The US Securities and Exchange Commission (SEC) has opened the floor for public comments on the potential introduction of Bitcoin spot ETF options trading. This move has sparked reactions from the financial market, with experts anticipating a possible approval as early as March. NYSE’s Application In a letter to the SEC, the New York Stock…
Coinbase, a leading crypto exchange based in the United States, has denied rumors that the Nigerian government has ordered it to restrict its services to Nigerian citizens. Coinbase CEO’s Statement Coinbase CEO Brian Armstrong addressed the issue in a post on Twitter, clarifying that Coinbase’s services are still operational in Nigeria and that the company…
On February 23, 2024, Axie Infinity co-founder Aleksander Larsen’s personal crypto wallets were compromised, resulting in the theft of 3,248 ETH (approximately $9.7 million). Breach Details Blockchain investigator PeckShield discovered suspicious activity and alerted the community. The stolen funds were sent to Tornado Cash, a crypto mixer, to obscure the transaction history. The attack was…
Dogecoin has been struggling in the crypto market lately, while other altcoins have been surging. As a result, Dogecoin has lost its spot in the top 10 cryptocurrencies by market cap. Tron Overtakes Dogecoin Tron, led by Justin Sun, has been on a bullish run, with its TRX token rising almost 200% since 2023. This…
On February 22, Bitcoin miner Riot Platforms, along with industry groups Texas Blockchain Council (TBC) and the Chamber of Digital Commerce, filed a lawsuit against the Biden administration. The lawsuit targets the US Department of Energy (DOE), the US Energy Information Administration (EIA), and the Office of Management and Budget (OMB). The lawsuit challenges the…
A viral video on TikTok has brought attention to a possible solution for the housing crisis in America: tiny homes. These compact, affordable dwellings, often referred to as accessory dwelling units (ADUs), are gaining popularity as a way to ease the burden of high housing costs. Nathan Graham, the buyer in the viral video, purchased…
Analyst Bullish on Stacks (STX) Cryptocurrency analyst Nicholas Merten is bullish on Stacks (STX), a Bitcoin (BTC) ecosystem altcoin that has surged over 70% in the past two weeks. Merten believes STX could rally exponentially if Bitcoin continues its bull run. Strong Momentum Since November 2022 Merten pointed out STX’s strong bullish momentum since November…
Long-Term Outlook Crypto trader Ali Martinez is optimistic about the future of Polygon (MATIC), an Ethereum (ETH) scaling crypto project. He believes MATIC could appreciate by around 77% to a price last reached in February 2022 if a major support level holds. Martinez sees promising signs for MATIC from a long-term perspective. He identifies a…
The European Central Bank (ECB) officials don’t believe Bitcoin (BTC) has any value as a financial asset, even after the U.S. approval of a spot exchange-traded fund (ETF) for the cryptocurrency. ECB’s Disapproval of Bitcoin In a blog post, ECB director general Ulrich Bindseil and advisor Jürgen Schaaf stated that the U.S. Securities and Exchange…
Crypto analyst Bluntz Capital sees a bright future for the Dogwifhat (WIF) token. He believes WIF has the potential to challenge Dogecoin (DOGE) and Shiba Inu (SHIB) as the leading meme coins. Turbo Parabolic Rally Bluntz predicts that WIF is poised for a “turbo parabolic” rally, with the price potentially reaching $1. He believes that…
