Daily Archives: Feb 7, 2024

SEC Delays Decision on Invesco and Galaxy Digital’s Spot Ether ETF

The United States Securities and Exchange Commission (SEC) has delayed its ruling on the Invesco Galaxy ether exchange-traded fund (ETF), and has now been pushed to potentially July 2024 after opening the proposal to public comments. Invesco and Galaxy Spot...

Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes

After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant...

Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank

The Federal Reserve terminated its enforcement action against Washington-based Farmington State Bank, previously known as Moonstone Bank and linked to FTX’s Alameda Research. Federal Reserve Terminates Enforcement Action of FTX-Linked Farmington Bank The Federal Reserve Board has officially concluded its enforcement...

FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services

Prometheum, the first U.S. special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency ethereum. This announcement arrives amidst a period where the prominent crypto asset,...

Crypto Titan Digital Currency Group Opposes Genesis’ Restructuring Plan for Favoring Select Creditors

In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple concerns. DCG argues that the plan favors certain creditors over others unjustly, and the...

Quantum Cats NFT Collection Jumps in Value, Dominates Secondary Market Trade Volume

Following the launch of Taproot Wizards’ Quantum Cats non-fungible token (NFT) series, secondary market activity reveals significant trading volume and a significant increase in the collection’s minimum value. Initially offered at 0.1 bitcoin each, Quantum Cats’ lowest value now...

Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market

Bitcoin’s price continues to demonstrate resilience in the face of market fluctuations, settling at $42,902 to $43,091 within the last hour, with a modest uptick of 0.4% in the last 24 hours. This week’s growth of 0.7%, coupled with...

Blackrock’s Bitcoin ETF Rockets to Top Five in 2024 ETF Inflows After Just 17 Days

Blackrock’s Ishares Bitcoin Trust (IBIT) has rapidly ascended to the upper ranks of the exchange-traded funds (ETFs) market, landing among the top five in terms of 2024 inflows in just 17 days, showcasing the burgeoning investor interest in cryptocurrency...

Another $2.5m Max Win on Bitcasino as It Celebrates 10-Year Milestone

PRESS RELEASE. February 7th, 2024, London, UK — The huge, max win prize dropped on Gates of Bitcasino, an exclusive game from Pragmatic Play created for Bitcasino players. Gates of Bitcasino is based on the classic slot title Gates...

ENS Partners Godaddy to Link Domains and Web3 Addresses

Ethereum Name Service (ENS), a Web3 service provider, and Godaddy, a domain and web hosting company, announced they are partnering to link domains with Web3 addresses. The link between current internet domains and Ethereum-based domain services will allow users...

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Mike Tyson joins boxing blockchain project

Boxing legend Mike Tyson has partnered with the blockchain venture for boxers Prepared To Battle. In accordance with a press...