The race to launch a bitcoin exchange-traded fund (ETF) in the United States has reached a bureaucratic crescendo, with major Wall Street firms finalizing their offerings’ paperwork in anticipation of approval from the U.S. Securities and Exchange Commission (SEC). BlackRock, Fidelity, Invesco, …
The price of bitcoin (BTC) has started the year 2024 with a strong surge, gaining over 7% in just 24 hours and approaching $46,000. This marks the highest level for the cryptocurrency since April 2022. The driving force behind this upward movement …
Holding long positions or leveraged bullish bets in the perpetual futures market tied to bitcoin has become more expensive than ever as bitcoin surpassed $45,000 for the first time since April 2022. Data from crypto services provider Matrixport reveals that global average …
the website. However, this method also comes with its own set of challenges. The delivery company has to handle cash, which increases the risk of theft or loss. Additionally, the retailer may face difficulties in reconciling the cash received with the corresponding …
The European Banking Authority (EBA) is set to take additional measures to assess the potential impact of non-bank financial institutions (NBFIs), including cryptocurrency-related entities, on European Union banks. The move comes as concerns over contagion and the interconnectedness of financial firms continue …
The Sei Network’s SEI token has experienced significant growth in recent weeks, thanks to the rise in popularity of EVM-compliant blockchains and the parallelization process. The Sei Network, which was launched in August 2023, is a trading-focused blockchain that offers speed, low …
Traders on the decentralized prediction platform Polymarket are expressing confidence that one or more exchange-traded funds (ETFs) investing in bitcoin (BTC) will be launched in the United States within the next two weeks. Currently, shares of the contract “Bitcoin ETF approved by …
Orbit Chain, a platform that facilitates communication and transactions across various blockchains, has suffered a significant loss of $81 million due to a hack that exploited the platform’s cross-chain bridge. The project confirmed the security breach in a post on X, revealing …
Shares of prominent bitcoin-adjacent companies rose in pre-market trading on Tuesday as the world’s largest cryptocurrency started 2024 by surpassing $45,000 for the first time in 21 months. Bitcoin (BTC) has added more than 7% in the last 24 hours to about …
IOTA Network’s ShimmerEVM is set to enhance its cross-chain capabilities by integrating LayerZero’s cross-chain messaging technology, according to developers. This integration will enable users to interact and transact across multiple networks, opening up new possibilities for the IOTA ecosystem. The initial connection …