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Ethereum Validators Face Delays in Withdrawing Staked ETH as Celsius Withdraws Cause Backlog

January 8, 2024 by Arnold Potts

Ethereum’s validators are facing significant delays in withdrawing their staked ether (ETH), and the defunct crypto lender Celsius may be partially responsible for the backlog. Validators stake ETH to help secure the Ethereum network and earn a steady rate of interest. However, …

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VanEck Commits to Donating 5% of BTC ETF Profits to Bitcoin Developers

January 8, 2024 by Arnold Potts

Asset management firm VanEck has announced that it will donate 5% of the profits from its Bitcoin exchange-traded fund (ETF) to Bitcoin developers at Brink. This move comes as VanEck awaits a decision from the U.S. Securities and Exchange Commission (SEC) regarding …

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The SEC’s Recent Win in Terraform Labs Dispute Strengthens Case Against Coinbase and Binance

January 8, 2024 by Arnold Potts

The U.S. Securities and Exchange Commission (SEC) is using its recent victory in the Terraform Labs case to bolster its arguments against cryptocurrency exchanges Coinbase and Binance. The SEC has been engaged in legal battles with various crypto platforms, seeking to establish …

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Depletion of Fed’s Reverse Repo Program and Expiry of Crucial Funding Facility Could Trigger March Market Crash, Warns CIO Arthur Hayes

January 8, 2024 by Arnold Potts

Depletion of the Fed’s reverse repo program and the expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, according to Maelstrom CIO Arthur Hayes. While crypto investors …

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U.S. Bitcoin ETFs Expected to Launch Soon as Exchanges File Amended Documents

January 8, 2024 by Arnold Potts

U.S. spot bitcoin exchange-traded funds (ETFs) are inching closer to becoming a reality as the exchanges set to list them have filed amended documents, indicating their anticipation of approval from the U.S. Securities and Exchange Commission (SEC) in the coming days. The …

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The Forgotten History of the Persian Empire: Unmasking the Veil of Ignorance

January 8, 2024 by Arnold Potts

In-Depth News Article: Unmasking the Forgotten History of the Persian Empire Come with me to the land of saffron and rosewater for a story lost in the annals of history. This ancient kingdom, rich in history and once the mightiest empire in …

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BRC20.com Raises $1.5 Million to Provide Infrastructure for Bitcoin Tokens

January 7, 2024 by Arnold Potts

Newly launched Bitcoin tokens platform BRC20.com has successfully raised $1.5 million in funding, with UTXO Management leading the investment round. UTXO Management is the asset management arm of BTC Inc., the parent company of BRC20.com. The funding round also saw participation from …

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Intense Competition Among Prominent Players for First Bitcoin Spot ETF in the U.S.

January 7, 2024 by Arnold Potts

Title: Intense Competition Emerges as Bitcoin ETF Approval Deadline Approaches Introduction As the January deadline for the potential launch of a Bitcoin spot ETF in the U.S. looms, anticipation is high among investors and financial institutions. The approval of a Bitcoin ETF …

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Bloomberg ETF Analyst Reassures Spot Bitcoin ETFs Will Hold Actual BTC Amidst Concerns

January 7, 2024 by Arnold Potts

Amid rapidly growing anticipation for the launch of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, concerns have arisen from many in the Bitcoin community regarding if these funds will truly hold spot Bitcoin or not. In response to these worries, …

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Analysts Predict SEC Approval for Spot Bitcoin ETFs in January, with Ether ETFs to Follow

January 7, 2024 by Arnold Potts

Analysts are predicting that the Securities and Exchange Commission (SEC) will approve spot Bitcoin ETF applications in January 2023. This comes after the approval of Bitcoin Futures ETFs in October and Ether Futures ETFs in the same month. Traditional financial institutions have …

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