News - Page 1242 of 2266 - Cryptonews (Page 1242)

Federal Reserve Expects Rate Cuts in 2024 But Path Remains Foggy, Minutes Reveal

The U.S. Federal Reserve expects to begin cutting interest rates in 2024, according to the minutes from the Federal Open Market Committee's (FOMC) pivotal December meeting released today. However, the path to eventual rate cuts remains highly uncertain, with various factors potentially...

, by Trent Alan

“We Have Heard Nothing to Indicate Anything but Approval,” Senior ETF Analyst Says

A senior ETF analyst has cast doubt on the accuracy of a new report published by crypto investment services provider Matrixport alleging the SEC may very well reject all spot Bitcoin ETF applications come January. “Massively out of consensus” “People tagging me like crazy on...

, by Julia Smith

Ethereum Foundation Announces Devcon 7 Conference in Bangkok, Thailand, November 12-15, 2024

The Ethereum Foundation has announced that Devcon 7, the Ethereum developer conference, will be hosted in Bangkok, Thailand, from November 12 to 15, 2024. The decision reflects an expansion of the event's vision, with a focus on embracing the entire Southeast Asia region as the stage for the...

, by Hassan Shittu

Arbitrum’s Total Value Locked Surges Past $2.5 Billion as Token Nears $2

Ethereum layer 2 network Arbitrum has recorded high transaction volumes at the start of the year as well as its total value locked (TVL) tapping $2.5 billion. On-chain data shows the firm's bullish performance in the last week of 2023 and the early days of 2024 with surging transaction...

, by David Pokima

Bitget Exchange Reports Significant Growth in Employees and User Base, Highlights Focus on Bitcoin Expansion in 2024

Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in its employee and user base in 2023. According to its recently released year-end report, the crypto exchange Bitget has reported aggressive workforce expansion and a significant increase in its user base...

, by Hassan Shittu

Over $460 Million Longs Liquidated in Past Hour as Bitcoin Drops 8% on Spot ETF Delay Rumors

More than $460 million in longs liquidated across the crypto market over the past hour alone after the price of Bitcoin dropped by 8% on rumors that the SEC might delay spot ETF approval. According to data by CoinGlass, long traders suffered around $462 million in losses across...

, by Ruholamin Haqshanas

Record $1.1 Trillion in Crypto Exchange Volume Driven by Spot Bitcoin ETF Anticipation

The monthly spot trading volume on crypto exchanges exceeded $1 trillion in December 2023, marking the first time this significant volume level has been surpassed in over a year. According to data from compiled by The Block, the total exchange volume for the month reached a whopping $1.1...

, by Fredrik Vold

Matrixport Analysis: SEC to Reject ETF Applications in January with Final Approval Pushed to Q2 2024

Cryptocurrency financial services company, Matrixport has projected a possible rejection of spot Bitcoin (BTC) ETF applications in January with final approval in the second quarter of the year. In a Jan 3 market research, the firm gave reasons why the Securities and Exchange Commission (SEC)...

, by David Pokima

Fidelity Undercuts Bitcoin ETF Market with Low 0.39% Fee

With the Securities and Exchange Commission (SEC) nearing the potential approval of the first Bitcoin (BTC) exchange-traded funds (ETFs), issuers are vying for an early advantage to capture investor interest. Specifically, Fidelity has set a highly competitive fee of 0.39%, while...

, by Ruholamin Haqshanas

South Korean Gaming Giant WeMade Must Pay $41M ‘Crypto Tax’ Bill

The South Korean gaming firm WeMade has been hit with a $41 million tax bill for its crypto-related activities. Yonhap reported that the National Tax Service (NTS) issued the bill following an investigation into the firm’s historic crypto business operations. The NTS said it had...

, by Tim Alper

Solana-Based Jupiter to Distribute 1 Billion JUP Tokens in Upcoming Airdrop

Jupiter, a decentralized trading aggregator built on the Solana blockchain, has announced plans to conduct the airdrop of its JUP token in late January. According to Meow, the pseudonymous founder of the protocol, the surge in decentralized finance (DeFi) activity on the Solana blockchain,...

, by Ruholamin Haqshanas

Is Binance CEO Richard Teng Changing the Industry’s Messianic Narrative + More News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Is Binance CEO Richard Teng Changing the Industry’s Messianic Narrative? Fidelity Sets Bitcoin ETF Fee at...

, by Sead Fadilpašić

EBA to Extend Stress Testing to Assess Impact of Strains in Non-Bank Financial Institutions, Including Crypto Entities

The European Banking Authority (EBA) is set to implement additional measures to evaluate the potential impact of strains in non-bank financial institutions (NBFIs), including those in the cryptocurrency sector, on traditional banks. This initiative is driven by concerns over contagion and aims...

, by Hassan Shittu

Crypto Exchange Listing and Delisting Announcements: January 2, 2024

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.Have we missed something? Do you have information about new listings and/or delistings? Let us know...

, by Mao Orillana

Bitcoin ETF is Fully Priced In, Argues Analyst Glen Goodman

In a recent interview, analyst Glen Goodman, author of The Crypto Trader, discussed if a spot Bitcoin exchange-traded fund (ETF) is priced in, and what could happen if the "unknown factor", Gary Gensler, decides to delay it. The market eagerly awaits the US Securities and Exchange (SEC)'s...

, by Sead Fadilpašić

Wallet Drainers Make Off with $295 Million from 320,000 Users in 2023: Scam Sniffer

Popular crypto phishing scams drained almost $300 million from 320,000 users in 2023 with figures increasing monthly as bad actors deploy sophisticated techniques. In a recent publication, cryptocurrency security firm, Scam Sniffers analyzed the market trends in the previous year stressing...

, by David Pokima

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