Valkyrie Exec Expects U.S. Spot Bitcoin ETF Approvals To Come As Soon As This Month
Valkyrie Investments’ chief investment officer (CIO), Steven McClurg, believes the US Securities and Exchange Commission will finally approve exchange-traded funds that invest directly in Bitcoin this month.
Spot ETFs To Hit The U.S. Market This Month?Amid all the current developments surrounding the approval of spot Bitcoin exchange-traded funds (ETFs), a top executive at crypto asset manager Valkyrie predicts that an ETF product — which investors have been waiting on for over 10 years — could get the regulatory nod this month.
Valkyrie Investments’ chief investment officer (CIO), Steven McClurg, believes the US Securities and Exchange Commission will finally approve exchange-traded funds that invest directly in Bitcoin this month.
Spot ETFs To Hit The U.S. Market This Month?Amid all the current developments surrounding the approval of spot Bitcoin exchange-traded funds (ETFs), a top executive at crypto asset manager Valkyrie predicts that an ETF product — which investors have been waiting on for over 10 years — could get the regulatory nod this month.
Bitcoin’s Recent Surge on Exchanges: Binance and Bitfinex Lead With $871M Inflow
On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at approximately $928 million. Moreover, more than 60% of this newly deposited bitcoin was transferred to Binance.
Centralized Exchanges See $928M Bitcoin Influx; Binance Receives Over 60%
This year has witnessed a significant decline in the quantity of bitcoin (BTC) held on crypto trading platforms. As of December 4, the figure stood just above the two million mark, with approximately 2,001,259 BTC. This information, sourced from cryptoquant.com, confirms that the leading digital currency has maintained levels above the two million threshold. Following this, an influx of 21,436 BTC has been observed flowing into centralized crypto exchanges.
On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at approximately $928 million. Moreover, more than 60% of this newly deposited bitcoin was transferred to Binance.
Centralized Exchanges See $928M Bitcoin Influx; Binance Receives Over 60%
This year has witnessed a significant decline in the quantity of bitcoin (BTC) held on crypto trading platforms. As of December 4, the figure stood just above the two million mark, with approximately 2,001,259 BTC. This information, sourced from cryptoquant.com, confirms that the leading digital currency has maintained levels above the two million threshold. Following this, an influx of 21,436 BTC has been observed flowing into centralized crypto exchanges.
Why Experts Foresee Solana (SOL) Outshining Ethereum (ETH) By 500% In the Next Bull Run
The co-founders of leading crypto analytics firm Glassnode, Jan Happel and Yann Allemann, foresee Solana (SOL) outperforming Ethereum (ETH) by a staggering 500% in the next bull run.
The duo who operate under the X account “Negentropic” recently shared their optimistic outlook on Solana’s potential ascent. Notably, their perspective was inspired by a recent interview featuring macroeconomist Henrik Zeberg and Global Macroinvestor CEO Raoul Pal, where the discussion centered around the potential for a remarkable rally in the SOL/ETH chart.
The co-founders of leading crypto analytics firm Glassnode, Jan Happel and Yann Allemann, foresee Solana (SOL) outperforming Ethereum (ETH) by a staggering 500% in the next bull run.
The duo who operate under the X account “Negentropic” recently shared their optimistic outlook on Solana’s potential ascent. Notably, their perspective was inspired by a recent interview featuring macroeconomist Henrik Zeberg and Global Macroinvestor CEO Raoul Pal, where the discussion centered around the potential for a remarkable rally in the SOL/ETH chart.
Crypto Pioneer Arthur Hayes Slams Cardano’s ADA As ‘Dogshit’; Hoskinson Responds
BitMEX founder and former CEO Arthur Hayes has thrown shade at Cardano (ADA), contemptuously calling it “dogshit”. His controversial comment prompted Cardano creator Charles Hoskinson to respond on the X social media platform.
Why The ADA Shade?In a recent Twitter post, Bitcoin billionaire Arthur Hayes shared an image showing the fee generation of several decentralized applications (dApps) and protocols across the crypto industry and called into question the existence and performance of ADA-based applications within this space.
The image by the BitMEX founder is from the crypto analytics platform Token Terminal. It portrays a bar chart of different cryptocurrency projects, including Kwenta, Gains Network, Aura Finance, Curve, Lido Finance, and Uniswap, ranked by the fees they have amassed over the last year. As per the data, the top fee-generating projects are Aave, MakerDao, Uniswap and Lido Finance.
BitMEX founder and former CEO Arthur Hayes has thrown shade at Cardano (ADA), contemptuously calling it “dogshit”. His controversial comment prompted Cardano creator Charles Hoskinson to respond on the X social media platform.
Why The ADA Shade?In a recent Twitter post, Bitcoin billionaire Arthur Hayes shared an image showing the fee generation of several decentralized applications (dApps) and protocols across the crypto industry and called into question the existence and performance of ADA-based applications within this space.
The image by the BitMEX founder is from the crypto analytics platform Token Terminal. It portrays a bar chart of different cryptocurrency projects, including Kwenta, Gains Network, Aura Finance, Curve, Lido Finance, and Uniswap, ranked by the fees they have amassed over the last year. As per the data, the top fee-generating projects are Aave, MakerDao, Uniswap and Lido Finance.
Economist Alex Krüger Says TradFi Firms Have Three Options When It Comes to Bitcoin (BTC) – Here’s What He Means
Widely followed economist and crypto analyst Alex Krüger says that traditional finance (TradFi) firms have a choice to make when it comes to Bitcoin (BTC).
Krüger tells his 169,200 followers on the social media platform X that TradFi portfolio managers will likely underperform everyone else for the next 10 years if they don’t accumulate Bitcoin now.
Widely followed economist and crypto analyst Alex Krüger says that traditional finance (TradFi) firms have a choice to make when it comes to Bitcoin (BTC).
Krüger tells his 169,200 followers on the social media platform X that TradFi portfolio managers will likely underperform everyone else for the next 10 years if they don’t accumulate Bitcoin now.
JPMorgan’s Crypto Double Standard: Largest US Bank Invests In Spot BTC ETFs While Dimon Remains A Bitcoin Hater
In a significant development underscoring the increasing interest of traditional financial institutions in Bitcoin (BTC), JPMorgan, the largest bank in the United States with $2.6 trillion in assets under management, holds shares in spot BTC exchange-traded funds (ETFs).
In a May 10 13F filing with the United States Securities and Exchange Commission (SEC), JPMorgan Chase disclosed owning roughly $760,000 worth of shares of the ProShares Bitcoin Strategy ETF (BITO), BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust (GBTC) and the Bitwise Bitcoin ETF. The bank also has exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.
In a significant development underscoring the increasing interest of traditional financial institutions in Bitcoin (BTC), JPMorgan, the largest bank in the United States with $2.6 trillion in assets under management, holds shares in spot BTC exchange-traded funds (ETFs).
In a May 10 13F filing with the United States Securities and Exchange Commission (SEC), JPMorgan Chase disclosed owning roughly $760,000 worth of shares of the ProShares Bitcoin Strategy ETF (BITO), BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust (GBTC) and the Bitwise Bitcoin ETF. The bank also has exposure to Bitcoin Depot Inc., a Bitcoin ATM provider.
Increasing Negative Interest in BTC as Its Price Struggles to Find Upward Momentum
BTC struggles to find pace and add gains. It slumped over 3% on 21 June, dropping below $64,000, and presently fluctuates just above $64,000. It has fallen by 8% over the past month. Despite hope and anticipation for price rises, BTC has failed to find its footing and perform like it did earlier this month when it surged past $70,000.
Whales and miners have liquidated over $1.2 billion of BTC within the past two weeks because of the price decreases. Factors like a strong dollar and investors preferring more stable markets have triggered such liquidations and can keep BTC much below $70,000 for some time. Some traders feel it may even hit $60,000 soon.
BTC struggles to find pace and add gains. It slumped over 3% on 21 June, dropping below $64,000, and presently fluctuates just above $64,000. It has fallen by 8% over the past month. Despite hope and anticipation for price rises, BTC has failed to find its footing and perform like it did earlier this month when it surged past $70,000.
Whales and miners have liquidated over $1.2 billion of BTC within the past two weeks because of the price decreases. Factors like a strong dollar and investors preferring more stable markets have triggered such liquidations and can keep BTC much below $70,000 for some time. Some traders feel it may even hit $60,000 soon.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Investor Chris Burniske Says Ethereum Could Surprise Traders Amid ‘Extreme Sentiment’ – Here’s What He Means
Crypto investor Chris Burniske says that Ethereum (ETH) could have a surprise rally this cycle if one key event takes place.
The former head of crypto at ARK Invest tells his 292,200 followers on the social media platform X that traditional finance (TradFi) may suddenly rush into Ethereum for the project’s fundamentals, sparking a massive rally.
Crypto investor Chris Burniske says that Ethereum (ETH) could have a surprise rally this cycle if one key event takes place.
The former head of crypto at ARK Invest tells his 292,200 followers on the social media platform X that traditional finance (TradFi) may suddenly rush into Ethereum for the project’s fundamentals, sparking a massive rally.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
CFTC Issues Order Against Uniswap Labs for Allegedly Offering Illegal Digital Asset Derivatives Trading
The Commodity Futures Trading Commission (CFTC) is filing charges against the firm behind Uniswap (UNI), alleging that it offered illegal crypto derivatives contracts.
In a new press release, the regulatory agency says it has slapped Uniswap Labs with a $175,000 civil penalty and a cease and desist letter after it was allegedly found to be in violation of the Commodity Exchange Act (CEA).
The Commodity Futures Trading Commission (CFTC) is filing charges against the firm behind Uniswap (UNI), alleging that it offered illegal crypto derivatives contracts.
In a new press release, the regulatory agency says it has slapped Uniswap Labs with a $175,000 civil penalty and a cease and desist letter after it was allegedly found to be in violation of the Commodity Exchange Act (CEA).
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
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Sun Pump
The First Meme Fair Launch Platform on Tron:swap,earn,meme culture,instantly tradable without having to seed liquidity
Ethereum Remains on Radar for Major Recovery Move to $4,000 After Breaking Out of Inverse Pattern
Ethereum might ignite the altcoin fire since it has set its eyes on making a more than 53% surge to the psychological threshold of $4,000.
Calling out this development, renowned market analyst Javon Marks acknowledged that this bullish run was imminent, given that the second-largest cryptocurrency based on market value was making incredible progress towards this journey.
Ethereum might ignite the altcoin fire since it has set its eyes on making a more than 53% surge to the psychological threshold of $4,000.
Calling out this development, renowned market analyst Javon Marks acknowledged that this bullish run was imminent, given that the second-largest cryptocurrency based on market value was making incredible progress towards this journey.
Ripple XRP’s Price On The Brink Of Unbelievable All-Time Highs As Leak Reveals Mammoth December Bombshell
San Francisco-based fintech startup Ripple is close to securing the final greenlight from the New York Department of Financial Services (NYDFS) for its overcollateralized dollar-pegged RLUSD stablecoin.
According to a leak reported by Fox Business, Ripple is anticipated to launch RLUSD in the American digital finance market in the coming days after months of testing. The forthcoming stablecoin will bolster Ripple’s position in the U.S. digital market and the wider stablecoin ecosystem.
San Francisco-based fintech startup Ripple is close to securing the final greenlight from the New York Department of Financial Services (NYDFS) for its overcollateralized dollar-pegged RLUSD stablecoin.
According to a leak reported by Fox Business, Ripple is anticipated to launch RLUSD in the American digital finance market in the coming days after months of testing. The forthcoming stablecoin will bolster Ripple’s position in the U.S. digital market and the wider stablecoin ecosystem.
Nexera Launches First Compliance-Ready Layer 1 for Institutional On-Chain Capital Markets
Nexera has unveiled its Layer 1 blockchain, meticulously designed to cater to the needs of institutional on-chain capital markets. Nexera Chain integrates compliance, interoperability, and scalability at its foundation, offering a robust solution for real-world asset tokenization that connects traditional finance with the decentralized ecosystem.
This cutting-edge blockchain leverages sophisticated AI-powered solutions for compliance, facilitating automated Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), Anti-Money Laundering (AML), and Travel Rule adherence. Nexera Chain guarantees that all participants and transactions comply with international regulatory standards, empowering institutions to navigate the fast-changing regulatory environment confidently. The design is in harmony with frameworks like the EU’s Markets in Crypto-Assets (MiCA), providing a robust compliance foundation while maintaining efficiency and fostering innovation.
Nexera has unveiled its Layer 1 blockchain, meticulously designed to cater to the needs of institutional on-chain capital markets. Nexera Chain integrates compliance, interoperability, and scalability at its foundation, offering a robust solution for real-world asset tokenization that connects traditional finance with the decentralized ecosystem.
This cutting-edge blockchain leverages sophisticated AI-powered solutions for compliance, facilitating automated Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), Anti-Money Laundering (AML), and Travel Rule adherence. Nexera Chain guarantees that all participants and transactions comply with international regulatory standards, empowering institutions to navigate the fast-changing regulatory environment confidently. The design is in harmony with frameworks like the EU’s Markets in Crypto-Assets (MiCA), providing a robust compliance foundation while maintaining efficiency and fostering innovation.