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SEC Delays Decision on 7RCC’s Eco-Friendly Bitcoin Spot ETF Proposal

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The review time for the introduction of the Bitcoin spot ETF (exchange-traded fund) by cryptocurrency asset management business 7RCC has been extended by the US Securities and Exchange Commission (SEC). SEC Extension of 7RCC’s Bitcoin Spot ETF Deadline The SEC stated in a notice sent on Thursday, May 2, 2024, that it will now determine … Read more

Homo Pepe: The New Solana Memecoin Set to Surge 8,000% in Rally Against Shiba Inu and Bonk

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Homo Pepe (HOMPEPE), like Shiba Inu (SHIB) and Bonk (BONK), has the potential to become a viral memecoin. This week saw the introduction of the Solana memecoin Homo Pepe (HOMPEPE), which seeks to compete with other massive memecoins like Shiba Inu (SHIB) and Bonk (BONK). Homo Pepe offers a comparable possibility to the enormous gains … Read more

Ownership Revealed: Binance, Coinbase, Bybit, and OKX Holdings in Various Altcoins

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The reserves held by significant centralized exchanges were revealed by bitcoin analysis firm Arkham in a recent announcement. Each exchange’s holdings are broken down in detail in the report. Binance Binance, the biggest cryptocurrency exchange globally based on trading volume, with an astounding $209.35 billion in total assets. The following is how the primary assets are … Read more

Daily Crypto Snapshot: DOGE, SHIB, PEPE Among Top Performers as BTC Surges to $63K

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Bitcoin’s recovery tour continues as the cryptocurrency jumped from under $59,000 yesterday to a multi-day peak of over $63,000 earlier today. Most altcoins have followed suit with impressive gains once again, including the ever-volatile meme coin sector. BTC Goes After $63K Bitcoin had a highly adverse trading week as its price dumped hard on a … Read more

Former Cred Executives Charged by DOJ in $783M Fraud and Money Laundering Scheme

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Three former executives of the now-defunct cryptocurrency loan and investment company Cred are the subject of allegations from the US Department of Justice (DOJ), which claims they were part of a scam that caused consumers to lose their holdings in cryptocurrency, which are today worth over $783 million. Daniel Schatt, the former CEO and co-owner … Read more

Decoding Cardano’s Latest Buy Signal: Potential Relief Rally for ADA Price Ahead

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According to CoinMarketCap, Cardano [ADA] was showing signs of recovery as of this writing, having climbed by 2% during the course of a 24-hour trading period. This comes following April’s severe cryptocurrency losses, which saw losses on the charts exceeding 23 percent. The previously indicated decline in the market reduced ADA’s overall profit margin from … Read more

Grayscale’s GBTC Sees Relief: Records First Inflow Since Launch, Ending Bleeding

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For the first time ever, Grayscale Investments has seen net positive inflows for the Grayscale Bitcoin Trust (GBTC). Following its conversion to a Bitcoin exchange-traded fund (ETF) in January, there have been outflows for almost four months running. According to Farside preliminary data, since the 11 spot Bitcoin ETFs started on January 11, Grayscale’s GBTC … Read more

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