Category: Cryptocurrency

January 04, 2024 BY Elizabeth Anderson

Grayscale in talks with JPMorgan and Goldman Sachs over Bitcoin ETF

By becoming authorised participants, JPMorgan and Goldman Sachs would have the ability to create and redeem shares, adding to the stability of liquid maintenance. An impressive benefit would also be the ability to align ETF share prices with each firm’s underlying assets, and, as global giants, this would benefit all parties involved. Don’t miss out…

Read more
December 28, 2023 BY Elizabeth Anderson

Analysts divided over ether and bitcoin performance race

André Dragosch, head of research at ETC Group, predicted that ether will outperform all other ETFs during 2024, specifically overtaking its ultimate rival, Bitcoin (BTC). Dragosch also noted that ether will able to reserve the underperformance it has seen this year with a new deflationary burn mechanism launched in August 2021, Improvement Proposal EIP-1559. The…

Read more
Bitget logo
December 22, 2023 BY Simon Mugo

Bitget Unveils Plan To Serve the Bitcoin Ecosystem Better

The strategic plan of Bitget Wallet is expansive, covering a wide array of services specifically tailored to the Bitcoin ecosystem. Platform users can look forward to robust BTC asset management, seamless cross-chain swaps, support for both EOA and MPC wallets, compatibility with Taproot, and efficient asset transfers for BRC-20 tokens and NFTs. Additionally, Bitget Wallet…

Read more
TerraUSD
December 19, 2023 BY Simon Mugo

TerraUSD's Founder Do Kwon’s Extradition Stopped on Judicial Error

As reported by Coindesk, based on court documents released on Tuesday, the judge handling the case did not provide Kwon an opportunity to express his views on the U.S. extradition request. This step is a compulsory procedure under the law. Kwon's legal team successfully appealed based on this error, resulting in the case being sent…

Read more
December 11, 2023 BY Simon Mugo

Google Anticipates Crypto ETFs Approval With New Crypto Ads

The updated policy is applicable worldwide, and Google expects advertisers to adhere to the legal requirements in their targeted areas. To advertise cryptocurrency coin trusts, entities must be certified by Google, holding the necessary licenses and fulfilling all legal obligations in their target regions. Google's current policy permits certain types of cryptocurrency advertisements but excludes…

Read more
December 04, 2023 BY Elizabeth Anderson

Bitcoin and Ethereum achieve all-year highs

According to Reuters, these upticks follow an economic sigh of relief after US interest rate cuts and widespread anticipation that US stock market-traded bitcoin funds will soon be approved. Bitcoin broke records on Monday, when it hit the $41,522 mark, the highest value the digital currency reflected since April 2022. Analysts indicated the world’s most…

Read more
November 27, 2023 BY Elizabeth Anderson

Crypto market opens the week on rocky terrain

The crypto giant, Bitcoin, witnessed a slight decline of 1.11%, accompanied by a notable 71.58% increase in market volume over the last 24 hours, reaching $14.85bn. However, the cryptocurrency had touched its yearly high by surpassing the crucial $38,000 mark in the previous week. Ethereum also saw a 1.42% decline to $2,045.62, with its trading…

Read more