Cryptocurrency News

[ad_1] Ethereum layer 2 solution Arbitrum had a brief downtime on Friday. An update showed a surge in inscriptions had contributed to the spike in network traffic and gas fees. Arbitrum has since “resolved this issue,” with operations back to normal and gas prices steadily recovering. Arbitrum, a rollup chain on Ethereum, is running normally […]

[ad_1] Top Stories This Week BlackRock revises spot Bitcoin ETF to enable easier access for banks BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to participate by creating new shares in the fund with cash rather than just crypto. The new in-kind redemption “prepay” model

[ad_1] The US Securities and Exchange Commission (SEC) has denied Coinbase Global’s petition for the establishment of new rules governing the digital asset industry. Coinbase, a major crypto exchange, had sought tailored regulations for the crypto sector, arguing that current U.S. securities laws were inadequate. However, SEC Chair Gary Gensler, in a letter to Coinbase’s

[ad_1] In an unexpected turn of events, the Solana-based memecoin Bonk (BONK) has experienced an extraordinary 1,000% monthly surge following its recent listings on major cryptocurrency exchanges.  The momentum began with Coinbase’s listing, followed closely by Binance’s surprise announcement, propelling BONK to new heights and generating enthusiasm within the crypto community. Astounding 1,000% Surge On

[ad_1] The Securities and Exchange Commission (SEC) has denied the rulemaking petition filed by Coinbase. SEC Chair Gary Gensler says current laws enough for investor proections. Commissioners Hester Peirce and Mark Uyeda have released a statement disagreeing with the Commission’s decision. The Securities and Exchange Commission (SEC) has denied a crypto rulemaking petition filed by

[ad_1] Goldman Sachs, a leading global investment banking firm, has projected a substantial surge in trading volumes of blockchain-based assets in the next one or two years, with significant market growth anticipated in three to five years, according to an interview with Reuters. This forecast, as revealed in a recent Reuters interview with Mathew McDermott,

[ad_1] Bitget says mandatory KYC will align the exchange with global financial regulations and underscore its tier1 status. KYC verification is one of the measures aimed at enhancing protection for users, including against theft and fraud, Bitget said. Verified accounts will enjoy higher withdrawal limits, exclusive access to Bitget events among others. Bitget has introduced

[ad_1] December’s Federal Open Market Committee (FOMC) meeting was a huge boon for markets. Risk assets — including cryptocurrencies — soared as the central bank appeared to take a more dovish stance on monetary policy. But the markets may be in for a nasty surprise in 2024 as the Federal Reserve faces an uphill battle

[ad_1] Welcome to this week’s publication of the Market’s Compass Crypto Sweet Sixteen Study #115. The Study tracks the technical condition of sixteen of the larger market cap cryptocurrencies. Every week the Studies will highlight the technical changes of the 16 cryptocurrencies that I track as well as individual highlights on noteworthy moves in certain

[ad_1] Bitget Wallet, formerly known as BitKeep, a Web3 trading wallet, has recently unveiled a strategic collaboration with the Ethereum Layer 2 network, Linea. The partnership aims to propel the development and expansion of the Linea ecosystem, marking a step towards enhancing Ethereum’s usability. Bitget Wallet has integrated with the Linea mainnet, offering users enhanced