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January 4, 2024

Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts

Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.

News
January 4, 2024

Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task

Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.

News
January 4, 2024

Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say

Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.

News
January 4, 2024

Cathie Wood’s ARK Invest Offloads $25M of Coinbase Shares

Coinbase’s Nasdaq-listed stock fell 2.96% Wednesday to $152.24 as the crypto market’s rally halted.

News
January 4, 2024

Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There Is a Catch

Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets.

News
January 4, 2024

‘Deniers Are Crypto’s Flat Earthers’ as Markets Flash 83% Odds of Bitcoin ETF Approval

The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.

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