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News
January 9, 2024

Bitcoin Jumps, Then Dumps to $45K as Fake News About Spot Bitcoin Approval Liquidates $50M

The immediate price reaction showed that bitcoin’s price might be capped if a real approval arrives, one analyst noted.

News
January 9, 2024

Spot Bitcoin ETF Approval Will Trigger ‘Selling Pressure’ on CME Futures Market: K33

Bitcoin futures’ open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval.

News
January 9, 2024

SEC Has Not Approved Bitcoin ETFs, but Its Hacked X Account Briefly Said Otherwise

The U.S. Securities and Exchange Commission (SEC) has not approved any spot bitcoin ETF applications as of Tuesday afternoon, despite a tweet from the regulator’s X (formerly Twitter) account saying they had been, the agency’s chair said.

News
January 9, 2024

No, a Trump Victory Might Be Bad for Crypto

A response to Politico’s article predicting good times if the ex-POTUS wins re-election.

News
January 9, 2024

El Salvador’s BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches

El Salvador is sitting on a $12.6 million unrealized profit on its bitcoin investment after being in the red for two years.

News
January 9, 2024

First Mover Americas: Bitcoin Holds Above $46K Amid ETF Anticipation

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
January 9, 2024

U.S. Arrests ‘Bitcoin Rodney,’ Alleged HyperVerse Crypto Scheme Promoter, on IRS Charges of Fraud

Rodney Burton was arrested on Friday in Florida and will be transferred to Maryland.

News
January 9, 2024

BlackRock, VanEck and Others Update Bitcoin ETF Filing Within Hours of Quick SEC Response

BlackRock and VanEck, two among 13 issuers hoping to launch bitcoin exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday.

News
January 9, 2024

‘Grayscale Discount’ Sinks to Lowest in 18 Months on Bets for GBTC Conversion to Bitcoin ETF

Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021.

News
January 9, 2024

DeFi Identity Should Be Focus of U.S. Policymakers, CFTC Says

The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized finance, a report published Monday said.

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