NEAR Foundation to Cut Team by 40% in Realignment Effort
NEAR Foundation announced plans to cut its team down by about 40% as part of its realignment initiative, impacting 35 employees. In 2023, the NEAR Protocol managed to host three…
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Robinhood Plans to List Spot Bitcoin ETFs ‘ASAP’
Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform. The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving…
Bitcoin Miner Outflow Surges to 77-Month High: Data
Bitcoin miner outflow has reached a 77-month high despite an overall positive trend in the crypto market. According to on-chain intelligence firm CryptoQuant, the ‘Miner Outflow’ metric demonstrated the outflow…
ETF Aftermath? Over $300 Million in Liquidations as Bitcoin (BTC) Dumps by $3K in Minutes
Bitcoin soared past $49,000 hours ago after the first ETFs reached the US market but plummeted by over three grand in the following minutes. This resulted in a lot of…
Bitcoin Blasts Over $49,000 As ETFs Gather $1.7 Billion In Volume After Launch
Bitcoin (BTC) ripped to another multi-year high of $49,000 on Thursday within an hour of the first U.S. Bitcoin spot ETFs going live on public markets. Between all 11 fund…
Vitalik Buterin Advocates for a 33% Gas Limit Increase for Ethereum
During a recent Reddit Ask Me Anything (AMA) event organized by the Ethereum Foundation’s research team, the protocol’s co-founder Vitalik Buterin suggested a “modest” increase in its gas limit to…
A Watershed Moment for Crypto: Coinbase Comments on Bitcoin ETFs Approval
America’s largest cryptocurrency exchange, Coinbase, has tagged the approval of spot Bitcoin exchange-traded funds (ETFs) in the U.S. a “watershed moment,” which would lead to the expansion of the digital…
Cathie Wood: Gary Gensler’s Critique Reflects Old vs. New DNA Clash in Crypto
The Securities and Exchange Commission (SEC) recently approved several Bitcoin Exchange-Traded Funds (ETFs) in a watershed moment for the crypto industry. However, the enthusiasm surrounding this milestone was dampened by…
Bitcoin ETF Approvals Do Not Undo Many Harms Created by SEC: Commissioner Peirce
Hester Peirce, also known as ‘crypto mom,’ didn’t mince her words in a statement responding to the approval of spot Bitcoin exchange-traded products by her agency after a decade of…
ProShares Bitcoin Strategy ETF (BITO) Hits Record $2B in Assets Amid Spot ETF Anticipation
The ProShares Bitcoin Strategy ETF (BITO) has witnessed a significant surge in its assets under management, approaching the $2 billion mark on January 8th, thereby registering an all-time high. On…
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