🗞 CryptoNews of the Day 🗞
United Nations Singles Out USDT as Source of Money Laundering and Scam in Southeast Asia: A recent United Nations report has shed light on the involvement of Tether's USDT stablecoin in money laundering and scams, particularly in Southeast Asia.
👉Details: https://coinmarketcap.com/academy/article/united-nations-singles-out-usdt-as-source-of-money-laundering-and-scam-in-southeast-asia
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Hedera Approves $389M Worth of HBAR To Fund Ecosystem Growth: The Hedera Global Governing Council has approved 4.86 billion Hedera (HBAR) tokens, worth approximately $389 million, to support the growth and development of the Hedera ecosystem.
👉Details: https://coinmarketcap.com/academy/article/hedera-approves-dollar389m-worth-of-hbar-to-fund-ecosystem-growth
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🗞 CryptoNews of the Day 🗞
GameStop Terminates NFT Marketplace: GameStop, the popular gaming retailer, has announced that it will be phasing out its nonfungible token (NFT) marketplace next month due to regulatory uncertainty.
👉Details: https://coinmarketcap.com/academy/article/gamestop-terminates-nft-marketplace
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$1.4B Inflows Into Spot Bitcoin ETF After First Two Trading Sessions: Spot Bitcoin exchange-traded funds (ETFs), which launched last Thursday, have already attracted a significant amount of investor interest in their first two days.
👉Details: https://coinmarketcap.com/academy/article/dollar14b-inflows-into-spot-bitcoin-etf-after-first-two-trading-sessions
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MicroStrategy’s BTC Holding Worth More Than Company’s Market Cap: MicroStrategy, the data software firm known for its aggressive Bitcoin investment strategy, has faced headwinds in the New Year, with its stock price slipping more than 20% in January.
👉Details: https://coinmarketcap.com/academy/article/microstrategys-btc-holding-worth-more-than-companys-market-cap
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Near Foundation Downsizes in Bid to Boost Efficiency: The Near Foundation, the organization behind the Near protocol, has announced that it will be laying off approximately 40% of its staff in a move to consolidate and focus its efforts.
👉Details: https://coinmarketcap.com/academy/article/near-foundation-downsizes-in-bid-to-boost-efficiency
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Vanguard Blocks Spot Bitcoin ETF Trading, Prompting Some Investors to Close Accounts: Asset management giant Vanguard has banned trading of the newly approved spot Bitcoin exchange-traded funds (ETFs) on its platform.
👉Details: https://coinmarketcap.com/academy/article/vanguard-blocks-spot-bitcoin-etf-trading-prompting-some-investors-to-close-accounts
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Ethereum Spot ETFs Could Be Next, According to Bloomberg Analyst: With the U.S. Securities and Exchange Commission (SEC) approving 11 spot Bitcoin exchange-traded funds (ETFs) on January 10, the path is now clear for spot Ethereum ETFs to be approved.
👉Details: https://coinmarketcap.com/academy/article/ethereum-spot-etfs-could-be-next-according-to-bloomberg-analyst
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Bank of England Governor Andrew Bailey: Bitcoin Is “Pretty Inefficient” as Payment Method: Bank of England (BOE) Governor Andrew Bailey has expressed skepticism about Bitcoin's potential as a payment method, citing its inefficiency.
👉Details: https://coinmarketcap.com/academy/article/bank-of-england-governor-andrew-bailey-bitcoin-is-pretty-inefficient-as-payment-method
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BREAKING: SEC Approves First-Ever Spot Bitcoin ETFs in the U.S: The U.S. Securities and Exchange Commission (SEC) has approved multiple Bitcoin spot exchange-traded funds (ETFs).
👉Details: https://coinmarketcap.com/academy/article/breaking-sec-approves-first-ever-spot-bitcoin-etfs-in-the-us
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What Happened in Crypto Today: Was SEC's ETF Tweet in Draft? Analyst Believes So!
🔹SEC’s Blunder 🎢
🔹Expected ETF Approval’s Impact 🤔
🔹It’s Time for AI Coins! 🤖
🔹Evmos Co-Founder’s Good Faith 👷♂️
🔹Singapore’s Making Moves 🇸🇬
👉Details: https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-was-secs-etf-tweet-in-draft-analyst-believes-so
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K33 Research: Bitcoin Spot ETF Approval “Less Likely” to be Sell the News Event: The U.S. Securities and Exchange Commission's (SEC) anticipated verdicts on Bitcoin spot exchange-traded fund (ETF) applications are now less likely to trigger a sell-the-news event.
👉Details: https://coinmarketcap.com/academy/article/k33-research-bitcoin-spot-etf-approval-less-likely-to-be-sell-the-news-event
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Gensler Claims SEC X Account “Compromised” After “Unauthorized” Tweet Announcing Bitcoin Spot ETF Approval: The U.S. Securities and Exchange Commission (SEC) has denied that its staff was involved in posting an "unauthorized" tweet.
👉Details: https://coinmarketcap.com/academy/article/gensler-claims-sec-x-account-compromised-after-unauthorized-tweet-announcing-bitcoin-spot-etf-approval
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Bitcoin Miner CleanSpark Announces Strategic Agreement for 160K Miners: United States-based Bitcoin (BTC) miner CleanSpark Inc. has announced a strategic agreement.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-miner-cleanspark-announces-strategic-agreement-for-160k-miners
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South Korean Crypto Exchange Upbit Receives Payment License From Monetary Authority of Singapore (MAS): South Korean cryptocurrency exchange Upbit has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
👉Details: https://coinmarketcap.com/academy/article/south-korean-crypto-exchange-upbit-receives-payment-license-from-monetary-authority-of-singapore-mas
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Argentina Sees First Bitcoin Rental Agreement: Bitcoin is being used for the first time to pay rent in Argentina as part of a lease in the city of Rosario.
👉Details: https://coinmarketcap.com/academy/article/argentina-sees-first-bitcoin-rental-agreement
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Hong Kong’s Virtual Asset Consortium Adds Solana, Drops XRP in Top 5 Index: The Hong Kong Virtual Asset Consortium (HKVAC) has made some notable changes to its crypto indexes.
👉Details: https://coinmarketcap.com/academy/article/hong-kongs-virtual-asset-consortium-adds-solana-drops-xrp-in-top-5-index
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🗞 CryptoNews of the Day 🗞
CoinShares Acquires Valkyrie Funds After Valkyrie's Spot Bitcoin ETF Received Approval: Investment firm CoinShares has announced that it will exercise its option to acquire Valkyrie Funds, an investment advisory business focused on spot Bitcoin ETFs.
👉Details: https://coinmarketcap.com/academy/article/coinshares-acquires-valkyrie-funds-after-valkyries-spot-bitcoin-etf-received-approval
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South Korea Will Not Consider Lifting Crypto ETF Ban Despite U.S. Approval: South Korea's top financial regulator, the Financial Services Commission (FSC), has reiterated its stance against allowing financial institutions to launch cryptocurrency.
👉Details: https://coinmarketcap.com/academy/article/south-korea-will-not-consider-lifting-crypto-etf-ban-despite-us-approval
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Bitcoin Price Could Reach $1.5 Million By 2030, Predicts ARK Invest CEO Cathie Wood: Cathie Wood, the CEO of ARK Invest, has reiterated her bullish Bitcoin price prediction of $1.5 million by the year 2030.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-could-reach-dollar15-million-by-2030-predicts-ark-invest-ceo-cathie-wood
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Spot Bitcoin ETFs Make Historic Debut, Trading Volume Tops $4.5B: A new era for cryptocurrency investing began yesterday as the first spot Bitcoin ETFs made their long-awaited debut on U.S. markets.
👉Details: https://coinmarketcap.com/academy/article/spot-bitcoin-etfs-make-historic-debut-trading-volume-tops-dollar45b
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Ripple Announces $285M in Shares Buyback: Crypto-payments firm Ripple Labs is planning to buy back $285 million worth of its shares from early investors, valuing the company at $11.3 billion, according to Reuters.
👉Details: https://coinmarketcap.com/academy/article/ripple-announces-dollar285m-in-shares-buyback
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Gary Gensler: SEC “Did Not Approve or Endorse Bitcoin” After Spot Bitcoin ETF Approval: United States Securities and Exchange Commission (SEC) Chair Gary Gensler has emphasized.
👉Details: https://coinmarketcap.com/academy/article/gary-gensler-sec-did-not-approve-or-endorse-bitcoin-after-spot-bitcoin-etf-approval
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Spot Bitcoin ETF Issuers Compete on Fees, Offering Discounts: Following the approval by the U.S. Securities and Exchange Commission's (SEC) on spot Bitcoin exchange-traded funds (ETFs).
👉Details: https://coinmarketcap.com/academy/article/spot-bitcoin-etf-issuers-compete-on-fees-offering-discounts
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BitGo Receives In-Principle Payment License Approval in Singapore: BitGo, a leading crypto custody provider, has obtained in-principle approval from the Monetary Authority of Singapore (MAS).
👉Details: https://coinmarketcap.com/academy/article/bitgo-receives-in-principle-payment-license-approval-in-singapore
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Departing Evmos Co-founder Returns $7.6 million EVMOS Tokens to the Foundation: Former Evmos co-founder Akash Koshla has returned 59 million tokens to the Evmos Foundation, a move that aims to realign token distribution with the project's current team and contributors.
👉Details: https://coinmarketcap.com/academy/article/departing-evmos-co-founder-returns-dollar76-million-evmos-tokens-to-the-foundation
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Binance Research: AI Tokens Outperformed Most Sectors in Last Quarter of 2023: Crypto tokens associated with artificial intelligence (AI) saw impressive gains in the three months leading up to January 2, 2024, according to a report from Binance Research.
👉Details: https://coinmarketcap.com/academy/article/binance-research-ai-tokens-outperformed-most-sectors-in-last-quarter-of-2023
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🗞 CryptoNews of the Day 🗞
Week in DeFi: Airdrops Usher in the New Year: More airdrops are announced from the likes of Manta Pacific and Dymension as we go into the second week of 2024 — find out more in our weekly DeFi roundup of the latest news and alpha!
👉Details: https://coinmarketcap.com/academy/article/week-in-defi-airdrops-usher-in-the-new-year
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Thailand’s Controversial Digital Money Handout Plan Hits Regulatory Snag, Concerns Over Source of Funding: Thailand's plan to distribute 10,000 baht ($286) to all citizens over 16 through digital wallets has encountered a potential roadblock.
👉Details: https://coinmarketcap.com/academy/article/thailands-controversial-digital-money-handout-plan-hits-regulatory-snag-concerns-over-source-of-funding
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🗞 CryptoNews of the Day 🗞
Potential spot Bitcoin ETF Issuers Set Proposed Fees, Grayscale Stands Out With 1.5% Fee: With the Securities and Exchange Commission (SEC) expected to decide on the approval of one or more U.S. spot Bitcoin exchange-traded funds (ETFs) in the coming days.
👉Details: https://coinmarketcap.com/academy/article/potential-spot-bitcoin-etf-issuers-set-proposed-fees-grayscale-stands-out-with-15percent-fee
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