🇭🇰 Hong Kong authorities investigating Worldcoin over data privacy concerns
The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has initiated an investigation into Worldcoin over data privacy concerns related to its collection of biometric data, according to a Jan. 31 press release. The PCPD said it executed court warrants to enter six Worldcoin premises on Jan. 31 in Yau Ma Tei, Kwun Tong, Wan Chai, Cyperport, Central, and Causeway Bay.
Source
@TradeCryptoNow
💰 Grayscale crypto holdings up $1.2 billion since last week as Bitcoin surges
Bitcoin outflows from the Grayscale Bitcoin ETF, Bitcoin’s recent surge from $39,900 to over $43,500 has seen the value of Grayscale’s crypto holdings grow by $1.25 billion since the end of last week. While roughly 18,000 BTC has left the fund since Friday, as per Arkham Intelligence data, the price increases across the board offset this. Grayscale’s Bitcoin holdings are up $968 million, while its Ethereum holdings are up $298 million.
Source
@TradeCryptoNow
🇭🇰 Harvest Fund Management Hong Kong submits an application for a spot 💰 Bitcoin ETF, according to Tencent News
@TradeCryptoNow
💰 BTC has potential to rise this much once Bitcoin ETF’s real impact is realized
Bitcoin (BTC) continues to extend its gains in the short term, recently clearing the $42,000 resistance. This comes as Bitcoin attempts to put behind recent sell-offs that emerged following the spot exchange-traded fund (ETF) approval. In particular, crypto trading expert Michaël Poppe, in a post on X (formerly Twitter) on January 27, focused on the longer-term impact of Bitcoin ETFs, anticipating a significant influence in the next few years. According to Poppe, widespread adoption could propel Bitcoin to reach a high of $500,000.
Source
@TradeCryptoNow
💰 ⛏ 11 out of the 13 biggest publicly traded Bitcoin
mining companies will not be profitable after the upcoming halving❗️
@TradeCryptoNow
Dive into the latest in Bitcoin and crypto with Bitcoin Insights!
🤑 Don't miss out on crucial updates and expert opinions.
🥇Join us now and be part of our crypto community:
➡️/channel/Bitcoin_Insights
Explore smart chats with our Telegram ChatGPT DALL-E Bot! 🤖 Get instant Bing info, create AI images, and more. Start now: /channel/ChatGPT5_DALLE_Bot?start=ref-0449 🚀
(It’s ChatGPT4 for free instead for 20$ directly in your Telegram messenger)
💰 Tesla's bitcoin holdings remained unchanged in Q4, earnings report suggests
Tesla Inc., the electric vehicle maker led by Elon Musk, did not sell or buy bitcoin during the fourth quarter of last year, according to its latest quarterly report. Tesla Inc. did not report any activity regarding bitcoin in its fourth-quarter report, suggesting that the company retained its holding of 9,720 bitcoin. The absence of any mention of the largest cryptocurrency by market capitalization implies that Tesla did not engage in converting its bitcoin into fiat currency.
Source
@TradeCryptoNow
🇺🇸 SEC maintains pressure for Ripple’s financial records in legal dispute
The U.S. Securities and Exchange Commission (SEC) said in a Jan. 23 court filing that its demands for Ripple’s audited financial statements for the last two years were “procedurally proper” and “relevant. ” The crypto company further argued that both parties had previously agreed that post-compliant discoveries were unnecessary, and reevaluating this requirement might unnecessarily prolong the proceedings.
Source
@TradeCryptoNow
NEW: Strike CEO tells Yahoo Finance "Jamie Dimon was Jeffery Epstein's banker" after JP Morgan CEO bashes 💰Bitcoin 👀
🤝 @Cryptocurrency_Inside ✅
📉Bloodbath Continues as Altcoins Keep Plunging and BTC Dumps to 7-Week Low
The total crypto market cap has lost approximately $100 billion in the past two days alone. The adverse price movements in the cryptocurrency market continue, with BTC dropping below the coveted $40,000 mark for the first time in nearly two months. The altcoins have suffered even more, with major losses from the likes of SOL, AVAX, DOGE, DOT, LINK, and others.
Source
@TradeCryptoNow
🪙 Ether supply could be affected by Ethereum's Dencun upgrade, analyst says
The supply of ether could be impacted by the Ethereum network's upcoming Dencun upgrade, according to CoinShares Ethereum research associate Luke Nolan. The Dencun upgrade will enable Layer 2 transactions to be sent to the Ethereum network through blobspace, an alternative to the current transactional calldata mechanism. This could result in reduced gas usage and, consequently, a lower amount of ether being burned.
Source
@TradeCryptoNow
Place your Advertising now in the @TradeCryptoNow channel.
➖ Over 100.000 subscribers
➖ Over 180.000 Views daily
Admin: @TradeAdmin
📣 CFTC Files Civil Enforcement Action Against Bogus Crypto Exchange Debiex
The U.S. commodities regulator revealed on Jan. 19 that it had filed a civil enforcement action against a bogus digital asset exchange platform. According to the Commission, Debiex customers were not aware that the entire set-up was a clever scam designed to dupe prospective investors.
Source
@TradeCryptoNow
💰 FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
FTX, the bankrupt cryptocurrency exchange that was run by Sam Bankman-Fried, said it expects to fully repay its customers, according to a court hearing. The defunct exchange has also abandoned its efforts to re-start the platform due to a lack of buyers, Reuters reported, citing lawyers. The native token of the exchange, FTT, surged more than 11% on Wednesday in the aftermath of the news.
Source
@TradeCryptoNow
🪙 SEC likely to approve spot Ethereum ETFs on May 23: Standard Chartered Bank
The Securities and Exchange Commission is expected to follow the strategy employed in approving spot bitcoin exchange-traded funds for spot Ethereum ETFs, starting with rejections and ultimately granting approval on the initial final deadline on May 23, according to Standard Chartered Bank.
Source
@TradeCryptoNow
💰 Charles Schwab Corporation, a financial giant with assets totaling $8.5 trillion, has adopted a seemingly cautious approach towards digital assets, prompting analysts to speculate on potential missed opportunities in a rapidly evolving market.
The company’s decision not to launch its own proprietary spot Bitcoin Exchange-Traded Funds (ETFs) despite the recent Bitcoin ETF approval by the Securities and Exchange Commission (SEC), has raised eyebrows in the financial community.
Source
@TradeCryptoNow
🇪🇺 73% of European Residents Are Confident in Crypto’s Future: Survey
The results revealed a trend of optimism, exclusive engagement with crypto assets, surging adoption, growing trust, and increasing utility. A vast majority of European residents have expressed optimism and confidence about the future of the cryptocurrency sector. According to a Binance Survey targeting users in France, Italy, Spain, and Sweden, around 73% of respondents are positive about the future of digital assets.
Source
@TradeCryptoNow
💰 Bitcoin's Fourth Halving May Unleash the 'Mother of All Reorgs,' Ordiscan Founder Predicts
In the wake of a noteworthy 11-day period during which U.S.-centered spot bitcoin exchange-traded funds (ETFs) amassed a trading volume totaling $25.36 billion, discussions have emerged about the potential involvement of Charles Schwab, the American multinational financial services corporation. Eric Balchunas, Bloomberg’s lead ETF analyst, advises, “don’t sleep on Schwab, they’re never first to market in anything but they make back impact when they come in.”
Source
@TradeCryptoNow
💰 Bitcoin Reserves Held by Miners Witness Notable Decline Ahead of Halving: CryptoQuant
A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With approximately just 82 days left, Bitcoin miners appear to be selling their reserves, according to the latest analysis by CryptoQuant.
Source
@TradeCryptoNow
💰 ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
ARK Invest continued to offload shares of ProShares Bitcoin Trust ETF (BITO) in the last week while accumulating its own spot bitcoin exchange-traded fund. Cathie Wood's investment firm sold a total of 2,226,191 shares of the bitcoin futures ETF since Jan. 19, worth around $42.8 million at Thursday's closing price of $19.22, from its Next Generation Internet ETF (ARKW). Meanwhile, it has bought 1,563,619 shares in the ARK 21 Shares Bitcoin ETF (ARKB), worth approximately $62.3 million.
Source
@TradeCryptoNow
🪙 SEC delays decision on Grayscale's proposal for spot Ethereum ETF again
The Securities and Exchange Commission has again delayed its decision timeline on a proposal from Grayscale Investments for a spot Ethereum ETF, with a Thursday order to institute proceedings and solicit fresh public comment. The SEC specifically asked whether Ethereum's proof of stake mechanism and "concentration of control or influence by a few individuals or entities" could bring up unique concerns to make the fund susceptible to fraud and manipulation.
Source
@TradeCryptoNow
💰 BlackRock and Fidelity lead billion-dollar spot Bitcoin ETF race
The SEC approved a handful of spot Bitcoin ETFs, but funds from two particular issuers are heads and shoulders above the lot while Grayscale’s GBTC bleeds outflows. They are the dominant issuers from a basket of 10 asset managers approved to list products by the U.S. Securities and Exchange Commission (SEC).
Source
@TradeCryptoNow
Ark Invest COO Hints At Developments In Spot Ethereum ETF Filing https://coingape.com/ark-invest-coo-hints-at-developments-in-spot-ethereum-etf-filing/?utm_source=Telegram&utm_medium=Richard
Читать полностью…💰 Bitcoin price falls below $39,000 as indicators suggest risk of a deeper correction, according to Bitfinex 📉
The bitcoin price has fallen below the $39,000 mark, leading to an increased risk of a further price correction from the short-term holder cohort, Bitfinex analysts said. "The tendency of short-term holders to react more acutely to short-term market fluctuations means there is a possibility of a further substantial price correction, with critical support levels only at $38,000 and $36,000," they noted. This market shift could result in increased sell pressure from the short-term holder cohort, analysts added.
Source
@TradeCryptoNow
Explore smart chats with our Telegram ChatGPT DALL-E Bot! 🤖 Get instant Bing info, create AI images, and more. Start now: /channel/ChatGPT5_DALLE_Bot?start=ref-0449 🚀
(It’s ChatGPT4 for free instead for 20$ directly in your Telegram messenger)
🏦 Coinbase CLO Fires Back At US GAO’s Concerns On Crypto Evasion Of Sanctions
The Coinbase Chief Legal Officer (CLO), Paul Grewal, has vehemently countered a recent report by the U.S. Government Accountability Office (GAO). The report raised concerns about the use of cryptocurrencies to evade U.S. economic sanctions. The GAO report highlighted instances where foreign states facing U.S. sanctions used cryptocurrencies like Bitcoin (BTC) to circumvent the intended impact of economic restrictions.
Source
@TradeCryptoNow
🦊 MetaMask introduces Ethereum validator staking feature, powered by Consensys
MetaMask, the popular crypto wallet application, has partnered with Consensys Staking to run Ethereum validator nodes on behalf of users willing to stake at least 32 eth, a current value of about $80,000. Following its transition from a proof-of-work network to a proof-of-stake network in the September 2022 known as ‘The Merge,’ Ethereum’s network is now secured by such validators. Many
Source
@TradeCryptoNow
💰 GBTC's Mixed Fortune: 54% Market Share in ETF Trade Volume Accompanied by $2 Billion BTC Exodus
U.S. market, nine newly launched spot bitcoin exchange-traded funds (ETFs), along with the recently revamped GBTC, collectively saw a trading volume of $16.53 billion. GBTC, commanding the majority of this trade volume, experienced a substantial reduction in its bitcoin holdings. In just the past 24 hours, the trust shed over 14,300 bitcoin, decreasing its total holdings to 566,973 bitcoin.
Source
@TradeCryptoNow