Anvesh Reddy
Crypto News LIVE: The Bitcoin (BTC) Price found strength around the $44,000 zone as all the 11 spot Bitcoin ETF applicants updated their 19b-4 amendments in latest filings with the U.S. Securities and Exchange Commission (SEC). In the week starting January 8, 2024, a vote on the approval of Bitcoin ETFs could be held by the SEC commissioners.
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10:53:09 AM IST, 6 January 2024
Crypto News LIVE: BlackRock Gears Up For Bitcoin ETF Launch, Readies Funds Worth $2 Billion
While the US securities watchdog has yet to approve spot Bitcoin ETFs, investment management firm BlackRock has already begun preparations. The firm reportedly has $2 billion in funds lined up from existing Bitcoin holders who’d like to rotate the capital into its Bitcoin ETF when approved.
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09:58:18 AM IST, 6 January 2024
Crypto News LIVE: DCG Pays Back $700 Million Genesis Debt
Digital Currency Group (DCG) has repaid due amount of over $1 billion to creditors, including short-term debt of about $700 million taken from Genesis, its bankrupt subsidiary. The announcement comes months after Genesis sued DCG in a bid to recover outstanding loans. Court documents showed DCG owed more than $1.7 billion to creditors as of September 2023.
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09:05:36 AM IST, 6 January 2024
Crypto News LIVE: Spot Bitcoin ETF Approval May Be Coming Next Week
With spot Bitcoin exchange-traded funds (ETF) hopefuls rushing to file 19-4b amendments with the US securities regulator, Bloomberg Intelligence analyst Eric Balchunas said the SEC could approve the first wave of Bitcoin ETFs next week and allow them to start trading as soon as Jan 11.
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08:50:38 AM IST, 6 January 2024
Crypto News LIVE: BTC Whale Transfers
While the Bitcoin (BTC) Price stabilized around the $44,000 mark, 1,373 BTC was transferred from crypto exchange Coinbase to an unknown wallet Whale Alert reported.
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08:31:36 AM IST, 6 January 2024
Crypto News LIVE: Blockchain Basics Act
Phil Christofanelli, a member of the House of Representatives of Missouri, United States, proposed the Blockchain Basics Act, which covers a set of cryptocurrency rights ranging from the right to custody of crypto assets and crypto mining.
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08:22:08 AM IST, 6 January 2024
Crypto News LIVE: Better Markets Calls For Bitcoin ETF Rejection
Going against the wave of sentiment among crypto traders and investors, Dennis Kelleher, the chief executive officer of Better Markets, wrote to the US SEC asking for rejection of the spot Bitcoin ETF applications. The SEC should not take into consideration the Grayscale lawsuit judgment, it said.
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07:53:25 AM IST, 6 January 2024
Crypto News LIVE: Van Eck To Donate 5% Of Bitcoin ETF Profits
Van Eck had pledged to donate 5% of its profits from Bitcoin ETF operations to Bitcoin Core developers for at least 10 years. A decision on the spot Bitcoin ETF approval in the United States is expected between January 8-10, 2024.
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07:51:00 AM IST, 6 January 2024
Crypto News LIVE: Coinbase Plans To Expand In EU
Crypto exchange Coinbase revealed plans to obtain the Markets in Financial Instruments Directive (MiFID) licensed entity in Cyprus, in a move to expand its derivatives offerings in the European Union.
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