Spot Bitcoin ETF Craze Spurs Blockchain Games
The surge in the value of numerous cryptocurrencies rekindled investor confidence in the Web3 gaming sector and incited a new surge of on-chain activity associated with the industry. The anticipation of a potential spot Bitcoin exchange traded fund (ETF), according to Yat Siu, founder of Animoca Brands, has not only pushed up the price of […]
ApeFest Event Attendees Report ‘extreme pain’ and Visual Issues
Many attendees who reported eye problems were those who were “up close” to the lighting display on the main stage of the event, according to one attendee . The attendees of an ApeFest event hosted by Yuga Labs in Hong Kong on November 4 have reported experiencing burns, impaired vision, and “extreme pain” in their […]
FCA: Crypto Firms Have Violated UK Promo Rules 221 Times
Many of the FCA-warned firms appear to be dubious high-yield return schemes, but warnings have also been issued to legitimate businesses. Since their implementation in early October, crypto-promoting businesses have violated the United Kingdom’s new crypto marketing rules at least 221 times, according to the country’s financial regulator. In a statement released on October 25, […]
Coinbase Challenges SEC’s Crypto Authority
According to Coinbase, the SEC’s definition of an investment contract violates U.S. securities regulations. The U.S. Securities and Exchange Commission exceeded its authority when it classified cryptocurrencies listed on Coinbase as securities, the exchange argued in its final attempt to dismiss a lawsuit filed by the securities regulator. In an October 24 filing with the […]
Galaxy Predicts 74% Bitcoin Price Growth After ETF Debut
At this point, a 74% increase brings Bitcoin to well over $59,000, which does not include “second-order effects,” according to Galaxy Digital. According to Galaxy Digital, the price of Bitcoin will increase by 74.1% in the first year following the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States. Charles Yu, a research associate […]