Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval
Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform. Advertisers looking to promote crypto trusts must, however, undergo Google certification. Google’s policy update aligns with a broader industry trend and Bitcoin’s 74% surge in…
Justin Sun’s HTX crypto exchange sees $258M outflow post-hack
HTX experiences outflow post-hack. The outflow occurred between November 25 and December 10. HTX clients are disquieted after the November security incident. The HTX exchange, formerly known as Huobi and affiliated with Chinese crypto mogul Justin Sun, has seen a…
Canadians have serious trust issues when it comes to a central bank digital currency
The Bank of Canada recently published findings from its public consultation report on a central bank digital currency, known as CBDCs. The findings reveal that financial privacy is top of mind for Canadians, yet those same Canadians do not trust…
Elizabeth Warren’s Crypto Money Laundering Push Gains Momentum As Senate Support Grows
Senator Elizabeth Warren (D-Mass.) on Monday announced additional support from her colleagues for the bipartisan Digital Asset Anti-Money Laundering Act. This bill aims to address the growing concerns around the use of cryptocurrencies in money laundering, drug trafficking, and other…
SEC May Be Hinting About A Bitcoin ETF: Here Are Clues And Warnings We’re Following
The U.S. Securities and Exchange Commission (SEC) issued a stark warning to investors, emphasizing the need for caution when considering investments involving crypto asset securities. What Happened: The SEC’s Office of Investor Education and Advocacy retweeted an investor alert from…
Is Bitcoin Headed Over The $50K Mark? A Look At The Apex Crypto, Ethereum And Dogecoin Into The Weekend
Bitcoin (CRYPTO: BTC) was trading slightly higher during Friday’s 24-hour trading session, ahead of the U.S. Securities and Exchange Commission’s expected approval of the first spot Bitcoin ETFs at the start of the new year. Ethereum (CRYPTO: ETH) was holding…
US employment growth exceeds 199,000 in November, Bitcoin plummets | CoinDesk JAPAN
The US employment statistics for November, released on the 8th, recorded an increase of 199,000 jobs, which was higher than expected. The unemployment rate was also better than expected, falling to 3.7%. Economists expected job growth to be 180,000, higher…
Coinbase to offer futures such as L2 virtual currency stocks
Added 3 new derivatives Coinbase, a major US cryptocurrency exchange, has announced plans to newly offer perpetual futures trading for Optimism (OP), Arbitrum (ARB), and Ethereum Classic (ETC). It will be available from 10:00 on December 13th (UTC). @CoinbaseIntExch will…
U.S. Congress rejects virtual currency-related provisions in National Defense Authorization Act
Excludes virtual currency related clauses On the 6th, the U.S. Congress announced the National Defense Authorization Act (NDAA), which sets the framework for the defense budget for fiscal year 2024 (October 2023 to September 2024). The bill did not include…
Cathie Wood Rides Bitcoin Rally And Dumps More Of GBTC, Taking Week’s Selling To $13M
Cathie Wood-owned Ark Invest on Friday sold more of Grayscale Bitcoin Trust (OTC:GBTC) shares on Friday, a daily trade disclosure form the firm showed. What Happened: Ark, through its ARK Next Generation Internet ETF (NASDAQ:ARKW), sold 102,672 shares off GBTC…