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SEC Delays Decisions on Spot Ethereum ETFs Proposed by Blackrock and Grayscale

SEC Delays Spot Ethereum ETF Applications The U.S. Securities and Exchange Commission (SEC) has announced the delay of two applications for spot ethereum exchange-traded funds (ETFs). This comes after the recent approval of 11 spot bitcoin ETFs, leading investors to closely monitor the SEC for potential decisions on spot Ethereum ETF proposals. SEC Delays Blackrock's […]

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Arkham Reveals Onchain Addresses Linked to 4 Major Bitcoin ETFs, Boosting Market Transparency

On January 23, Arkham, a firm specialized in onchain intelligence, made an announcement regarding the discovery of four sets of connected addresses linked to four new spot bitcoin exchange-traded funds (ETFs). These groups of addresses are reportedly associated with fund managers including Blackrock, Fidelity, Bitwise, and Franklin Templeton. 4 ETFs Identified Onchain In a recent

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SEC Falls Victim to SIM Swap Attack: Hacker Takes Control of SEC’s X Account

The U.S. Securities and Exchange Commission (SEC) has recently revealed that its X account was compromised in a SIM swap attack. This attack involved the unauthorized party gaining control of the SEC's cell phone number associated with the account, leading to a fake announcement being posted about the approval of spot bitcoin exchange-traded funds (ETFs).

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Trezor Alerts Users to Phishing Risk After Security Breach

Trezor Discovers Breach in Support Ticketing System In a recent security alert, Trezor, the company behind the popular cryptocurrency hardware wallet, announced that it had identified unauthorized access to its third-party support ticketing portal. This breach potentially compromised the personal contact information of over 66,000 customers. The incident has raised concerns about the risk of

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JPMorgan Warns of Incoming Bitcoin Selloff With Anticipated $3 Billion Grayscale Outflow

JPMorgan Analyst Predicts Bitcoin Price Decline Global investment bank JPMorgan has issued a warning about an upcoming selloff in Bitcoin, citing an anticipated outflow of $3 billion from Grayscale's Bitcoin fund. The bank's analyst, Nikolaos Panigirtzoglou, believes that this outflow will put further pressure on Bitcoin prices in the coming weeks. He also explained that

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RBI Governor Warns of Significant Risks Associated with Cryptocurrencies

Introduction The head of India's central bank, the Reserve Bank of India (RBI), has raised concerns about the potential dangers of cryptocurrencies, particularly for emerging market economies. During his speech at the World Economic Forum in Davos, RBI Governor Shaktikanta Das emphasized the risks associated with these digital assets. RBI Governor's Crypto Warnings Shaktikanta Das,

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The European Union Introduces New Rules for Crypto Asset Service Providers

Introduction The European Union Council and Parliament have reached a provisional agreement to introduce new regulations for crypto asset service providers (CASPs). These regulations will require CASPs to conduct due diligence on their customers and verify information on users whose transactions exceed $1,090 or €1000. The aim is to prevent fraud, organized crime, and terrorist

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Bitcoin Technical Analysis: BTC Balances Above $42,000 Amidst Downtrend Signals

Bitcoin Consolidates in the Short Term Bitcoin's 1-hour chart presents a scene of consolidation, with BTC's price movements showing less directionality compared to longer timeframes. Notably, there was a sharp decline to approximately $42,056, possibly indicating a purge of stop-loss orders or a brief panic sell-off following the spot bitcoin exchange-traded fund (ETF) approvals. However,

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SEC Chair on Spot Bitcoin ETF Approval and Centralization

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler Sees Irony in Spot Bitcoin ETF Approval The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, discussed the irony of spot bitcoin exchange-traded funds (ETFs) in an interview with CNBC on Friday. The securities regulator approved 11 spot bitcoin ETFs last week. Centralization

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