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Will Bitcoin keep dropping because of the ETFs?

Bitcoin has been taking a beating since the Securities and Exchange Commission approved a slate of ETFs When will the carnage end?

Crypto Biz: Bitcoin ETFs debut, asset tokenization, Ripple’s buyback and more

The approval of Bitcoin ETFs can open the doors for further derivatives products and enhance BTC’s role in decentralized finance, but its long-term impact may go far beyond financial markets.

Bitcoin ETFs attract $1.4B in two trading sessions

Grayscale’s Bitcoin Trust (GBTC) experienced an outflow of $579 million in its first days of trading after redemption was opened under the U.S. SEC approval.

‘No evidence’ SEC X account hacker accessed other systems — Gensler

SEC Chair Gary Gensler said the agency is taking the cybersecurity incident seriously and is currently evaluating the impact of the breach on crypto investors and marketplaces.

Hedera network approves $408M of HBAR for ecosystem growth

The funds are part of Hedera’s goal to strengthen its base following its 2023 performance, with over 33 billion real-world transactions on the network.

Do Kwon requests to postpone SEC trial date, while in extradition custody

Terraform Labs co-founder Do Kwon urges the court to delay his trial date, as he aims to resolve extradition issues in Montenegro to ensure his presence at the United States court.

BlackRock CEO doubts Bitcoin will ever become a currency

BlackRock CEO Larry Fink suggests that Bitcoin may not become the go-to currency for everyday spending and asserts that he hasn't contemplated the potential price trajectory of Bitcoin.

Bitcoin price sells-off after ETF approval — Have investors turned bearish?

Bitcoin price dropped by nearly 7% just 2 days after the spot ETF approvals. Cointelegraph investigates why BTC price is correcting.

Venezuela’s unlucky petro coin to shut down Jan. 15 after six years: Report

The crypto, intended as a blow against U.S. sanctions, was never accepted at home or abroad and was crippled by scandal.

Wise Lending drained of $440K worth of crypto in apparent flash loan exploit

The attacker used an unverified contract to borrow 1,100 Lido Staked Ether, which may have been used to manipulate prices and drain funds from the protocol.

Price analysis 1/12: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT, MATIC

The Bitcoin ETFs generated strong volumes on Jan. 11, but that did not translate into higher prices in Bitcoin, indicating that the event was largely priced in.

Vanguard among MicroStrategy’s largest shareholders, indirectly exposed to Bitcoin

Vanguard Group Inc. had an 8.24% stake as of September 2023, making it the second-largest institutional shareholder in MicroStrategy.

US senators call for investigation of SEC over ‘compromised’ Bitcoin ETF tweet

Senators Ron Wyden and Cynthia Lummis questioned the SEC’s lack of multifactor authentication and phishing-resistant hardware tokens for its X account.

Singapore bill would expand control over crypto financial products

The Monetary Authority of Singapore would be able to give written directions on conducting unregistered business among several new powers.

Grayscale Bitcoin Trust ETF moves $41M in BTC to exchange during price crash — Arkham

Some X accounts theorized that the Bitcoin crash was caused by GBTC redemptions, but Arkham data shows only $41 million in outflows.

Solana MEV bot bags $1.7M, CFTC eyes DeFi risk mitigation: Finance Redefined

Web3 applications and protocols saw 124% growth in 2023, where an average of 4.2 million UAWs interacted with these apps daily, more than double the number of users in 2022.

Ethereum price soars as Bitcoin drops — Did ETH steal BTC’s thunder?

ETH price surges above $2,650, eclipsing investors’ expected impact of the spot Bitcoin ETF approval. But what’s behind Ethereum’s momentum?

The New York Times vs. OpenAI: What’s the worst that could happen?

The future of media, artificial intelligence and U.S. copyright law could all hang in the balance.

Grayscale court decision was key to Bitcoin ETF approval, says Gary Gensler

The SEC Chair said Grayscale’s court decision “changed” the commission’s approach to spot Bitcoin ETF trading on Wall Street.

Ether price jumps 20% vs. Bitcoin as BlackRock boosts Ethereum ETF bets

Ethereum ETF “value” is acknowledged by CEO Larry Fink as ETH’s price rises sharply in both U.S. dollar and BTC terms.

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