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Weekly overview

Read more about the article Surge in ‘buy the dip’ mentions highlights traders’ bullish crypto outlook

Surge in ‘buy the dip’ mentions highlights traders’ bullish crypto outlook

  • Post author:admin
  • Post published:January 5, 2024
  • Post category:Weekly overview

“Buy the dip” mentions on social media soared as Bitcoin’s price dropped to nearly $40,000 on Jan. 3, with price action suggesting traders took their own advice. The amount of…

Continue ReadingSurge in ‘buy the dip’ mentions highlights traders’ bullish crypto outlook
Read more about the article SEC asks court to consider Terraform Labs ruling in Binance case

SEC asks court to consider Terraform Labs ruling in Binance case

  • Post author:admin
  • Post published:January 5, 2024
  • Post category:Weekly overview

The commission argued a summary judgment in its favor against Terra provided “further grounds” on which a judge could consider denying a motion to dismiss from Binance. The United States…

Continue ReadingSEC asks court to consider Terraform Labs ruling in Binance case
Read more about the article ARK Invest files for Bitcoin ETF registration alongside industry peers

ARK Invest files for Bitcoin ETF registration alongside industry peers

  • Post author:admin
  • Post published:January 5, 2024
  • Post category:Weekly overview

The SEC has until Jan. 10 to rule on the ARK 21Shares Bitcoin ETF application. The ARK 21Shares Bitcoin ETF, an exchange-traded fund proposed by ARK Investment Management’s Cathie Wood…

Continue ReadingARK Invest files for Bitcoin ETF registration alongside industry peers
Read more about the article Will Bitcoin price surpass $46K before a spot BTC ETF approval?

Will Bitcoin price surpass $46K before a spot BTC ETF approval?

  • Post author:admin
  • Post published:January 5, 2024
  • Post category:Weekly overview

Professional Bitcoin traders were unaffected by the recent 9.6% price correction, and derivatives data reflects a healthy market. The 9.6% intraday Bitcoin (BTC) price correction on Jan. 3 dropped the…

Continue ReadingWill Bitcoin price surpass $46K before a spot BTC ETF approval?
Read more about the article SEC has been ‘backed into a corner’ on BTC ETF approval — Bloomberg analyst

SEC has been ‘backed into a corner’ on BTC ETF approval — Bloomberg analyst

  • Post author:admin
  • Post published:January 5, 2024
  • Post category:Weekly overview

A go-ahead from the U.S. Securities and Exchange Commission could trigger $10 billion in inflows to Bitcoin ETFs in the first year, says Bloomberg’s James Seyffart. The United States Securities…

Continue ReadingSEC has been ‘backed into a corner’ on BTC ETF approval — Bloomberg analyst
Read more about the article Founder of Taiwanese crypto exchange arrested for fraud: Report

Founder of Taiwanese crypto exchange arrested for fraud: Report

  • Post author:admin
  • Post published:January 5, 2024
  • Post category:Weekly overview

The president of Ace Exchange said none of the firm’s employees had been arrested following Taiwanese police conducting raids as part of a fraud investigation. Authorities in Taiwan reportedly arrested…

Continue ReadingFounder of Taiwanese crypto exchange arrested for fraud: Report
Read more about the article Perplexity raises $73M Series B off reported $520M valuation for AI-powered search engine

Perplexity raises $73M Series B off reported $520M valuation for AI-powered search engine

  • Post author:admin
  • Post published:January 5, 2024
  • Post category:Weekly overview

The fundraising was led by IVP, whose portfolio also includes Coinbase and Robinhood, and joined by new investors Nvidia and Jeff Bezos. Artificial intelligence startup Perplexity announced a series of…

Continue ReadingPerplexity raises $73M Series B off reported $520M valuation for AI-powered search engine
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