Bitcoin rebounded Thursday above $44,000, as enduring optimism regarding the prospect of an imminent spot Bitcoin ETF approval from the Securities and Exchange Commission offset fears stirred yesterday by an ominous report published on the subject. At writing, BTC sits at $44,032, up 4.2% from yesterday’s lows. Digital asset manager Matrixport yesterday predicted that the SEC would likely reject all…
Month: January 2024
Privacy Coins Monero, Zcash, Horizen ‘At Risk’ of Delisting by Binance
Crypto exchange Binance has added a “monitoring tag” to a list of cryptocurrencies including privacy coins Monero (XMR), Zcash (ZEC), Horizen (ZEN) and Firo (FIRO). In an announcement, Binance said that tokens with the monitoring tag “exhibit notably higher volatility and risks compared to other listed tokens,” and are “at risk of no longer meeting our listing criteria” and being…
Bitcoin ETF: Is It Priced In?
With anticipation of an approved spot Bitcoin ETF reaching fever pitch levels in the opening days of 2024, frenzied discourse on the subject has now settled around one question: Is it already priced in? Some in crypto think the answer’s yes. It’s been over two months of non-stop gains for BTC, fueled almost entirely by excitement surrounding a Bitcoin ETF’s…
Fidelity Bitcoin ETF Set to Trade on CBOE—But No Word From SEC
It’s not an approval from the Securities and Exchange Commission, but the Fidelity Wise Origin Bitcoin Fund has gotten the nod to be listed on the CBOE exchange, according to a new SEC filing. That will of course depend on whether the SEC grants Fidelity permission to offer its spot Bitcoin ETF to investors. As it stands, the SEC still…
Losing 1500 BTC on Mt Gox and the Problem with Women in Web3
This week our host is joined by Brooke Lacey! They discuss: – Making and losing generational wealth – Trauma Bond – Women in Web3 – The Problem with WAGMI Source: https://decrypt.co/videos/interviews/EfNuNu8a/losing-1500-btc-on-mt-gox-and-the-problem-with-women-in-web3
Supreme Court Justice Ponders Impact of AI on Law
Chief Justice of the U.S. John Roberts cited the significant rise of artificial intelligence in 2023, warning in an end-of-the-year report that the technology could “dehumanize” the law. “Proponents of AI tout its potential to increase access to justice, particularly for litigants with limited resources,” he wrote. “AI obviously has great potential to dramatically increase access to key information for…
Before AI Puts Us Out of Work, AI Jobs Could Pay Well
In the midst of a booming tech revolution, AI-related jobs are not only becoming more plentiful, but are also offering significantly higher paychecks. A recent study from Bizreport indicates that AI roles are offering 77.53% higher salaries than other occupations, marking the start of a lucrative era for those equipped with AI skills. This surge in compensation—documented in “AI Influence…
Three Possible Scenarios for Bitcoin ETFs in 2024
A Bitcoin ETF could finally start trading in the U.S.—possibly as soon as next week—after 10 years of the U.S. Securities and Exchange Commission saying no to the investment vehicle. The long list of high-profile applicants have been fine tuning their S-1 filings and analysts at Bloomberg have said a launch now has a 90% chance of happening by January…
Gaming Tokens IMX, SAND and AXS Plunge Following Bitcoin Flash Crash
When Bitcoin falls, the rest of the cryptocurrency market often falls with it. In the past 24 hours, the largest cryptocurrency by market cap has fallen roughly 7% in what’s being called a “flash crash.” And it’s taken the crypto market on a bit of a ride, sending gaming-related tokens down anywhere from 5-15%. Immutable’s IMX token is down roughly…
Bitcoin Ordinals Upgrade Could Create a Centralized Fork, Creator Says
A planned update of the Bitcoin Ordinals protocol by the UniSat BRC-20 marketplace is unsafe and is effectively a fork of the BRC-20 protocol, asserted BRC-20 standard creator Domo on Tuesday, who said that the proposed plan could also lead to bugs and will give the company too much control. “Recognizing the serious implications and valuations involved,” the pseudonymous Bitcoin…