Spot Bitcoin ETF could result in ‘millions of unbacked BTC,’ analyst says
    28 Dec 2023

    Potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States will trigger fundamental problems related to the original vision of Bitcoin by the anonymous creator Satoshi Nakamoto, according to one analyst. The concept of a spot Bitcoin ETF — an investment product that tracks the price of BTC by holding Bitcoin — conflicts with the idea…

    These 3 Bitcoin metrics say a fresh BTC price move is ‘imminent’
    28 Dec 2023

    Bitcoin is showing classic signs that fresh BTC price gains are near, one longtime market participant says. In a post on X (formerly Twitter) on Dec. 27, trader and popular social media commentator Matthew Hyland predicted “imminent” bullish moves. Trader on BTC price: “Seems like a move is imminent” Bitcoin may have flagged over Christmas, dipping to lows of…

    Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’
    28 Dec 2023

    Ethereum co-founder Vitalik Buterin has proposed a way to reduce the load on the Ethereum blockchain and make its proof-of-stake (PoS) consensus “considerably simpler and lighter.” On Dec. 28, Vitalik Buterin proposed a method of reducing the number of signatures that validators are required to make to keep the network running, thus reducing load. Ethereum currently supports…