Crypto-news

The marketing around the recelty approved spot Bitcoin exchange-traded funds will lead to more capital flowing directly into Bitcoin than that flowing into the ETFs, according to Swan Bitcoin CEO Cory Klippsten. He calls this phenomenon “The ETF multiplier effect.” “Because of the existence of the ETFs and the credibility of these large financial firms…

Crypto enthusiasts in China are more willing to invest heavily in cryptocurrency than their counterparts in Vietnam, South Korea, Taiwan and Thailand. This is according to a December 2023 report by Vietnamese venture capital firm Kyros Ventures, with the assistance of 10 media agencies from China, Thailand, Korea, Taiwan and Vietnam. In the 5,268-participant survey, more than…

Bitcoin Drivechain proponent Paul Sztorc believes the growing mainstream acceptance of BTC will drive a need for greater scalability and functionality of its infrastructure. In a wide-ranging interview with Cointelegraph, Sztorc touched on the advantages and drawbacks of the high-profile approval of Bitcoin exchange-traded funds (ETF) in the United States and the long-term implications of institutional…

The community-driven blockchain ecosystem, BNB Chain, has shared that its plans for 2024 involve optimizing performance, introducing “opBNB Connect” for scalability and targeting specific decentralized applications (DApps) for mass adoption, such as decentralized finance (DeFi), gaming, artificial intelligence (AI) and increasing active validators. The community plans to evolve its Optimism OP Stack-based layer-2 scaling solution, opBNB, to opBNB…

Regardless of any short-term pullback, Bitcoin will spend this year further cementing its reputation as digital gold. Indeed, just as it did in March 2023 during a narrowly avoided banking crisis, BTC will likely hold up in ways many traditional assets — perhaps even gold — fail to. It is true that the grand institutional…

A United States Securities and Exchange Commission rule forbidding defendants from criticizing the agency’s claims when settling enforcement actions “undermines regulatory integrity” and free speech, says one of its commissioners. In a Jan. 30 statement, SEC commissioner Hester Peirce disagreed with her agency’s denial of a petition to amend its 1972 “gag rule” — which forbids defendants from…