Bitcoin bull market FOMO absent as BTC price nears key $39K profit zone

Bitcoin (BTC) bull market “FOMO” has yet to appear despite BTC price being up 120% this year. Data from the statistics platform Look Into Bitcoin shows that on-chain transactions are only starting... Read more »

BitGo CEO expects further complications before a Bitcoin ETF can hit market

In a recent interview with Bloomberg TV, BitGo CEO Mike Belshe expressed a cautious outlook on the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. SEC. Belshe’s optimism regarding the... Read more »

Fidelity files for spot Ethereum ETF, trailing BlackRock’s lead by two days

Fidelity Investments has filed for a spot Ethereum exchange-traded fund (ETF), as seen in a filing with the Securities and Exchange Commission (SEC) on Nov. 17. Cboe BZX submitted a 19b-4 filing... Read more »

Bitcoin fees skyrocket on spot BTC ETF hype

The prospect of a spot Bitcoin (BTC) exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading to a surge in transaction fees. The... Read more »

South Korean crypto trading volumes soar with altcoins taking center stage

Daily trading volumes on South Korean exchanges have hit their highest point since August last year, with altcoins dominating the transactions, according to data from blockchain analytical firm Kaiko. Trading activities on... Read more »

Bitcoin traders’ BTC price dip targets now include $30.9K bottom

Bitcoin (BTC) circled $36,000 after the Nov. 16 Wall Street open as analysis hoped for a deeper BTC price comedown. BTC/USD 1-day chart. Source: TradingView Bitcoin traders map out likely bottoms Data... Read more »

Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps

DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different blockchain networks. Sushi’s deployment of its decentralized exchange (DEX)... Read more »

Three arrested in $10M bank fraud, crypto laundering scheme

The U.S. Attorney’s Office for the Southern District of New York and the FBI announced three arrests related to a $10 million scheme involving cryptocurrency on Nov. 16. The authorities said that... Read more »

No civil protection for crypto in China, $300K to list coins in Hong Kong? Asia Express – Cointelegraph Magazine

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hot week for Hong Kong exchanges  Hashkey Exchange — one of the first regulated crypto exchanges in Hong... Read more »

U.S. presidential hopeful Ramaswamy promises to rescind crypto regulations, reduce SEC powers if elected

Strive Asset Management co-founder and 2024 Republican U.S. presidential candidate Vivek Ramaswamy said he will dismantle most federal cryptocurrency regulations and significantly reduce the workforce of federal regulators like the SEC and... Read more »