US SEC will be asking the Judge to impose a hefty fine of $2 billion ..read more

The altcoin market has witnessed significant growth in the last 24 hours. ETC and ENS have seen their values rise by double digits. The cryptocurrency market is experiencing a significant surge following the landmark approval of spot Bitcoin ETFs. This long-awaited decision has led to a widespread rally in the values of several assets. [caption id="attachment_363352" width="2282"] Source: Coin360[/caption] Ethereum-linked tokens Ethereum Classic [ETC] and Ethereum Name Service [ENS] have led the charge in this rally, rising to their highest price levels in over 12 months. ETC has seen i ..read more

Grayscale has filed for Bitcoin covered call ETF with the SEC today The filing comes on the day its spot Bitcoin ETF began trading with the highest trading volume amongst the 11 approved ETFs Digital currency asset management firm - Grayscale - seems to have decided to up its game in the Bitcoin Exchange Traded Fund (ETF) sector. The company has filed for a Bitcoin (BTC) covered call ETF with the United States Securities and Exchanges Commission (SEC). The move comes hours after reports of potential filing emerged. A covered call ETF deploys a covered call writing strategy. This means that i ..read more

CME takes 37% of Bitcoin Open Interest volume. Bitcoin is yet to embark on a strong bull run in the wake of spot ETF approval. As the approval for the spot Bitcoin ETF was gaining traction, so was its Open Interest, with CME recently taking the lead. What is the percentage of CME's dominance, and what implications does this rising Open Interest have for BTC? CME dominates Bitcoin Open Interest As per a recent update from Glassnode, CME has surpassed all other exchanges in Bitcoin Open Interest volume. The post revealed that CME's Open Interest reached a record-high dominance of 36%. Accordin ..read more

A spot XRP ETF could appear in the next few months. XRP was overbought but shorts risk liquidation still. Like many altcoins, the price of Ripple [XRP] went in the upward direction after the SEC approved the spot Bitcoin [BTC] ETFs. On the 11th of January XRP crossed $0.60. This was the first time XRP surpassed the zone since the 3rd of January. However, AMBCrypto found out that XRP's run seemed to be much more than the influence of other altcoins. This was because of the information Eleanor Terrett shared on the 9th of January. According to Terrett, who is a journalist at FoxBusiness, an XR ..read more

Ethereum surged by 5% amid Bitcoin ETF excitement. Vitalik Buterin proposed a gas limit increase for Ethereum's network efficiency. The cryptocurrency market experienced a surge in excitement as the Bitcoin spot ETF approval resonated across various assets. Following this, Ethereum [ETH] recorded a 5% price growth within the last 24 hours, fueled by the positive sentiment in the market. However, what are the chances of  an Ethereum ETF getting approved? ETF saga continues Anticipation is building around the looming deadline for Ethereum's ETF decision, set for 23rd May with VanEck ..read more

The cryptocurrency landscape is continually evolving, and in this ever-changing arena, Pandoshi, a new token, is making waves as the one to watch in 2024. Emerging from the innovative Pandoshi ecosystem, this token stands out with its unique approach, blending technological advancement with a community-centric ethos. PAMBO, the native token of Pandoshi, anchors a comprehensive ecosystem, including a Layer-2 network, a decentralized exchange, and an array of other services, setting the stage for exponential growth. With its eco-friendly Proof of Stake protocol and a strategic focus on decentral ..read more

USDC issuer - Circle has confidentially filed for an initial public offering This is the second attempt of the stablecoin issuer to go public, with the first one falling through in 2022 The year seems to have kicked off with a bang for the cryptocurrency market. A day after the United States Securities and Exchanges Commission approved spot Bitcoin ETFs, a major stablecoin issuer - Circle has filed for an IPO. According to Reuters, Circle has confirmed that it has confidently filed for an IPO, in line with its plan to become a publicly traded company. Notably, the company has been planning o ..read more

Bitcoin's volume increased above $50 billion one day after the approval, indicating rising interest in trading the coin. Most predictions were in the six-figure range, suggesting the BTC is ready for a new ATH. Technical indicators showed that BTC might reach $64,307 in a few months while on-chain metrics remain bullish. Bitcoin's [BTC] price tapped $47,467 as the 10th of January, 2024 became a historic day for the cryptocurrency, thanks to the U.S. SEC's approval of all 11 spot ETFs. As you probably know, there has been a lot of hype leading to the final resolution. Before the decision, man ..read more

A lucky Sportsbet.io player has won the largest slots jackpots in history, turning a single $50 spin into an incredible $42 million prize.  Record Win  The player was placing bets in USDT cryptocurrency on Alchemy Gaming’s Wheel of Wishes slot on Sportsbet.io when the 42,100,000 USDT jackpot dropped on December 20. The huge prize was one of Games Global’s WowPot!™ progressive jackpots, which begin at 2 million euros but regularly grow to be much larger, with a small part of each bet made on the game added to the pool. Sportsbet.io is respecting the winner’s decision to remain anonymo ..read more