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Crypto World News

🥇 Bitcoin Hashrate Hits New All-Time High Amid Spot ETF Frenzy

Bitcoin’s hash rate, that is the network’s computing power, recently reached a new all-time high amidst the frenzy that came with the debut of spot Bitcoin ETFs in the US. According to data from IntoTheBlock, the Bitcoin hashrate reached an all-time high of 630.91 million TH/s or 630 EH/s on January 11, less than 24 hours after the U.S. Securities and Exchange Commission approved 11 Spot Bitcoin ETFs in the country.

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🪙 SEC unlikely to approve spot Ethereum ETFs 'any time soon,' says TD Cowen

The U.S. Securities and Exchange Commission is not expected to approve spot Ethereum exchange-traded funds in the near future, according to the investment bank TD Cowen.

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🚨JUST IN: 🥇 Bitcoin Price to Hit $150K in Just One Year, Expected to Reach $500K in Five Years, Says Fundstrat’s Tom Lee.

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🇺🇸 SEC Chair Gary Gensler says Bitcoin 💰 is a "highly speculative, volatile asset" used for "money laundering and ransomware" 😱

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📊 💰 Ethereum just hits $2700

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💰 JPMorgan says spot bitcoin ETFs could see up to $36 billion of inflows in rotational capital

Spot bitcoin exchange-traded funds, which began trading in the U.S. today, are not anticipated to draw in a significant amount of fresh capital; instead, they may experience a shift of up to $36 billion in inflows from existing crypto instruments, according to JPMorgan.

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🇺🇸 Gary Gensler: 'While we approved the listing and trading of certain spot BitcoinETF shares today, we did not approve or endorse Bitcoin.'

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💰 Valkyrie executive 95% confident in Wednesday spot Bitcoin ETF approval

Valkyrie CIO and co-founder Steven McClurg expects approval on Jan. 10.

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🥇 Spot Bitcoin ETFs approval expected, start trading on Thursday: VanEck, Valkyrie execs

SEC's probing questions hint at a potential green light for VanEck and Valkyrie spot Bitcoin ETFs. —Link

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🤑 Bitcoin Fear and Greed Index is 76 ~ Extreme Greed
Current price: $46,962


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💰 Standard Chartered Predicts $50-100 Billion Inflows for Bitcoin ETFs in 2024 -Link

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💰 Spot Bitcoin ETF Hopefuls Lodge Amended S-1 Forms for Approval -Link

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💰 VanEck Adviser: Bitcoin ETFs Pioneer Solution to Overcoming Unit Bias in Crypto Investments! -Link

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💰 BlackRock Allocates $2 Billion for Launch of Spot Bitcoin ETF! -Link

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💰 Bitcoin ETF approval would be a ‘historic mistake,’ says Better Markets CEO -Link

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🇺🇸 US Lawmaker Expects Donald Trump to Become 'a Lot More' Crypto Friendly in Second Term as President

U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House.

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Grayscale Moves 21.4K Bitcoin Worth Over $900 Mln Amid Spot Bitcoin ETF Hype https://coingape.com/grayscale-moves-21-4k-bitcoin-worth-over-900-mln-amid-spot-bitcoin-etf-hype/?utm_source=Telegram&utm_medium=Adam

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🥇 Cathie Wood: Only 3-4 Bitcoin ETFs to Survive Long-Term

Cathie Wood of Ark Invest forecasts a significant reduction in the number of Bitcoin ETFs, predicting only 3-4 will survive long-term.

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Crypto World News

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JUST IN: BlackRock CEO Larry Fink says Bitcoin is "no different" than gold and an asset that protects you.

🤝 @Cryptocurrency_Inside

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💰 Elon Musk Says Open To The Idea Of Using Bitcoin -Source

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JUST IN: 💰 Cboe files request for acceleration with the SEC for Fidelity, VanEck, ARK 21Shares, and Franklin Templeton spot Bitcoin ETFs

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The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.

🤝 @Cryptocurrency_Inside

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💰 Standard Chartered makes bold predictions for market after Bitcoin ETF approval

Standard Chartered anticipates a substantial influx of $50 to $100 billion into Bitcoin after approving spot ETFs, with industry experts speculating a decision by this week

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Crypto World News

💵 Crypto firms paid $5.8b in fines in 2023, more than entire traditional finance system

According to data, crypto firms paid nearly $6 billion in fines in 2023 for shortcomings in customer checks and anti-money laundering controls violations

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💰 VanEck seeds potential spot bitcoin ETF with $72.5 million, while Bitwise lines up $200 million of interest.

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🇺🇸 SEC Urges Caution Amidst FOMO Hype Before Bitcoin ETF Decision -Link

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💰 VanEck's Bold Move: 5% of Bitcoin ETF Returns Dedicated to Nurturing Bitcoin Core Development! -Link

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