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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

Market Update August 15

Reading Time: < 1 minuteThe cryptocurrency market has experienced a slight dip in prices over the past 24 hours.

August 15, 2024August 15, 2024 Chris Smith Market updates

Spot Bitcoin ETFs Post $81M in Outflows

Reading Time: < 1 minute$81.36 million left US spot Bitcoin exchange-traded funds on Wednesday, ending their two-day streak of positive inflows.

August 15, 2024August 15, 2024 Chris Smith News

Market Update August 14

Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen some interesting price movements. Bitcoin has experienced a 3.41% increase in its price, reaching $60,945.54.

August 14, 2024August 14, 2024 Chris Smith Market updates

Hong Kong Court Orders Disclosure of Financial Details of Mantra Chain Operation

Reading Time: < 1 minuteThe Hong Kong High Court has recently mandated the release of financial information relating to the dispute between Mantra DAO, Inc. and RioDeFi Inc. and four former RioDeFi employees.

August 14, 2024August 14, 2024 Chris Smith News

Market Update August 13

Reading Time: < 1 minuteBitcoin has increased by 0.85% to reach a price of $58,948.30. This comes after a period of volatility.

August 13, 2024August 13, 2024 Chris Smith Market updates

Marathon Digital to Purchase Additional Bitcoins

Reading Time: < 1 minuteMarathon Digital Holdings plans to privately offer $250 million worth of convertible senior notes to qualified institutional buyers.

August 13, 2024August 13, 2024 Chris Smith News

SEC Files a Lawsuit Against $650M Crypto Fraud Promoters

Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against NovaTech, a cryptocurrency company, and its married co-founders, Cynthia and Eddy Petion.

August 13, 2024August 13, 2024 Chris Smith News

Gemini Asks US Regulators to Not Ban Event Contracts

Reading Time: < 1 minuteGemini is urging US regulators to withdraw a proposed regulation that would ban all event contracts on decentralized prediction markets.

August 11, 2024August 11, 2024 Chris Smith News

Celsius Files a Lawsuit Against Tether

Reading Time: < 1 minuteCelsius has taken legal action against Tether for alleged misappropriation of assets.

August 11, 2024August 11, 2024 Chris Smith News

Thailand Rolls Out a Regulatory Sandbox for Crypto Projects

Reading Time: < 1 minuteThailand’s Securities and Exchange Commission (SEC) is initiating a new initiative to test the implementation of cryptocurrency services through a dedicated regulatory sandbox.

August 9, 2024August 9, 2024 Chris Smith News

US Regulators Put Off Decision on Hashdex Nasdaq Crypto Index ETF

Reading Time: < 1 minuteAccording to a regulatory filing on August 9, United States regulators have requested additional time to decide whether or not to allow the Hashdex Nasdaq Crypto Index ETF to be listed on Nasdaq’s electronic securities exchange.

August 9, 2024August 9, 2024 Chris Smith News

Singapore’s Regulator Grants a Payment License to BitGo

Reading Time: < 1 minuteCryptocurrency custody firm BitGo is expanding its global presence by obtaining regulatory approval in Singapore, known as one of the world’s most crypto-friendly countries.

August 8, 2024August 8, 2024 Chris Smith News

Franklin Templeton Rolls Out its Money Fund on Arbitrum Blockchain

Reading Time: < 1 minuteFranklin Templeton has today announced the launch of its tokenized money fund on the Arbitrum network, as part of its efforts to bridge the gap between traditional and decentralized finance.

August 8, 2024August 8, 2024 Chris Smith News

IMF to Help El Salvador Reduce Bitcoin-related Risks

Reading Time: < 1 minuteThe IMF has issued a statement following their recent visit to El Salvador, focused on supporting the country’s medium-term growth and addressing risks associated with Bitcoin.

August 7, 2024August 7, 2024 Chris Smith News

Bitcoin Whales Accumulated BTCs During Market Crash

Reading Time: < 1 minuteBitcoin experienced a turbulent weekend, with prices falling to $49,000 on Monday after a rollercoaster of ups and downs.

August 6, 2024August 6, 2024 Chris Smith News

Valour Plans to Launch Crypto ETPs in Kenya

Reading Time: < 1 minuteValour has entered into a memorandum of understanding with the Nairobi Securities Exchange (NSE) and SovFi to enable the issuance and trading of digital asset exchange-traded products (ETPs) on the NSE in Kenya.

August 6, 2024August 6, 2024 Chris Smith News

Bitcoin ETFs’ Trading Volume Reaches $1B

Reading Time: < 1 minuteTrading activity for Bitcoin ETFs started strong on August 5, with trading volumes reaching over $1 billion in just 20 minutes.

August 5, 2024August 5, 2024 Chris Smith News

Inflows into Bitcoin ETFs Reach Highest Level in 3 Months

Reading Time: < 1 minuteOn August 2, the 12 bitcoin exchange-traded funds in the US experienced their largest outflow in one day since May 1, which was over 90 days (and 60 trading days) ago.

August 5, 2024August 5, 2024 Chris Smith News

Market Update August 2

Reading Time: < 1 minuteCrypto market continues its unpredictable journey as the prices of major cryptocurrencies experienced mixed movements over the past day.

August 2, 2024August 2, 2024 Chris Smith Market updates

Block’s Bitcoin-relate Revenue Reaches $2.6B

Reading Time: < 1 minuteIn the second quarter of 2024, Block Inc. reported a 9% growth in Bitcoin revenue compared to the previous year.

August 2, 2024August 2, 2024 Chris Smith News

Market Update August 1

Reading Time: < 1 minuteBitcoin, the leading cryptocurrency, experienced a decline of -3.02% over the last 24 hours to reach $64,295.39.

August 1, 2024August 1, 2024 Chris Smith Market updates

US Senator Cynthia Lummis Officially Introduces Bitcoin Strategic Reserve Bill

Reading Time: < 1 minuteOn July 31, Senator Cynthia Lummis officially presented the Bitcoin Strategic Reserve bill, which calls for the creation of a reserve fund for the decentralized asset.

August 1, 2024August 1, 2024 Chris Smith News

Telegram Unveils a Browser With Support for Decentralized Websites

Reading Time: < 1 minuteTelegram, a social messaging platform that is friendly towards cryptocurrencies, has released a new in-app browser that supports decentralized websites.

August 1, 2024August 1, 2024 Chris Smith News

Market Update July 31

Reading Time: < 1 minuteBitcoin has experienced a drop of 0.94% over the past day, trading at $66,189.33.

July 31, 2024July 31, 2024 Chris Smith Market updates

Mt. Gox Moves More Than $2 Billion in Bitcoin to a New Address

Reading Time: < 1 minuteArkham Intelligence has reported that the now-defunct Mt. Gox exchange transferred over $2 billion to a new address on Tuesday.

July 31, 2024July 31, 2024 Chris Smith News

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