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In what is a clear sign of the massive success that the investment products have had, Spot Bitcoin ETF s have seen their trading volume collectively surpass $50 billion. Additionally, the 11 approved ETFs also saw their net inflows return Thursday, accumulating $251.4 million. The massive heights were reached just six weeks after the products were approved by the US Securities and Exchange Commission (SEC). Indeed, BlackRock, Fidelity, Bitwise, Grayscale, and others have played a crucial role in their success over the last month. Moreover, that is expected to continue for the offerings. Also Read: Interest in Altcoin ETFs intensifies following the success of Bitcoin Spot ETFs Spot Bitcoin ETFs Pass $50 Billion in Trading Volume Since the start of 2024, all eyes have been on the growing interest in Spot Bitcoin ETFs. Indeed, the market ended last year with the approval expected, but some hesitance remains. Amid the SEC’s consistent anti-crypto approach, many were worrie...

Cryptocurrency exchange Kraken filed to dismiss a November lawsuit from the US Securities and Exchange Commission (SEC), arguing that it would set a ”dangerous precedent for agency overreach.” The SEC is suing Kraken for allegedly operating as an unlicensed securities exchange, broker, dealer and clearing agency, and for unlawfully selling ”crypto asset securities” that it says are investment contracts. Kraken was also accused of commingling $33 billion in customer assets with business funds due to poor internal controls. In a Feb. 22 blog post coinciding with the filing,  Kraken took issue with the SEC’s argument that there can be an investment contract with no contract, no post-sale obligation and no interaction at all between issuer and purchaser Today, the SEC filed a complaint alleging that Kraken operates as an unregistered national securities exchange, broker, and clearing house. We disagree with their claims and plan to vigorously defen...

The European Central Bank criticizes Bitcoin, arguing that it failed to prove itself as a financial asset.   The ECB officials allege the SEC’s Bitcoin ETF approval is “the naked emperor’s new clothes.” Charles Hoskinson slams the officials, referring to the community notes that laughed at ECB. The European Central Bank’s (ECB) stark criticism and disregard for Bitcoin as a financial asset has recently created headlines, with the community condemning the post. Cardano Founder Charles Hoskinson wrote in his latest X post, “Community Notes just murdered the ECB.” Community Notes just murdered the ECB https://t.co/96lpajQpUd — Charles Hoskinson (@IOHK_Charles) February 23, 2024 In a blog post on Thursday, ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf argued that the largest cryptocurrency has failed to prove itself as an asset and investment. Adding that Bitcoin is still not used for legitimate transactions, ECB officials cl...

The AI and gaming market is growing, coupled with the Bitcoin halving drawing close. The intersection of this positive news in the crypto space propels the traction of alt coins . Moreover, experts project that these positive events will positively impact prices and market sentiment, causing a bull run. Given this, alt coins offer an attractive option for traders looking to update their portfolios, providing them with opportunities to diversify their investments. This article presents a curated list of top-performing alt coins that merit consideration for investment in the current market. 6 Best Altcoins to Invest in Right Now Bitcoin has surged above the $51,000 mark, leading to a recovery in the crypto market. This resurgence follows  Nvidia’s strong earnings , which have injected new life into AI-based tokens. Alongside, alt coins like SingularityNET, OKB, and the Graph garner attention as promising investment options. Following strong performance, these tokens demon...

Vinny Lingham opines increasing government scrutiny of Nvidia could trigger distributed crypto platforms. The UK government recently joined other countries in scrutinizing Nvidia amid growing international rivalry. Notable stakeholders consider the government’s regulatory approach a setback for innovation. According to Vinny Lingham, a prominent figure and pioneer in the blockchain and crypto industry, increasing government interference in Nvidia’s activities could accelerate the scaling of globally distributed crypto platforms. Lingham posted on X following reports that the UK government has joined those scrutinizing Nvidia for its market dominance. If governments continue to dictate to companies like $NVDA who they can sell compute and storage to, globally, we will quickly see an acceleration in the scaling of globally distributed crypto platforms.$SOL (Compute), $RNDR (GPU) & $FIL (Storage) are my 3 top crypto picks. — Vinny Lingham (@VinnyLingha...

A closely followed crypto strategist is predicting big bursts to the upside for two artificial intelligence (AI)-related altcoins including Worldcoin (WLD). Ali Martinez tells his 46,500 followers on the social media platform X that he thinks the native asset of the decentralized storage network Filecoin (FIL) is close to witnessing a big breakout. Filecoin’s decentralized network offers a cheaper alternative for data storage, making the crypto project attractive to AI firms looking to save large datasets. According to Martinez, FIL can print gains of about 200% if it takes out its immediate resistance. “Filecoin is trading within a parallel channel on its three-day chart. Watch out for the resistance posed by the channel’s upper boundary, set at $8.50. A successful breakthrough this barrier could significantly bolster FIL’s price, potentially tripling its value to reach $25.5!”  Source: Ali Martinez/X A parallel channel is a tech...

Minu price jumped 49% in the last 24 hours to trade at $0.0000008849 as of 4:30 a.m. EST on trading volume that dropped by 36% to $3.8 million. On a weekly basis, the MINU token has surged by around 1,104%, making it one of the top performers. Minu, the first mining dog meme coin on Binance Smart Chain, was recently listed on MessariCrypto, which represents a big development in its journey. The listing also reflects the project team’s efforts to improve the token’s visibility and standing in the crypto sector. Given the massive price surge, the move was seemingly a success, and the market has recognized the project’s innovative mining feature and strategic progress. Minu says it intends to continue developing new Features , and it maintains a rather active community engagement, which could mean that a further price increase is possible. Minu Price Prognosis Minu price has seen massive growth in the past seven days, and its surge continued in the past 24 hours. Th...

In today’s  top crypto gainers , each coin offers a unique proposition. Siacoin (SC) stands as a pioneer of decentralized cloud storage. Witnessing a notable surge of 14.71% and boasting a market cap of $856.88M, it offers potential at $0.015141. Meanwhile, Chiliz (CHZ) leads digital engagement in sports with a recent climb of 5.57% and a $1.12B market cap. On the other hand, Monero (XMR) champions privacy in crypto transactions despite facing regulatory hurdles. With a market cap of $82.36M and a trading price of $124.47, Monero navigates uncertain terrain. Helium (HNT) disrupts IoT connectivity with its decentralized network, witnessing a remarkable 196% price increase last year. Trading at $9.49 and with a market cap of $1.53B, HNT presents intriguing investment possibilities. Also, Smog, with its equitable launch, thrilling trading dynamics, and unprecedented airdrop, offers potential, making it an enticing investment prospect in the evolving crypto space. Biggest Cryp...

The amount of Bitcoin held by Coinbase in its public order book has plunged to a nine-year low of 394,000 BTC worth around $20.5 billion after massive withdrawals. Whales withdrew over 18,000 BTC from the exchange, worth nearly $1 billion, last weekend, according to CryptoQuant, with amounts ranging between $45 million and $171 million. 🚨BREAKING: #Bitcoin Holdings On Coinbase Reach The Lowest Level Since 2015! The exchange now has approximately… pic.twitter.com/gqKFcNO2gw — Kyle Chassé (@kyle_chasse) February 19, 2024 The withdrawals have triggered mixed sentiments from crypto users on X. Some believe that the purpose of the transfers is to boost liquidity for OTC trades. Possible Bitcoin Supply Crunch Looming Others say that the withdrawals signal an upcoming Bitcoin rally driven by a supply crunch. Institutional demand for Bitcoin is currently high following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. These funds hav...

On February 20, Binance concluded the delisting of Monero (XMR), as previously announced and reported by Finbold. The day before the delisting was tumultuous for the leading privacy coin.  Interestingly, Binance customers reported the centralized exchange suddenly suspended Monero withdraw als on February 19, raising concerns about the company’s motives. A print screen shared on X (formerly Twitter) showed a working deposit system for XMR and the suspension warning: “Monero (XMR): Withdrawal suspended. Low hot wallet balance” Picked for you Will XRP ever reach $1? 30 mins ago Dogecoin price prediction as DOGE surpasses 1 million daily transactions in February 2 hours ago XRP set to soar as expert identifies '2024 Run' to $2 21 hours ago 3 cryptocurrencies under $0.10 to buy this week 21 hours ago In this context, the privacy enthusiast and commentator under the pseudonym Untraceable questioned Binance’s operation and motives. H...

Ripple’s CTO, David Schwartz, denies price manipulation accusations surrounding XRP sales on Twitter. Concerns over Ripple’s XRP handling triggered accusations, prompting Schwartz to defend the company. Schwartz clarifies the cessation of programmatic XRP sales, distinguished from sales used in Ripple’s payment services. Ripple’s Chief Technology Officer (CTO), David Schwartz, took to X on February 18, to address accusations of price manipulation concerning XRP sales. Amid the increasing concerns over Ripple’s handling of XRP and its impact on the token’s value, Schwartz denied the allegations. I understand caring how much we sell, but honestly I don't really understand why people think it matters so much exactly how we sell XRP. Yes, we choose when to sell. Yes, we choose how much to sell. And everyone can see how much XRP comes out of escrow and how much goes back in. — David "JoelKatz" Schwartz (@Joel...

A crypto analyst identified as CryptoGuru predicts a BTC to hit $61,000. According to CryptoGuru, several chart formations support an imminent breakout for BTC ahead of a significant upward rally. The analyst noted that Ferrari announced it would start accepting DOGE for payments Self-styled cryptocurrency analyst James CryptoGuru has predicted a $61,000 target for Bitcoin soon. In a recent post on X, the vibrant analyst displayed various chart setups and a combination of indicators to show that the flagship crypto is aiming for higher prices. #BITCOIN TRADE TARGET $61,000 & $DOGE BREAKING NEWS!!! $btc $doge $qubic pic.twitter.com/cAerjhjexY — James CryptoGuru (@Jamyies) February 19, 2024 CryptoGuru’s initial observation is the growing volume across the daily candles on the BTC/USD chart. The analyst spotted a hammer candle that formed two days ago, confirming it as a significant bullish signal. By scaling down to the 4-hour chart, the technica...

Smog is currently making waves, exhibiting a 19% surge in the last 48 hours. Its notable trading volume of $1.09 million reflects a growing investor interest. Also, TROLL went as high as 251% in under 24 hours and  13,208% in just six days. Although $BAD is down in the past 24 hours at $ 0.000000002182, it is up over 350% from last year. Investors remain optimistic about Bad Idea’s potential for further growth. This sentiment has spurred its recent performance and optimistic market sentiment. Excited to know the possibilities? Hop in! New and Best Meme Coins to Buy Now Today, one coin is turning heads – $TROLL. This meme coin, part of the Solana blockchain, has outpaced big players like FLOKI, MEME, and PEPE. It recently posted 251% in under 24 hours and 13,208% in six days. The price surge came on the heels of Elon Musk’s tweet. In other news, many important events are slated for this year, potentially reshaping the future of meme coins. Solana-based meme-coi...