Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»BITCOIN NEWS»đź”´Bitcoin makes history | Cryptocurrency News of the Week – January 15, 2024
BITCOIN NEWS

🔴Bitcoin makes history | Cryptocurrency News of the Week – January 15, 2024

By Crypto FlexsJanuary 15, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
🔴Bitcoin makes history |  Cryptocurrency News of the Week – January 15, 2024
Share
Facebook Twitter LinkedIn Pinterest Email

A spot Bitcoin ETF has been approved, but hiccups have begun. One stablecoin is released and Bitcoin takes off for the moon and gets lost in space?! This week we bring you these stories and more in cryptocurrency.

Bitcoin makes history

On Wednesday, the US SEC finally approved 11 spot Bitcoin ETFs in a process that began in 2013 when the Winklevoss twins first sought approval. On the first trading day, trading volume exceeded $4 billion on the New York Stock Exchange, NASDAQ, and CBOE. Grayscale’s Bitcoin ETF accounted for half of the trading volume, with $1 billion coming in in the first hour after the market opened. BlackRock’s iShares Bitcoin ETF accounted for most of the remaining half, with $1 billion in first-day trading volume.

Fake tweets shake up markets

A day before the approval was announced, a fake tweet resulting from the SEC’s hack of the The account was hacked through the associated phone number, possibly because the account did not use two-factor authentication. The post was quickly exposed as a scam, but not before it resulted in $90 million in Bitcoin liquidation.

Bitcoin plummets as euphoria ends

After the first ETF began trading in the U.S., Bitcoin briefly topped $49,000 for the first time since December 2021. However, the next day, the price of Bitcoin fell below $42,000, plunging nearly 10% as euphoria over the ETF’s approval turned into a ‘sell’. A major defeat in the news.

SEC: We do not support Bitcoin

SEC Chairman Gary Gensler said the ETF approval was granted reluctantly, emphasizing that the decision does not reflect the commission’s support for Bitcoin itself. Gensler said last year’s Grayscale court decision led to the commission’s decision but did not imply support for Bitcoin or any other cryptocurrency asset. It’s a category he still considers speculative and volatile.

USDC Issuer File for IPO

Circle, the creator of the stablecoin USDC, has filed for an initial public offering (IPO) to take the company public. The IPO is expected to take place after the SEC completes its review process. USDC has a market capitalization of $25 billion, making it the second-largest stablecoin behind Tether, which boasts a market capitalization of $95 billion.

New Ethereum Improvement Proposals

In an Ask-Me-Anything session, Ethereum co-founder Vitalik Buterin recommended increasing the gas limit by around 33% to increase network capacity and reduce user costs. However, this proposal comes with some risks, as larger blocks may increase energy consumption, increasing the likelihood of chain splits and block discards.

X discontinues NFT profile pictures

Social media platform Formerly known as Twitter,

Houston, we have a problem.

The Peregrine 1 space mission recently departed carrying a commemorative plaque for the Bitcoin Genesis block and a special Bitcoin token engraved with a private key of 1BTC. mission? Placing these items on the lunar surface is a symbol of Bitcoin’s remarkable progress in technological advancement. Unfortunately, there appears to be an issue with the rocket’s propulsion system, making it unclear whether Bitcoin will be able to safely reach the moon.

This is what happened in the cryptocurrency market this week. I will see you next week.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Big Bob Slot -Self -There fish, bite wins!

July 23, 2025

The strategy has hit the highest market cap since the Rally Bitcoin rally.

July 17, 2025

21.72% of encryption in the second quarter of 2025

July 11, 2025
Add A Comment

Comments are closed.

Recent Posts

$75K In Rewards Announced For Valhalla’s First-Ever Tournament

July 25, 2025

Bitcoin Market Bullish? DL Mining Launches $100 Bonus + Sustainable Cloud Mining

July 25, 2025

Bybit And Tether Launch Strategic Partnership To Accelerate Crypto Adoption In Brazil

July 25, 2025

Remittix Presale Raises $17M After Revealing Next-Gen Web3 Wallet Beta Launch Date

July 25, 2025

Pioneering Real-World Asset Tokenization In The U.S. Market

July 25, 2025

How to travel to the world with encryption wallet?

July 25, 2025

LFG… Launches AI Alpha Pilot For Meme-Coin Hunters

July 24, 2025

Zircuit Launches AI Trading Engine For Lightning-Fast, Cross-Chain Trading

July 24, 2025

Bybit Card Celebrates Two Million Users With Limited-Edition Collectible And 1 BTC Giveaway

July 24, 2025

MemE Coin PEPETO, based on Ether Leeum, has exceeded $ 5.5 million in pre -sales.

July 24, 2025

Crypto EXEC is not the end of the rally.

July 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

$75K In Rewards Announced For Valhalla’s First-Ever Tournament

July 25, 2025

Bitcoin Market Bullish? DL Mining Launches $100 Bonus + Sustainable Cloud Mining

July 25, 2025

Bybit And Tether Launch Strategic Partnership To Accelerate Crypto Adoption In Brazil

July 25, 2025
Most Popular

Ether Leeum Buyer Stacks up -ETH’s rebound?

February 26, 2025

Floki enters the $16 trillion tokenization industry with “TOKEN”.

November 25, 2023

TON Network Surpasses 100 Million Holders: Factors Driving Growth:

October 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.