SEC Greenlights Two Crypto ETFs, Samson Mow Warns About Bitcoin Supply Shock Ahead, 200 Million Dogecoin Stun Binance in Major Move: Crypto ...

Top Crypto News of the Weekend

SEC Approves Two Crypto ETFs

The U.S. Securities and Exchange Commission (SEC) has greenlit two Bitcoin/Ethereum exchange-traded funds (ETFs) from Hashdex and Franklin Templeton. These products mirror previously approved spot-based ETFs, potentially paving the way for similar offerings from major financial firms like BlackRock. Experts anticipate the ETFs' launch in January.

Samson Mow Warns of Bitcoin Supply Shock

Amid Bitcoin's recent volatility, prominent BTC advocate Samson Mow attributes its price decline to irrational market behavior and limited supply. He urges investors to trust their instincts and anticipates an impending supply shock.

Binance Receives 200 Million Dogecoin Transfer

Whale Alert reported a major Dogecoin transfer of 200 million DOGE from an unknown wallet to Binance. The value of the coins exceeds $59.9 million. While the purpose of the transaction is unclear, it may indicate trading, selling, or liquidity provision on Binance. Despite a recent rebound, Dogecoin remains 23% below its value from a week ago.