Crypto Price Prediction: The cryptocurrency market has been notably bearish this week following the lead of Bitcoin price correction below $70000. The market-wide correction accelerated further as spot BTC ETFs witnessed a notable outflow in the last two days. As recently highlighted by Wu Blockchain, Bitcoin spot ETFs saw a substantial net outflow on March […]

The Ethereum Foundation is reportedly under investigation by a State Authority, a new update disclosed through the protocol’s GitHub repository. The Unclear Inquiry Into Ethereum Foundation According to the GitHub update, the disclosure of the inquiry was made weeks ago, marking the first time any State Authority will be issuing such a probe into the […]

Following a recent whirlwind of advancements witnessed within Shiba Inu’s ecosystem, the meme coin’s community again nabbed the interest of crypto market traders and investors today as it revealed the 17th edition of its magazine, The Shib, garnering significant attention. This magazine, coming as the community’s effort to spread the word for the meme coin’s […]

The OKX cryptocurrency exchange has announced its decision to cease operations in India. This decision comes nearly three months after the Financial Intelligence Unit (FIU) of India’s Ministry of Finance cracked down on crypto exchanges. The FIU had issued compliance notices to nine foreign cryptocurrency exchanges, including OKX. OKX Shuts Down Services In India In […]

The BlackRock iShares Bitcoin ETF (IBIT) has swiftly amassed a total of 239,252 bitcoins, surpassing the holdings of MicroStrategy, a significant player in the cryptocurrency investment arena. This milestone is particularly remarkable considering IBIT’s relatively short existence, having achieved this feat in less than two months since its inception. The rapid accumulation of bitcoin by […]

Eric Balchunas, Bloomberg’s senior Bitcoin ETF analyst, suggests that the price performance of the world’s Bitcoin is independent of spot Bitcoin ETF exchange flows. Although the BTC ETF activities that trigger Bitcoin transactions are typically implied to determine Bitcoin market movement, Balchunas pointed out that “bigger forces” also influence the game. This remark has been […]

The Grayscale Bitcoin ETF GBTC continues to bleed putting an overall dent on the Bitcoin ETF market. On Thursday, March 21, GBTC recorded yet another day of major outflows at $359 million. With this, the total outflows from the Grayscale Bitcoin fund have skyrocketed to $1.8 billion for this week. after a strong bounce back […]

Google has recently broadened its scope in the cryptocurrency domain by integrating with Etherscan for Ethereum Name Service (ENS). This integration aims to enhance visibility and accessibility for crypto users, particularly those involved with Ethereum transactions. Initially, Google allowed users to search for specific public addresses and view wallet balances directly. However, the functionality has […]

Terra Luna Classic community voting on a key proposal to repeal the earlier passed KYC proposal based on claims that KYC requirements for developers have stalled the growth of Terra Luna Classic. Meanwhile, LUNC and USTC prices have taken a hit amid futures selloff and options expiry. Terra Luna Classic KYC Proposal Repeal Proposal 12091 […]

Investment giant Blackrock is now contemplating whether or not to diversify its offerings to its customer base or not. According to Fox journalist Eleanor Terrett, Blackrock might not be focusing on diversifying its portfolio to “other crypto products”. Blackrock To Stick to Current Crypto Offerings In a post on platform X, Terrett highlights that Blackrock […]