In what is anticipated to be a bearish event for Bitcoin, a renowned crypto market analyst recently took to post on X, cautioning against a whopping $62 million liquidation if BTC price rebounds to $66,900. The statement by the analyst Ali Martinez, coming in tandem with the broader crypto market’s waining party, has stirred a […]
Ethereum ETF by Grayscale Delayed as SEC Awaits Public Input
The Securities and Exchange Commission (SEC) has extended its review period for the Ethereum exchange-traded fund (ETF) proposal submitted by Grayscale Investments. This move comes amidst similar delays for other proposed spot Ethereum funds from major players like BlackRock and Fidelity. The SEC’s decision to seek further public input marks a significant moment in the […]
Bitcoin Breaks Lower As US GDP Slows To 1.6%, Hints At Hot PCE Inflation
Bitcoin and the broader financial markets faced a downturn as the United States’ Gross Domestic Product (GDP) revealed sluggish growth in the first quarter of 2024, casting a shadow on investor confidence. With the first quarter GDP figures falling short of expectations at a 1.6% annualized pace, concerns about inflationary pressures loom large, amplifying market […]
Union Budget 2024: Has India’s G20 Presidency Set Precedent for Crypto Reforms?
As India prepares for the Union Budget 2024, the crypto community awaits potential policy changes that could help the industry flourish. This year’s budget has gained additional significance in light of India’s recent G20 presidency, where the crypto sector emerged as a key topic. Industry executives propose changes this time around with more favorable tax treatments for […]
PEPE Price Surged 50% To Target A New ATH
The crypto market is facing another setback with the Bitcoin price drop. As a result, the majority of cryptocurrencies are under losses, including PEPE. The frog-themed meme coin, PEPE has succeeded in staying in a profit overall this week as the price has surged by 50%, but compared to its yesterday’s value, the token is in […]
Is Bitcoin’s $42,000 Surge the Start of a Bullish Wave?
Bitcoin’s price has soared past the $42,000 mark, an event that has not been witnessed in over a week. This surge, marking a more than 5% increase in the past 24 hours, raises questions about the future trajectory of the world’s largest digital asset by market capitalization. However, at press time, BTC was trading at […]
Ripple vs. SEC: New Scheduling Order Issued by Judge Netburn
Magistrate Judge Sarah Netburn has issued a scheduling order in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The order pertains to Ripple’s request to dismiss the SEC’s recent expert submissions, which aim to strengthen the SEC’s case for remedies and a final judgment. Judge Netburn approved an extension […]
Bitcoin Cash Casinos 2024: Top Picks For Players
Bitcoin Cash (BCH) is widely accepted by crypto casinos alongside other popular coins such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). It can be hard to know which crypto casinos carry BCH, so researched and curated the best Bitcoin Cash casinos and the features you should know about. What to look for in Bitcoin […]
China’s Government Probes Digital Yuan CBDC Mastermind Yao Qian
Shanghai Securities News recently disclosed an investigation into Yao Qian, a pivotal figure in China’s journey towards establishing a central bank digital currency (CBDC). Qian’s role at the helm of the People’s Bank of China (PBOC) was instrumental in spearheading the research and development efforts behind the digital yuan. His work not only garnered significant […]
Bitcoin ETF: Market Views Cement Towards an ETF “Standard” Over Bitcoin
The ETF market has been growing tremendously since 2003. The newest arrival to this ever-growing pack was when Bitcoin ETFs got their green signal from the SEC. Now, Bloomberg analyst believes that Bitcoin ETFs are going to be the “standard” as compared to Bitcoin. Bitcoin ETFs to attract more people Bloomberg analyst Eric Balchunas in […]