Indian finance minister Nirmala Sitharaman is all set to present the interim budget 2024 in Parliament. The full-fledged budget will be presented by the new government that comes to power after the elections, which are due later in the second quarter of 2024. The interim budget is a short term financial plan that seeks the […]
Hong Kong Bitcoin ETFs Offer These Advantages Over The US ETFs
After a long wait, the Hong Kong Bitcoin ETFs have finally gone live for trading setting up high expectations among investors. Interestingly, the launch of the Hong Kong Bitcoin ETFs comes at a time when the US Bitcoin ETFs are experiencing net outflows over the last week. Market analysts have started pointing out why one […]
Spot Bitcoin ETF Options Approval Expected To Delay For Months
Approval for the U.S. Spot Bitcoin ETF options might face extended delays in regulatory processes. This could potentially diminish the attractiveness of these products, as industry experts suggest. The Securities and Exchange Commission (SEC) recently granted approval for Spot Bitcoin ETFs, marking a significant moment for the crypto industry. However, despite 10 products being actively […]
Crypto Price Prediction 30/4: BTC Slips to $61K, DOGE and ADA Down 6%
Crypto Price Prediction: During the Asian trading hours on Tuesday, the Bitcoin price witnessed a sudden sell-off, recording a 3.3% drop to hit $61705. The top altcoin such as Ethereum (ETH) and Solana (SOL) also plunged to 5%, while XRP and Cardano (ADA) dipped 2-3%. Recent data from cryptocurrency derivatives analytics firm Coinglass shows a […]
Crypto “Pump and Dump” Account for 54% of ERC-20 Listings: Report
Crypto analytics firm Chainalysis has pushed out a new report that suggests that 53.4% of ERC-20 tokens listed on decentralized exchanges (DEXes) in 2023 accounted for crypto pump and dump schemes. Thousands of Tokens Features in Pump and Dump Schemes According to data from Chainalysis, within the twelve months of last year, a total of […]
Will Ethereum Price Hit $10,000 If The SEC Changes Tune?
The approval of Bitcoin ETFs in the US in January this year broadened the outlook of the crypto market for most investors. Attention quickly shifted to Ethereum with companies swiftly filing with the Securities and Exchange Commission (SEC) to offer spot ETH ETFs. For a short while, Ethereum price surged alongside Bitcoin price. Although the […]
Paytm Payments Bank Ban: How Will It Impact The Crypto Market?
India’s central Bank, the Reserve Bank of India (RBI) has cracked down on One 97 Communication’s Paytm Payments Bank lately. RBI has imposed several sanctions on the Paytm Payments Bank, citing regulatory concerns. This move could also affect India’s already weary crypto arena as Paytm is one of the prominent modes of payment for crypto […]
US DOJ Charges Bitcoin Pioneer Roger Ver with Tax Evasion
The United States Department of Justice (DOJ) has charged Roger Ver, a notable figure in the cryptocurrency world, with tax evasion. Ver, often referred to as Bitcoin Jesus due to his early and substantial investments in Bitcoin, was arrested in Spain. The DOJ now seeks his extradition to face trial in the United States. Arrest […]
Mysterious 9-Year-Old Ethereum Wallet Reactivates with $1.1M
A dormant Ethereum wallet that had not seen activity for nearly nine years has suddenly been reactivated. The wallet, which contains 492 ETH valued at approximately $1,139,052, has caught the crypto community and analysts’ attention. Whale Alert, a prominent crypto data tracker, first reported this event, marking a significant moment of intrigue in the digital […]
Altcoins Can See 40% Drop Against BTC Pairs Over The Next Few Months, Says Analyst
The broader cryptocurrency market has come under the grip of bears with Bitcoin ETFs seeing $162 million in outflows a day before the FOMC meeting. Higher inflation print could likely nullify the chance of Fed rate cuts this year. In the last 24 hours, the Bitcoin price has tanked 5% slipping under $60,000 while altcoins […]