Ripple Labs Inc. has announced its plans to repurchase a $285 million stake from its early investors and employees. This initiative is part of a broader $500 million strategy, which includes the cost of converting restricted stock units into common shares, as reported by Reuters. Ripple’s Strategic Buyback Approach Ripple’s decision to buy back shares […]

The cryptocurrency market is showing red on the charts, with a 7.54% decrease in market cap to $2.44 trillion, amidst Bitcoin halving excitement. Despite the market’s trading volume hitting $137.29 billion, marking a remarkable 74.54% surge in the last 24 hours, the market’s general direction continues to be negative The decline has impacted top cryptocurrencies […]

Asset management giant Bitwise announced that it will be donating 10% of profits derived from Bitwise Bitcoin ETFs, to the development of the Bitcoin network. Bitwise is one of the 11 beneficiaries to secure the approval of the US Bitcoin ETF on Wednesday, January 10, marking a watershed moment in the history of the financial […]

Investors are constantly looking for investment opportunities besides Bitcoin, hence turning to altcoins. The crypto community is full of excitement, anticipating the upcoming Bitcoin halving event expected to take place on April 4, 2024. Despite the current down trend of the overall global market, recent market activity shows optimism for possible opportunities for significant gains. […]

The crypto community finally received the news they have been waiting for, for more than a decade, as the Securities and Exchange Commission (SEC) approved 11 spot BTC ETF applications, including BlackRock (IBIT), Grayscale (GBTC), and Ark Invest (ARKB). Although the Bitcoin price reaction has been noticeably lethargic, altcoins led by Ethereum moved significantly, suggesting that investors diversified their […]

With the approaching Bitcoin Halving, investors have been bullish on Bitcoin. The hope of a possible bull run post-halving has resulted in investors hoarding Bitcoin-related assets. One such asset is BTC leveraged ETF. Bitcoin Leveraged ETFs Gain Traction According to Forbes, with its focus on leveraged and inverse ETFs, Volatility Shares, an exchange-traded fund (ETF) […]

Ripple, a leading player in the cryptocurrency industry, is currently facing a significant legal challenge from the United States Securities and Exchange Commission (SEC). In a recent development, the SEC filed a motion in the U.S. District Court for the Southern District of New York, seeking an order that would compel Ripple to produce detailed […]

Crypto Price Prediction: The cryptocurrency market prolonged its correction on April 13th as the geopolitical tension in the Middle East triggered selling pressure across finance markets. The Iranian attack on Israel initially caused panic among market participants leading to a notable downturn in the crypto market. In the last 24 hours, the Bitcoin price plunged […]

In a gust of developments revolving around the SEC’s recent approval of spot Bitcoin ETFs, U.S. Senator Elizabeth Warren’s comments seem to have fueled a sense of dissent among renowned individuals within the crypto industry. As revealed by a series of replies to Warren’s critic post on X, leading crypto market analysts globally cracked down […]

As per the expected timelines, the Hong Kong Securities and Futures Commission (SFC) has given the green light for the trading of spot Bitcoin ETFs and spot Ethereum ETFs in the region. This also makes Hong Kong the first jurisdiction to issue a spot Ethereum ETF while the US SEC still continues to contemplate. HK […]