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 […]
Donald Trump’s 2024 Plan Excludes Powell from Fed’s Future
In an interview with Fox Business, former President Donald Trump made his stance clear on the future leadership of the Federal Reserve (FED), signaling a decisive break from current Chair Jerome Powell should he win the upcoming presidential election. Trump’s remarks come amid a broader discussion of his economic policies and views on artificial intelligence, […]
3 Top Reasons To Buy Bitcoin (BTC) On May 1
It is red everywhere in the crypto market. Bitcoin (BTC), the leading digital asset, has witnessed a monthly correction of 17%, ending a seven-month bullish streak. A 14% correction in the last week, and an 8% dip maintained in 24 hours, placed BTC at $57,258 on Wednesday. An earlier report suggested that Bitcoin price could […]
Cathie Wood’s Ark Invest Double Down On Bitcoin With ARKB, Tesla, Robinhood Shares
Cathie Wood’s investment management firm Ark Invest is on a buying spree for crypto-related shares including its Ark 21Shares spot Bitcoin ETF (ARKB). ARK Next Generation Internet ETF (ARKW) purchased 1.27 million ARKB units worth $51 million last week. Cathie Wood’s Ark Invest Bought ARKB Units Cathie Wood’s ARK Next Generation Internet ETF (ARKW) continued […]
3 Hottest Presales To Buy In May
With the transition into a new month, the expectation of making big profits in the crypto industry stands true for most investors. However, the continuous market falls are nothing more than a disappointment for now. The crypto market has failed to recover today again and is continuing on the bearish trends with neutral market sentiments […]
Coinbase Officially Pulls Support for Bitcoin SV (BSV)
American cryptocurrency exchange Coinbase will no longer support Bitcoin SV (BSV), per a recent post by the firm on X. BSV No Longer Hosted on Coinbase Coinbase has announced that it has deprecated support for BSV and effectively immediately, the coin will no longer be available on its trading platform. In effect, Coinbase customers can […]