Goldman Sachs executive Sharmin Mossavar-Rahmani warned investors about Bitcoin ETFs not being an ideal investment portfolio on Friday. According to a report by The Wall Street Journal, Sharmin said digital currencies are still more like a roulette. The remarks come after Goldman Sachs was previously debating on entering the Bitcoin ETF space. Goldman Sachs executive […]

Norway’s recent legislative actions targeting crypto data centers, particularly cryptocurrency mining, reflect a growing concern over the environmental and regulatory implications of this industry. Arcane Research’s investigation in previous times shed light on the significant presence of Bitcoin mining operations within Norway’s borders. Despite its relatively small size, Norway commands a notable share of Bitcoin’s […]

The Government of Venezuela has decided to bring the curtain down on its Petro (PTR) cryptocurrency. The venture was initiated six years ago by President Nicolas Maduro to tackle the U.S. sanctions. However, the crypto is set to be banished from Venezuela on Monday, January 15. Venezuela Encourages Conversion Of Petro To Bolivar The decision […]

American businessman Mark Cuban took to X to update his followers on the outcome of an earlier decision to pay his tax. KPMG Estimates Mark Cuban’s Tax According to Cuban, he has wired a total of $275.9 million to the Internal Revenue Service (IRS) as payment for his 2023 remaining tax burden. This payment also […]

Cardano (ADA), the renowned blockchain platform, is gaining significant attention as a potential candidate for future exchange-traded funds (ETFs) in the U.S. With the cryptocurrency community actively discussing the approval of altcoin-based ETFs following the green light for Bitcoin ETFs, Cardano has emerged as a front-runner in this new wave of investment products. Cardano’s Stability […]

Robert Kapito, BlackRock Inc.’s co-founder offers a cautiously optimistic outlook for the market, foreseeing a potential resurgence. In his assessment, he points to the substantial sum of nearly $9 trillion currently held in money market funds and cash alternatives at banks. This considerable pool of capital, according to Kapito, possesses the potential to exert a […]

Finance Minister Nirmala Sitharaman is gearing up for the Union Budget 2024 presentation. The forthcoming budget is as an interim one, which is always scheduled ahead of general elections slated for the April-May period. Moreover, the newly elected government will later present a comprehensive budget outline later in the year. How is the Union Budget […]

Samson Mow, a prominent figure in the cryptocurrency industry and head of Jan3, recently discussed Bitcoin’s (BTC)  market dynamics in light of recent events. Mow highlighted the significant price volatility in Bitcoin over the weekend. This followed fears tied to negative developments in the Middle East. BTC saw a sharp decline, dropping over 13% and […]

Ethereum price prediction: ETH has recently outperformed Bitcoin, marking a significant 14% increase within a fortnight. The cryptocurrency recently surpassed the $2,500 mark, a first since May 2022. This breakthrough, fueled by robust fundamentals and growing optimistic market sentiment, sets the stage for Ethereum’s potential climb to the $3,400 level. Ethereum’s Bullish Trajectory and Market […]

The Drift DAO Foundation has revealed plans for the introduction of the DRIFT governance token, marking a significant milestone in advancing a fully community-driven protocol. This move aims to empower users and contributors to actively shape the future roadmap of the Drift ecosystem through decentralized decision-making processes. Drift DAO Launches Native Token The DRIFT governance […]