The U.S. Securities and Exchange Commission (SEC) is joining forces with the Federal Bureau of Investigation (FBI) to investigate a misleading post on its social media account regarding the approval of spot Bitcoin ETFs. This incident, which stirred significant market confusion, involved a false statement disseminated through the SEC’s account, falsely claiming the approval of […]

Tether, boasting a staggering market cap of $107.3 billion, has solidified its position as the predominant digital dollar across various emerging markets. This substantial market cap shows the widespread adoption and trust in Tether as a reliable stablecoin. CEO Paolo Ardoino’s recent revelation about Tether’s ambitious $500 million investment in Bitcoin mining represents a strategic […]

The Spot Bitcoin ETF frenzy has concluded with a bang after the U.S. Securities and Exchange Commission (SEC) provided the green light to 11 issuers. While several applications were in line, Grayscale Investments, the world’s leading crypto asset manager stole the spotlight. Coinbase CEO Brian Armstrong and CLO Paul Grewal recently credited Grayscale for the […]

This week saw a notable increase in the cryptocurrency market’s volatility, spurred on by the anticipation of the upcoming Bitcoin Halving event. The early week recovery in the market reverted quickly on the weekend as the BTC price fell to a low of $65133 on Friday. Amid this downfall, the ETH price plunged to swing […]

The crypto market is witnessing a surge in optimism as Ethereum’s price experiences a significant boost. This rise in value is primarily linked to the anticipated approval of a spot Ethereum Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC).  Bloomberg Intelligence analyst Eric Balchunas estimates a 70% chance of approval by May. […]

Bitcoin’s (BTC) price has dropped by more than 7% and current market data shows that the leading digital asset by market capitalization is trading at $62,649.63. Bitcoin Price Extends Its Bearish Drawdown Prices of cryptocurrencies including Bitcoin and Ethereum (ETH) have dropped significantly after it was announced by the Israeli military that Iran had attacked […]

With the historic first day of trading on Wall Street for the spot Bitcoin ETF, the BTC price has given a muted response. As of press time, Bitcoin is trading 0.87% down at a price of $46,080 and a market cap of $902 billion. Also, the Bitcoin options data suggests a muted response in trading […]

The price of Bitcoin (BTC) suffered one of its most drastic falls over the past month this weekend. Within about an hour, the coin plunged from $68,000 to below $62,000, triggering millions in liquidations with thousands of traders affected. Bitcoin and Altcoins Finding Balance, Where is The Floor? At the time of writing, Bitcoin price […]

In a groundbreaking move, the Spot Bitcoin ETF issuer Franklin Templeton reduced its sponsor fee, setting the record for the lowest fee among its competitors. The filing, dated January 12, suggests that the firm has decided to lower its annual Bitcoin ETF fee from 0.29% to 0.19%. Franklin Templeton Files For Record-low Fee In the […]

Solana has rolled out an update on mainnet beta to fix the ongoing congestion issues on the network. Solana ecosystem tokens prices and sentiment dropped after the recent congestion issues on the network causing 75% of transactions to delay or fail. Solana Releases Mainnet Update for Congestion Issues In an April 15 post on X, […]