The past week witnessed a significant downturn in Bitcoin’s weekly inflow, which dwindled to $126 million amidst heightened market volatility. This decline was largely influenced by the prevailing uncertainty surrounding Bitcoin halving and escalating geopolitical tensions in the Middle East. These factors collectively exerted notable selling pressure, causing Bitcoin’s price to plummet to a low […]

Analysts who predicted spot Bitcoin ETF approval in the US could become a “Sell-the-News” event got the maths right. The euphoria over the Bitcoin ETFs seems to be fading as jittery investors continue to offload their crypto holdings. More than $272 million of crypto long positions — traders who bet that the prices would see […]

After a rollercoaster-packed weekend, SOL price attempted a recovery from support at $120 but failed to make headway above the $150 level on Monday. This weekend, investors suffered a major setback with liquidations blowing leveraged crypto fortunes into thin air, bearing the biggest brunt of the war in West Asia. Geopolitical tensions rocked the global […]

The CEO of Franklin Templeton, one of the latest Bitcoin (BTC) ETF issuers took to X to express her excitement about the week’s event, adding that Laser Eyes Ben is now his phone’s background. Focus on Value Delivery Jenny Johnson announced to Franklin Templeton’s clients and the public that she had taken over the official […]

UK Finance, a trade association for the United Kingdom banking and financial services sector seeks to expand its pilot of an experimental shared ledger to track financial firm’s payments. Perfect Participants for the Pilot Testing With this offering, the association hopes to connect some of the disjointed dots in the nascent world of crypto.  According […]

Bitcoin ETF’s green signal by the SEC was a landmark judgment for the entire crypto market. However, Vanguard has kept its stance strong on not providing the option to trade in Bitcoin ETFs. Ark Invest founder Cathie Wood has called this move “terrible”. Cathie Wood shares her insights on Vanguard’s move Cathie Wood, the CEO […]

Binance, a leading cryptocurrency exchange, has once again sparked investor interest with its latest announcement. The platform revealed plans to introduce new trading pairs and trading bot services, sparking speculations over its potential impact on the crypto prices. In other words, several crypto market enthusiasts expect Binance’s move could offer a glimmer of hope, especially […]

Crypto exchange Bitfinex has successfully thwarted an attacker’s move to exploit nearly $15 billion worth of XRP, associated with an unsuccessful “partial payments exploit” effort. Bitfinex Chief Technology Officer Paolo Ardoino confirmed the incident, shedding light on the failed transaction and highlighting it as an attempt to exploit the partial payments feature. Someone attempted to […]

The ongoing crypto liquidations triggered by macroeconomic factors have led analysts and traders to pitch new techniques to weather the storm. A new market report from QCP Capital highlights the prevailing risky market sentiment due to recent outflows from crypto assets.  According to the release, nervousness on the part of traders could see a downside […]

It’s that time of the year again — when all eyes are on the Finance Ministry and what it has in store for the taxpayers. Come Feb 1, Finance Minister Nirmala Sitharaman will present the eagerly-awaited Interim Budget for the financial year 2024-25 in Lok Sabha post the release of the Economic Survey of India. […]