In what comes as a remarkable event for Bitcoin following its recent topping of the $72K mark (New ATH) today, March 11, Donald Trump, a renowned American politician, took a positive stance on the world’s first-ever digital currency, fueling immense optimism among crypto market enthusiasts across the globe. In an interview with CNBC, Trump proclaimed […]
Ethereum Dencun Upgrade: Here’s Projected Cost on L2s Post-Launch
With the highly anticipated Ethereum Dencun upgrade set to launch in 2 days, the cryptocurrency community eagerly awaits the potential changes in gas costs and the overall landscape of Layer 2 (L2) platforms. Ethereum Dencun Upgrade and Projected Stability Push In a post on X shared by IntoTheBlock, except for Ethereum, the remaining three L2 […]
Violation of U.S. Crypto Guidelines – Who all are Involved?
Will the SEC’s crackdown affect the decentralized behaviour of the crypto market? SEC has put a hard hand on various cryptocurrency organizations and major cryptocurrency exchanges. They ended up giving whopping amounts as fines, and some have filed for bankruptcy. Even Hollywood celebrities, singers and players have seen a rift with the sec. Kim Kardashian […]
Breaking: CoinShares Acquires Valkyrie Bitcoin ETF To Strengthen US Presence
In a strategic move aimed at bolstering its foothold in the U.S. digital asset market, CoinShares International Limited, a leading European digital asset management firm, has announced its acquisition of Valkyrie Funds LLC, along with the Sponsor rights to the Valkyrie Bitcoin Fund, a physically-backed Bitcoin ETF. Notably, this acquisition marks a significant milestone in […]
EU Adopts Regulations Targeting Sanctions Violations, Engulfs Crypto
Following 543 votes in favor, 45 against, and 27 abstentions noted, the European Parliament recently forged ahead with a set of new rules, cracking down on violations and circumventions of EU sanctions. This move further tightened the EU’s stance on digital assets such as cryptocurrencies, underscoring the nationwide need for a more robust approach that […]
Breaking: Coinbase Unveils Plans To Offer $1B In Convertible Senior Notes
American cryptocurrency exchange Coinbase Global Inc. is planning to explore convertible senior notes as the new means of raising funds. The Coinbase Convertible Senior Notes Coinbase hinted at its plan to offer up to $1 billion in convertible senior notes which would be due in 2030. Per Coinbase’s plan, the notes will be put up for […]
Breaking: BTC Price Hits $73K As Spot Bitcoin ETF Saw Record $1.05 Billion Net Inflow
Spot Bitcoin ETFs set another record, witnessing the highest single-day net inflow since the launch of Bitcoin ETF in the United States. The record net inflow of over $1 billion helped Bitcoin rebound from a decline after hotter CPI inflation data and hit a new all-time high of $73K. Spot Bitcoin ETF Records $1.05 Billion […]
Toncoin Price Rallies 23% As TON Partners DWF Labs & Fireblocks
The crypto sphere witnessed a dramatic surge as the Toncoin (TON) price noted a remarkable 23% rally on Wednesday, March 13, following key announcements. Notably, this notable climb follows the announcement of groundbreaking collaborations with industry giants DWF Labs and Fireblocks. Meanwhile, the strategic partnerships aim to fortify Toncoin’s position in the Web3 landscape, promising […]
Jack Dorsey Block Debuts Bitcoin Wallet, Skips Crypto Pay
Block, helmed by Jack Dorsey, has finally released Bitkey, its highly-anticipated Bitcoin hardware wallet. With a price of $150, the Bitkey wallet is a significant step toward self-custodial storage of cryptocurrencies. It seeks to offer users a safer way to store their Bitcoin and keep it out of exchanges. Bitkey is being launched at a […]
Bitcoin ETF: BlackRock & Fidelity Saw Inflows Of $870M
The U.S. Bitcoin ETF market witnessed a significant surge in inflows, with BlackRock’s IBIT and Fidelity’s FBTC leading the charge, attracting a combined total of nearly $870 million on March 13, 2024. Notably, amidst this influx, the broader U.S. Bitcoin ETF saw a substantial inflow of about $700 million, reflecting strong interest from the institutional […]