Approval for the U.S. Spot Bitcoin ETF options might face extended delays in regulatory processes. This could potentially diminish the attractiveness of these products, as industry experts suggest. The Securities and Exchange Commission (SEC) recently granted approval for Spot Bitcoin ETFs, marking a significant moment for the crypto industry. However, despite 10 products being actively […]
Crypto Price Prediction 30/4: BTC Slips to $61K, DOGE and ADA Down 6%
Crypto Price Prediction: During the Asian trading hours on Tuesday, the Bitcoin price witnessed a sudden sell-off, recording a 3.3% drop to hit $61705. The top altcoin such as Ethereum (ETH) and Solana (SOL) also plunged to 5%, while XRP and Cardano (ADA) dipped 2-3%. Recent data from cryptocurrency derivatives analytics firm Coinglass shows a […]
Crypto “Pump and Dump” Account for 54% of ERC-20 Listings: Report
Crypto analytics firm Chainalysis has pushed out a new report that suggests that 53.4% of ERC-20 tokens listed on decentralized exchanges (DEXes) in 2023 accounted for crypto pump and dump schemes. Thousands of Tokens Features in Pump and Dump Schemes According to data from Chainalysis, within the twelve months of last year, a total of […]
Will Ethereum Price Hit $10,000 If The SEC Changes Tune?
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 […]