Several pro-crypto organizations have come forward in support of Roman Storm, a developer of the Ethereum privacy protocol Tornado Cash. Storm, arrested in August, faces charges related to his involvement with the platform. Last week, he sought to dismiss the charges, arguing against the government’s portrayal of Tornado Cash and blockchain technology. Roman Semenov, another […]

The Bitcoin price has been flirting around the $69,500 level recently as it awaits key economic data ahead of this week. Furthermore, starting today, the Bitcoin ETN products will be available on the London Stock Exchange for trading. Key Macro Data Release This Week This week, investors are bracing for a slew of macroeconomic events […]

The biggest mystery surrounding the identity of Satoshi Nakamoto, the creator of Bitcoin, remains unsolved after a 15-year saga of top cryptocurrency Bitcoin. Multiple theories have popped up for finding the true identity of Satoshi Nakamoto, and a new theory on Satoshi Nakamoto has now surfaced. A New Theory on Satoshi Nakamoto A Reddit user […]

In a flurry of frenzied trading activity, local investors in China are driving up the premium of a gold stock ETF to a staggering 30%. This even led to an abrupt halting of trading. Moreover, Bloomberg analyst Eric Balchunas shed light on the situation, citing Bitcoin ETF FOMO (Fear of Missing Out) as a prime […]

Crypto Price Prediction: The crypto market remains volatile as investors remain uncertain about the approval of spot Bitcoin ETFs. On December 3rd, a sudden sell-off hit the market as Matrixport highlights in a recent report about the U.S. Securities and Exchange Commission’s (SEC) potential rejection of spot Bitcoin Exchange-Traded Funds (ETFs). As per the report, […]

KuCoin has announced the implementation of a 1% Tax Deducted at Source (TDS) for its users in India. This development follows the successful registration of the exchange’s Financial Intelligence Unit (FIU) in the country. From April 10, 2024, the platform will charge TDS on the transfer of Virtual Digital Assets (VDA) as per the guidelines […]

VanEck has announced its plan to allocate 5% of profits from its proposed Bitcoin ETF to support Bitcoin Core developers. This decision, pending the approval of the ETF by the Securities and Exchange Commission (SEC), marks a significant commitment to the Bitcoin ecosystem. VanEck’s Initial Contribution and Pledge VanEck has demonstrated its dedication to this […]

The New York State Bar Association has asked attorneys to use AI in the field with caution and care. Reuters has highlighted that New York joins a select few states, such as Florida and California, whose bar associations have released recommendations on AI use. New York State Bar Association Warns on Cautious AI Use As […]

Coinbase has announced plans to acquire a MiFID-licensed entity in Cyprus, marking a strategic move to broaden its derivatives offerings across the European Union. This endeavor, pending regulatory approval, aims to enhance Coinbase’s market presence in 2024 significantly. Coinbase Expansion into the EU Derivatives Market The initiative to acquire a Markets in Financial Instruments Directive […]

Big players in the financial markets have been seeking the SEC nod for the approval of a spot Ethereum ETF, after the successful launch of a similar investment product for Bitcoin earlier this year. However, two spot Bitcoin ETF issuers – VanEck and CoinShares – have cast doubt on the SEC’s approval of spot Ethereum […]