Binance cryptocurrency exchange has announced a substantial increase in its annual spending on compliance measures. This decision marks a pivotal shift in the company’s approach to compliance, reflecting a deeper integration of regulatory norms within its operational framework. Enhanced Compliance Spending and Strategy Binance has elevated its compliance expenditure from $158 million to $213 million, […]

Crypto Price Prediction: During Wednesday’s trading session, the cryptocurrency market witnessed heightened selling pressure with the Bitcoin price dropping to a two-month of $56500. The notable drop ahead of the Federal Reserve’s interest rate decision later in the day accentuates growing inflation concerns in the U.S. According to the latest data from Santiment, a notable […]

In a recent update shared on the X platform, Ripple emphasizes the crucial link between innovation and regulatory clarity, particularly in the context of decentralized finance (DeFi). The collaborative effort, including a public-private roundtable co-hosted by Ripple and TRM Labs, delves into the need for new regulatory frameworks and compliance-first approaches to fuel the anticipated […]

The crypto market heat map is shining red with the price falls compared to the gains. But this is not just today, as the market has been behaving like this for days with no significant recovery since March. The entire month of April had been full of ups and downs. For a few days, the […]

Ethereum Price Prediction:  After Grayscale’s GBTC outflow slowed down, the overall market saw a reduction in selling pressure, sparking a relief rally across cryptocurrencies. This change in market dynamics, coupled with increased buying interest, allowed the Ethereum (ETH) Price to recover from its local support level of $2170 in late January. Within the last two […]

The outflows from the U.S. spot Bitcoin ETFs have exacerbated further surging past $500 million on Wednesday, May 1. This massive selling pressure comes following the FOMC meeting when Fed Chair Jerome Powell announced to keep interest rates unchanged pushing the Bitcoin price another 5% down to $57,500. Fidelity Bitcoin ETF Outflows Beat Grayscale’s As […]

Polygon (MATIC) is a platform that enhances Ethereum’s capabilities by providing scalable and interconnected solutions.  Over the past year, the value of Polygon’s native token, MATIC, has experienced fluctuations, despite its position as one of the cryptocurrencies with the largest Market Cap. Given the price market performance, investors and enthusiasts are wondering whether or not […]

Ripple vs. SEC: XRP price on Thursday witnessed a 4% upside move defying the broader crypto market selloff. The price increase is a surprise but welcomed by the XRP community. Ripple to file its reply is key for the lawsuit as of now after the SEC opposed Ripple’s motion to strike the declaration of Andrea […]

The crypto prices today marked a bearish turn as Bitcoin (BTC) extended below the $43,000 level while top altcoins were in the ‘red’ as well. In addition, Ethereum (ETH) too couldn’t sustain the $2,300 level today. Whilst, the XRP price maintained the crucial $0.50 level during the session despite the slump. Major Crypto Prices Today […]

Institutional investors are increasingly eyeing spot Bitcoin exchange-traded funds (ETFs), as observed by BlackRock, the world’s largest asset manager. Robert Mitchnick, BlackRock’s head of digital assets, anticipates a surge in participation from sovereign wealth funds, pension funds, and endowments in Bitcoin ETFs in the near future. This shift signals a broader acceptance and recognition of […]