Bankrupt crypto company Blockchain Global has more troubles for itself now as it has come under the scrutiny of Australia’s ASIC. The Australian Securities and Investments Commission (ASIC) will now investigate the firm’s involvement in a series of failed crypto schemes. Blockchain Global’s directors to be investigated by ASIC An investigation by The Guardian Australia […]

Fleeing Binance executive, Nadeem Anjarwalla was arrested in Kenya with plans to extradite him to Nigeria. Nadeem Anjarwalla is in the middle of a legal battle with the Nigerian government after he was detained alongside fellow Binance executive, Tigran Gambaryan.  Both men flew into Nigeria to discuss with authorities on developing issues on Binance P2P […]

The use of blockchain has grown significantly in the last three years. The size of the global blockchain interoperability market is now on track to become worth $1.98 billion by 2032, according to a report by Spherical Insights & Consulting. Blockchain interoperability to grow significantly by 2035 According to a study by Spherical Insights & […]

On Monday, April 22, the BlackRock Bitcoin ETF IBIT registered yet another inflow of $19.4 million, registering 70 consecutive days of inflows ever since launch. This puts BlackRock’s IBIT ETF into the top-ten exchange-traded-funds recording the largest daily streak of inflows. BlackRock Bitcoin ETF IBIT Shines So far, BlackRock’s IBIT Bitcoin ETF has amassed more […]

Bitcoin, the flagship cryptocurrency, has recently taken a nosedive, slipping below the $39,000 mark, leaving the crypto community in a state of concern. Although market enthusiasts anticipated a bullish run following the U.S. SEC’s approval of Spot Bitcoin ETFs, the reality of the Bitcoin (BTC) price crash seems starkly different. Meanwhile, analysts have delved into […]

Hong Kong’s financial landscape sees a groundbreaking shift as Victory Securities unveils pioneering updates to its Spot Bitcoin and Ethereum ETF. Meanwhile, the move, announced through the latest press release, heralds Hong Kong’s venture into cryptocurrency spot ETFs, marking a significant milestone in the global financial market.  So, let’s take a tour of the new […]

As India gears up for the highly anticipated Union Budget 2024, all eyes are on Finance Minister Nirmala Sitharaman. Set to present the interim budget on February 1, 2024, just months before the Lok Sabha elections, this financial blueprint carries the weight of steering the country through economic challenges. Meanwhile, balancing bold initiatives with fiscal […]

In a bid to create an alternative to the use of the United States dollar for cross-border remittances and trade, member countries of the BRICS consortium are considering implementing a stablecoin. BRICS To De-Dollarize Trade With Stablecoin During a recently conducted interview, Russian Deputy Foreign Minister Sergei Ryabkov disclosed the plan for the bloc to […]

Cardano Price Prediction: The fear of spot Bitcoin ETF being a Sell-the-news event is gradually strengthening for market participants, as BTC price recently lost the $40000 mark. The intensified supply pressure prolongs the correction phase in the majority of major coins, including Cardano. As a result, the ADA price dropped from $0.617 to $0.46 within […]

The U.S. Securities and Exchange Commission (SEC) postponed its decision regarding Grayscale‘s proposal for spot Ethereum ETF. The SEC prolonged the review period to June 23. This ruling represents another postponement in the approval process of ETFs based on cryptocurrency in the US. Grayscale filed Form 19b-4 with NYSE Arca in October to approve the […]