‘The Nine’ Bitcoin ETFs witnessed a surge in trading volume on Friday, reported Bloomberg’s Eric Balchunas.The Bitcoin ETFs experienced a 12% spike in volumes compared to Thursday and a 53% increase from Wednesday. Balchunas underlined the fierce competition between $FBTC and $IBIT to get to the top of the chart. With a combined daily volume […]

India’s Union Budget for 2024 will be presented by the Finance Minister on February 1, before the upcoming general elections. Every budget has some key components that determine the country’s economic policies. The revenue budget is one such component of the Union Budget. The revenue budget focuses on the projected earnings and expenditures of the […]

With artificial intelligence (AI) sector booming, Elon Musk’s xAI is making strides toward its ambitious $1 billion funding target. Bloomberg noted in its report on Friday that the AI venture has secured $500 million in commitments from investors. xAI is reportedly in discussions regarding a valuation ranging from $15 billion to $20 billion. Sources told the paper […]

The Securities and Exchange Commission (SEC) has initiated a public comment period regarding Nasdaq’s proposal to permit options trading on BlackRock’s iShares Bitcoin Trust, a spot bitcoin ETF. SEC Solicits Public Opinion on Proposal The SEC’s move to open a 21-day comment period reflects its willingness to consider expanding the scope of cryptocurrency-related financial products […]

Marco Ruiz Ochoa, the former CEO of IcomTech, in a U.S. district court on Friday, received a five-year prison sentence for his involvement in a crypto firm, which, as federal prosecutors revealed, operated akin to a Ponzi scheme. This decision came after his September guilty plea to wire fraud charges. IcomTech Fake Promises IcomTech, posing […]

A country’s budget is one of the most important factors in deciding its upcoming growth and taxation. For India, the Union Budget for 2024 is scheduled to be announced on February 1st. However, besides the annual financial statement, the most important part of a budget lies in its audio, i.e. The Speech. What is the […]

A whale transaction involving a massive transfer of 4.2 trillion Shiba Inu (SHIB) tokens, valued at $38 million, was recorded. Whale Alert, a popular tracker of large cryptocurrency transactions, flagged this transfer from the Bitvavo exchange to an unidentified wallet. The move has generated considerable interest and speculation within the cryptocurrency community regarding the recipient’s […]

Horst Jicha, the CEO of USI Tech, is facing severe charges for orchestrating a fraudulent scheme that deceived investors out of $150 million. Jicha, a 64-year-old German national, was arrested in December, marking a significant turn in a saga that began in 2018 with cease and desist letters from U.S. and Canadian regulators.  Promises Too […]

XRP price recently entered a bearish phase, falling to sweep fresh liquidity over the past day. This shift indicates a stronger bearish presence in the market, especially noticeable in the last week. Despite these fluctuations, optimism remains for XRP’s short-term performance. Over the past 24 hours, the cryptocurrency market has observed a notable decline in […]

The rise of TrueUSD (TUSD) as a stablecoin has seen many card providers integrate the token as a part of their services. In one such partnership, Bit.Store on Friday announced a new collaboration with TUSD. The Berlin-based crypto card provider will now integrate TUSD as a tradable cryptocurrency for its card recharge. Bit.Store to offer […]