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 […]

Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by the broader market’s uncertainty, especially around the Bitcoin ETF launch. From a recent high of $0.677, the ADA price has fallen by approximately 30%, currently trading around $0.497. Despite this downturn, there is a silver lining: […]

Amidst the growing popularity and adoption of Artificial Intelligence (AI), two scientists from Google DeepMind are considering breaking out to create their own AI firm. Google DeepMind Experts in Search of Funding At the moment, these Alphabet Inc. technology experts are engaging investors, telling them about their plans and the modalities to set up an […]

The U.S. Court of Appeals in Philadelphia has mandated the appointment of an independent examiner to scrutinize the downfall of FTX, the once-dominant cryptocurrency exchange. This decision, overturning a prior ruling, underscores the profound impact of FTX’s collapse on investors and the broader crypto industry. This decision, overturning a previous ruling, comes amid the ongoing […]