Bitcoin, the world’s first-ever digital currency, once again curated a hurricane of speculations across the global crypto landscape on Monday following noteworthy whale activity recently registered by the token. Notably, as per blockchain data unveiled within the broader crypto market, over 3000 BTC on the go, nabbed the attention of crypto market traders and investors […]

Ethereum, a leading cryptocurrency, has been on an upward trajectory for the past few months. The cryptocurrency value has soared from under $2,000 to $2,400, indicating a positive trend. However, the current market displays mixed sentiments about its future direction. The digital currency has been fluctuating within a defined range, showing signs of both strength […]

The UK financial landscape is evolving with the introduction of the Digital Securities Sandbox (DSS). This initiative, managed by the Financial Conduct Authority (FCA) and the Bank of England, marks a shift towards blockchain technology in trading securities. The change, effective today, brings blockchain under the purview of the Financial Services and Markets Act, enabling […]

As the crypto community continues to eagerly await the Security and Exchanges Commission’s (SEC) decision on the spot Bitcoin ETF, Hashdex may miss out on the first wave of launch. Hashdex is Yet to Submit the Latest Amendment Unlike several other applicants, it appears Hashdex has missed the deadline set by the regulator for submission […]

Bit24.cash, an Iranian crypto trading platform, has reportedly exposed sensitive data belonging to almost 230,000 users. This incident, uncovered by Cybernews, raises serious concerns about the security measures implemented by digital currency exchanges, particularly in the realm of user data protection. Details of the Security Breach The investigation by Cybernews revealed that Bit24.cash had a […]

Kicking off 2024 on a high note, Coinshares’ Digital Asset Fund Flows Weekly Report reveals a robust start with inflows totaling $151 million. Meanwhile, among other assets, Bitcoin takes center stage, witnessing the lion’s share at $113 million, contributing to the cumulative $2.3 billion influx since the Grayscale vs SEC lawsuit. Notably, as digital assets […]

As the crypto market grapples with uncertainties surrounding the approval of Bitcoin spot ETFs, Chainlink (LINK), the 14th largest cryptocurrency, has entered a correction phase since the end of December. The price of LINK tumbled from a peak of $17.26 to $13.7, marking a 22.3% loss in just two weeks. This downturn also saw the […]

The crypto community is breathlessly waiting for the imminent approval of the first spot Bitcoin exchange-traded funds (ETFs) in the US by the Securities and Exchange Commission (SEC). Although cryptos faced intense headwinds over the weekend, the outlook from the Bitcoin price perspective elucidates the likelihood of a massive breakout. Bitcoin Price On The Move To $50k […]

An article posted by the Shanghai Municipal Tax Service explained taxes on digital currency transactions in China. It sparked speculations regarding a potential relief of the stringent China crypto ban regulations. The explainer was titled “Common Misunderstandings Regarding Personal Income Tax on Business Income and Categorised Income.” According to a report by the South China […]

As the January 10th deadline approaches, major financial players, including BlackRock, Ark, Fidelity, Invesco, Galaxy Digital, WisdomTree, and Valkyrie, have made a decisive move in the race to launch the first spot Bitcoin ETF in the United States. These firms have submitted their final Form S-1 amendments to the Securities and Exchange Commission (SEC), signaling […]