After a strong rally, XRP’s gains have come to a standstill due to a bearish turn. Moreover, major whale activity has been noted amid the price dip. Lately, an XRP whale offloaded nearly $15 million worth of XRP tokens to crypto exchange Bitstamp, which could be detrimental, considering the recent nosedive. XRP Whale Activity: 25 […]

In a strategic move to fortify its global presence, leading cryptocurrency exchange OKX has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). Meanwhile, this significant achievement reflects both OKX’s commitment to regulatory compliance and Dubai’s forward-thinking approach to virtual assets and Web3 technology. OKX Secures VASP License In […]

On February 1, Nirmala Sitharaman, the Finance Minister of India, will present her sixth budget, an interim one. It will be the last one before the upcoming general elections in April-May. Thereafter, the ruling government will make final adjustments to the Interim Budget in June. In the Union Budget 2024, the government aims to build […]

Oracle service provider Chainlink (LINK) has been on investors’ radar recently with more than 8% gains over the last week. On Monday, January 15, the LINK price surged all the way to $16. However, as of press time, the Chainlink price is down 2.69% trading at $15.07 and a market cap of $8.5 billion. Chainlink […]

In a bold response to recent UN allegations, Tether, a leading cryptocurrency platform, has vehemently challenged the characterization of its stablecoin, USDT, as a preferred tool for criminals. The UN’s recent report implicated Tether’s USDT in various illegal activities, including a surge in money laundering and the exploitation tactic known as “pig butchering” in Southeast […]

Hong Kong-based HashKey Group has successfully raised nearly $100 million in a recent funding round. With this achievement, the company now attains “unicorn” status, boasting a valuation surpassing $1 billion. HashKey Group also emphasized that its current valuation stands at over $1.2 billion following this successful funding round. In an official statement released on Tuesday, […]

The crypto prices today were near the flatline, as investors seem to be assessing the potential future moves of the market. Meanwhile, the recent volatile trading and the high selling pressure have dampened the market sentiment, while refraining many traders from taking part in further trading activities. However, the market pundits attributed the recent sell-off […]

Post the Bitcoin ETF approvals in the last week, the BTC price has been showing a muted performance with its price hovering around $42,000 levels. Although Bitcoin gave a run-up to $48,000 during the time of the ETF approval, the selling pressure thereafter has been impactful. Large Bitcoin Wallets Moving Older Coins In recent insights […]

The crypto market experienced a substantial influx of funds last week, with a reported $1.18 billion flowing into digital asset investment products. CoinShares noted this significant activity in its latest report due to the spot Bitcoin ETF launch. But it highlighted that the inflows didn’t surpass the record of $1.5 billion set during the launch of Bitcoin […]

The United Nations Office on Drugs and Crime (UNODC) has recently released a concerning report highlighting the misuse of cryptocurrency in the burgeoning illicit economies of East and Southeast Asia. This development marks a significant challenge for global law enforcement agencies as criminals increasingly leverage digital currencies and modern technology.   Sophisticated Cyber Fraud and Illegal […]