Samson Mow, known for his candid views on the crypto space, has ignited controversy by dubbing Ethereum as the “stupid man’s Bitcoin.” However, Mow, who shared his unfiltered thoughts on the X platform, didn’t stop there. When a user questioned the title for XRP holders, Mow intriguingly labeled it a “tricky one.” The cryptocurrency maverick […]

BlackRock, Bank of America, and others do not expect rate cuts coming in the next few months this year, postponing the earlier plans of starting rate cuts in March. The U.S. Federal Reserve kept the fed funds rate steady at 5.25%-5.5% for a third consecutive meeting in December as inflation continues to cool and Fed […]

In a recent revelation, Howard Marks, Co-founder of Oaktree Capital Management, has ignited a fresh perspective in the ongoing debate between Bitcoin and Gold. Notably, Marks contends that when it comes to intrinsic value, both assets stand on equal footing. Meanwhile, this departure from the traditional narrative comes as Oaktree, an asset-management firm founded in […]

The US-listed spot Bitcoin exchange-traded funds (ETFs) have cumulatively bought about 68,500 Bitcoin (BTC) since their launch, valued at $2.8 billion, according to data provided by X account CC15Capital. Notably, the data doesn’t include numbers for the Grayscale Bitcoin Trust (GBTC), which continued to see outflows on the fifth trading day. The data also showed […]

Cardano (ADA), the eighth largest crypto by market cap, has been suffering due to the recent bearish trend. However, ADA supporters can be relieved since an analyst has made a bold prediction for the Cardano price. The crypto analyst expects ADA to surge past $7 in the next bull run. When Will Cardano Hit $7? […]

In an exciting turn of events witnessed within the cryptocurrency landscape, Ethereum whale accumulations appear to be on the rise as the token’s price has recently noted a significant downturn. As per on-chain data surfacing over the crypto horizon, two prominent whales appear to be on a buying spree, accumulating Ethereum at price dips. These […]

UMA, the native cryptocurrency of the Universal Market Access protocol has witnessed a strong rally gaining over 80% in the last 12 hours. At press time, UMA is trading at $3.79 with a market cap of $283.5 million. UMA Price Leads to $3 Million Short Liquidations As per data from Coinglass, the sudden UMA price […]

Bitcoin bull Cathie Wood on Friday reiterated her bullish case on Bitcoin, with Elon Musk agreeing with her. Wood hails the Bitcoin network – much larger than the combined size of the cloud infrastructure built by Amazon, Google, and Microsoft over the last 15–20 years. Meanwhile, Cathie Wood’s Ark fund has further offloaded holdings in […]

The crypto market was navigating turbulence on Friday, with major digital assets tumbling. After a brief but spectacular rally following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US, the OG cryptocurrency Bitcoin has seen a steady decline in its prices. Headwinds for the crypto market continue to linger, with more than $247 […]

In the Union Budget 2022, the Indian Government announced new tax policies for interacting with virtual digital assets or cryptocurrencies in the country. The Central Board of Direct Taxes (CBDT) issued a circular in June 2022, which included various guidelines outlining the tax rules for digital currencies. The “1% TDS on crypto” is the tax […]