Binance, the world’s largest crypto exchange, on Tuesday said it plans to reduce its shareholding in Gopax, one of the largest crypto exchanges in South Korea. Binance acquired majority stake in Gopax to re-enter South Korea’s crypto market in February last year but faced setbacks from South Korea’s Financial Services Commission (FSC) and the U.S. […]

In a recent development, the U.S. Securities and Exchange Commission (SEC) has taken decisive action against the suspected orchestrators of the $1.7 billion HyperFund cryptocurrency pyramid scheme. Notably, Xue Lee, also known as Sam Lee, and Brenda Chunga, aka Bitcoin Beautee, find themselves at the center of a legal storm for their involvement in orchestrating […]

The Federal Open Market Committee (FOMC) meeting has been slated to begin on Wednesday, January 31. A lot is riding on the Fed’s decision as there’s a 50-50 chance of it either introducing a rate pause or implementing a rate cut in March. The crypto market is ecstatic since there are almost negligible possibilities of […]

In a strategic move reflecting the growing apprehension among traders, cryptocurrency giant Binance has yielded to demands from customers seeking a safer haven for their assets. Notably, the crypto exchange, facing heightened scrutiny since last year’s hefty fine by U.S. authorities, is now allowing select traders to store their assets with independent custodians, notably Switzerland’s […]

After seeing some selling pressure last week, the Bitcoin price is showing strength once again reaching all the way to $43,500 levels earlier today. The Bitcoin price revival comes amid optimism around the upcoming FOMC meeting. Interestingly, the GBTC outflows have also slowed down while Bitcoin ETF inflows remain intact. The GBTC OutFlows Drop Under […]

FOMC Meeting: The U.S. Federal Reserve System officials will meet today for the Federal Open Market Committee (FOMC) meeting for monetary policy discussion, with the interest rate decision scheduled on January 31. The global stock and crypto markets will keep an eye on Fed Chair Jerome Powell’s press conference for cues. The Fed kept the […]

The broader cryptocurrency has been experiencing some volatility with Bitcoin (BTC) and other altcoins making a move upwards. On Monday, the Bitcoin price jumped to $43,500 amid the optimism among investors for the upcoming FOMC meeting this week. On the other hand, the Tether (USDT) supply on the exchanges is growing which could provide more […]

Tech giant Google has finally revised its advertising policies while allowing crypto trust products such as the newly launched Bitcoin exchange-traded-funds (ETFs) to appear as ads on Google search results. It looks like top market players like VanEck, BlackRock, and Franklin Templeton are already running advertisements for their Bitcoin ETF offerings in the U.S. Google […]

The upcoming Union Budget for 2024 has led India’s cryptocurrency industry to anticipate key changes that could impact the sector’s growth. Nischal Shetty, the co-founder of crypto exchange WazirX and Layer 1 blockchain Shardeum, highlighted the need for adjustments in taxation rules. He stated, “The crypto industry looks forward to the Union Budget helping the crypto […]

The crypto prices today indicate a complete positive shift since Bitcoin (BTC) has now surpassed the $43,000 mark while several major altcoins are rallying. In addition, Ethereum (ETH), the second-largest crypto by market cap, witnessed a noteworthy upswing today. On the other hand, the Cardano (ADA) price surged nearly 8%. Major Crypto Prices Today The […]