The world’s largest cryptocurrency Bitcoin (BTC) has experienced substantial selling pressure recently with the BTC price crashing to $40,000 earlier today. This has happened as there have been large outflows from the Grayscale Bitcoin Trust (GBTC) moving into the newly launched Bitcoin ETFs. Bitcoin Price Can Correct to $34,000 Renowned crypto analyst Ali Martinez has […]
Manta Network Sparks Money Laundering Concerns In South Korea Amid Binance Listing
The Manta Network, a zero-knowledge L2 blockchain, has come under scrutiny amid allegations of money laundering in South Korea on the day of its listing on Binance, Bithumb, and KuCoin. These allegations suggest that the money laundering activities were conducted via the Bithumb exchange. This comes after the Manta Network faced a DDoS attack on […]
Bitcoin Dumping Continues As BTC Price Tanks Under $41,000, Is Grayscale Behind This?
The world’s largest cryptocurrency Bitcoin (BTC) continues to face strong selling pressure while extending its losses further by 3.45% on Thursday, and slipping under $41,000. With this, Bitcoin has extended its weekly losses in double digits to more than 10%. At press time, the BTC price is trading at $40,896 with a market cap of […]
US SEC Delays Resolution of Fidelity Spot Ethereum ETF to March
While the U.S. Securities and Exchange Commission (SEC) has finally approved the spot Bitcoin ETFs, financial players are pushing for a similar product for Ethereum. However, on Thursday, January 18, the SEC delayed a resolution on the spot Ethereum ETF from Fidelity. Ethereum ETF Resolution Delayed to March 2024 The U.S. Securities and Exchange Commission […]
Just In: Bitcoin ETF Vaults the Token Past Silver with $27.5 Billion in Assets
Bitcoin has just surpassed silver to become the world’s second-largest commodity ETF, indicating crypto’s rapid growth as an investment. Data compiled by investor Jason A. Williams shows that Bitcoin ETFs have amassed $27.5 billion, placing them behind gold’s $96 billion but ahead of silver’s $11.5 billion. BREAKING NEWS : In WEEK 1 #Bitcoin overtakes silver to become […]
Union Budget 2024: How Budget Document is Compiled & Presented in Lok Sabha
The process of compiling and presenting India’s budget document is a detailed and extensive procedure. While the Finance Minister will present the Union Budget 2024 in the Parliament on February 1, the preparations for the document began in H2 2023. The budget file contains 14 crucial documents that hold the Annual Finance Statement, Demand for […]
Crypto Crime Trend: Sanctioned-Transactions Surged Despite Recovery in 2023
According to the latest report by Chainalysis, the cryptocurrency industry experienced a notable recovery in 2023. The previous year’s trend signaled a turnaround from the challenges faced in 2022. The analysis company noted a drop in crypto crime instances in the year. The report suggests that with crypto assets rebounding and increased market activity throughout […]
Trump’s NFT Comeback: Mugshot Trading Cards To Hit Bitcoin Ordinals Amid Election Hype
Former President Donald Trump is reportedly set to make his debut on Bitcoin Ordinals. The announcement, made by CollectTrumpCards on X, revealed the minting of Trump Digital Trading Cards NFTs on Bitcoin. The launch noted that it is offering the purchase of 100 Trump Digital Trading Cards using WETH. Trump Trading Cards in this series […]
US Treasury Pushes for Crypto Regulatory Framework
U.S. Treasury Assistant Secretary for Financial Institutions Graham Steele has emphasized the need for regulatory standards in the crypto sector. During an event at George Washington University Law School, Steele highlighted the opportunity for U.S. lawmakers to establish regulatory frameworks before any potential crisis in the crypto industry arises. Drawing parallels with past financial regulations […]
Solana Mobile Prints Historic Orders Ahead of New Edition Launch
Solana Mobile is gearing towards the launch of its new smartphone after Saga and the number of preorders made in this short time is applaudable. Record Solana Mobile Phones Pre-Ordered According to a Jan. 18 X post, about 30,000 units of the new Solana Mobile edition have been paid for on pre-order in less than […]