XRP price has shown a promising upward movement in recent days, catching the attention of many within the cryptocurrency community. In the last 24 hours, significant bullish momentum has pushed the leading cross-border money remittance token beyond the previously observed resistance level of $0.53. The XRP price currently stands at $0.534, reflecting a more than […]
BlackRock’s Bitcoin ETF Surpasses 100,000 BTC Milestone
BlackRock’s iShares Bitcoin Trust (IBIT) has achieved a remarkable milestone by amassing 100,000 BTC under its administration. This achievement positions IBIT as a major player in the cryptocurrency investment landscape. IBIT’s recent feat makes it the first Bitcoin ETF in the United States to facilitate trading of such a substantial amount. The regulated arena of […]
Binance Coin Price Rally Emerged From Bullish Pattern Eyes $400, Enter Now?
Binance Coin Price: Amid the current recovery trend in the crypto market following the Bitcoin price rally to $50000, the BNB price pickup momentum is above the $300 mark. The renewed buying pressure surged the coin price by 12% within a fortnight to currently trade at $333. This recent uptick bolstered buyers for a bullish […]
Crypto.com Applies For Hong Kong License Amid Tighter Regulatory Crackdown
In a bid to secure a presence in Asia’s thriving crypto market, the U.S.-based crypto exchange Crypto.com has formally applied for a license from the Hong Kong Securities and Futures Commission (SFC). With Hong Kong bracing for tighter regulations in the crypto domain, Crypto.com is gearing up for tough regulatory compliance. Crypto.com Applies For Hong […]
Spot Bitcoin ETFs Now Hold 1% of Total Supply as Price Hits $52K
The spot Bitcoin ETF market is seeing impressive traction with the total value locked has now surpassed 216,309 BTC from 9 active issuers. Spot Bitcoin ETF Milestones Since the spot BTC ETF products have been greenlighted by the United States Securities and Exchange Commission (SEC), there has been a consistent inflow into the market as […]
Gary Gensler Reiterates Bitcoin’s Role in Ransomware, Post ETF Approval
In his statement to CNBC, SEC Chairman Gary Gensler again expressed his concerns about cybercriminals using cryptocurrencies such as Bitcoin to stage insidious ransomware attacks. This column proposes to follow the SEC’s approval of eleven Spot Bitcoin exchange-traded funds (ETFs) in January, constituting a landmark for the cryptocurrency sector. Although Gensler received the approvals, he […]
Crypto Payments Scrutiny Intensifies with New Japanese FSA Guidelines
In a recent development initiated by Japan’s Financial Services Agency (FSA), financial institutions across the nation are now advised to strengthen their surveillance on what is called “illegal” transfers to cryptocurrency exchange providers. This order is directly following a comprehensive review by Japan’s National Police Agency that correlates a large portion of the damages caused […]
Sharbi Launches FETCH Bridge Between Shibarium, Ethereum and Arbitrum
Sharbi, the top overall coin launched by the Shiba Inu community on the L2 Shibarium, marked a cyclone of breakthroughs recently as it announced plans to launch FETCH, a one-of-its-kind multichain bridge that connects Shibarium, Ethereum, and Arnitrum. Forged by Solidity.io, a prominent blockchain development firm, FETCH poises to reduce the current off-chain bridging time […]
Bitcoin Price Pre-Halving Rally: Market Cap Hits $1T Surpassing Giants Teslas, Walmart As BTC Tops $51k
The crypto market is stronger than expected this week, sending Bitcoin price above $51,000 for the first time since December 2021. Altcoins, not being left behind, responded with significant strength led by Ethereum (ETH), which has reclaimed support/resistance at $2,700. If BTC crosses above an important weekly resistance from December 2021, this pre-halving rally could continue uninterrupted […]
Coinbase & Other Crypto Stocks Surge As Bitcoin Tops $51K, Rally To Sustain?
The crypto companies listed on the U.S. stock market, including Coinbase, saw substantial gains between 7% and 12% pre-market on Wednesday. The rally was propelled by Bitcoin (BTC) surging past the $1 trillion market value milestone for the first time in over two years amidst a more positive investor sentiment. Coinbase, Riot, Bitfarms Stocks Surge […]