Goldman Sachs executive Sharmin Mossavar-Rahmani warned investors about Bitcoin ETFs not being an ideal investment portfolio on Friday. According to a report by The Wall Street Journal, Sharmin said digital currencies are still more like a roulette. The remarks come after Goldman Sachs was previously debating on entering the Bitcoin ETF space. Goldman Sachs executive […]

UK police have issued a stark warning against the cryptocurrency platform Coscoin, which is embroiled in a £215k scam. This alert follows numerous reports of fraudulent activities connected to the platform, which promised high investment returns. Rising Concerns Among Investors The recent BBC report shed light on Coscoin’s operations, which claimed to utilize advanced AI […]

According to the latest H2 2023 report from Big Blockchain Games List, the blockchain gaming industry is experiencing a significant shakeout. Data shows that out of 1,322 blockchain games ever listed, 407 (31%) have now ceased operations. During the last six months, 162 games, or 15% of the total, have been discontinued. Of these, 50 […]

Auction house Sotheby’s has opened bidding for its Bitcoin Ordinals collection following the conclusion of its first auction of this same digital collectible last year in December.  Bitcoin Ordinals Auction: Ongoing Curated Sale The collection auction dubbed “Natively Digital: An Ordinals Curated Sale,” contains 19 pieces of the Bitcoin Ordinals including some rare Satoshis, work from […]

Senate Finance Committee Chair Sen. Ron Wyden, D-Ore., and Sen. Cynthia Lummis, R-Wyo., have requested an investigation into the recent security breach of the U.S. Securities and Exchange Commission’s (SEC) social media account. This request follows a misleading tweet about Bitcoin ETF approval that raised concerns over cybersecurity protocols within the agency. Senators Call for […]

The second day of trading for the new Bitcoin exchange-traded funds (ETFs) saw volumes nearing $900 million at press time. Eric Balchunas, senior ETF analyst with Bloomberg, highlighted that the figures on Friday significantly outpaced the opening day. The group of newly launched ETFs, referred to by Balchunas as the “Nine Newborns,” have captured the […]

JPMorgan has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) potential approval of spot Ethereum ETFs by May. In a recent interview, Nikolaos Panigirtzoglou, a figure at JPMorgan, emphasized the SEC’s need to categorize Ethereum as a commodity akin to Bitcoin to facilitate such approval. However, Panigirtzoglou conveyed his reservations, stating, “This is far […]

The world’s largest cryptocurrency by market capitalization Bitcoin (BTC) dropped swiftly below $43,000 but is now trading at $43,317.92, after a 5.90% price plunge in the last 24 hours. GBTC Dump and BTC Slump Veteran crypto trader crypto trader and the CEO of Blockchain Investment Fund and Advisory service Ran Neuner attributes the price dip […]

The Reserve Bank of India (RBI) Deputy Governor Michael Patra has been reappointed for another year, effective January 15. The Appointments Committee of the Cabinet (ACC) confirmed Patra’s extended tenure, which could impact India’s stance on crypto regulation. Patra reportedly joined the RBI in 1985, and has had experience in different roles within the central […]

Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), recently shared his views on the newly launched spot Bitcoin exchange-traded funds (ETFs) and addressed concerns raised by Senator Elizabeth Warren about integrating cryptocurrencies into the financial system. His remarks came during an interview with CNBC following the SEC’s approval of several spot […]