Post the Bitcoin ETF approvals in the last week, the BTC price has been showing a muted performance with its price hovering around $42,000 levels. Although Bitcoin gave a run-up to $48,000 during the time of the ETF approval, the selling pressure thereafter has been impactful. Large Bitcoin Wallets Moving Older Coins In recent insights […]

The crypto market experienced a substantial influx of funds last week, with a reported $1.18 billion flowing into digital asset investment products. CoinShares noted this significant activity in its latest report due to the spot Bitcoin ETF launch. But it highlighted that the inflows didn’t surpass the record of $1.5 billion set during the launch of Bitcoin […]

The United Nations Office on Drugs and Crime (UNODC) has recently released a concerning report highlighting the misuse of cryptocurrency in the burgeoning illicit economies of East and Southeast Asia. This development marks a significant challenge for global law enforcement agencies as criminals increasingly leverage digital currencies and modern technology.   Sophisticated Cyber Fraud and Illegal […]

In 2023, the Circle-backed stablecoin USDC experienced both challenges and growth, according to a recent report by the issuer. The number of individual USDC wallets with a balance of at least $10 grew by 59% last year. The increase took it to approximately 2.7 million. Circle noted USDC’s adoption and utility in the latest ‘State […]

In a series of posts on X, ChainArgos, a blockchain intelligence firm, has raised serious allegations about the Polygon network. The allegations are particularly about token allocations and suspicious transfers to exchanges. ChainArgos investigation claims discrepancies between Polygon’s publicly stated plans for token allocation and the actual movement of tokens. According to the firm, a […]

Elon Musk’s X Payments LLC has received the Money Transmitter License from the United States of Utah, consolidating its efforts to bring digital banking to the country and around the world.  The X Payments License The X Payments license became effective as of January 12 and is bound to last through the year at the […]

Bitcoin exchange-traded funds (ETFs) have been the talk of the investment town ever since the SEC gave a green signal for its trading. However, it is important to note that investing in ETFs comes with its risks. With a bunch of investors ready to trade their money, here is all one needs to know about […]

Jeremy Hogan, an expert in cryptocurrency law, has recently brought to light the critical legal showdown between the U.S. Securities and Exchange Commission (SEC) and Coinbase. This case, expected to be a landmark in the crypto world, could set significant precedents for the future of cryptocurrency regulation in the United States. Key Insights from Past […]

Dogecoin Price Prediction: The current downtrend in Dogecoin price can be traced using a descending resistance trendline. This decrease can be largely attributed to the widespread uncertainties surrounding the approval of a Bitcoin spot ETF. During this period, DOGE experienced a significant drop of 24%, declining from a high of $0.107 to a current price […]

Chainlink price has shown notable trends in early 2024, consistently oscillating between $13 and $17 since November 8. This behavior signals a robust bullish trend, however, the asset faces bear resistance, mirroring the broader market’s volatility. This fluctuation underscores the unpredictability in the cryptocurrency realm as investors navigate through the challenging crypto scene.  Chainlink price […]