Once again, BlackRock’s spot Bitcoin ETF is leading the others in terms of trading volume with $341.2 million recorded on February 7, 2024. BlackRock Leads Spot Bitcoin ETF Performance Data from Bloomberg Intelligence shows the broad spot BTC ETF market registered a total volume of more than $1 billion on the said date and a […]

Crypto markets have long tried to pick up cues to take an upward trajectory. However, since Bitcoin ETFs were approved, the digital asset world has been severely rangebound. An event that could have provided some sense of relief for the crypto markets was the US Fed’s interest rate decision. However, the hawkish tone from various […]

OpenAI, backed by Microsoft, is gearing up to revolutionize task automation with its latest venture into agent software. This cutting-edge technology aims to streamline complex tasks by seamlessly taking control of users’ devices, heralding a new era of efficiency and productivity. Meanwhile, as the world eagerly anticipates the deployment of these innovative assistants, OpenAI’s CEO […]

Once touted as the ‘Bitcoin saviour’, crypto firm Bakkt has recently announced that it’s getting dry of cash to continue any further operations. The announcement came on Wednesday, February 7, through its filing with the U.S. Securities and Exchange Commission (SEC). Bakkt Raises Concerns for Investors In a recent filing with the Securities and Exchange […]

Vitalik Buterin, co-founder of Ethereum, became a victim of fraudsters using deepfake technology again. Security analysts at CertiK have released a new video on deepfakes, revealing that Buterin is endorsing a phishing website for draining wallets. This is yet another episode in the dangerous trend whereby increasingly credible digital fakes are used to manipulate the […]

In a new report that highlighted how cryptocurrency makes everyday finance fairer, cheaper, and easier, Coinbase shared its insights on how much Americans would have saved in Credit Card fees in 2022 had they adopted blockchain.  Coinbase Highlights Need for Crypto Embrace in the US In its latest “State of Crypto Report“, American cryptocurrency exchange […]

Florida-based financial services provider TradeStation Crypto, Inc. has settled with the Securities and Exchange Commission (SEC) and state regulators to pay $3 million in penalties. This settlement addresses claims that the firm unlawfully sold and marketed an unregistered crypto-lending product to investors. This incident highlights the growing attention paid by regulatory bodies to crypto-based financial […]

Bitcoin price is struggling to recover from the sell-off triggered by the green light for 11 BTC ETFs. The market mood is still gloomy as investors worry about the impact of these new products. However, there is hope that the Bitcoin halving in 2024 will boost the leading crypto’s momentum and keep it on an upward […]

The U.S. Treasury Department has brought to light an emerging issue within the financial domain, revealing a spike in cryptocurrency misuse by criminal actors. In its 2024 National Risk Assessments, the department goes into detail on urgent matters of money laundering, terrorist financing, and proliferation financing, which is a very complex picture that needs to […]

Stablecoin issuer Paxos has inked a new strategic partnership with Chainlink to accelerate the use of PayPal USD (PYUSD) for on-chain transactions. Chainlink Price Feed for PayPal USD As part of the alliance between Chainlink and the leading regulated blockchain infrastructure and tokenization platform, the former has introduced the PYUSD Chainlink Price Feed on the […]