In an exciting turn of events witnessed within the cryptocurrency landscape, Ethereum whale accumulations appear to be on the rise as the token’s price has recently noted a significant downturn. As per on-chain data surfacing over the crypto horizon, two prominent whales appear to be on a buying spree, accumulating Ethereum at price dips. These […]

UMA, the native cryptocurrency of the Universal Market Access protocol has witnessed a strong rally gaining over 80% in the last 12 hours. At press time, UMA is trading at $3.79 with a market cap of $283.5 million. UMA Price Leads to $3 Million Short Liquidations As per data from Coinglass, the sudden UMA price […]

Bitcoin bull Cathie Wood on Friday reiterated her bullish case on Bitcoin, with Elon Musk agreeing with her. Wood hails the Bitcoin network – much larger than the combined size of the cloud infrastructure built by Amazon, Google, and Microsoft over the last 15–20 years. Meanwhile, Cathie Wood’s Ark fund has further offloaded holdings in […]

The crypto market was navigating turbulence on Friday, with major digital assets tumbling. After a brief but spectacular rally following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US, the OG cryptocurrency Bitcoin has seen a steady decline in its prices. Headwinds for the crypto market continue to linger, with more than $247 […]

In the Union Budget 2022, the Indian Government announced new tax policies for interacting with virtual digital assets or cryptocurrencies in the country. The Central Board of Direct Taxes (CBDT) issued a circular in June 2022, which included various guidelines outlining the tax rules for digital currencies. The “1% TDS on crypto” is the tax […]

In a whirlwind of advancements witnessed throughout the cryptocurrency landscape, TRON founder Justin Sun’s HTX DAO appears to have marked a tempest of strides globally as the organization is now poised to receive staggering investments for its ecosystem development. As per a recent statement issued by HTX DAO (Decentralized Autonomous Organization), the firm triumphantly announced […]

The crypto market witnessed a broader selloff on Friday, causing the global crypto market cap to fall almost 4% to $1.61 trillion. The Friday’s expiry wreaks havoc on traders and investors, with nearly $250 million liquidated over the last 24 hours. The Crypto Fear & Greed Index slips from 63 (greed) to 56 (neutral). Bitcoin […]

After the 11 Spot Bitcoin ETFs made their debut last week, they experienced a pullback since the first day itself. The fifth day of trading wasn’t an exception and left all the Bitcoin ETFs bleeding. Moreover, Grayscale’s GBTC grabbed the spotlight again, but of course not in a positive way. Grayscale Bitcoin ETF Registers Massive […]

In a flurry of innovations witnessed across the Chinese crypto landscape, a Hong Kong-based financial services company recently announced plans to seek approval for a spot Bitcoin ETF launch within the nation. If approved, the country is poised to emerge as the second significant powerhouse to commence Bitcoin ETF trading, following the U.S. Notably, Venture […]

In a groundbreaking move, Meta Platforms, led by CEO Mark Zuckerberg, is gearing up to enter the fierce competition in the development of super artificial intelligence (AI), aligning with industry giants Google and Microsoft. Meanwhile, the quest for artificial general intelligence (AGI) takes center stage as Meta commits to creating AI capable of matching human […]