American investment management firm BlackRock has updated its spot Bitcoin ETF prospectus. The firm’s BTC ETF, dubbed the iShares Bitcoin Trust (IBIT), remains the largest in the market per Assets Under Management (AUM) besides the Grayscale Bitcoin Trust (GBTC). What is New With BlackRock Spot Bitcoin ETF? According to an update shared by Bloomberg’s Senior […]

Shiba Inu coin price dodders sideways like other leading cryptos in the market. Despite the dismal start to the week easing into widespread consolidation, prices have not moved much. However, if the current technical structure continues to improve, a major breakout would be anticipated this weekend, with SHIB exploding by a staggering 70% to tag its highest […]

FTX’s bankruptcy administrators have liquidated a large portion of their Solana (SOL) token holdings. This sale involved between 25 million and 30 million locked-up SOL coins, priced at $64 each. The transaction raised $1.9 billion for the FTX estate. Given the token’s value at approximately $172 at the time, this sale marks a pivotal moment, […]

Crypto Price Prediction: The cryptocurrency market continues to waver in uncertainty accentuating a period called pre-halving consolidation. The lack of initiation from buyers or sellers has led to a sideways action in Bitcoin, wavering around $67000 for nearly a month now. Despite a short-lived rebound to $69K on Thursday, the trader’s sentiment largely remains pessimistic, […]

The cryptocurrency sector is witnessing a transformation with the emergence of AI-driven altcoins, poised for unprecedented growth. As Bitcoin’s influence wanes, priced near $66,900, investors are eyeing the expiration of 18,000 Bitcoin options with interest.  In this shifting landscape, five altcoins, Bittensor (TAO), Fetch.AI (FET), SingularityNET (AGIX), The Graph (GRT), and Arkham (ARKM), emerge as […]

After completing successful Financial Intelligence Unit (FIU) registration in India, KuCoin, a popular crypto exchange, was slammed with allegations of compromising user privacy. Hence, it issued a statement to clear doubts of its users. KuCoin addressed the rumors of sharing user data with the Government of India to attain FIU registration. KuCoin Responds To User […]

Investors awaited the release of crucial U.S. job data, including nonfarm payrolls, to gauge the nation’s economic health and potential Federal Reserve actions. The figures, encompassing unemployment rates and hourly wages, were anticipated for insights into future Fed rate adjustments. As the data emerges, indicating a robust surge in nonfarm payrolls for March from the […]

Monochrome Asset Management, a prominent Australian investment firm specializing in regulated digital assets, has made waves in the financial world by unveiling plans to introduce Australia’s very first Bitcoin spot ETF. This groundbreaking move, slated for a release in 2024,  is contingent upon obtaining the necessary approvals from both market operators and regulatory bodies. With […]

In an attention-grabbing chronicle witnessed within the cryptocurrency universe, Cardano founder Charles Hoskinson recently took to a post on X, stating, “Wall Street give; Wall Street take,” pointing towards Grayscale’s recent removal of ADA in its GDLC (Grayscale Digital Large Cap Fund) portfolio. This statement by the Cardano founder underscored the influence of Wall Street […]

The Polygon crypto has been under scrutiny among investors, despite a minor dip of nearly 2% in the MATIC price on April 5. Notably, recent developments, including the unveiling of cdk-erigon for Polygon’s zkEVM on March 29, have piqued interest among the market participants over crypto. However, amid the recent market volatility, concerns arose following […]