A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
After the approval of the 11-spot Bitcoin (BTC) ETF on January 11, expectations are high for more developments in the market. Also, the discussion around potential exchange-traded funds for various digital assets has intensified. Also, the U.S. Securities and Exchange Commission’s (SEC) green light for eight Spot Ethereum ETFs on
July 11, 2024 2 mins read
BitMEX, a leading cryptocurrency exchange based in the Seychelles, has pleaded guilty to breaching the Bank Secrecy Act (BSA) between 2015 and 2020, as announced by the U.S. Department of Justice (DOJ) on Wednesday. Court documents reveal that BitMEX intentionally failed to implement a know-your-customer (KYC) and anti-money laundering (AML)
July 11, 2024 1 min read
Amidst a backdrop of green across the global crypto market charts, Avalanche (AVAX) continues its upward momentum, breaching the $23.50 mark. The AVAX market sentiment remains positive amidst its push toward the $30.25 resistance level. In the past 24 hours, AVAX has surged over 8.43%, reaching a high of $27.38
July 10, 2024 1 min read
Zodia Markets, a cryptocurrency subsidiary of Standard Chartered, is reportedly on the verge of acquiring Elwood Capital Management. This move signifies the growing intersection of traditional banking and the burgeoning crypto sector. The parties have not officially confirmed the deal. Yet, the acquisition is anticipated to be finalized by the
July 10, 2024 2 mins read
Despite the German government and Mt. Gox selling pressures, the global crypto market displayed a notable rebound, driven by Bitcoin’s (BTC) recovery on July 10. This upward movement comes in the wake of recent market turbulence, as Bitcoin climbed nearly 4.20% to approach the $59,500 zone. At the time of
July 10, 2024 2 mins read
The US Senate Committee on Armed Services has directed the Department of Defense to explore blockchain technology for enhancing national security, particularly in supply chain management. This move comes as part of the fiscal year 2025 National Defense Authorization Act (NDAA), highlighting blockchain’s potential to support data integrity and combat
July 9, 2024 1 min read
Amidst a backdrop of easing bearish pressures across the global cryptocurrency market, the lading memecoin Shiba Inu (SHIB) has positioned itself with a series of strategic updates aimed at navigating towards a potential recovery. Following the conclusion of the IVS Crypto event in Kyoto, Shiba Inu’s pseudonymous lead developer, Shytoshi
July 9, 2024 2 mins read
BlackRock’s BUIDL token, created in partnership with Securitize and backed by U.S. Treasuries, has exceeded a market value of $500 million. Ethereum blockchain data from Etherscan confirmed the milestone on Monday. BUIDL token was introduced in mid-March and rapidly accumulated $502.8 million in tokenized treasuries within four months. This significant
July 9, 2024 2 mins read
Today marks a significant recovery in the global cryptocurrency market, led by Bitcoin (BTC) as it surged to the $56,500 zone. This bullish momentum has positively impacted nearly all cryptocurrencies, with notable gains across the board. Following the uptrend momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have shown significant rebounds
July 6, 2024 1 min read
Today, the global cryptocurrency market is displaying a resurgence, with Bitcoin rebounding from a recent dip of $53,489 to surpass the $56,000 mark. At the time of writing, Bitcoin’s price is trading at $56,650, marking a 3.87% increase in the past 24 hours. This recovery follows significant inflows of $143.1
July 6, 2024 2 mins read