Thu, April 9

BTC Price Nears $28K, Riding High on ETF Expectations. Will it Sustain?

The oldest gem, Bitcoin (BTC), has experienced a significant price jump of 4.5%, rising from $27,001 to $27,963. The surge has been fueled by growing optimism surrounding the potential approval of a Bitcoin exchange-traded fund (ETF) in the near future, igniting bullish hopes within the crypto community. Over the weekend,

October 16, 2023 2 mins read

California Governor Signs Crypto Bill Imposing Tough Regulations

The cryptocurrency bill signed into law by California Governor Gavin Newsom imposes harsher controls on enterprises engaging in crypto activities beginning in July 2025. According to a statement released by Newsom on October 13th, the measure would require people and businesses to be licensed by the Department of Financial Protection

October 15, 2023 2 mins read

Ethereum ‘Whales’ Decrease Holdings While Bitcoin ‘Whales’ Stay Strong

This week, the crypto community learned of a striking discrepancy in the attitudes of the “whales” holding the two largest cryptocurrencies on the market: Bitcoin and Ethereum. On-chain research business Glassnode data shows a dramatic decline in the number of Ethereum “whales” (individuals holding 1,000 or more ETH, or around

October 15, 2023 1 min read

Bitcoin Price Continues to Struggle as Bearish Sentiment Looms

Glassnode reports that over the previous two days, Binance has received Bitcoin worth over $300 million. There were two major inflows marking this surge: over $200 million went to the exchange on October 11, and another of $120 million on October 12. The majority of these transactions are in the

October 13, 2023 2 mins read

Highly Anticipated “According to CMC” Q3 2023 Report by CoinMarketCap Published

Utilizing CMC’s statistical analysis, CoinMarketCap Research seeks to provide distinctive insights into the cryptocurrency industry. It wants to work with other influential voices in the sector to build a community where individuals can learn about and share their admiration for cryptocurrencies. The latest “According to CMC” report, which covers the market overview, major

October 13, 2023 3 mins read

U.S CFTC Launches Lawsuit Against Former Voyager Digital CEO

The U.S CFTC has launched a lawsuit against former Voyager Digital Ltd. CEO Stephen Ehrlich, bringing the cryptocurrency business back into the limelight. Stephen Ehrlich allegedly broke derivatives laws and misled clients about the security of their digital assets. This has been detailed in a recent report by the Commodity

October 12, 2023 2 mins read

Bitcoin Continues to Fall Amidst Geopolitical Tensions What’s Next?

Bitcoin (BTC) has experienced a significant downturn, marking its fourth consecutive day of losses. The world’s largest digital asset by market value fell below $26,600, a level not seen since the beginning of October. Several factors have contributed to this decline, including concerns related to the ongoing conflict in the

October 12, 2023 2 mins read

Bitcoin Continues to Fall. What’s Fueling the Decline?

Bitcoin, the leading cryptocurrency by market capitalization, is currently experiencing a turbulent October. It began the month by breaking the $28,000 resistance level, but as of now, the price has dipped to $27,097. While various factors are contributing to this instability, the crypto community is abuzz with speculation about the

October 11, 2023 2 mins read

Cyprus Tightens Regulations for Crypto Service Providers

By enforcing severe fines on unregistered crypto service providers (CSPs), Cyprus is working to strengthen its oversight of the crypto industry. The government has recommended a change to the “Prevention and Suppression of Mone­y Laundering Law.” The purpose of this change is to bring Cyprus in conformity with the standards

October 10, 2023 1 min read

Israel and Palestine Conflict Likely to Shake Crypto Market Further

On Monday, cryptocurrency prices fell along with global equities markets and surging oil costs due to fresh unrest in the Middle East. On Monday, the violence between Israel and Hamas entered its third day. Oil prices seemed to be affected by traders’ speculation that the war may disrupt supplies if

October 10, 2023 2 mins read
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