India is popular for its stringent stance on cryptocurrencies. Government officials have multiple times mentioned cryptocurrencies during Union budgets and imposed hefty taxes. However, the country has a huge number of crypto investors and developers, who contribute to its ecosystem. The Supreme Court of India is involved in the matter
Bitcoin developer Ben Allen has been awarded a $100,000 grant by investment firm Maelstrom to support the continued development of Payjoin, a privacy-enhancing transaction tool designed to make Bitcoin (BTC) usage more secure and efficient. Announced on May 20, the grant will allow Allen and developer Dan Gould to accelerate
Binance has formally requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, calling the case legally flawed and an attempt to deflect responsibility from FTX’s internal mismanagement and fraud. Filed in Delaware court, Binance’s motion argues that the now-defunct exchange is wrongly attributing its collapse
Festo Ivaibi, the founder of a pivotal educational hub for Africans, Mitroplus Labs, has become a crypto figure to lost his capital to criminal gangs and has been abducted. The gang demanded a capital worth $500,000 with access to the crypto wallet of the founder. They posed as Ugandan security
Curve DAO Token (CRV) is trading at $0.7223, reflecting a daily gain of 9.39%. Over the past day, the lowest price for the token was $0.6382, and the highest was $0.7504. During this movement, we can see CRV rising rapidly in the first hours and touching $0.75 before dropping down
Stellar (XLM) remains caught in a tightening range after its impulsive rally, with technicals suggesting the market is at a turning point. On May 12, the token briefly touched $0.334 before retreating, which analysts link to the formation of an ABC corrective wave. The rejection at the 0.236 Fibonacci level
South Korea’s second-largest crypto exchange, Bithumb, is staging an aggressive comeback. After years of struggle and losing ground to rivals, Bithumb now commands 25% of South Korea’s cryptocurrency trading volume, a significant leap from its single-digit share in 2023. The resurgence comes just ahead of its planned $1 billion IPO
Pendle cryptocurrency has recorded a notable uptick in its latest trading session. During today’s Asian Trading session, the digital asset opened its market with a price value of $4.0761. This took the opening price and propelled it to the current levels. Analyst believe that this trend will continue upward if
A major shift in global macroeconomic conditions has always influenced the crypto market. Bitcoin market price action reflects the overall health of the market as it is the largest cryptocurrency by market cap. Technical indicators hint at a “golden cross ” as Bitcoin price spreads positive market sentiment. Spot Bitcoin
DigiAsia Corp, a fintech firm hailing from Indonesia, has witnessed its share surging by more than 91% on May 19. The surge was reportedly followed by the firm’s announcement of a plan to generate $100 million to start Bitcoin purchases as part of a new treasury strategy. The fintech firm
