Thu, July 23

Bitcoin Price Consolidates as Bullish Momentum Slows Down

Total crypto market cap has increased by over 110% YTD, adding over $870B, with a significant 55% gain in Q4 alone, according to a new analysis by Binance Research. This upturn may indicate a change in market patterns, after a long period of inactivity following the cryptocurrency market’s 2021 peak.

December 10, 2023 2 mins read

VanEck Files Updated Bitcoin ETF Application with the U.S SEC

An updated spot Bitcoin ETF application was filed to the United States SEC on Friday by VanEck, a mutual fund and ETF management firm. The “HODL” ticker symbol will designate the VanEck spot Bitcoin ETF on the exchange. According to an S-1 filing with the United States SEC on December 8,

December 8, 2023 2 mins read

Ethereum and Solana Lead Crypto Rally as Bitcoin Faces Correction

On Thursday, the Bitcoin (BTC) rally hit a snag, making way for other major cryptocurrencies like Ethereum (ETH) and Solana (SOL) to surge to a new 19-month high, spearheading the ongoing crypto market rally. In the past 24 hours, Ethereum (ETH) has witnessed a 6% increase, currently trading at $2,356,

December 8, 2023 1 min read

El Salvador Offers Citizenship on $1M Investment in Bitcoin or USDT

A new citizenship-by-investment scheme in El Salvador has been created. It offers a residence permit and a road to citizenship to 1,000 individuals who are ready to shell out $1 million worth of investment in the nation in Bitcoin or USDT. The cost of citizenship in the Bitcoin-friendly nation starts

December 8, 2023 1 min read

Jack Dorsey Led Block Unveils Self-Custody Bitcoin Wallet

Block led by Jack Dorsey has released a self-custody Bitcoin wallet. The makers of the wallet, which goes by the name ‘Bitkey’, said on December 7 that it would be accessible in more than 95 countries via a smartphone app or hardware storage. A secure hardware device and recovery tools

December 7, 2023 1 min read

Indian Lawmaker Hints at Further Delay in Crypto Legislation

A senior Indian politician in charge of the country’s financial development has said that the country is not expected to introduce a crypto or Web3-specific legislative measure until at least the middle of 2025. Chair of the Standing Committee on Finance Jayant Sinha was speaking at the India Blockchain Week

December 7, 2023 2 mins read

Bitcoin Crosses $44k Amidst Golden Cross Buzz. What’s Next?

The cryptocurrency markets have surged from a period of consolidation, showing an upswing since the commencement of the final quarter. Over the past few days, the crypto sphere witnessed the liquidation of more than $120 million in leveraged Bitcoin positions, propelling the BTC price beyond the $44,280 mark.  Additionally, Robinhood

December 7, 2023 1 min read

JPMorgan CEO Jamie Dimon Criticizes Cryptocurrencies in Senate Hearing

The chief executive officer of JPMorgan Chase, Jamie Dimon, took aim at cryptocurrency—specifically Bitcoin (BTC)—during his appearance at a Senate Banking, Housing, and Urban Affairs committee oversight hearing in Washington, DC, today. Senator Elizabeth Warren probed the head of JPMorgan for his thoughts on anti-money laundering throughout the session. When

December 7, 2023 1 min read

Japan Proposes Reducing Tax on Long-term Crypto Holdings

A new tax system for businesses with cryptocurrency holdings as long-term assets is being prepared to be implemented in Japan. Positioning Japan as an influential participant in the fast-growing digital economy is a larger goal, and this step is only one component of that plan. Japanese lawmakers from the Liberal

December 7, 2023 2 mins read

Dogecoin Founder Billy Markus Reveals Bitcoin Holdings

Billy Markus, co-founder of the widely popular Dogecoin, has taken to Twitter to reveal details about his Bitcoin holdings and the amusing scenario that would transform him into a cryptocurrency millionaire. Markus disclosed that he currently holds 0.0006 BTC in his crypto portfolio. However, in his trademark ironic style, he

December 6, 2023 2 mins read