Sat, November 29

Indian Police Bust $3.92 Million Crypto Scam; Arrest Two Suspects

The rising prevalence of crypto-related frauds over the last several years has understandably scared off several investors. Meanwhile, on Wednesday the 18th of October, authorities in Navi Mumbai exposed and shut down a major crypto fraud. Located in the Indian state of Maharashtra, Navi Mumbai is a city that borders

October 18, 2023 1 min read

European Union Embraces New Crypto Regulations for Tax Reporting

The crypto community witnessed the official adoption by European Union finance ministers of new guidelines allowing for the sharing of information between tax agencies about individuals’ crypto holdings. The paper will be published in the Official Journal of the European Union and will become effective 20 days later. EU member

October 18, 2023 2 mins read

BTC Continues to Surge in Hopes of Bitcoin ETF. Will it Cross $30,000?

Bitcoin (BTC) prices exhibit a sudden rally following the recent news from Binance.US suspending direct U.S. dollar withdrawals. The price of BTC soared from $28,189 to $28,793 in the last 24 hours. Further, speculation continues to circulate within the crypto market regarding the potential approval of spot Bitcoin exchange-traded funds

October 18, 2023 2 mins read

Bitcoin Price Eyes $30,000 Level as Bulls Continue to Dominate

Following the latest disinformation incident, the U.S. SEC may have uncovered more reasons to reject future Bitcoin ETF applications. Recent events were triggered by unfounded rumors that the SEC had approved a Bitcoin ETF from BlackRock, leading to extreme price fluctuations. The price of Bitcoin skyrocketed after the untrue story

October 17, 2023 2 mins read

Fake Bitcoin ETF Approval Report Causes Brief BTC Price Spike

A false tweet claiming the SEC approved a Spot Bitcoin ETF by BlackRock ignited a brief crypto rally and over $100 million in liquidations across exchanges on Monday. Bitcoin spiked from $27,900 to over $30,000 following the fake report, which was posted on a Twitter account impersonating Financial News London.

October 16, 2023 1 min read

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
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