Fri, July 3

Investors Await Breakout as Bitcoin Price Consolidates

Elon Musk’s Tesla maintained its Bitcoin holdings, according to the company’s quarterly financial report posted yesterday. At the present pricing, Tesla’s 9,720 Bitcoins are worth more than $275 million. Tesla has not modified its Bitcoin holdings during the previous several quarters. Investors have been on edge as they try to

October 19, 2023 1 min read

FDIC’s Inspector General Office Calls for Crypto Risk Strategy Review

The FDIC’s Office of the Inspector General published an evaluation on the FDIC’s crypto risk strategy. Two suggestions were submitted to the FDIC by the Office of the Inspector General, one of which was a method for monitoring crypto activity at regulated institutions. A news release states that the OIG

October 19, 2023 2 mins read

Bitcoin Price Stabilizes Post Brief Retracement; Eyes Breakout

The pursuit for a Spot Bitcoin ETF has been a focal point of the crypto sector for the better part of 2023. The market was taken aback when conventional financial giants revealed their intentions by applying with the U.S SEC. Mike Novogratz, CEO of Galaxy Digital Holdings, has predicted that

October 18, 2023 2 mins read

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