Wed, September 23

Will Bitcoin Hit $50K by the End of 2023?

The crypto talk of the town named Bitcoin, the top cryptocurrency has always been in demand. As the circulation supply of Bitcoin has already reached its maximum, the need and the traders have kept increasing. According to today’s trading volume, the value has reached $9 billion with an increase of

July 10, 2023 1 min read

2 Engineers in India Lose 43 Lakh INR ($52,054) to Crypto Fraud

Two Cuttack engineers have reportedly been scammed out of 43 lakh INR ($52,054) by crypto investment fraudsters. The two engineers from the Purighat and CDA regions reportedly lost money after investing in a fraudulent website. Both of these regions are located in Cuttack, Odisha, India. The victims have filed a

July 10, 2023 2 mins read

What’s Waiting on the Upcoming Bitcoin (BTC) Halving in 2024?

The exciting conceptual event where the reward for the transactions of Bitcoin (BTC) mining is getting half the cut is termed ‘Bitcoin Halving’. The basic cut-off for the current year 2023, is yet 6.25 BTC which then completes by the next year. This halving cycle is where the current holding

July 8, 2023 2 mins read

Canada Securities Administrators (CSA) Releases New Crypto Guidelines

The Canada Securities Administrators (CSA) have issued new rules for investment funds that hold or intend to engage in crypto assets, focusing particularly on meeting the requirements of securities legislation. Unlike the US SEC, Canada is acknowledging the benefits of crypto and Bitcoin and is progressively loosening restrictions on investment

July 7, 2023 2 mins read

Bitcoin (BTC) Makes New Yearly High of $31.5K. What’s Next?

Bitcoin, the leading cryptocurrency, achieved a trading rate of $31,500 on July 6th, marking a 13-month high and demonstrating a rapid 2 percent increase within a single hour. Analyzing the trading movements in the crypto market, Bitcoin’s RSI (Relative Strength Index) is currently above 64.26, suggesting that BTC is approaching

July 6, 2023 1 min read

U.S. SEC to Reportedly Meet Spot Bitcoin ETF Applicants Next Week

The U.S. SEC will meet with BlackRock, Fidelity Investments, and other spot Bitcoin ETF registrants next week. After resubmitting their applications to the U.S. SEC, all spot ETF hopefuls have now included information on their surveillance-sharing partners and other prerequisites. Bloomberg’s ETF experts Eric Balchunas and James Seyffart tweeted on

July 6, 2023 2 mins read

Bitcoin Miners Generate $184M Revenue from Transaction Fees in Q2

Coin Metrics reports that this quarter, because of the rise in the value of BRC-20 tokens and Ordinals, Bitcoin miners have reaped an unexpected profit of several million dollars in transaction fees. Crypto analytics company claimed a previously “tepid fee market” for Bitcoin miners has been unexpectedly disrupted with its

July 6, 2023 2 mins read

A New Era of Bitcoin Mining: How This Country is Reshaping the Landscape?

The crypto market has gained significant attention around the world. Countries are continuing to utilize digital assets and carry out strategies to attract traders, investors, and cryptocurrency companies. As the world continues its rapid shift towards digital currencies, the United Arab Emirates (UAE) has emerged as a leading destination for

July 6, 2023 4 mins read

Twitter Receives First Money Transmitter License in Three U.S States

It seems that Elon Musk’s Twitter business, Twitter Payments LLC, has been granted its first money transmitter licenses in the states of Michigan, New Hampshire, and Missouri. A money transmitter license is required before a business may provide money transfers or other forms of electronic payment. This is not the

July 6, 2023 2 mins read

Breaking : BlackRock CEO Larry Fink Says Bitcoin Is an International Asset

BlackRock CEO Larry Fink expressed his positive outlook on cryptocurrencies in a recent interview with Fox Business, specifically referring to Bitcoin (BTC) as an “international asset” and endorsing the idea of crypto serving as “digital gold.” Further, Fink highlighted the potential of cryptocurrencies. Saying, “I do believe that the role

July 6, 2023 1 min read