Wed, September 23

Bitcoin (BTC) Eyes $37K Level as Price Crosses Over $29K

Despite recent US governmental crackdowns on crypto businesses and accompanying uncertainties, Bitcoin’s price temporarily surpassed $29,000 on March 30. Bitcoin hit $29,159, the highest price since before the FTX cryptocurrency exchange went down in early November 2022, according to CMC. Despite a number of regulatory crackdowns in recent days. Including

March 30, 2023 1 min read

New Bill Over Regulating Crypto Sector Submitted in Australian Parliament

A new law that would establish guidelines for the provision of crypto services in Australia has been submitted. The proposal has been submitted to the Australian Parliament. Digital Assets (Market Regulation) Bill 2023 was introduced by Senator Andrew Bragg as a private senators’ bill. This was with the stated purpose

March 29, 2023 1 min read

French Officials Raid 5 Prominent Banks Over $100B Alleged Fraud

An investigation into a €100 billion scam reportedly led French police to raid five large banks, according to a report from Deutsche Welle (DW) on Tuesday. The investigation was also linked to a possible money laundering case that involved the governments of Germany and France. The searches have been conducted

March 29, 2023 1 min read

Bitcoin Investors Take In Largest Net Profit Post-LUNA Crash?

Bitcoin’s current consolidation phase has conquered the prime attention of the crypto community. The dominant cryptocurrency laid out a neutral price channel between $26.5K to $28.5K since last week. Remarkably, analytical findings pointed out the increasing investors’ profit-taking and confidence in Bitcoin. In the above chart, the relative strength index

March 29, 2023 2 mins read

Top 5 Trending Cryptocurrencies to Keep Eye on This Week

The global crypto market seems to be recovering from the prolonged bear market. And the traditional banking crisis gives positive movements to digital assets and gains investors’ attention. There are thousands of different cryptocurrencies, ranging from the two largest, Bitcoin and Ethereum, to prominent altcoins like Dogecoin and Tether circulating

March 28, 2023 4 mins read

CFTC Labels Bitcoin and Ethereum as Commodities in Binance Lawsuit

U.S. officials have accused Binance, the biggest cryptocurrency exchange in the world, of breaking the law in an attempt to step up their crackdown on the cryptocurrency industry. The cryptocurrency sector has been quick to focus on the CFTC’s designation of cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities. One

March 28, 2023 1 min read

Bitcoin (BTC) Outperforms the Global Crypto Market

The largest cryptocurrency market player, Bitcoin (BTC), started to outperform the market as a result of the failure of major banks like Silicon Valley Bank and Credit Suisse, which affected confidence in traditional financial institutions. Also, Bitcoin’s double-digit surge this year has surprised the crypto community.   BTC began mid-March with

March 27, 2023 2 mins read

U.S. DOJ Captures 18 Fraudulent Crypto ATMs

The U.S. Department Of Justice (DOJ) proclaimed that law enforcement had seized 18 crypto ATMs in Texas and Oklahoma. These ATMs were obtained from the SBA fraudulent loans which got harmed by the COVID-19 pandemic. And they were accustomed to buying bitcoin from the New York-based cryptocurrency exchange. For this

March 27, 2023 1 min read

Japanese Tech Giant Fujitsu Files Crypto-Related Trademark With USPTO

Fujitsu, a major Japanese technology company, has applied for a trademark with the US Patent and Trademark Office (USPTO). Indicating its intention to provide cryptocurrency trading brokerage services, among other crypto and non-crypto financial facilities. According to the March 16 trademark application submitted by Fujitsu. The company is seeking registration

March 26, 2023 1 min read

Fed Reserve Cites Crypto Links in Denying Custodia Bank Membership

In an 86-page report published on March 24. The United States Federal Reserve explained why it had rejected Custodia Bank’s membership application back in January. Among them, the bank’s crypto-related activities also finds a place. The report claims that the Fed’s board has expressed concerns about banks with business strategies

March 26, 2023 2 mins read