Wed, September 23

Will Bitcoin Gain Bullish Momentum Again?

After the continuous collapse in the banking sector, Bitcoin (BTC) had a sudden bullish and reached the trading price of $28,000. BTC has risen about 22% this month and more than 65% since January 1.  While the current growth of Bitcoin is impressive, it still marked by extreme volatility is

March 25, 2023 1 min read

Venezuela Crypto Regulator Continues Crackdown Amid Reorganization

There seems to be nothing but negative news for the Venezuelan crypto sector. Especially since Superintendent of Cryptoassets Joselit Ramirez was arrested. And President Nicolas Maduro ordered a reorganization of the country’s crypto regulatory body. In a recent development, Venezuela’s National Superintendency of Cryptoassets “Sunacrip”—the country’s crypto regulator—ordered the shutdown

March 25, 2023 2 mins read

Crypto Custody Services by Nasdaq To Be Launched in Q2 This Year

Nasdaq, the exchange company, is stepping in to fill the void left by the recent failures of other crypto intermediaries. Earlier in 2022, in September, it was revealed by that Nasdaq Inc. was planning to provide its own cryptocurrency custody services. The most current information indicates that the rollout of

March 24, 2023 1 min read

El Salvador President Proposes Zero Taxation on Technology Innovations

El Salvador is obviously focused on technological improvements as the rest of the globe contends with banking and other economic issues. Consequently, President Nayib Bukele intends to do away with all taxation related to technological development. Income, property, and capital gains taxes, as well as tariffs on imported goods on

March 24, 2023 1 min read

Cathie Wood Led Ark Invest Buys Block Inc Shares Amid 15% Price Plunge

On Thursday, March 23, in the wake of the short seller report by Hindenburg Research, Block Inc. (NYSE: SQ) stock was bought in large quantities by Ark Investments founder and CEO Cathie Wood. The prices of the stock fell 15% amid the recent Hindenburg report on Jack Dorsey-led Block. Ark

March 24, 2023 2 mins read

Bitcoin Lost its Bullish Momentum After Fed’s Announcement

After the financial crisis in the crypto market and the collapse of several major banking institutions, Bitcoin registered better results than nearly 100% of the 500 leading trade companies in the United States on March 2023.  Since March 10, the trading price of Bitcoin has surged by 37.06% and over

March 23, 2023 1 min read

Goldman Sachs Lists Bitcoin as Top Performing Asset Year-to-Date

Goldman Sachs, one of the most prestigious financial institutions in the United States, has singled out bitcoin as the year’s top-performing asset. The leading cryptocurrency is now more valuable than the Nasdaq 100, gold, the S&P 500, and many other traditional financial assets. In terms of year-to-date (YTD) and risk-adjusted

March 21, 2023 1 min read

BitMEX Co-founder Optimistic of Bitcoin Reaching $1M Amid Bank Run

Trading markets saw a surge of comfort as a result of the last-minute actions made by global financial authorities to avoid the banking disaster. The largest digital currency, Bitcoin (BTC), witnessed a spike of 5% on Monday, allowing it to break the $28,000 barrier after a long time. BitMEX’s previous

March 20, 2023 1 min read

Taiwan Appoints Regulatory Body To Increase Oversight of Crypto Sector

In response to growing calls for government oversight of the cryptocurrency sector. Taiwan, officially the Republic of China (ROC) on Monday appointed its top financial regulator as the primary agency responsible for doing so. Chairman of the Financial Supervisory Commission Huang Tien-mu has said that the financial regulator would first

March 20, 2023 2 mins read

Prominent Crypto ETP Issuer 21Shares Suspends Several Offerings

Due to insufficient investor interest, 21Shares, a crypto ETP issuer located in Switzerland, would allegedly shut down five of its funds and delist another. According to Arielle Pennington, the company’s head of global communications, the company will keep offering its other products, which are in high demand. Bloomberg reports that

March 20, 2023 2 mins read