As the US Elections draw closer, the crypto community is waiting with bated breath to witness the regulatory reforms. However, they have also been observing the candidates’ approach to digital assets to reaffirm their political stance. While the Republicans have taken the lead in this regard, the Democrats continue to
Another week begins with investors still holding strong to their optimism. The community awaits the anticipated bull runs, while the price charts depict modest gains. In the last 24 hours, the overall crypto market has shown increases in both its market cap and trading volume. Notably, leading altcoin Ethereum has
South Korea’s financial regulator is moving closer to approving spot crypto exchange-traded funds (ETFs) and corporate crypto accounts, with discussions set to accelerate following the establishment of a new Virtual Assets Committee. The committee, which was officially announced on October 13, is expected to play a key role in shaping
The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The
After a week marked by mixed sentiments, the cryptocurrency market has bounced back positively, particularly following the release of the Consumer Price Index (CPI) data for September. The CPI rose by 0.2%, while the core CPI increased by 0.3%, both exceeding expectations. This data has led analysts to believe that
BlackRock, the world’s largest asset manager, has reached a remarkable milestone, now overseeing $11.5 trillion in assets under management. This marks the third consecutive quarter of record-breaking growth for the firm, solidifying its status as a leader in the financial industry. In the last quarter alone, BlackRock attracted $160 billion
The Bitcoin (BTC) price continued to dip, reaching as low as $58,895 before making an attempt to recover. At the time of writing, BTC is trading at $61,317 with a market cap of $1.21 trillion. The intraday high reached $61,437, but Bitcoin is finding it difficult to push above the
Ethereum (ETH), the largest altcoin by market cap, continues to underperform in the crypto market. The cryptocurrency has been in a steady downtrend since falling below $3,400 on June 23. The much-anticipated “Uptober” has also disappointed ETH holders, with the altcoin hitting a monthly low and facing growing selling pressure.
While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish
Bitcoin (BTC) is currently hovering at $62K, showing brief signals of recovery from the steady plunge. Over the past few days, the largest asset has defied all bullish market predictions by extending its bearish rally to date. BTC touched a high of the $66.3K mark in late September, ascending from
