The Orissa High Court in India recently stated in a Ponzi scheme accusation case, that crypto trading is not illegal. The announcement has pronounced the country’s stand on cryptocurrency amidst recent regulations discussions. According to sources, the case included two individuals who were accused of defrauding people through a Ponzi or
Bitcoin (BTC), the premier cryptocurrency, has displayed significant volatility this week, falling over 3% in the past 24 hours to touch $66,304 after a brief recovery to $68,000 on Thursday. This drop comes in the wake of the Federal Reserve’s decision to maintain the interest rate at 5.25% to 5.50%,
During the summer, SEC Chair Gary Gensler anticipates the approval of Ethereum spot ETF S-1s. This follows prior conjecture on the S-1 launch window. In addition to the highly anticipated Ethereum ETFs, Gensler also addressed the difficulties that decentralized finance (DeFi) presents to anti-money laundering (AML) regulations. The announcement by
As anticipation for an Ethereum breakout grows, fueled by the upcoming BlackRock spot ETH ETFs, excitement is mounting around key players making substantial progress. At the same time, Ondo Finance is gaining recognition for a significant increase in its total value locked (TVL), establishing it as a major competitor in
Bitcoin whales amassed 20,600 BTC worth around $1.38 billion, on June 11, capitalizing on the Bitcoin price fall. Blockchain analytics company CryptoQuant reports that this was the biggest influx of capital for Bitcoin whales since February 28, when spot Bitcoin ETFs were less than six weeks old and BTC was
Bitcoin (BTC) recently broke back above $69,000. Following this development, this crypto analyst highlighted Chainlink (LINK), Fantom (FTM), and Floki (FLOKI) as crypto tokens that crypto investors should focus on as they present an opportunity to make significant gains in this bull run. ETFSwap (ETFS) has also come under the
Today, Bitcoin (BTC) surged by 4%, propelling its price from $67,700 to $69,506, following the release of the U.S. Consumer Price Index (CPI) data, which showed a lower-than-expected inflation rate of 3.3% for May. This comes amidst anticipation over the Federal Reserve’s decisions on interest rate cuts. The highly anticipated
Ethereum, the leading altcoin, is currently navigating a challenging market environment. After hitting a 23-day low of $3,432 yesterday, it is trading at $3,508.74, marking a 1.47% decline. While, trading volume has surged by 12%, reflecting heightened market activity despite the coin being down 7% over the past week. This
As the price of cryptocurrencies plummeted and liquidations increased, Bitcoin miners made the largest sell of reserves since late March 2024. Bitcoin miners’ stance on holding or selling reserves influences market patterns. There has been a severe ongoing downtrend in the cryptocurrency market, as a number of assets have taken
Ethereum (ETH) price forecasts remain bullish, hinting at a potential breakthrough, signaling strong upward momentum. Amid this hopeful outlook, investors in Render are reconsidering their positions due to market turbulence, eyeing more stable investment ventures. Enter BlockDAG, a trailblazer in blockchain innovation, achieving impressive feats with its presale. With strategic
