Wed, September 16

Can Bitcoin Cross $40,000 in November 2023?

Bitcoin, the leading cryptocurrency, delighted the crypto community by wrapping up October with a bullish surge, affectionately nicknamed “Uptober” by enthusiasts. The community had high expectations for BTC throughout the month, given that historical data shows Bitcoin hasn’t experienced a negative October since at least 2013, with only two exceptions.

November 1, 2023 2 mins read

SEC Chair Greets Satoshi Nakamoto’s White Paper on 15th Anniversary

Gary Gensler, the chair of the SEC, greeted Satoshi Nakamoto’s renowned White Paper, which launched cryptocurrency today, a happy 15th anniversary. If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell? Happy 15th anniversary to Satoshi’s famous white paper that started crypto. Any crypto companies

October 31, 2023 2 mins read

Bitcoin Price Enters Consolidation Phase Eyeing for a Breakout

In light of recent events, billionaire and former hedge fund manager Stanley Druckenmiller has come forth to say that he may have been wrong about not owning Bitcoin all along. Duquesne Capital founder Stanley Druckenmiller was having a conversation with hedge fund manager Paul Tudor Jones. Druckenmiller was taken aback

October 31, 2023 2 mins read

Crypto Funds See Highest Weekly Inflows Since July 2022

Digital asset investment company CoinShares stated on Monday that cryptocurrency-focused investment funds had net inflows of $326M last week, the highest weekly inflow since July 2022. According to CoinShares, the primary motivation for the adjustment is the price increase brought on by rising expectations that the United States SEC would

October 30, 2023 1 min read

SIT Operations Lead To Arrest of Key Suspect in Crypto Scam in India

On Sunday, the Special Investigation Team (SIT) investigating the alleged multi-crore crypto fraud executed searches at 41 different sites in Himachal Pradesh, India and detained one of the major suspects, Abhishek Sharma. Abhishek, a native of the Una district in Himachal Pradesh, is believed to have been one of the

October 30, 2023 1 min read

Bitcoin (BTC) Surged Over 107%, What’s Driving the Rally?

Since October 24, the world’s largest cryptocurrency, Bitcoin (BTC), has ignited a bullish trend across the broader crypto market. Also, Bitcoin enthusiasts and investors have been on the edge of their seats as BTC surges above the $34,300 range, and the excitement is solid. The surge in Bitcoin’s value is

October 30, 2023 2 mins read

VanEck’s Strategy Advisor Foresees El Salvador as Key Financial Hub

Strategy consultant at investment management company VanEck, Gabor Gurbacs, believes that El Salvador may follow Singapore’s model and become a financial hub in the Americas. Gurbacs on a twitter post stated: “I say often to portfolio managers and asset allocators that El Salvador has the potential to become the Singapore

October 29, 2023 2 mins read

Investors Eye Upcoming FOMC Meeting as High Volatility Expected

The crypto sector may react partially to the results of the Federal Open Market Committee (FOMC) meeting of the U.S. Fed on October 31 and November 1, 2023. Nevertheless, traders are looking to Fed Chair Jerome Powell’s following remarks on the US economic outlook as a possible market-moving indicator. However,

October 29, 2023 1 min read

Indian Doctor Loses INR 1.1 Crore to Facebook Crypto Scam

A gynecologist working out of central Mumbai, Maharashtra in India lost INR 1.1 crore (approx. $1,31,872) to a Facebook imposter. A lady called Melissa Campbell, proclaiming to be a professional in crypto trading, communicated with the doctor on Facebook last year, promising him a significant return on his investment. After

October 28, 2023 2 mins read

Bitcoin Continues to Surge as Uptober Comes to an End. What’s Next?

In a month aptly named “Uptober,” Bitcoin (BTC) keeps up to its position with a significant surge in price. Over the past week, Bitcoin has notched up substantial gains, climbing by over 15.26% to settle around $34,100 after reaching yearly highs of $35,000, a major breakthrough. The journey from a

October 28, 2023 2 mins read