Sun, November 17

ASCI Adopts Key Changes in Indian Crypto Advertising Guidelines

Sumit Gupta, the CEO and co-founder of crypto exchange CoinDCX recently took to Twitter to announce that the Advertising Standards Council of India has adopted two key suggestions made by the Bharat Web3 Association in regards to the ‘Guidelines for Advertising Virtual Digital Assets and Linked Services’ released in February

November 2, 2023 2 mins read

Swiss-based SGKB Bank Now Offers Crypto Services to Customers

St. Galler Kantonalbank (SGKB), Switzerland’s fifth-largest cantonal bank, has made headlines by deciding to broaden access to crypto services. SGKB is planning to provide Bitcoin (BTC) and Ethereum (ETH) trading and custody services to customers in Switzerland in partnership with SEBA Bank, a digital asset specialist licensed by the Swiss

November 2, 2023 1 min read

Bitcoin’s Price Witnesses Massive Uptick Amid Recent Developments

Bitcoin’s (BTC) price nearly hit $36,000 for a short period of time recently, injecting fresh optimism into the cryptocurrency market as a whole. The US Federal Reserve’s decision may be a contributing cause to the recent uptick. The decision by the United States Fed to postpone interest rate rises may

November 2, 2023 2 mins read

US Fed Keeps Interest Rates Unchanged, Bitcoin Hits 17-Month High

The US Federal Reserve made a significant decision during its policy meeting from October 31 to November 1. Despite the US economy’s resilience and persistently high inflation above the Fed’s 2% target, the central bank chose to keep interest rates steady at their current 22-year high. This decision marks the

November 2, 2023 2 mins read

Turkey on the Brink of Exiting FATF’s ‘Grey List’ via Crypto Legislation

Finance Minister Mehmet Simsek told Turkey’s planning and budget committee late Tuesday that the country is in the “final stage” of introducing crypto legislation to its parliament, the last step necessary for it to be removed off the Financial Action Task Force’s (FATF) “grey list.” The “grey list” compiled by

November 1, 2023 1 min read

Invesco Galaxy Bitcoin ETF (BTCO) Ticker Appears on DTCC Site

BTCO, the ticker for Invesco and Galaxy’s spot Bitcoin exchange-traded fund (ETF), has been listed on the website of the Depository Trust and Clearing Corporation (DTCC), indicating progress in the application procedure. Since the ETF was not featured on the list on October 25 according to the WayBack Machine’s site

November 1, 2023 2 mins read

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