In the world of the crypto market, the Bitcoin Exchange Traded Fund (ETF) has caught the attention of the crypto community. Recently, the former chairman of the U.S. Securities and Exchange Commission (SEC) stated that the Bitcoin ETF should be approved. While these things are going around, Cboe, the global
Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” claims that Bitcoin will soon be worth $120,000. These estimates are in line with those made by Standard Chartered Bank, which predicts that Bitcoin will reach $50,000 this year and $120,000 by the end of 2024. Meanwhile, the
Jay Clayton, former Chairman of the U.S. Securities and Exchange Commission, shared his thoughts on the major traditional financial institutions’ Bitcoin ETF requests. He stated that the spot Bitcoin ETF should be approved. Moreover, he mentioned the crypto market’s significant growth and benefits from the Bitcoin ETF. JUST IN –
The U.S. June Consumer Price Index (CPI) will be released on Wednesday, and the PPI will be released the following day, bringing attention back to inflation statistics after a week of major employment announcements. In the event of a drop, investors may hope that the Federal Reserve would reconsider its
The Financial Conduct Authority (FCA), Britain’s financial watchdog, “disrupted” 26 of the 34 cryptocurrency ATMs it visited and investigated since the beginning of 2023. The Financial Conduct Authority (FCA) issued a stern warning to the United Kingdom’s crypto ATM operators on February 14: either comply with legislation or shut down
In the aftermath of the introduction of the BRC-69 token standard, inscribing, a process for creating Bitcoin non-fungible tokens (NFTs), has seen a surge in activity. According to statistics recorded by blockchain analytics company Glassnode, the number of new inscriptions jumped to over 350,000 on Monday. Since Ordinals’s launchpad Luminex
The crypto talk of the town named Bitcoin, the top cryptocurrency has always been in demand. As the circulation supply of Bitcoin has already reached its maximum, the need and the traders have kept increasing. According to today’s trading volume, the value has reached $9 billion with an increase of
Two Cuttack engineers have reportedly been scammed out of 43 lakh INR ($52,054) by crypto investment fraudsters. The two engineers from the Purighat and CDA regions reportedly lost money after investing in a fraudulent website. Both of these regions are located in Cuttack, Odisha, India. The victims have filed a
In the rapidly evolving world of cryptocurrencies, centralized services and stringent regulations frequently overshadow the original vision of decentralization. Despite this, Blockonomics stands out as one of the few payment gateways that adheres to the decentralized ethos of cryptocurrencies. What is the issue? Bitcoin (BTC), the first cryptocurrency, was created
Recently, U.S. Federal Reserve Chairman Jerome Powell expressed optimism about the cryptocurrency market. In his testimony before Congress, Powell defended the sustainability of cryptocurrencies as an investment category in the United States. Witnessing before the House Committee on Financial Services about the Federal Reserve’s Semiannual Monetary Policy Report, Powell made
