A total of $132 million in BTC has left the market this year. ETFs, serve as a proxy for the cryptocurrency market’s interest in Bitcoin. It was the third-largest daily inflow of Bitcoin (BTC) for the Purpose Bitcoin ETF, based in Canada. According to statistics given by Glassnode, investors contributed
BNB has a high intrinsic value and a wide range of potential applications. The Avalanche blockchain aims to provide DeFi developers with scalability. Investing in one of the almost 16,000 cryptocurrencies in existence today might be difficult. More and more cryptocurrency investors hope to make a killing by getting in
One Australian victim lost $952,000 AUD after falling for the hoax. Meta might face penalties and be forced to modify the way it advertises. Billionaire Andrew Forrest of Australia has filed a lawsuit against Meta for allegedly defrauding people using his identity in fraudulent cryptocurrency adverts. He claims that Meta
To prevent further declines, ETH must remain above the $2,600 support level. SHIB is trading similarly to DOGE from a technical standpoint. Bulls couldn’t hang on for long, and most coins have returned to their original red zone. Only Polkadot (DOT) had an increase of 1.35 percent. When compared to
In all, the kingdom plans to spend about $6.4 billion. The NEOM Tech & Digital Company, named after the futuristic Saudi Arabian metropolis of the same name, received a $1 billion investment as part of this deal. According to the official Saudi Press Agency, the corporation intends to develop its
BitMouseDao was not invented by a geneticist but rather by an unknown artist. The team behind BitMouseDAO is inspired by Eduardo Kac’s work. Since a private key is required to access a Bitcoin wallet, a group is attempting to go beyond the pale by trying to implant Bitcoin into the
A merchandise and NFT marketplace called “FlokiPlaces” are being developed. No doubt, Bitcoin prices dominate the market direction. Here are three cryptocurrencies to keep an eye on in February 2022 as the crypto market offers many coins at low levels due to the recent fallout. Bitcoin (BTC) Until recently, whales
Theft of cryptocurrencies has increased by 516 percent since 2020. Cryptocurrency investment is on the rise throughout the world. As more people participate in crypto markets. There has been an increase in frauds and thefts of cryptocurrency. Covid-related uncertainty has led to a rise in popularity for virtual currencies like
All digital asset transactions would be subject to a 1% TDS. The Reserve Bank of India will introduce a digital rupee this year. Sources have long maintained that cryptocurrencies would be deemed digital assets, which Finance Minister, Nirmala Sitharaman, appeared to affirm today. Even though the government has not yet
Cryptocurrencies for the most part have gone in the same direction as equities. Year-to-date, Bitcoin is down almost 18 percent. Coins like Solana and Terra have seen significant increases in the past 24 hours. After a rough start to the year, bringing the market into the green for the month
