The Supreme Court of India has contrasted Bitcoin trading in India to a more lustrous form of Hawala on May 5. Talking about Hawala, it is an illegal money transfer system.The Court further condemned the Centre for not having clear rules for digital currency till now. As per the reports
The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week. The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital. The miners are allowed to
Ethereum co-founder Vitalik Buterin has unveiled a vision to drastically simplify Ethereum’s core architecture over the next five years, drawing inspiration from Bitcoin’s minimalist approach. In a blog post titled “Simplifying the L1” published on May 3, Buterin emphasised that reducing complexity is key to enhancing Ethereum’s efficiency, security, and
Arthur Hayes has revealed his doubt on the likelihood of the United States buying more BTC, citing fiscal problems and public perception. The BitMEX co-founder said in a recent interview that U.S. leaders may avoid printing dollars to purchase Bitcoin due to growing scrutiny around the cryptocurrency’s cultural image, pointing
Riot Platforms, the biggest Bitcoin mining platform in North America, has witnessed the highest-ever quarterly revenue. Despite this milestone, the firm reported losses as mining costs almost doubled year-over-year. The Chief Executive Officer of Riot Platforms, Jasos Les, revealed its Q1, 2025 earnings report on May 1 and mentioned that
Michael Saylor’s firm, Strategy (formerly known as MicroStrategy), is doubling down on its Bitcoin-first approach with an $84 billion capital strategy aimed at significantly increasing its BTC holdings. The company has announced plans to raise $42 billion through equity and another $42 billion through fixed income instruments to fuel the
Bitcoin has witnessed a slight decline of 0.15% on April 30 and is trading at $95,120. Before reaching this level, it traded at an intraday high of $95,485. In the last seven days, it is up 1.64% and 16.05% up in the duration of past month. The market capitalization stands
The crypto assets are in an uncertain condition with its unclear price movement. Bitcoin, the largest asset, continues to be in a period of consolidation following multiple recovery attempts. BTC’s price is on the way to reclaim the $100K mark, but facing repeated rejections. The asset’s price movement has formed
Crypto investments are surging as U.S. investors lose confidence in the dollar and look for safe-haven assets. According to CoinShares, $3.4 billion flowed into crypto investment products last week, marking the largest inflow since mid-December 2024 and the third-largest weekly inflow ever. U.S. trade tensions and tariff policies have weakened
Bitcoin price is trading at $94,380, showing a 0.79% increase in the last 24 hours. This upward movement has increased the cryptocurrency’s market capitalization to $1.87 trillion, with a 14.91% rise in 24-hour trading volume, now at $35.39 billion. Despite some fluctuations throughout the day, Bitcoin remains a strong performer,
