The United States Securities and Exchange Commission (SEC) is reportedly on the verge of approving spot Bitcoin exchange-traded funds (ETFs). This news comes as a relief to at least a dozen asset managers who have been eagerly awaiting the regulatory green light. According to sources, the SEC is expected to inform applicants of its decision
India’s crypto policy has been subject to controversy and a lack of clarity in several aspects. But despite these challenges, the country has managed to emerge as the top market for cryptocurrency adoption. A recent report by crypto exchange CoinDCX reveals that 28 Indian entities have become “FIU-Registered Reporting Entity.” This signifies the growing interest
As the crypto market progresses into the year 2024, various industry experts and financial analysts have weighed in on their Bitcoin price predictions. These forecasts are driven by a combination of factors, including the upcoming Bitcoin “halving” event, the potential inflow of institutional investments, and the possibility of a spot Bitcoin ETF approval in the
In recent years, meme coins have become a hot topic in the cryptocurrency market. These coins, often inspired by internet trends and popular culture, have gained attention for their potential to generate significant profits. One such coin is TSUKA, a Solana-based token that draws inspiration from the Japanese legend of the Dejitaru Tsuka Dragon. Another
Over the past 24 hours, the price of Tellor (TRB) has experienced a surge and a subsequent drop that can only be described as comparable to price manipulation. On the last day of 2023, TRB soared to over $600, only to crash down to $137 shortly after. This extreme price volatility has led to speculation
A recent report from Reuters suggests that the US Securities and Exchange Commission (SEC) is likely to notify asset managers seeking to launch a spot Bitcoin ETF (exchange-traded fund) about the approval status of their applications as early as next week. This news comes ahead of the January 10 deadline for the SEC to make
In the year 2023, the world of cryptocurrency investments experienced a notable transformation. Venture capital funding in the crypto space encountered a significant decline of 68%, dropping from the impressive $33.3 billion invested in 2022 to $10.7 billion. This decrease marked a significant setback for the industry, but it is important to note that 2023
The crypto-hacking group known as Pink Drainer has recently been implicated in a highly sophisticated phishing scam, resulting in the loss of $4.4 million worth of Chainlink (LINK) tokens. This cyber heist targeted a single victim who unknowingly fell victim to a deceptive tactic involving the signing of a transaction linked to the “Increase Approval”
In a devastating blow to its customers, Catalyx, a Canadian-based crypto trading platform, recently experienced a significant security breach that led to the loss of customer funds under its custody. The specific magnitude of the loss remains undisclosed, but the platform has implemented immediate measures such as suspending crypto and fiat withdrawals while investigations are
Coinbase Global, one of the leading cryptocurrency exchanges, has undergone a change in leadership within its custody division, according to Bloomberg. The former CEO of Coinbase Custody, Aaron Schnarch, has departed from his role, and in his place, Rick Schonberg has been appointed as CEO since August. This transition comes as Coinbase aims to cater