Cryptocurrrency News
In this section you will find all news, analysis and forecasts related to bitcoin.
The financial services provider and digital asset custody business, Bitgo recently disclosed that it had recently filed a lawsuit against Galaxy Digital. The company said that it had decided to sue the crypto company for damages of over $100 million. It said…
The Chamber of Digital Commerce has recently made a statement that involves the US SEC and what it will need to do with incoming ETF requests. SEC to Approve Requests for ETF The Chamber of Digital Commerce, the crypto advocacy group has…
The Wazirx crypto exchange said that its bank accounts were unfrozen by the Enforcement Division (ED) in India. The accounts had previously been frozen due to an investigation launched by the federal agency into 16 fintech firms and instant loan applications. The…
Gary Gensler, the chairman of the Securities and Exchange Commission (SEC) spoke at an industry conference where he said that is in favor of handing the CFTC the responsibility of overseeing the crypto space. Crypto oversight The SEC chair said that Congress…
The latest reports suggest that a new lawsuit has been filed against the US Department of Treasury in the US District Court. The lawsuit has been filed by six users from the cryptocurrency industry involving Tornado Cash and Ethereum blockchain. Six Users…
Key government institutions in Russia have come to a consensus that they need to legalize the use of cryptocurrencies for making international settlements. The last few months had seen this particular proposal garner support because there have been an increasing number of…
Brad Sherman, a US Representative, said that cryptocurrencies have not been banned by Congress because they have too much power and money. He elaborated that they hadn’t banned crypto as yet because money works for campaign contributions and it works for lobbying…
The Bank of Ghana clarified that the expected launch of a central bank digital currency (CBDC) in the country would not have a negative impact or disrupt the activities of mobile money operators. Instead, the central bank of Ghana stated that the…
Anthony Scaramucci, the CEO of Skybridge Capital, is of the view that while BTC keeps on being an effective asset, the token has not touched the wallet bandwidth needed in its case to be taken as an inflation hedge. While talking to…
The CEO of Binance, Changpeng Zhao, raised apprehension for the traders following knowing about the notorious concept of ‘trade jitters’ that operate on the rest of the crypto exchanges. In the trading of cryptocurrency, jitters are associated with a trade occasion in…
Following the ongoing trend of cryptocurrencies, Brazil has also brought a revolution in the crypto world as a giant e-commerce firm MercadoLibre is now investing in BTC (Bitcoin) and a few other crypto companies. Moreover, MercadoLibre has announced that they are soon…
Vaculug, a prominent autonomous tires retreader in Europe, has declared to embrace crypto as included in its payment strategy. With BTC’s incorporation, Vaculug has turned into the initial platform across the sector to include crypto payments. Now, the consumers will be permitted…
The Directorate of Enforcement in India declared on Friday to have terminated the financial accounts related to Yellow Tune Technologies (a financial services firm based in Bangaluru), a few among which were under the possession of a crypto exchange named Flipvolt (Singapore-based…
Alesia Haas, the Chief Financial Officer of Coinbase, has aired her opinion on institutional crypto staking saying, staking crypto assets at the institutional level could be the next big thing in the crypto space, especially in the post-merge era of Ethereum, but…
The chairman of the Financial Services Commission of South Korea stated that the watchdog has a strategy to speed up the review of up to 13 bills remaining in the National Assembly of the country related to digital assets. As per a…
Hut 8 Mining Corp. (a Bitcoin miner based in Canada) increased its Bitcoin reserves in the previous month, as the company shared its strategy for long-term for HODLing during the elevated volatility that prevailed across the market. Up to 330 BTC were…
The Central Bank of Brazil’s director, Fabio Araujo, has admired the technological properties of Bitcoin (BTC) classifying the crypto token as a financial revolution responsible for raising exclusive significant products. In addition to this, Araujo elaborated on the importance of Bitcoin in…
The unfortunate crypto investors can potentially claim their digital assets that were lost in an exploit in the form of a tax loss if they reside in the jurisdiction where laws permit for it. After the news that Solana’s 8,000 wallets had…
Polkadot price lost more than 9% on the daily chart. DOT encounters severe downside following extended upside. Declining beneath support at $8 might welcome further plunges. Polkadot has had its price turning bearish today, with the altcoin dropping over 9% within the…
The Financial Supervisory Commission (FSC) – which is the main financial regulator in Taiwan – released a note for the banking industry, stating that virtual assets providers (VASPs) should not be permitted by them to play the role of a merchant to…
