India, a country known for its booming crypto industry, shocked the world on January 12th, 2022, when it announced the blocking of access to global cryptocurrency exchanges such as Binance, KuCoin, and OKX. This move came as part of the Indian government’s efforts to regulate the crypto space and curb potential money laundering activities. However,
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Shiba Inu, a popular meme coin, has experienced a significant dip in its price recently. However, amid this price decline, Shiba Inu whales have been accumulating massive amounts of the cryptocurrency. On-chain data reveals that these whales have acquired a staggering 2.39 trillion SHIB tokens, valued at $24.15 million. This article delves deeper into this
The price of Bitcoin has been on a massive bullish momentum since the approval and launch of Spot Bitcoin ETFs. However, according to crypto analyst Jason Pizzino, this upward trend may soon come to a halt. Pizzino predicts a temporary setback in Bitcoin’s growing trajectory, citing the cryptocurrency’s proximity to a crucial resistance point that
The recent report from the Commodity Futures Trading Commission (CFTC) sheds light on a critical issue within decentralized finance (DeFi) systems. The report highlights the absence of clear lines of responsibility and accountability deliberately overlooked by certain industry structures. While acknowledging the immense potential of the DeFi sector, the CFTC emphasizes the substantial risks it
In the ever-evolving world of cryptocurrencies, Cardano (ADA) has been making significant strides in terms of performance and scalability. With the recent introduction of a new version of its client, v.8.7.3, and updates to its networking and consensus teams, the Cardano ecosystem is well-positioned to mitigate performance issues and drive further growth. The latest update
Crypto expert Anthony Sassano has provided a bullish narrative for the Ethereum ecosystem, predicting that Ethereum (ETH) could hit a new all-time high (ATH) this year. Sassano’s optimism is based on the potential approval of Ethereum Spot ETFs by the Securities and Exchange Commission (SEC). He believes that if the ETF hype were to get
The Financial Services Commission (FSC) of South Korea has expressed concerns regarding domestic securities firms that broker overseas-listed Bitcoin spot exchange-traded funds (ETFs). In a notice released on January 12, the regulatory body acknowledged the emerging regulatory regime for the crypto industry in the country but warned that the brokerage services for these foreign ETFs
The approval of a Bitcoin spot ETF in the US has set off a wave of excitement and optimism in the cryptocurrency market. While Bitcoin experienced a surge, altcoins like Ethereum Classic (ETC) have seen significant gains as well. This article explores the reasons behind Ethereum Classic’s recent rally and its prospects in the evolving
The first trading day for 11 spot Bitcoin ETFs on the US stock markets was anything but uneventful. The market witnessed numerous price fluctuations, resulting in both a multi-year peak and a significant dump. This rollercoaster ride brought about mixed reactions, not only for Bitcoin but also for altcoins, which are currently experiencing minor losses
In the midst of the recent trend of explosive DEX-traded token moves, one memecoin that experienced a significant surge in price is Poldo Token. This Polygon memecoin capitalized on the viral potential of Polygon’s dog mascot, leading to a remarkable overnight price explosion of +35,000%. However, with red-flags emerging in Poldo’s price analysis, it is
