Ethereum and InQubeta have experienced a remarkable year, with analysts predicting that this trend will continue. These tokens are considered the best altcoins to invest in at present, offering portfolio diversification and new opportunities in the DeFi ecosystem. As the crypto sector expands, Ethereum and InQubeta are seen as the most promising for future gains.Despite […]
Celsius Network, a bankrupt cryptocurrency lending company, has taken a significant step by issuing a filing to the United States Bankruptcy Court. The filing, submitted on Thursday, January 9, is for the settlement of Withdrawal Preference Exposure (WPE) and targets large investors.The company has requested account holders who withdrew $100,000 or more worth of crypto […]
Apple has yet to comment on the removal of cryptocurrency exchange apps from its App Store in India. This comes as Binance South Asia X has noted a significant shift of Indian traders towards global cryptocurrency platforms, seemingly to avoid tax obligations. India introduced a 30% tax on virtual currency profits and a 1% deduction […]
Steven McClurg, the Chief Investment Officer of Valkyrie Funds, has suggested that exchange-traded funds (ETFs) for XRP and Ethereum could be on the horizon. This follows the recent developments surrounding Bitcoin spot ETFs and their potential approval. McClurg expressed his belief in a Bloomberg interview that we might see ETFs for Ripple and Ethereum, especially […]
The United States Commodity Futures Trading Commission (CFTC), the body that regulates the U.S. derivatives markets, has released a report outlining its recommendations for mitigating risks associated with decentralized finance (DeFi). The report was compiled by the CFTC’s Digital Assets and Blockchain Technology Subcommittee.While the report acknowledges the “promising opportunities” presented by DeFi, it also […]
Blackrock and Grayscale, two industry giants, are expected to play a pivotal role in the potential introduction of an XRP ETF. Insider sources suggest that an application for this ETF could be submitted as early as April 2024, aligning with the resolution of the SEC v. Ripple legal dispute.Ben Armstrong, a well-known crypto influencer, recently […]
Blackrock, a major player in the financial sector, has made a significant move in its fee structure for its proposed spot Bitcoin ETF. The company has reduced its ongoing fee to a mere 0.25%, with a promotional offer of 0.12% for the first $5 billion in assets, or for the first twelve months. This change […]
Following the likely approval of Bitcoin Spot ETFs, Ripple and Ethereum Spot ETFs could also come to market, according to Valkyrie Funds CIO. XRP, the digital asset of Ripple, is the only one with regulatory clarity from US courts, and its relisting by major exchanges is a significant step. The Ethereum price rallied with the […]
In a significant development, Binance, one of the world’s leading cryptocurrency exchanges, has confirmed the removal of its application from Apple’s App Store in India. This move comes amid growing regulatory concerns in the country.It has been revealed that Binance, along with other affected exchanges, failed to adhere to the appropriate regulatory framework in India. […]
The market reacted with a sell-the-news response following the false news of a spot Bitcoin BTC exchange-traded fund (ETF) approval on January 9. The United States Securities and Exchange Commission’s (SEC) official X account, formerly known as Twitter, was hacked and published a fake news post stating that the regulator had granted multiple Bitcoin ETF […]
