India’s crypto saga did not have any significant breakthrough this year. As the regulatory climate remained unclear, the country’s market regulator feels mutual fund houses should not come up with fund offers related to cryptocurrency assets. SEBI Not Excited About Crypto NFOs The Securities and Exchange Board of India (SEBI) chairman, Ajay Tyagi, reportedly noted...Read More
FTX US, the United States division of global cryptocurrency exchange, FTX.com, revealed today that its customers will soon be able to access crypto derivatives and non-fungible token (NFT) services on the platform. According to Brett Harrison, the president of FTX US, the exchange is building a self-hosted wallet that will support FTX NFTs and NFT...Read More
Cardano is one of the cryptocurrency ecosystem’s fastest-growing initiatives. It has gotten a lot of attention because of its enormous potential. Notably, the project’s larger community is quite optimistic. ADA, the project’s native crypto asset, has increased by more than 850 percent in the last year. At the time of writing, Cardano price was trading...Read More
One of the largest cryptocurrency mining companies – Marathon Digital Holdings – bought 78,000 Antminer S-19 XP Miners from the Chinese manufacturer – Bitmain. To acquire the equipment, the firm spent nearly $900 million. Marathon Deepens Its Mining Efforts According to the filing with the Securities and Exchange Commission, Marathon Digital Holdings (NASDAQ symbol: MARA)...Read More
Ethereum has been confronting backslash for lack in its governance and other shortcomings. However, the more proactive community has now got an opportunity to vote for the upcoming on and off chain governance. Gas DAO is a mega project launched as decentralized autonomous organization (DAO) on Wednesday. And thrives to become “the heartbeat and voice”...Read More
Tesla’s CEO – Elon Musk – opined that digital assets could reduce the error in the money database. In his view, cryptocurrencies are not ideal, but they are “fundamentally better” than any other financial product. The entrepreneur once again claimed that Bitcoin’s main use case is a store of wealth, while Dogecoin is better suited...Read More
Even as the year proved to be a defining moment for Bitcoin, it found itself on the sidelines as the astonishing rally came to a halt recently. At the same time, many altcoins, some previously obscure, came to the fore, including memecoins. However, Arcane Research outlined the possible changes in the upcoming year, which could...Read More
The first American company that launched a futures-backed Bitcoin Exchange-Traded Fund in the United States has turned its sight towards the Metaverse space. If approved by the SEC, the ETF will track the performance of the Solactive Metaverse Theme Index (SOMETAV). According to a recent filing with the US Securities and Exchange Commission (SEC), the...Read More
Hong Kong Customs officials said Tuesday that they had arrested two individuals suspected of laundering money worth over $380 million through their personal bank accounts and a crypto trading platform. Arrested for Crypto Laundering The suspects, a 28-year-old woman and her 21-year-old brother, were arrested in Yau Tong, a residential district in Hong Kong after...Read More
It appears that the market is in no mood to rise over the last few days of the year 2021. As the profits gained are quickly shed off with constant plunges for 2 consecutive days. And hence causing a deep impact on most of the crypto assets mainly to Bitcoin as it slashed below $48K...Read More
Scuderia Ferrari signed a multi-year partnership with the Swiss technology company – Velas Network AG – to create non-fungible tokens (NFTs) for its fans. This is the racing team’s first interaction with the digital asset industry, while some Formula 1 rivals have already marked initial steps. Ferrari Jumps into The World of Crypto In its...Read More
QuickSwap price is up over 56% today, making it the biggest gainer on Crypto.com. With a market cap of $132 million and a 24-hour trading volume of $329 million, QUICK is making waves in the market today. Let’s look at QuickSwap and its token QUICK and see why the price is rising. What Is QuickSwap?...Read More
The Chinese government has gone out of its way on the crypto crackdown. Despite this, the industry has evolved tremendously and continues to capture the imagination of many. Joe Tsai, who happens to be the executive vice-chairman of the Chinese e-commerce behemoth, Alibaba Group, is the latest to share his feelings on Twitter in three...Read More
