Crypto-enthusiasts have long been frustrated by the SEC’s unwillingness to sign-off on a Bitcoin ETF, a product that could propel the world’s most valuable digital asset into the mainstream among institutional investors. There was optimistic anticipation earlier this year under SEC Chair Gary Gensler who once taught digital assets at the Massachusetts Institute of Technology.Continue reading “After Bitcoin ETF rejection spree, what ‘complications’ does the SEC face?”

The cryptocurrency market is a trillion-dollar market, with its overall valuation found to be $1.37T at press time. Needless to say, many investors are trying to get in on the action since investing in crypto can potentially be lucrative, especially if you invest at the right time. For example, someone who may have invested $1,000Continue reading “How much Bitcoin do you really need to become rich?”

The last few months of the year have been interesting yet dramatic for the cryptocurrency market. Not only due to the wider price volatility, but on the regulation front as well. On one hand, while El Salvador legalized BTC as legal tender, China on the other hand cracked down on cryptos and mining once again.Continue reading “Is India mulling the taxation of foreign crypto-exchanges to the tune of 18%?”

Binance, the world’s largest cryptocurrency exchange in terms of trading volume, is facing the music yet again on the heels of the UK-FCA fiasco a couple of days ago. It is in the news again today after the British overseas territory of Cayman Islands became the latest to criticize Binance’s operations, if any, in itsContinue reading “Cayman Islands’ Monetary Authority announces investigation into Binance’s ‘activities’”

With news of its latest network upgrade out, Ethereum, the world’s 2nd largest cryptocurrency was trending and witnessed a surge after a massive consolidation timeline. At the time of writing, ETH was trading above the $2,150 mark with an increase of about 12.2% in its price within a week. Moreover, ETH also recorded an impressiveContinue reading “Bitcoin vs Ethereum: Which crypto ‘will blow your mind away in the next 5 years’”

Many consider the market for the world’s largest cryptocurrency as a means to gain wealth. However, due to the attached risk factor, that is, its volatility it is perceived as an insecure investment option. This also highlights the importance of possessing a risk appetite to mitigate or absorb the losses. However, bitcoin has recently become moreContinue reading “US Diplomat: This incident made authorities take ‘another tough look at bitcoin’”

Arguably the world’s largest cryptocurrency exchange, Binance, was recently in the news due to the warning issued against it by the UK Financial Conduct Authority (FCA). A few days ago, U.K Binance users reported the suspension of fiat withdrawals and deposits on the cryptocurrency exchange. Binance had reportedly addressed the interruption of withdrawals via FasterContinue reading “Binance resumes sterling withdrawals in UK”

China’s sweeping ban on cryptocurrency mining incapacitated an industry to a large extent, the impact of which was reflected in the drop in hashrate. According to an estimate by Adam James, a senior editor at OKEx Insights, ‘more than 20 mining entities were affected by the shutdown, while smaller mining operations may continue to skirt regulationsContinue reading “Bitcoin: Is there a flip side to the ‘Headwinds originating from China’?”

“Bitcoin beats gold investments”, “Bitcoin is Gold 2.0″…These are some of the different statements that are frequently used within the crypto community in the age-old debate of Bitcoin vs Gold. Over the last 1000 years, gold has been a store of value for many years. From being used by Egyptian Pharaohs to modern-day Billionaires storingContinue reading “Is Bitcoin a threat to Gold investing? Here’s what you need to know”

India’s stance towards cryptocurrencies has been steadily changing over the past year: indications of ebbing hostility towards this sector have been widely covered. Considering the sheer number of people who can benefit from the decentralized sector, this is an encouraging development for the fintech sector. Coin switch Kuber raised $25 Mn at a $500 MnContinue reading “Did the Indian govt’s ‘Bitcoin ban’ campaign backfire?”

Post the surge in interest cryptocurrency space witnessed during Bitcoin’s high, NFTs too are considered by some as a way to get rich fast. In the last couple of months, NFTs have hit the news couple of times now with their sheer valuations in the marketplace. Cardano and NFT As covered previously, Charles Hoskinson inContinue reading “What’s Cardano’s game-plan when it comes to NFTs?”

The ongoing market frenzy in the cryptocurrency market received mixed reactions from the crypto community itself. While many skeptics deemed that the crypto “bubble” would soon burst, other proponents remain undeterred with the long-term price projections of the king coin. The crypto market has suffered few corrections in the past, this time was no different.Continue reading “‘Bitcoin ran into two headwinds, which was arguably healthy!’ Here’s the what and the impact”