Binance, the world’s largest cryptocurrency exchange, has resumed operations in India after a seven-month ban due to its failure to register with the Financial Intelligence Unit of India (FIU-IND). The exchange announced…
Australia’s competition watchdog has revealed that more than half of cryptocurrency ads on Facebook are either scams or violate Meta’s advertising policies. The Australian Competition and Consumer Commission (ACCC) disclosed this in…
A significant portion of Bitcoin holders, often referred to as “hodlers,” have kept their coins untouched for the past six months, regardless of market fluctuations. Onchain data confirms that nearly half of…
The volatile landscape of cryptocurrency investments continues to show its unpredictable nature as the Grayscale Ethereum Trust (ETHE) reports a single-day net outflow of $31 million. This reversal to negative flows underscores…
Jump Trading, a prominent market maker, has recently transferred 17,049 Ether (ETH) worth approximately $46.44 million, sparking fears of an impending sell-off. This move has drawn significant attention from the crypto community,…
Crypto.com has made history by becoming the first cryptocurrency platform to secure an exclusive partnership with the UEFA Champions League. Announced on August 14, this multi-year agreement positions Crypto.com as an official…
Lagos State, Nigeria, is taking a groundbreaking step by announcing a plan to tokenize its real estate market. This initiative, driven by blockchain technology, aims to increase transparency, efficiency, and ease of…
Bitcoin’s price has dropped below the $59,000 mark after institutional investors paused their stablecoin accumulation, a move that previously supported the cryptocurrency’s recovery. On August 12, Bitcoin’s price fell 3.9%, trading at…
Bitcoin miners recorded their lowest daily revenue of the year, with earnings dropping to $2.54 million on August 11. This marked a significant decline that the community had anticipated, particularly after the…
The cryptocurrency market is witnessing a fierce competition among its top players, with Solana (SOL) emerging as a standout performer in 2024. As market watchers compare the performance of Solana, Ethereum (ETH),…
The U.S. Internal Revenue Service (IRS) has introduced an updated Form 1099-DA for reporting digital asset transactions, signaling a significant shift in how crypto dealings will be documented for tax purposes. Set…
Morgan Stanley, the largest wealth manager in the U.S., is facing warnings from a former Securities and Exchange Commission (SEC) official over its decision to allow its financial advisors to recommend Bitcoin…
Defunct cryptocurrency exchange Celsius has initiated legal action against Tether, accusing the stablecoin issuer of misappropriating assets and seeking nearly $3.5 billion in Bitcoin (BTC) returns, damages, and legal fees. This lawsuit…
Coinbase Chief Legal Officer Paul Grewal has voiced concerns on social media over the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. He warns that the rule could…
Robinhood Markets, Inc. (Nasdaq: HOOD) has announced record revenues of $682 million for the second quarter of 2024, marking a 40% increase compared to the same period last year. This impressive growth…
The United States Internal Revenue Service (IRS) has released an updated draft of its crypto reporting form, intended for US taxpayers to use starting in 2026. The revised draft, published on August…
Thailand has taken a significant step towards embracing cryptocurrency by launching a regulatory sandbox dedicated to testing digital asset services. This move is part of the country’s ongoing efforts in 2024 to…
Tether, the issuer of the largest stablecoin, has minted over $1.3 billion in USDT since the market bottomed on August 5. This influx of newly minted stablecoins suggests that investors are gearing…
In a significant development for the BRICS alliance, Russia has officially legalized Bitcoin and cryptocurrency mining. Russian President Vladimir Putin signed the new law on Thursday, marking a pivotal step in the…
The Bitcoin power law, a mathematical model that predicts the continued growth of Bitcoin’s price, has ignited a fierce debate. Critics argue that the model is deeply flawed, while supporters stand by…
Top executives from major cryptocurrency firms recently participated in a video call with U.S. lawmakers and Biden administration officials to discuss the future of crypto regulation. Key Figures and Discussion Points Representatives…
Bitcoin has surged past the $62,000 mark for the first time since August 3, leaving futures traders scrambling to adjust their positions. Bullish Patterns Emerge On August 8, Bitcoin briefly touched $62,510…
Bitfarms, a Canadian Bitcoin mining company, saw its stock surge nearly 22% on August 8 after reporting better-than-expected results for the second quarter. Q2 Earnings Overview Bitfarms reported a loss of $0.07…
Ruja Ignatova, known as the “Cryptoqueen,” has been missing since 2017 while international authorities continue to search for her. On August 7, the United Kingdom’s High Court of Justice issued a Worldwide…
You are all caught up.
