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DeFi
26 Jan 2024

Senator Lummis Named Bad Actors As Major Problem In The Crypto Sector

In a recent report, United States Senator Cynthia Lummis pointed out that the major problem faced in the cryptocurrency industry emanates from bad actors and not the assets themselves. Hence, the senator called upon the government to improve its approach to targeting and cracking

Priya Nandan3 min
DeFi
21 Jan 2024

Terra Classic Named Among the Top-100-Coin, $GFOX Nears $3 Million

With a reasonable increase in market traction and popularity, Terra Luna Classic ($LUNC) has made it into the top 100 list of coins, marking a significant development in the cryptocurrency field. At the same time, Galaxy Fox ($GFOX), the related cryptocurrency, is approaching its

Priya Nandan2 min
DeFi
19 Jan 2024

BlackRock’s BTC ETF Records Major Milestone, Inflow Exceeds $1 Billion

BlackRock’s Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), has become the first in its category to surpass the threshold of $1 billion in net inflows. According to data gathered by Bloomberg, investors put in an incredible $371 million in a single day on Wednes

Elena Marsh3 min
DeFi
19 Jan 2024

Ethereum Faces a Viable Competition as PAMBO Arrives

Pandoshi (PAMBO) has emerged as a new rival for Ethereum (ETH), the second-largest cryptocurrency by market value. Pandoshi, which only cost $0.006 during its presale period, is attracting a lot of interest and might challenge Ethereum’s dominance in the blockchain industry. The

Tomas Reiner3 min
DeFi
17 Jan 2024

BTC ETF Outperforms, Gets Unprecedented Growth in Trading Volumes

The recently introduced Bitcoin exchange-traded funds (ETFs) have seen an incredible spike in trading volumes, outpacing the total trading volumes of all 500 ETFs introduced in 2023. These Bitcoin ETFs, led by Grayscale, BlackRock, and Fidelity, cumulatively generated $10 billion

Elena Marsh3 min
DeFi
16 Jan 2024

Tether Gives Feedback to UN Report, Refutes USDT Allegation

Tether has responded to the latest report from the United Nations Office on Drugs and Crime (UNODC). Recall that recently, the UN group accused the company’s stablecoin of being a major cryptocurrency tool for illicit activities in the Southeast part of Asia. Tether went ahead to

Priya Nandan3 min
DeFi
13 Jan 2024

SEC Chairman Shares Important Warnings Amid BTC ETF’s Latest Decision

As BlackRock, ARK 21Shares, and VanEck prepare to bow out by submitting amended S-1 forms – and with rising positive market reaction the cryptocurrency industry is getting as a result of the most expected SEC approval, the Securities and Exchange Commission (SEC) Chair Gary Gensl

Tomas Reiner2 min
DeFi
12 Jan 2024

Rough Day for Spot BTC ETFs Amid $4.6 Billion Traded

Amid a $4.6 billion total transaction volume, the highly anticipated launch of Spot Bitcoin Exchange-Traded Funds (ETFs) was met with a difficult start, making it a volatile day for the ETFs and Bitcoin itself. Varinder Singh from CoinGape has described the introduction of Spot B

Tomas Reiner3 min
DeFi
8 Jan 2024

XRP Returns to GDLC, Speculates for an XRP ETF Rise

The re-entry of XRP into the Grayscale Digital Large Cap Fund (GDLC) has sparked speculation about the potential creation of an XRP exchange-traded fund (ETF), which has been described as a major move for the cryptocurrency industry. The GDLC Fund has again embraced XRP, highligh

Priya Nandan3 min