As major cryptos remained stuck within recent ranges as traders digest Ethereum ETF approvals and hotter-than-expected US economic data released this week, traders are turning to the on-chain markets as they hunt for the top crypto gainers today. Bitcoin (BTC) was last trading just below $69,000, up 4% this week. Ethereum (ETH), meanwhile, is changing…
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Cryptocurrency markets are ending the week with solid momentum in wake of the SEC’s approval of spot Ethereum ETFs and, in wake of Bitcoin (BTC)’s recovery back to the $69,000 level, traders are hunting for the best crypto to buy now for quick gains. That cryptocurrency could be Ethereum (ETH). Ethereum is up over 20%…
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Malaysian authorities have dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country. The syndicate, which had been laundering funds obtained through overseas scams, was targeted in a series of raids conducted across the Klang Valley from May 13 to 21. As a result, eight local men and two women…
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In wake of news breaking that the SEC has proved eight Ethereum ETFs, crypto markets are experiencing volatility and investors are hunting for the best crypto to buy right now to benefit from Ethereum ecosystem growth. BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum ETFs. What a turn of events. It's really…
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In the early years of Bitcoin and other cryptocurrencies, the lack of a clear regulatory framework made it difficult for corporations to even consider embracing digital assets. Governments and financial regulators around the world were still trying to understand how to categorize and control these new digital assets. This ambiguity created significant risks for businesses…
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Crypto investor and trader Brian Kelly has suggested that Solana (SOL) could potentially become the next cryptocurrency to have a spot exchange-traded fund (ETF) in the United States. On a recent episode of CNBC’s ‘Fast Money’, Kelly, who also serves as the founder and CEO of the BKCM Digital Asset Fund, posed the question, “The trade now is, who’s next?” He…
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Despite lots of positive newsflow on the US regulatory front on Wednesday, major cryptos spent most of the session unwinding recent gains, with investors hunting for the best crypto to buy now needing to get selective in their search for near-term gains. Bitcoin (BTC) was last down around 1.5% in the past 24 hours and…
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The landscape of crypto taxes is varied and dynamic, with some nations emerging as particularly friendly to crypto investors and traders. Countries with low taxation on cryptocurrencies reap the benefits of increased investment, innovation, and economic growth, creating a compelling argument for the adoption of similar policies worldwide. Contrasting these havens are countries with more…
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Blockchain gaming platform Gala Games has retrieved approximately $22 million worth of Ether (ETH) from the individual responsible for a recent “security incident.” The incident occurred on May 20 when the attacker minted Gala (GALA) tokens worth $200 million and sold a small portion of them before the wallet was frozen. On Tuesday, the attacker’s…
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BlackRock’s spot Bitcoin exchange-traded fund (ETF) has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday. The combined inflows for these ETFs surpassed $300 million, a substantial boost for the market. Preliminary data from Farside Investors reveals that BlackRock’s iShares Bitcoin Trust (IBIT) witnessed a substantial inflow of…
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