Vaibhavv Ali
Crypto Mogul’s Strategic Move Arthur Hayes, the co-founder of BitMEX, has recently made a significant investment in Ethena (ENA). The renowned crypto trader has acquired 16.79 million ENA tokens, valued at approximately $11.21 million. This strategic move has sparked widespread interest and speculation within the crypto community. While Hayes hasn’t publicly disclosed his reasons for … Read more
A Resilient Community Despite the imposition of significant taxes on cryptocurrency transactions in India, the country’s crypto community continues to flourish. The 30% tax on capital gains and the 1% TDS (Tax Deducted at Source) haven’t dampened the enthusiasm of Indian crypto enthusiasts. A Young and Tech-Savvy Population India’s large, young, and tech-savvy population has … Read more
A Strategic Move Ripple, a leading blockchain technology company, has announced its strategic partnership with Bitwise Asset Management to expand its XRP ETP offerings. This move signifies a significant step forward for Ripple as it aims to increase the accessibility of XRP to institutional investors. The Rebranded XRP ETP As part of this partnership, Bitwise … Read more
A Sudden Turn for Gifto Binance’s recent announcement of the delisting of the Gifto (GFT) token on December 10th, 2024, has sent shockwaves through the cryptocurrency community. The news was followed by a peculiar move from the Gifto team, who minted and deposited a significant amount of GFT tokens into exchanges. A Massive Token Dump … Read more
A New Era for Crypto in Russia Russia’s Federation Council has given its approval to a bill that will introduce a new tax regime for cryptocurrency transactions and mining activities. This significant step brings the country closer to regulating the cryptocurrency market and establishing a clearer legal framework for digital assets. Key Points of the … Read more
The Golden Cross and Its Impact On November 6th, 2024, a significant technical event occurred on the TON chart: the Golden Cross. This bullish pattern, formed by the 50-day moving average crossing above the 200-day moving average, often signals the start of an upward trend. Following this event, TON’s price surged by 35%, reaching a … Read more
Vancouver is positioning itself as a forward-thinking city with bold aspirations to integrate Bitcoin into its financial ecosystem. Mayor Ken Sim recently announced his support for Bitcoin as a strategic reserve asset, marking a significant step in aligning the city’s financial strategy with cutting-edge technology. This move could not only position Vancouver as a leader … Read more
Marathon Digital has continued its Bitcoin accumulation spree, adding another 703 BTC to its treasury in November. This brings the company’s total Bitcoin holdings to approximately 34,794 BTC, valued at over $3.3 billion at current prices. The recent acquisition was fueled by the $1 billion raised through a zero-interest convertible senior note sale. The company … Read more
Whale Activity Drives ADA’s Recovery Cardano (ADA) has recently witnessed a surge in price, fueled by significant whale accumulation. During a recent price dip to around $0.30, whales capitalized on the opportunity to acquire over 130 million ADA tokens. This strategic buying activity has strengthened the $0.30 level as a crucial support zone. A Bullish … Read more
A New Era for Crypto ETFs? Bitwise Asset Management, a prominent player in the crypto investment space, has recently submitted a proposal to the SEC for a 10-Crypto Index ETF. This move could significantly impact the crypto investment landscape, potentially making it more accessible to a wider range of investors. The 10-Crypto Lineup The proposed … Read more