Bitcoin ETFs Await SEC Approval Amid Market Manipulation Concerns

Expectations are high among U.S. asset managers that the securities regulator will permit spot bitcoin exchange-traded funds (ETFs) to trade. This comes despite a recent fake post on the agency’s social media account that caused confusion by prematurely announcing its approval. BlackRock is reportedly planning to reduce fees on its spot Bitcoin ETF from 0.30% […]

Ethereum Poised for Bullish Breakout, Predicts Analyst Michaël van de Poppe

Ethereum (ETH), a leading player in the cryptocurrency market, is currently at a crucial point, according to renowned crypto analyst Michaël van de Poppe. In a recent tweet, van de Poppe shared his insights, suggesting that Ethereum is nearing its 2022 low and is likely to gather liquidity at this level.Van de Poppe predicts a […]

Apple’s App Store Blocks Off-Shore Crypto Exchanges in India

The Indian government has issued a violation warning against nearly a dozen off-shore cryptocurrency exchanges. Following this, Apple’s App Store in India has barred the apps for Binance, KuCoin, Bitget, Huobi, OKX, Gate.io, and MEXC, preventing the addition of new users to these exchange programs.The Financial Intelligence Unit (FIU) of the Indian Ministry of Finance […]

Bitcoin Market Volatility Triggered by Fake News from Compromised SEC Account

The Bitcoin market experienced significant volatility due to fake news originating from a compromised X (formerly Twitter) handle, according to Greeks.live, a popular crypto options trading platform. This unexpected event led to a substantial increase in RV, while IV saw a slight decrease.The market is eagerly awaiting the approval of a spot Bitcoin ETF by […]

BitGo Gains Approval for MPI License, Named Hashdex’s Bitcoin Custodian

BitGo, a renowned crypto custodian, has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI). This approval is a significant step towards obtaining a full MPI license, which would allow BitGo to offer digital payment token services in Singapore.The US-based company’s Singapore arm is eagerly awaiting […]

UK Crypto Investors Face Penalties for Late Tax Returns

As the January deadline approaches, a stern warning has been issued to crypto investors in the UK. The warning pertains to the penalties associated with the late submission of tax returns. The UK government has made it clear that any delay in the submission of the assessment can lead to a fixed penalty.This penalty is […]

Imminent Bitcoin ETF Approval Could Reshape Cryptocurrency Industry

The crypto community is abuzz with anticipation and confusion as the final deadline for the SEC’s decision on spot Bitcoin ETF applications approaches. This comes in the wake of a false news report that prematurely announced the approval of these applications.Despite the confusion, experts are optimistic that the approval is on the horizon, a development […]

BlockGuard, Pixelette Form Strategic DeFi Partnership, Boosting Web3 Vision

BlockGuard, a leading Web3 platform, has entered into a strategic DeFi partnership with Pixelette Technologies, a prominent London-based blockchain and IT firm. This equity partnership is a significant milestone for BlockGuard, as it also welcomes Asif Ashiq Rana, Pixelette’s CEO, as an advisor. Rana, a key figure advising the British government on blockchain and AI […]

Crypto Tax Reporting: Challenges and Compliance Amidst Regulatory Uncertainty

The United States Securities and Exchange Commission (SEC) is on the verge of approving a spot Bitcoin exchange-traded fund (ETF), a move that could significantly change the crypto landscape. However, the readiness of the United States to handle a surge of first-time crypto investors, particularly in terms of tax compliance, is questionable.Crypto investors, like their […]

Celsius Demands 27.5% Return on Pre-Bankruptcy Withdrawals Amid Revival

In the wake of large pre-bankruptcy withdrawals, Celsius, a cryptocurrency company, is grappling with the challenges of regulatory compliance and financial stability. The company is actively pursuing a post-bankruptcy Bitcoin mining strategy, highlighting the complex and evolving nature of the crypto landscape where legal scrutiny and financial restructuring intersect.Meanwhile, Web3 platform BlockGuard has entered into […]