Bankrupt crypto lending firm Celsius has filed an intent to retrieve funds from those who withdrew $100,000 or more in the three-month period leading up to the firm’s bankruptcy filing.Celsius, the crypto lender that filed for bankruptcy in 2022, is considering a bold move in an attempt to recoup funds from creditors who made significant […]
Renowned investor and author of the bestseller “Rich Dad Poor Dad,” Robert Kiyosaki, has predicted a significant surge in Bitcoin’s value, potentially reaching an all-time high of $150,000. This forecast is primarily based on the potential approval of a spot Bitcoin ETF in the United States, which Kiyosaki believes could be a game-changer.The introduction of […]
A security breach at the United States Securities and Exchange Commission (SEC) has led to the spread of false information about the approval of spot Bitcoin ETFs, sparking a thorough investigation by US Senators J.D. Vance and Thom Tillis. The senators have sent a detailed letter to SEC Chairman Gary Gensler, demanding clarity and explanations […]
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 (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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
