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Ethereum Ascends Towards $3,800, Shows Strengthening Market Signs
March 4, 2024
As Ethereum touches the $3,500 mark, data analytics firm reports that 91% of Ethereum is now "in the money", and is showing promising signs of ascending further. Ethereum price is …
Read moreWeekly Crypto Round: Market Surge, Regulation Laws and Security Breaches
March 4, 2024
Weekly Highlights (February 23- March 1)Concerns rise over the mysterious suspension of the Hong Kong-based cryptocurrency exchange BitForex as the website and trading app go offline. Users report difficulties initiating …
Read moreComplexities of Crypto Taxation: An In-depth Look
March 4, 2024
Cryptocurrency taxation is a complex and rapidly evolving area. Taxes on cryptocurrency transactions can be significantly more complex than those on traditional assets.Cryptocurrency ownership and transactions can lead to taxable …
Read moreBitcoin Nears Historic Peak, Surpasses $65,000 Mark Amid Liquidations and Halving Expectations
March 4, 2024
Bitcoin Takes an UpsurgeThe leading cryptocurrency, Bitcoin, has observed quite a comeback with its value hitting a year-to-date high of roughly $65,500 amid European trading hours. This nears Bitcoin to …
Read moreHTX Resubmits Application for Cryptocurrency License in Hong Kong
February 27, 2024
Following a surprising withdrawal, HTX, previously known as Huobi, has redeployed its pursuit for a Virtual Asset Trading Platform (VATP) license in Hong Kong. Previously, HTX had retracted its initial …
Read moreBitcoin and Ethereum on Bullish Trajectory, Open Interest Spikes
February 27, 2024
Analysing the crypto market trends, Bitcoin and Ethereum are on a bullish trajectory with notable changes in their futures and options open interests. Open interest, the sum of unsettled derivative …
Read moreLearn Concept: How BitForex Mysteriously Went Offline Leading to a Significant Outflow of Funds
February 27, 2024
BitForex, the Hong Kong-based cryptocurrency exchange, has mysteriously gone offline, reportedly leading to a substantial outflow of its hot wallets' funds. Both the website and trading application of the platform …
Read moreBlockchain Infrastructure Project Avail Raises $27 Million in Seed Funding
February 26, 2024
Avail, a project seeking to construct a dynamic Web3 infrastructure, successfully raised $27 million in a seed funding round. This initiative was supported by renowned venture capitalism firms, with the …
Read moreMicroStrategy Enhances Bitcoin Portfolio, Stash Soars to $10.28 Billion
February 26, 2024
Business intelligence giant, MicroStrategy, has bolstered its Bitcoin portfolio with an assertive purchase of 3,000 BTC, costing around $155 million within just ten days. This aggressive acquisition has elevated the …
Read moreTornado Cash Hit by Backend Exploit, Puts User Deposits at Risk
February 26, 2024
Crypto privacy protocol, Tornado Cash, reportedly experienced a significant backend exploit, endangering user deposits and sensitive information. This security breach, disclosed by community member Gas404, signals a major vulnerability for …
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