January 22, 2024 By Joe Pan Bitcoin’s rollercoaster ride took a dip after the long-awaited spot ETF launch. While some see it as a mere blip, others worry it’s a sign of a deflating dream. Let’s pit two quantitative analysts, Henrique Centieiro and Fabian Lischka, against each other to dissect the post-ETF landscape. Henrique, the […]

January 19, 2024 By Sharan Kaur Phillora At the World Economic Forum in Davos, Chinese Premier Li Qiang highlighted the critical need to establish ethical boundaries in the rapidly advancing field of artificial intelligence (AI). His comments come at a pivotal moment when AI’s integration into various aspects of life grows, raising concerns about privacy,

January 19, 2024 By Anjali Kochhar Data from blockchain analytics company Arkham Intelligence shows that on January 16, the Grayscale Bitcoin Trust (GBTC) moved 8,730 Bitcoin BTC $42,599, valued over $376 million, to Coinbase Prime deposit accounts. The transactions suggest that when the fund’s share price dropped, it might have been obliged to sell off some

January 18, 2024 By Anjali Kochhar While Indian crypto exchanges have had a bad year, some are seeing a light at the end of the tunnel. Following the Financial Intelligence Unit’s (FIU) strict actions against offshore virtual digital assets (VDA) service providers, there has been a remarkable increase in user registrations and deposits on Indian

January 18, 2024 By Anjali Kochhar WazirX peaked as India’s largest cryptocurrency trading platform in 2022, with a $43 billion turnover, in just four years since its founding. However, the corporation had a 90% decline in revenue the following year, bringing in just $4 billion. Both businesses are among many that have suffered from high

January 17, 2024 By Sharan Kaur Phillora The Monetary Authority of Singapore (MAS) is set to strengthen its regulatory control over the cryptocurrency industry with the introduction of the Financial Institution (Miscellaneous Amendment) Bill 2024. This new legislation targets firms holding Capital Markets Services Licenses (CMSL) engaged in decentralized operations like payment token products and

January 17, 2024 By Sharan Kaur Phillora HashKey, a Hong Kong-based crypto exchange, has officially reached unicorn status following a substantial Series A funding round that garnered nearly $100 million. This latest financial boost places the company’s pre-money valuation at over $1.2 billion, marking a significant milestone in the competitive cryptocurrency sector. Here’s what we

January 16, 2024 By Anjali Kochhar In the midst of a global digital upheaval, India anticipates pivotal changes in its economic landscape as it prepares for Budget 2024. With technology steering the way for innovation and economic growth, governments worldwide are grappling with the challenge of aligning taxation strategies with the dynamic nature of the

January 16, 2024 By Sharan Kaur Phillora Following the United States’ recent authorization of spot cryptocurrency exchange-traded funds (ETFs), industry experts urge Hong Kong to accelerate its approval process for similar products. This move is crucial for Hong Kong’s aspiration to become Asia’s leading virtual asset hub. Here’s what we know: Despite the Securities and

January 15, 2024 Digital asset firm darwinbit’s Chief Marketing Officer and Spokesperson Kimberly Jin spoke to NFTMetta’s Tsering Namgyal about the potential implications of the Securities Exchange Commission’s approval of spot Bitcoin ETFs. Q: Will there be a potential shift in investor sentiment following the acknowledgement of limitations in Bitcoin’s surge? A: Analysts from Standard