November 21, 2023 By Sharan Kaur Phillora A recent development in the cryptocurrency market has drawn significant attention: a wallet affiliated with Hong Kong-based crypto exchange Hashkey reportedly sold over $90 million worth of Ethereum (ETH) within a span of 10 days. This substantial offloading of Ethereum has been linked to a minor decline in the […]

November 21, 2023 By Anjali Kochhar As we approach the end of 2023 an eventful year in terms of geopolitics and financial stability of the world it’s just a matter of time before the world will start talking about welcoming year 2024. The history of cryptocurrency is a tale of remarkable evolution and volatility, offering

November 20, 2023 By Anjali Kochhar In a groundbreaking move, BlackRock, the world’s largest asset manager, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for the creation of an exchange-traded fund (ETF) dedicated to Ethereum. The proposed ETF, named the iShares Ethereum Trust, is designed to mirror the price movements of

November 20, 2023 By Sharan Kaur Phillora Binance, a leading figure in the cryptocurrency industry, has marked its entry into Thailand’s digital asset market through a strategic collaboration with Gulf Energy. This venture introduces Binance.th, a digital asset exchange aiming to reshape Thailand’s cryptocurrency landscape, currently dominated by the local giant Bitkub. Here’s what we

November 17, 2023 By Sharan Kaur Phillora The Monetary Authority of Singapore (MAS) has recently initiated five additional industry pilots under Project Guardian, focusing on various aspects of asset tokenization. This initiative, led by Singapore’s central bank, aims to develop a new financial infrastructure incorporating decentralized finance (DeFi) elements. The primary goal of these initiatives

November 17, 2023 By Anjali Kochhar A drop in Bitcoin’s NFT sales is similar to Ethereum’s early issues; is the original blockchain prepared for a resurgence in the collectibles industry? If you didn’t get these ordinals and BRC-20s earlier this year, it’s unlikely that you will in the near future. To be honest, the items

November 16, 2023 By Sharan Kaur Phillora In a significant development for the cryptocurrency sector, BC Technology Group, the operator of OSL, a major publicly listed cryptocurrency exchange in Hong Kong, has secured an investment of approximately 710 million Hong Kong dollars ($90.1 million). This investment was made by BGX, an influential player in the

November 16, 2023 By Anjali Kochhar Strike Options is a new derivatives trading option that Crypto.com has added to its app. It enables US customers to employ short-term binary options to speculate on cryptocurrency prices. With the start of its new derivatives product, Strike Options, Crypto.com has expanded its trading offering significantly. This service is designed

November 15, 2023 By Anjali Kochhar Traditionally, gold has been seen as a conservative and uncorrelated investment vehicle, but Bitcoin is beginning to pose a major threat to that. Changes in economic systems have had a significant impact on gold’s function in politics and economics, influencing a large portion of human finance. Over societal shifts

November 15, 2023 By Sharan Kaur Phillora In a landmark deal, Foresight Ventures, a Singapore-based fund, has completed the acquisition of the majority shares of The Block, a premier crypto news and data provider, at a valuation of $70 million. This acquisition marks a significant step in the company’s expansion plans, particularly its intended foray