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Bitcoin Nears $113,500 as ETFs See Outflows, Ether Holds $4,100
Bitcoin slipped to around $113,638 on Wednesday, August 20, while Ether traded near $4,176 as the crypto market cooled after recent highs. Analysts said ETF outflows, Trump’s tariffs on metals, and weak investor sentiment have triggered risk-off moves, with fear dominating short-term behaviour. Altcoins also faced pressure, though whale accumulat...
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Hot Dogs, Selfies, Sneakers: Humanoid Robot Grabs New York City's Attention
A humanoid robot marched through Midtown Manhattan last week, causing a stir and drawing shocked stares in the heart of New York City.
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Bitcoin Hits Record High Of $120,000 As Bullish Momentum Builds
Bitcoin breached $120,000 for the first time, with investor optimism increasing almost daily after it emerged from a narrow trading range that had left skeptics wondering whether the original cryptocurrency would regain the record-breaking momentum.
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Trump Media Seeks SEC Approval for Bitcoin and Ethereum ETF
Trump Media and Technology Group is seeking to launch an exchange-traded fund (ETF) that will invest in both Bitcoin and Ethereum. Trump Media has yet to reveal fees for the bitcoin ETF. Similar products have fees of 0.12 percent.
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Stablecoin Firm Circle Adds to Stellar First Day Gains with Another Stock Surge
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-dri...
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Ripple CEO Announces End of Four-Year SEC Battle as XRP Surges: Key Details
Ripple CEO Brad Garlinghouse announced that the SEC is dropping its case after four years, crediting the US's new pro-crypto administration for its innovative approach.
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US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF
The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalisation. The US regulator in a filing approved the so-called form 19b-4, one step in the overall process that would allow the product to start trading.
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Web3 Stakeholders Share Focus Points for 2025 as 2024 Wraps-Up
As 2025 approaches, the Web3 industry eagerly anticipates greater regulatory clarity for the sector. Industry leaders are placing significant bets on the expansion of asset tokenisation and forecasting a closer integration of Web3 technologies with Artificial Intelligence (AI).
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US SEC Gives Green Light for Options Listing for Spot Bitcoin ETFs to NYSE
The Securities and Exchange Commission (SEC) has granted "accelerated approval" to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the NYSE.
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Japan Crypto Review May Open Door to Lower Taxes, Dedicated ETFs
Japan's Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments act is adequate, an official at the agency said, asking not to be identified in line with the institution’s rules.
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North Korean Hackers Intensifying Attacks on Crypto Sector, FBI Warns
The FBI has said that North Korean hackers are increasingly deploying sophisticated hack attacks over the crypto sector. The aim of these hackers, as per the FBI, is to steal hefty crypto reserves from firms that are operating services around digital assets.
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CoinSwitch Launches New Service for High Networth Individuals Owing to User Demands: Details
Indian exchange CoinSwitch has announced a new service that's been designed to cater to high networth individuals (HNIs). In conversation with Gadgets360, CoinSwitch’s Business Head, Balaji Srihari said that the recent approval of crypto exchange traded funds (ETFs) in the US has sparked institutional interest in crypto investments.
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Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
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Nasdaq Seeks US SEC Approval for Bitcoin Index Options
The proposed Nasdaq Bitcoin Index Options would track the CME CF Bitcoin Real-Time Index, developed by CF Benchmarks to track Bitcoin futures and options contracts available on the exchange operated by CME Group, Nasdaq said.
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Total Capitalisation of Digital Assets Rose by 44 Percent in H1 2024: Binance
Binance has revealed that the overall capitalisation of the crypto sector rose by 44 percent or $720 billion (roughly Rs. 60,45,112 crore) in the first half of 2024. The influx of stablecoins into the crypto market has also shown a significant rise this year. Stablecoins are those crypto assets that are backed by traditional assets like fiat curren...
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Bitcoin Nears $113,500 as ETFs See Outflows, Ether Holds $4,100
Bitcoin slipped to around $113,638 on Wednesday, August 20, while Ether traded near $4,176 as the crypto market cooled after recent highs. Analysts said ETF outflows, Trump’s tariffs on metals, and weak investor sentiment have triggered risk-off moves, with fear dominating short-term behaviour. Altcoins also faced pressure, though whale accumulat...
-
Hot Dogs, Selfies, Sneakers: Humanoid Robot Grabs New York City's Attention
A humanoid robot marched through Midtown Manhattan last week, causing a stir and drawing shocked stares in the heart of New York City.
-
Bitcoin Hits Record High Of $120,000 As Bullish Momentum Builds
Bitcoin breached $120,000 for the first time, with investor optimism increasing almost daily after it emerged from a narrow trading range that had left skeptics wondering whether the original cryptocurrency would regain the record-breaking momentum.
-
Trump Media Seeks SEC Approval for Bitcoin and Ethereum ETF
Trump Media and Technology Group is seeking to launch an exchange-traded fund (ETF) that will invest in both Bitcoin and Ethereum. Trump Media has yet to reveal fees for the bitcoin ETF. Similar products have fees of 0.12 percent.
-
Stablecoin Firm Circle Adds to Stellar First Day Gains with Another Stock Surge
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-dri...
-
Ripple CEO Announces End of Four-Year SEC Battle as XRP Surges: Key Details
Ripple CEO Brad Garlinghouse announced that the SEC is dropping its case after four years, crediting the US's new pro-crypto administration for its innovative approach.
-
US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF
The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalisation. The US regulator in a filing approved the so-called form 19b-4, one step in the overall process that would allow the product to start trading.
-
Web3 Stakeholders Share Focus Points for 2025 as 2024 Wraps-Up
As 2025 approaches, the Web3 industry eagerly anticipates greater regulatory clarity for the sector. Industry leaders are placing significant bets on the expansion of asset tokenisation and forecasting a closer integration of Web3 technologies with Artificial Intelligence (AI).
-
US SEC Gives Green Light for Options Listing for Spot Bitcoin ETFs to NYSE
The Securities and Exchange Commission (SEC) has granted "accelerated approval" to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the NYSE.
-
Japan Crypto Review May Open Door to Lower Taxes, Dedicated ETFs
Japan's Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments act is adequate, an official at the agency said, asking not to be identified in line with the institution’s rules.
-
North Korean Hackers Intensifying Attacks on Crypto Sector, FBI Warns
The FBI has said that North Korean hackers are increasingly deploying sophisticated hack attacks over the crypto sector. The aim of these hackers, as per the FBI, is to steal hefty crypto reserves from firms that are operating services around digital assets.
-
CoinSwitch Launches New Service for High Networth Individuals Owing to User Demands: Details
Indian exchange CoinSwitch has announced a new service that's been designed to cater to high networth individuals (HNIs). In conversation with Gadgets360, CoinSwitch’s Business Head, Balaji Srihari said that the recent approval of crypto exchange traded funds (ETFs) in the US has sparked institutional interest in crypto investments.
-
Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
-
Nasdaq Seeks US SEC Approval for Bitcoin Index Options
The proposed Nasdaq Bitcoin Index Options would track the CME CF Bitcoin Real-Time Index, developed by CF Benchmarks to track Bitcoin futures and options contracts available on the exchange operated by CME Group, Nasdaq said.
-
Total Capitalisation of Digital Assets Rose by 44 Percent in H1 2024: Binance
Binance has revealed that the overall capitalisation of the crypto sector rose by 44 percent or $720 billion (roughly Rs. 60,45,112 crore) in the first half of 2024. The influx of stablecoins into the crypto market has also shown a significant rise this year. Stablecoins are those crypto assets that are backed by traditional assets like fiat curren...
