Tags : Heres

Bitcoin

US Feds just sold $19 million in Bitcoin. Here’s why

The Department of Justice’s Northern District of Ohio received a significant return on the confiscated Bitcoin (BTC) forfeited after Mark Alex Simon’s conviction, accused of manufacturing and distribution of fraudulent identity documents or authentication features and conspiracy to launder money, according to Toledo’s local news.  As per U.S. Attorney Bridget M. Brennan’s announcement last Thursday, […]Read More

Cryptocurrency

Here’s how stablecoins like DAI made an impact in the

The crypto sector has witnessed growth since the decentralized finance (DeFi) summer of mid-2020. And diving deeper into the DeFi ecosystem reveals the current state of stablecoin utilization and the circulating supply of the decentralized stablecoin ‘DAI.’ Growing stablecoin usage The growth of the DeFi ecosystem, which is built mainly on the innovative use of […]Read More

Regulation

Launch of Bitcoin ETFs in the U.S. could see further

Several industry leaders say recent comments by US Securities and Exchange Commission (SEC) chairman Gary Gensler have delayed the possible launch of a Bitcoin exchange-traded fund (ETF) in the country, financial industry outlet Bloomberg reported Tuesday. Not coming soon ETFs are regulated financial instruments that track the value of an underlying asset and provide asset […]Read More

Bitcoin

Here’s how former Coinbase CTO Balaji Srinivasan says India should

Former Coinbase CTO Balaji Srinivasan says India must enable cryptocurrency payments and related services for its citizens on several government-backed applications, as per a blog post over the weekend. He proposed adding cryptocurrencies to ‘IndiaStack,’ a set of national APIs for payments, identity, KYC, e-signature, and document verification that is used by government applications to […]Read More

Bitcoin

A Potential Bitcoin Price Explosion Above $60,0000 is Brewing; Here’s

Has the Bitcoin market topped out as traders constantly fail to achieve a breakout move above $60,000? Apparently, no. Bitcoin upside trapped by $60,000-resistance. Source: BTCUSD on TradingView.com According to Ki-Young Ju, the CEO of CrypoQuant — a South Korea-based blockchain analytics firm, Bitcoin has every reason to break bullish on $60,000. The analyst cited […]Read More