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What Factors To Consider Before Choosing A Crypto Broker

The demand for cryptocurrency brokers has grown along with the popularity of cryptocurrencies. Between cryptocurrency buyers and sellers, crypto brokers function as a middleman. They help users manage their investments in the cryptocurrency market and make it easier for consumers to buy and sell digital currencies. But not all cryptocurrency brokers are the same and … Read more

As BUSD Liquidity Concerns Keep Rising, Coinbase Announces Suspension Of BUSD Trading

Coinbase has finally executed the suspension of the Binance USD (BUSD) that it had previously announced. According to the officials, trading for the BUSD has been suspended as they had previously communicated. BUSD Trading has been Suspended The teams at Coinbase have made the final announcement pertaining to the suspension of Binance USD. In the … Read more

Would Silicon Valley Bank’s Collapse Marks End Of “Crypto Winter”

Impact of Silicon Valley Bank’s fall onto the Crypto Industry A few days back, the US banking sector was surprised when it acknowledged the fact that Silicon Valley Bank was going to collapse. It was on 10th March 2023 when Silicon Valley Bank (SVB) announced its failure to carry on the banking business any longer. … Read more

SEC Obtains Asset Freeze In Miami-Based Crypto Asset Fraud Scheme

Authorities worldwide have been actively scrutinizing activities related to the crypto industry and these have often been followed by some serious crackdowns. The regulating authorities hunt down illicit crypto activities so that further illegal activities and infringement of laws can be prevented. SEC’s Action Against Cryptocurrency The Securities and Exchange Commission (SEC) in the US … Read more

Slower Interest Rate Hike Prospects Weigh On Dollar As U.S. Jobs Data Disappoints

On Friday, the US dollar lost its price as a result of the latest labor statistics for February indicating a decrease in the rate of wage growth. Experts believe that the reduction of inflationary constraints could result in the Federal Reserve’s gradual pace of increasing interest rates. Since there is no urgency to increase the … Read more

Traders Reassessment of Feds Policy and Banking Turmoil in US Causes Dollar Price to Weaken

The Monday trading session saw the dollar price take yet another dive. The trading value of the dollar slipped to a lower level as witnessed in the Forex trading session on Monday. According to analysts, there are two factors behind the slump in the trading price of the dollar. Stance on Interest Rates The first … Read more

Coinbase Executive Claims Institutional Investors are Taking an Interest in Crypto other than Bitcoin and Ethereum

At present, Bitcoin and Ethereum are among the biggest cryptocurrency market forces and drivers. However, one Coinbase executive believes that the big players are taking an interest in cryptocurrency beyond the scope of these two giants. The idea was shared by Coinbase’s head of Institutional research named, David Duong. He claimed that according to the … Read more

India’s Plan to Regulate Cryptocurrencies Gets IMF Support

Cryptocurrency investors in India have not been showing a favorable stance from their government. Crypto traders are liable to pay as high as 30% taxes on their crypto investments. IMF, which has been vocally opposed to the promotion of cryptocurrencies, has recently lent its support to India in association with the US government. The international … Read more

Fund Manager Matt Hougan Says Next Crypto Bull Run will Surpass All Previous Records

Cryptocurrency markets took a back seat for a while, but the market is ready for another massive comeback. To this end, the CIO of Bitwise Asset Management, Matt Hougan, has shared his optimism. He recently told the media that the upcoming bull run in the cryptocurrency market is going to be notorious and surpass all … Read more

IMF Executive Board Declares Bitcoin as Legal Tender

There has been some noise on the matter of adopting cryptocurrencies as legal tender since the elevation of Bitcoin in El Salvador. IMF, which has been known to issue loans to the country, has been critical of the idea and has dismissed the step as a silly experiment. Recently, the board of IMF has ruled … Read more