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Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume

A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early…

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India Maintains Crypto Tax Regulations in 2024/25 Budget

Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS)…

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Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure

Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring…

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US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch

Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest…

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Kamala Harris Urged to Embrace Digital Assets

The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote…

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South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection

Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a…

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Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination

Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized…

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Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs

Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager,…

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