Tether Supports Web3 Growth with a $2M Arcanum Fund Investment
The issuer of one of the most traded cryptocurrencies, USDT has made its first dubbed in the venture capital investment, Tether has invested nearly $2 million in Arcanum Capital’s Arcanum Emerging Technologies Fund II.Arcanum Emerging Technologies Fund II is a tokenized fund focused on the development, advancement, and growth of
The Crypto Compass: A Beginner’s Guide to Digital Currency
Cryptocurrency, a buzzword in today’s digital era, has redefined how we perceive money, investments, and financial systems. For beginners, the world of crypto might seem like an intricate puzzle, but once the basics are understood, the picture becomes much clearer. Here’s a concise guide to help you navigate the world
Toncoin Market Performance Slips with Open Interest Falling to $141M
Toncoin (TON) has recently seen its Open Interest (OI) in the futures market plummet to $141 million, marking its lowest point in the past nine months. Open Interest, which reflects the total value of outstanding futures contracts, is a vital indicator of market sentiment and liquidity. As per Cryptoquant data, a
Richard Heart, the founder of Hex, receives a red notice from Interpol
Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice. Issued at the request of Finnish authorities, it follows allegations of tax fraud and assault in the country. Tax Fraud and Assault Charges The Red Notice
Russia Imposes Six-Year Crypto Mining Ban in 10 Regions
Russia is set to enforce a six-year ban on cryptocurrency mining across 10 regions, with partial seasonal restrictions in key mining hubs. The regulations aim to address energy concerns while maintaining mining activity in strategic areas. Complete Ban in 10 Region Starting January 1, 2025, cryptocurrency mining will be entirely
India Risks Losing $2 Billion in Crypto Tax Revenue as Traders Flee Offshore
India’s stringent crypto tax policies are driving traders to offshore platforms, jeopardising over $2 billion in tax revenue over the next five years, according to a recent report by the Esya Centre. Missed Revenue from Offshore Platforms Since July 2022, India has missed out on approximately ₹6,000 crore ($724 million)
In December 2014, 43,000 XRP was purchased with 1 BTC. What’s Happening Today
In a recent post on X, crypto investor and analyst Dom (@traderview2) highlighted an intriguing observation regarding XRP’s performance relative to Bitcoin (BTC). Dom pointed out that in December 2014, one Bitcoin could purchase 43,000 XRP. Today, despite Bitcoin’s significant price appreciation over the years, one Bitcoin still buys 43,000 XRP. This
Bybit Proof Of Reserve Displays USDT, ETH, And BTC Changes
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and USDT at $4.11B (+29.77%), showcasing asset fluctuation trends. Bybit Proof of Reserve Highlights Asset Fluctuations Bybit’s 17th Proof of Reserve snapshot shows significant variations in user asset levels. Following the latest report on November 13, BTC
Solana (SOL) Drops to $183 but Shows Signs of Rebound
Solana (SOL) has faced a sharp downturn, with its price plunging below the crucial $200 support level to reach $183. The drop comes amid a wider cryptocurrency sell-off triggered by macroeconomic pressures. Notably, the Federal Open Market Committee (FOMC) meeting saw the Federal Reserve cut interest rates by 25 basis
XRP Price Surges Amid Ripple’s Donation to Trump’s Inaugural Committee
Potential for Short-Term Gains, But Bearish Reversal Hints at Correction Ahead XRP’s price has seen a sharp increase today, rallying by over 20% in the last 24 hours to reach $2.36 on 21 December. The surge follows reports of Ripple’s planned $5 million donation in XRP to US President-elect Donald
