In a significant development within the Indian cryptocurrency industry, CoinSwitch, one of the leading crypto exchanges in the country, has taken legal action against its rival platform, WazirX. The lawsuit centers around a dispute involving funds allegedly stuck on the WazirX platform, which CoinSwitch is now seeking to recover. Background of the Dispute The legal…
In the world of cryptocurrency, the term “crypto whale” is often used to describe an entity—whether an individual, organization, or even a large institution—that holds a significant amount of a particular cryptocurrency. These whales have the power to influence market dynamics, including liquidity and price movements, due to the sheer volume of assets they control….
In a recent ETMarkets live stream with Delta Exchange, Saketh Ramakrishna provided an insightful explanation of the Iron Condor strategy, a popular options trading method for managing risk in volatile cryptocurrency markets. This non-directional strategy is designed to profit from periods of low volatility, making it an attractive choice for traders looking to navigate the…
In a bid to influence the future regulatory landscape for cryptocurrencies, investors and industry executives are rallying behind U.S. Vice President Kamala Harris. These leaders are planning to raise at least $100,000 for the Democratic nominee at a high-profile fundraiser in Washington, D.C., scheduled for September 13. The move comes as the crypto industry faces…
If you’ve ever thought that your crypto-obsessed friend might have a darker side, you may not be entirely off the mark. According to a recent academic paper published in the journal PLOS One, digital-asset holders tend to exhibit higher levels of “dark” personality traits such as narcissism, Machiavellianism, psychopathy, and even sadism. This provocative study…
In the fast-paced and ever-evolving world of digital currencies, staying informed about the latest trends and developments is crucial for investors and enthusiasts alike. CNBC Crypto World offers a daily dive into the most recent news and trading updates from the cryptocurrency markets, featuring high-profile interviews, expert analysis, and unique stories that shed light on…
Texas has long been a haven for cryptocurrency enthusiasts, particularly those engaged in bitcoin mining. The state’s abundant energy resources, relatively low electricity costs, and favorable regulatory environment have made it a prime location for crypto operations. However, a noticeable shift is occurring among Texas Republicans, who were once staunch supporters of the crypto industry….
ParaFi Capital, a prominent digital asset manager based in New York, has successfully raised $120 million in its latest funding round. This impressive capital infusion was backed by several high-profile investors, including Theta Capital Management and Accolade Partners, further solidifying ParaFi’s position in the rapidly evolving digital asset management industry. Notably, one of the key…
The cryptocurrency market is experiencing notable movements as XRP, the digital asset associated with Ripple Labs, has shown significant signs of recovery. Over the past month, XRP has surged by an impressive 40%, with its current price standing above $0.60. This positive momentum is largely attributed to the nearing resolution of Ripple Labs’ ongoing legal…
The year 2024 has proven to be a watershed moment for cryptocurrency investors worldwide. According to the recently published Crypto Wealth Report 2024 by Henley and Partners, the number of individuals holding over USD 1 million in crypto assets surged by an astonishing 95 percent from the previous year, reaching a remarkable total of 172,300….
The year 2024 kicked off with significant momentum for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), fueling excitement among investors and crypto enthusiasts. After a challenging 2023, many in the crypto community had high hopes that 2024 would usher in a period of sustained growth and stability for digital assets. However, as the year…
In the world of virtual assets, Bitcoin often dominates the headlines as the most popular and widely recognized cryptocurrency. However, Ethereum (ETH), the world’s second-largest cryptocurrency, has carved out a unique space in the digital asset ecosystem. While it may be overshadowed by Bitcoin’s prominence, Ethereum offers a wealth of opportunities and potential that cannot…
