Crypto news

CoinDCX, one of India’s leading cryptocurrency exchanges, has listed the popular meme coin Shiba Inu (SHIB) on its retail-oriented application. Despite the country’s questionable regulatory stance on cryptocurrencies, Indian investors generate millions of dollars worth of daily trading volume on various exchanges. One of the leading trading venues is CoinDCX, and it recently announced that they are listing Shiba Inu (SHIB) on their retail-oriented CoinDCX application. The...

The United States-based cryptocurrency exchange Kraken predicted that bitcoin could increase to almost $100,000 by the year’s end and could even surpass that mark, according to some technical instruments. Bitcoin Is Set Towards New Heights In its “October 2021 Market Recap & Outlook,” the veteran platform – Kraken – explained its bullish prediction with past events. It pointed out that Q4 is usually a highly successful period for bitcoin. As such, if the leading digital...

The bears continued to push bitcoin south in the past 24 hours, and the asset dropped to a weekly low of just over $62,000. Most altcoins are also in the red, with Litecoin losing the most value in a day. Bitcoin Saw a Weekly Low Just a few days ago, the primary cryptocurrency broke its previous ATH two times in a row, and the latest peak came at $69,000. As the community was anticipating another run up to $70,000, the entire landscape changed. Instead of going upwards,...

The United States Securities and Exchange Commission has rejected VanEck’s proposal for a spot Bitcoin ETF. This comes after several delays by the agency. The global investment manager VanEck has been among the most active companies when it comes down to filing with the SEC to launch a Bitcoin ETF. In the past several years, the firm had numerous applications, with some rejected by the agency and others it had to withdraw on its own. However, the landscape in the States...

According to a recent survey conducted by Pew Research Center, the vast majority of US adults (86%) have heard at least a little about digital currencies. However, only 16% of the participants admitted they have personally invested in some of them. Americans Are Aware of Crypto The nonpartisan think tank – Pew Research Center – surveyed more than 10,000 American citizens to determine the level of crypto awareness among them. Per the results, 24% of the participants said they...

Gaucho Group Holdings, Inc. – an e-commerce company that focuses on luxury items such as fine wines, leather goods and estates – has announced a major land sale that is going to be used for producing and growing vineyards. What’s the big clincher? The entire transaction occurred via cryptocurrency. Gaucho Group Is Pushing Crypto Forward The lot was available through a division of Gaucho known as Algodon Wine Estates. The firm concentrates primarily on wine-related...

Apple CEO Tim Cook has confirmed that he is a cryptocurrency owner, though he did not specify which coins he owns, nor did he mention how much his stash is worth. Even more important is that the tech mogul hinted his company is potentially looking into crypto offerings. Tim Cook on Crypto In a recent interview, Cook was approached directly by a reporter and asked if Apple would, at some point, delve further into the cryptocurrency space. The answer Cook gave was somewhat...

USDC issuer Circle has declared support for the Presidential Working Group on Financial Markets’ proposal to regulate fiat-backed cryptocurrency issuers like banks, stating that the move would foster ecosystem growth. Jeremy Allaire, CEO of Circle, told Yahoo Finance that it is imperative to regulate stablecoin issuers because the growth of such tokens could see the asset class widely adopted by many. “We’re supportive of that recommendation. We think [this] represents...

Rise Up – a platform that assists in the establishment of digital currency transparency and security – has launched its own unique token for traders to enjoy. Rise Up Is Releasing A Unique Cryptocurrency The company was initially designed to assist cryptocurrency exchanges in making their operations far more secure and stable. The firm is garnering heavy attention given that the crypto space and its security (or sometimes lack thereof) have been extremely important...

[PRESS RELEASE – Please Read Disclaimer] Social networks have become an immense part of people’s lives. However, some privacy issues and other concerns have surfaced problems that many centralized bodies are yet to address. Somewhat expectedly, the need for a decentralized network emerged, with many trying to take a share of the pie. With the fierce battle for supremacy about to take place, some projects are trying to get the upper hand by launching certain incentives. Such...