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The inter-ministerial group, tasked with developing a complete cryptocurrency policy, now includes the RBI and SEBI.
Share link:In this post: BlackRock jumped into the Bitcoin ETF market mainly because their clients were asking for it. CEO Larry Fink, once a crypto skeptic, now sees Bitcoin as “digital gold” after studying the space deeply. There’s strong interest in Bitcoin and Ethereum, but not much enthusiasm for other cryptocurrencies among BlackRock’s clients.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on
Share link:In this post: VanEck predicts Bitcoin could hit $3 million per coin by 2050, becoming a major global currency. They think new tech will solve Bitcoin’s current transaction problems, making it useful for international trade. Despite its potential, Bitcoin has a lot of issues to clear before it can replace traditional currencies.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. W
Share link:In this post: The U.S. economy grew by 2.8% in Q2, beating expectations and showing strong consumer spending. The Federal Reserve is considering cutting interest rates, but the labor market is starting to soften. President Biden maintains tariffs on China and focuses on tech and climate policies, aiming for long-term economic stability.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on thi
Quick Take BlackRock Head of Digital Assets Robert Mitchnick said at the Bitcoin 2024 conference that the launch of spot Ethereum ETFs is unlikely to open the door to funds that track other crypto assets. ETH is not a bitcoin competitor — the assets are better seen as “compliments.” Bitcoin’s risks are fundamentally different from those of traditional assets, such as banking crises, geopolitical disorder, inflation, deficits, debt and currency debasement.
Quick Take 92,000 ETH, valued at around $287.7 million, moved for the first time in seven years. The wallet initially received 96,474 ETH valued at $130,320 on Sept. 1, 2015 12:21:51 UTC from the Ethereum Foundation.
- 10:28Analyst: If Bitcoin falls to $82,700, over $500 million in long positions may face liquidation riskAccording to ChainCatcher, crypto analyst Ali Martinez posted on the X platform that if Bitcoin falls to $82,700, approximately $543.84 million in long positions may face liquidation risk.
- 10:27Data: A certain whale has purchased over 4,220 ETH in the past 5 hours, amounting to approximately $6.84 millionAccording to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that in the past 5 hours, a certain whale bought 4,224.5 ETH at an average price of $1,619 during a downtrend, worth $6.84 million. Subsequently, the tokens were transferred to address 0x3F6...B4aF9, which currently holds a total of 14,001 ETH valued at $22.6 million.
- 10:22The Ethereum SVM Layer 2 network Eclipse announces that the snapshot has been completedOdaily Planet Daily reported that the Ethereum SVM Layer2 network Eclipse announced on platform X: Grass points have been locked, and the snapshot has been completed.