Crypto markets dipped today after the Federal Reserve released minutes from its July meeting in which the agency said it would continue to hike interest rates in order to tame inflation. Bitcoin’s price dropped 0.9% in the hour following the Fed’s announcement, and was down 2.4% for the day. Ethereum was down by 0.9% and
Investors have a new way to buy cryptocurrencies.
Schwab Asset Management released its Schwab Crypto Thematic ETF (STCE) this month to answer investor demand.
India’s Enforcement Directorate (ED), a government agency that is responsible for probing financial crimes, has frozen assets worth 3.7 billion rupees ($46.4 million) at crypto exchange Vauld, it said in a statement Friday.
Bitcoin, the largest cryptocurrency by market value, recently fell more than 72 percent since its November high.In a survey conducted by Crypto Literacy in November 2021, 98 percent of respondents lacked a basic understanding of crypto concepts. However, during this same period, the global crypto market cap surged to a record $3 trillion as both
Last week, cryptocurrency investors received some respite from the fall in the value of digital tokens. Over the previous seven days, Bitcoin rose nearly 3 per cent, and Ethereum gained 13 per cent, according to coinmarketcap.com. Bitcoin and Ethereum are the largest and the second-largest digital tokens by market cap, respectively. Market data suggests that
You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC) exchange-traded fund (ETF) and the percentage of active crypto holders in the country has increased steadily over the past two years. Against this backdrop