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Bitcoin maintained its position above $40,000 as it traded in the European markets on Thursday, despite a relatively stable performance of the US dollar index. This stability came just ahead of the eagerly anticipated release of the US fourth-quarter gross domestic product (GDP) data. As of 09:38 UTC, Bitcoin, the leading cryptocurrency by market capitalization, […]

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Bitwise, a crypto asset management firm, made history on Wednesday by becoming the first among the ten spot bitcoin exchange-traded fund (ETF) issuers to publicly disclose its digital wallet address. The San Francisco-based firm tweeted a screenshot showing the Bitwise Bitcoin ETF’s (BITB) bitcoin address along with holdings (11,858 bitcoin) as of January 23. The […]

Bitcoin’s price has stabilized, concluding the week at about $41,600, marking a minor 0.4% decrease compared to the previous week’s closing at roughly $41,750. The diminished volatility is credited to the recent approval of ETFs by the SEC, putting an end to speculation on this development, as reported by Matteo Greco, a research analyst at […]

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are currently facing legal repercussions following allegations of defrauding investors out of millions of dollars through the sale of an unregistered cryptocurrency token known as INDXcoin. This particular token was marketed to devout Christians as a “God-backed” digital asset, successfully raising approximately $3.2 million in funds […]

How Many Cryptocurrencies Have Failed? More than half of all cryptocurrencies have met their demise. Out of the 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have ceased to exist. The majority of these failed cryptocurrencies originated from projects launched during the 2020-2021 bull run. Specifically, 7,530 cryptocurrencies from that period have failed, accounting for […]

Bitcoin ETFs: How can Indians invest in Bitcoin ETFs in the US? BitBNS’ Gaurav Dahake answers “The overall trade volume of all the ETFs that have been launched in the US in 2023, has been just say half a billion dollars a month versus Bitcoin ETFs that have traded up to $10 billion in a […]

In a remarkable development in the financial markets, Bitcoin has recently overtaken silver, becoming the second-largest Exchange-Traded Fund (ETF) commodity in the United States in terms of assets under management (AUM). This shift highlights the rapidly growing interest and investment in digital assets, particularly in Bitcoin. Just a week into trading, Bitcoin ETFs have surged […]

Jharkhand, an Indian state, has recently become the first in the nation to use blockchain technology for distributing seeds to farmers. This groundbreaking initiative is a collaboration between the Directorate of Agriculture of Jharkhand and SettleMint, a global blockchain technology company. Since its inception in India two years ago, SettleMint has been actively promoting the […]

The Securities and Exchange Commission (SEC) of Thailand has revised the criteria for investing in digital tokens, relaxing certain limitations. In a meeting convened on March 2, 2023, the SEC Committee endorsed principles for enhancing investment criteria and associated criteria for digital asset business operations. The objective is to establish robust investor protection mechanisms while […]

In the world of digital innovation and decentralized technology, India has emerged as a key player in promoting the growth of decentralized finance (DeFi) services. As of 2022, the DeFi market had already reached a significant size of $13.61 billion, according to the DeFi Technology Adoption Index. India has made remarkable strides in this sector, […]

Bitcoin’s Stability at $40,000 as U.S. GDP and $5.8B Crypto Options Expiry Loom

Bitwise Leads the Way as the First Spot Bitcoin ETF Provider to Grant Access to Wallet Address

Fineqia: SEC approval of ETFs curbs volatility, stabilizes crypto prices.

SEC Freezes Assets of Church over Unregistered ‘God-Backed’ Crypto Token

Dead Coins: Over 50% of Cryptocurrencies Have Failed

How can Indians invest in Bitcoin ETFs? Gaurav Dahake Answers.

Bitcoin ETFs Outshine Silver in Historic Financial Shift

Jharkhand Leads India in Agricultural Innovation with First Blockchain-Based Seed Distribution System

Investment Restrictions Relaxed by Thailand’s SEC for Digital Assets

Bharat Web3: Leading India’s Financial Decentralization Revolution

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

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Coinroot is dedicated to delivering current, accurate, and comprehensive news in the dynamic world of cryptocurrency and global events. We aim to simplify complex crypto-economic concepts for our audience, providing a trusted source of information for crypto enthusiasts and the wider public alike.