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Grayscale’s Bitcoin Trust (GBTC) has been in the spotlight recently as it has moved over 19,000 bitcoin (BTC) from its publicly known wallet on a Wednesday morning. This movement of digital assets comes in the wake of the launch of spot bitcoin exchange-traded funds (ETFs) on January 11. Since that date, Grayscale has shifted nearly […]

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, […]

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 […]

Tether, a major cryptocurrency platform known for its stablecoin, has been identified as a leading medium for money laundering and fraudulent activities in South-East Asia, according to a recent UN report. This stablecoin, also referred to as tether, is at the center of an increasing number of financial scams, including sophisticated “pig butchering” schemes that […]

In a bold move to expand its presence in the crypto-ready smartphone market, Solana Mobile is set to unveil its second smartphone model, according to insider sources. This new device comes as a follow-up to the company’s initial offering, the Saga smartphone, and aims to deliver enhanced features at a more accessible price point. Solana […]

In a bold move amidst regulatory challenges, Binance, a leading global cryptocurrency exchange, has announced the launch of two new URLs – binance.me and binance.info – specifically tailored for its Indian customer base. This initiative follows the Indian government’s recent measures to block foreign cryptocurrency exchanges, including Binance, due to non-compliance with anti-money laundering regulations. These […]

In a startling revelation, the cryptocurrency tracing firm Chainalysis has uncovered a worrying trend in the illicit trade of child sexual abuse materials (CSAM). The sellers of these materials are increasingly employing advanced methods like “mixers” and “privacy coins” such as Monero, complicating efforts by law enforcement agencies to track and apprehend them. The […]

In a significant move towards providing clarity and regulation in the cryptocurrency space, the Turkish government is on the verge of finalizing a comprehensive framework for crypto assets and trading platforms. The impending regulations, outlined by Turkey’s Minister of Treasury and Finance, Mehmet Şimşek, aim to establish legal definitions for key crypto concepts, introduce licensing […]

Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank’s unwavering stance against cryptocurrencies, even as the US Securities and Exchange Commission approved changes allowing the creation of a bitcoin exchange-traded fund (ETF) in the United States. Das emphasized that the RBI would not follow the path of other countries when it comes […]

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In a move that could significantly impact the cryptocurrency landscape in India, the Financial Intelligence Unit (FIU) of the finance ministry has intensified its regulatory scrutiny. On December 28, the FIU issued directives to major global exchanges like Binance, KuCoin, and seven others, emphasizing the necessity for these entities to register as ‘reporting entities’ in […]

Tag: Coinroot

100K BTC Moved to Exchange Since Spot Bitcoin ETF Launch

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

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

UN Report Highlights Surge in Money Laundering via Tether Crypto Token in South-East Asia

Solana Mobile Gears Up to Launch Its Second Cryptocurrency Smartphone

Binance Launches New Domains for Indian Customers Amid Regulatory Challenges

The Alarming Trend of Crypto in Concealing Child Abuse Crimes

Turkey Nears Completion of Comprehensive Crypto Regulation Framework

RBI Governor Reaffirms Position on Cryptocurrency as US Approves Bitcoin ETF

FIU’s Stance on Crypto Exchanges: A Tough Road Ahead for India’s Crypto Market

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

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

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.