Pivotal SEC Blockchain Regulation: Why Congress Isn’t Needed for Digital Asset Rules

CoinSwitch, a cryptocurrency platform in India, has launched a 600-crore Indian rupee fund, approximately $69.9 million, to help users affected by the WazirX security breach in July 2024. Announced on January 7, the program called “CoinSwitch Cares” aims to provide financial relief to those who suffered losses during the alleged cyberattack. The company plans to…

First Trust Advisors has launched two Bitcoin (BTC) strategy exchange-traded funds (ETFs) designed to provide investors with Bitcoin exposure while capping losses and earning yield, the asset manager said.  The move comes amid an outpouring of funds seeking to enhance Bitcoin’s appeal to traditional investors by offering tailored exposure to the cryptocurrency’s performance. The FT…

Consistent stablecoin inflows into exchanges are fueling Bitcoin’s price stability above $96,000. Bitcoin’s MVRV ratio at 2.69 and rising open interest suggest a bullish trend with minimal risks. Bitcoin’s [BTC] journey toward breaching the $100,000 mark remains closely watched as the cryptocurrency maintains price stability above $96,000. Despite achieving an all-time high (ATH) of $99,645…