Crypto Summary

Senate Majority Leader Chuck Schumer is on a mission. He wants to push through new cryptocurrency rules in the U.S. this year. He made this announcement at an event supporting Vice President Kamala Harris. The focus was on the digital asset industry, which is rapidly growing. Schumer attended the

Binance is back in India! After facing a ban, the largest cryptocurrency exchange in the world has resumed its operations. Last year, India imposed restrictions on nine offshore crypto exchanges, including Binance. They required these exchanges to register with the Financial Intelligence Unit (FIU). Now, Binance has successfully registered with

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Cryptocurrency prices took a sudden dive on Thursday afternoon. This drop affected major players like Bitcoin and Ethereum, leading to a wave of liquidations, especially of long positions. The market turned red quickly. Bitcoin fell nearly 3% in just over an hour, settling at around $57,787. Ethereum dropped even

The average Norwegian holds about $27 worth of Bitcoin indirectly, thanks to the country’s sovereign wealth fund. As of the first half of 2024, this fund has exposure to 2,446 BTC through investments in tech companies that deal with cryptocurrency. According to K33Research, these holdings are valued at

Ethereum's gas fees have hit a five-year low this week. Some experts think this drop is because users and apps are moving to more popular blockchains. Analyst Ryan Lee points out that historical data shows a link between low gas fees and rising ether (ETH) prices. He states,