Switzerland to Conduct Wholesale CBDC Pilot with Central and Commercial Banks Switzerland has announced plans to initiate a wholesale Central Bank Digital Currency (CBDC) pilot program, known as the Swiss franc wCBDC involving collaborations between the country’s central bank and commercial banks. The Swiss wCBDC pilot project will be hosted…

Bitcoin just dropped back below $35,000 in what we can term one ‘dull week’ in the crypto world. All crypto assets, led by BTC, surged after the US Fed decided to hold current interest rates and indicated that future increases may only depend on market data which are looking positive…

Giottus has announced that it will be the first Indian exchange to provide zero trading fees on INR pairs, aiming to benefit its customers by eliminating trading costs entirely. Here are some of the common questions answered. Why is Giottus implementing zero trading fees? Giottus is motivated by its philosophy…

This week’s stellar market momentum has largely been tied to enthusiasm around the possible approval of a spot Bitcoin ETF. On Monday, the hopeful arrival of spot BTC ETF approval became more apparent after a string of bullish developments. Scott Johnsson, a General Partner at Van Buren Capital, noted that…

Bitcoin (BTC) surged past $35,000 on Monday, hitting its highest price since May 2022. The sudden uptick for BTC comes amid a fresh wave of interest in potential spot exchange-traded fund (ETF) approvals by the US SEC and a significant increase in overall trading volumes across spot markets. Apart from…

This is crypto at its best — volatile, exciting, and filled with… manipulation. Bitcoin has risen 8% this week and is now trading above $29,000 — all it needed was a false news about the US SEC approving a BTC Spot ETF. We are in UPtober — where Bitcoin has…

In a sudden turn of events, Bitcoin (BTC) experienced a rapid surge, climbing from $27,900 to $30,000, triggered by a misleading report of a spot ETF approval shared by Cointelegraph. The post on social media platform X, which was deleted in half an hour, generated enough market buzz to cause…

India Pushes Crypto Regulation Talks at Final FMCBG Meet in Morocco India is leading discussions at the final meeting of the Financial Market and Central Bank Governors (FMCBG) held in Morocco in a bid to address the regulatory concerns around crypto assets. Finance ministers and central bank governors are expected…

Solana, a layer 1 touted as an alternative to Ethereum, enjoyed a phenomenal run in 2021 before getting hit by wider market sentiment as well as the collapse of FTX. The asset, which once traded at $260, went below $10 early this year. It has since recovered and is now…