Articles by Bhushan Akolkar
Top Articles from Bhushan
News
News

Thai SEC Slaps Criminal Complaint On Binance for Illegally Operating Crypto Business

Crypto exchange Binance seems to be in deep water facing accusations from regulators worldwide. On Friday, July 2, the Thai Securities and Exchange Commission (SEC) announced that it has filed a criminal complaint against Binance for illegally operating its digital assets business. Upon investigation, the regulator found that Binance provided crypto trading services “by matching

Crypto exchange Binance seems to be in deep water facing accusations from regulators worldwide. On Friday, July 2, the Thai Securities and Exchange Commission (SEC) announced that it has filed a criminal complaint against Binance for illegally operating its digital assets business. Upon investigation, the regulator found that Binance provided crypto trading services “by matching

Altcoin News
Altcoin News

Ethereum (ETH) Exchange Data & Whale Behaviour Suggest Further Rally Ahead. Buy the Dips?

With a brief recovery to $2200 levels earlier this week, Ethereum is facing a strong pullback amid broader market volatility. At press time, ETH is trading over 8% down at $2033 with a market cap of $239 billion. However, on-chain data suggests that this could be a good opportunity to stack up more ETH coins

With a brief recovery to $2200 levels earlier this week, Ethereum is facing a strong pullback amid broader market volatility. At press time, ETH is trading over 8% down at $2033 with a market cap of $239 billion. However, on-chain data suggests that this could be a good opportunity to stack up more ETH coins

News
News

Amid Global Crackdown on Binance, Singapore Regulator MAS to Follow Up Soon

Crypto exchange Binance is facing increasing pressure from regulators worldwide. After U.K’s FCA curtailed all Binance operations last week, Singapore’s topmost regulator – Monetary Authority Services (MAS) – has decided to follow up soon amid the rising global crackdown. On Thursday, July 1, the regulator noted that MAS is currently reviewing Binance’s application to provide

Crypto exchange Binance is facing increasing pressure from regulators worldwide. After U.K’s FCA curtailed all Binance operations last week, Singapore’s topmost regulator – Monetary Authority Services (MAS) – has decided to follow up soon amid the rising global crackdown. On Thursday, July 1, the regulator noted that MAS is currently reviewing Binance’s application to provide

News
News

Indian Banks Refuse to do Business With Local Crypto Exchanges Amid RBI Crackdown

Indian crypto exchanges continue to face the heat of regulatory uncertainty from the Indian central bank – Reserve Bank of India (RBI). As per the latest Reuters report, Indian crypto exchanges are struggling to secure viable and secure payments solutions for their customers to move funds. Industry insiders told the publication that banks and payments

Indian crypto exchanges continue to face the heat of regulatory uncertainty from the Indian central bank – Reserve Bank of India (RBI). As per the latest Reuters report, Indian crypto exchanges are struggling to secure viable and secure payments solutions for their customers to move funds. Industry insiders told the publication that banks and payments

Bitcoin News
Bitcoin News

El Salvador’s $1 Billion Financing Plans From IMF On Hinges Amid Bitcoin Adoption

The recent adoption of Bitcoin as a legal tender by the Latin American nation El Salvador has not gone well with global financial agencies like the IMF. Now, as the Latin American nation struggles to navigate through the economic downturn caused by the COVID-19 pandemic, its $1 billion financing plan from the International Monetary Fund

The recent adoption of Bitcoin as a legal tender by the Latin American nation El Salvador has not gone well with global financial agencies like the IMF. Now, as the Latin American nation struggles to navigate through the economic downturn caused by the COVID-19 pandemic, its $1 billion financing plan from the International Monetary Fund

News
News

NFT For Internet’s Original Source Code Word Wide Web Sells for $5.4 Million At Sotheby’s

While there have been talks around that the NFT market is facing a severe slowdown, the non-fungible tokens (NFTs) linked to iconic works are fetching millions of dollars. An NFT for the Internet’s original source – World Wide Web (WWW) – was sold for a massive $5.4 million at the Sotheby’s auction house. This NFT

While there have been talks around that the NFT market is facing a severe slowdown, the non-fungible tokens (NFTs) linked to iconic works are fetching millions of dollars. An NFT for the Internet’s original source – World Wide Web (WWW) – was sold for a massive $5.4 million at the Sotheby’s auction house. This NFT

south korea crypto regulation
News
south korea crypto regulation
News

Amid Strong Regulatory Action, South Korean Exchanges Warn About ‘Kimchi Coins’

Crypto exchanges in South Korea are having a tough time navigating through strong regulatory action initiated by authorities. As a resulted local crypto exchanges have started limiting services to some altcoins while classifying some as ‘kimchi coins’. Kimchi Premium is one of the most popular terms used in the South Korean crypto market. Being one

Crypto exchanges in South Korea are having a tough time navigating through strong regulatory action initiated by authorities. As a resulted local crypto exchanges have started limiting services to some altcoins while classifying some as ‘kimchi coins’. Kimchi Premium is one of the most popular terms used in the South Korean crypto market. Being one

DeFi News
DeFi News

On-Chain Metrics: DeFi Token Compound (COMP) Registers 45% Rally In Three Days

With a severe correction over the last month, the DeFi market showed some recovery along with the overall cryptocurrency market. DeFi token Compound (COMP) has registered a solid rally gaining nearly 45% just over the last three days. The COMP price surged all the way from $215 on Sunday, June 27, to $325 during the

With a severe correction over the last month, the DeFi market showed some recovery along with the overall cryptocurrency market. DeFi token Compound (COMP) has registered a solid rally gaining nearly 45% just over the last three days. The COMP price surged all the way from $215 on Sunday, June 27, to $325 during the

Bitcoin News
Bitcoin News

Just-In: Fidelity & Standard Chartered Back TP ICAP to Launch Crypto Trading Platform

Financial giants like Fidelity Investments and Standard Chartered are all set to expand their footprint in the crypto space. The two giants will back the world’s biggest interdealer broker – TP ICAP – in launching a crypto trading platform and offer their own crypto custodial solutions. The latest move comes amid rising institutional interest in

Financial giants like Fidelity Investments and Standard Chartered are all set to expand their footprint in the crypto space. The two giants will back the world’s biggest interdealer broker – TP ICAP – in launching a crypto trading platform and offer their own crypto custodial solutions. The latest move comes amid rising institutional interest in

Trading Techniques
Bitcoin News
Trading Techniques
Bitcoin News

Impact of China’s Crackdown on Bitcoin Miners In Charts, BTC Block Interval Hits 10 Year High

China’s recent crackdown on cryptocurrency miners over the last month has resulted in a massive exodus of mining operations to overseas locations. This has had a severe impact on the Bitcoin price which came crashing down under $30,000 levels last week. With the recent Chinese crackdown, the on-chain activity on the Bitcoin network has significantly

China’s recent crackdown on cryptocurrency miners over the last month has resulted in a massive exodus of mining operations to overseas locations. This has had a severe impact on the Bitcoin price which came crashing down under $30,000 levels last week. With the recent Chinese crackdown, the on-chain activity on the Bitcoin network has significantly

Altcoin News
Altcoin News

ETH Price Shoots 6.5% As Ethereum Address Activity Surpasses Bitcoin’s For the First Time

After moving sideways and staying under pressure for the last week, the Ethereum (ETH) price has shown a strong recovery starting this week. At press time, the ETH price has surged 6.5% and moved past $2100 as of writing this story. Some of the on-chain indicators as pointed out by CoinGape were already hinting at

After moving sideways and staying under pressure for the last week, the Ethereum (ETH) price has shown a strong recovery starting this week. At press time, the ETH price has surged 6.5% and moved past $2100 as of writing this story. Some of the on-chain indicators as pointed out by CoinGape were already hinting at

News
News

U.K. Payment Network Freezes Withdrawals for Binance Customers

Two days after the FCA issued a ban on Binance operations in the United Kingdom, Binance customers are now facing problems of withdrawals. As per the latest Financial Times report, Binance’s U.K customers have lost the ability to withdraw and deposit Sterling Pounds via Faster payments, one of the country’s major payment systems. On Monday,

Two days after the FCA issued a ban on Binance operations in the United Kingdom, Binance customers are now facing problems of withdrawals. As per the latest Financial Times report, Binance’s U.K customers have lost the ability to withdraw and deposit Sterling Pounds via Faster payments, one of the country’s major payment systems. On Monday,

News
News

Jefferies: China’s Crypto Crackdown Is Only to Avoid Competition to Digital Reminbi

Jefferies global head of equity strategy Christopher Woods recently published a research note talking about the recent regulatory action and China’s crackdown on cryptocurrencies. Wood said that amid the Chinese crackdown on crypto is more concerned with nullifying the competition to its own CBDC – Digital Renminbi – rather than the carbon footprint measures. “Certainly,

Jefferies global head of equity strategy Christopher Woods recently published a research note talking about the recent regulatory action and China’s crackdown on cryptocurrencies. Wood said that amid the Chinese crackdown on crypto is more concerned with nullifying the competition to its own CBDC – Digital Renminbi – rather than the carbon footprint measures. “Certainly,

Bitcoin-Gold-stock-market-silver
Altcoin News
Bitcoin-Gold-stock-market-silver
Altcoin News

Indians Are Happily Giving Up their Gold Obsession for Bitcoin (BTC) & Crypto

It looks like the uncertainty and the regulatory talks of a crypto ban have little affected Indian crypto investors. Indians, popular as one of the biggest holders of Gold and now happily giving up their obsession for the yellow metal to buy more Bitcoin and Gold. It is clear that Bitcoin, the digital gold, is

It looks like the uncertainty and the regulatory talks of a crypto ban have little affected Indian crypto investors. Indians, popular as one of the biggest holders of Gold and now happily giving up their obsession for the yellow metal to buy more Bitcoin and Gold. It is clear that Bitcoin, the digital gold, is

News
News

Tron’s Justin Sun Wins Andy Warhol’s “Three Self-Portraits” NFT for $2.8 Million At Binance NFT Auction

The much-awaited Binance NFT marketplace went live last week on Thursday, June 24. The “Genesis” auction that kickstarted on the same day featuring popular artworks like Andy Warhol’s “Three Self Portraits” and a digitized NFT of Dali’s “Divine Comedy: rebeget”. Tron’s Justin Sun won the bid Warhol’s “Three Self-Portraits” NFT for a staggering $2.8 million

The much-awaited Binance NFT marketplace went live last week on Thursday, June 24. The “Genesis” auction that kickstarted on the same day featuring popular artworks like Andy Warhol’s “Three Self Portraits” and a digitized NFT of Dali’s “Divine Comedy: rebeget”. Tron’s Justin Sun won the bid Warhol’s “Three Self-Portraits” NFT for a staggering $2.8 million

Altcoin News
Altcoin News

These on-chain Indicators Show Why Ethereum Is Undervalued Under $1900

The world’s second-largest cryptocurrency Ethereum (ETH) is on a continuous downtrend ever since hitting its all-time high of $4400 last month. The ETH price is down more than 60% from its ATH and is currently trading under $1900 levels as of now. While investors have been panicking with the recent ETH price drop, these on-chain

The world’s second-largest cryptocurrency Ethereum (ETH) is on a continuous downtrend ever since hitting its all-time high of $4400 last month. The ETH price is down more than 60% from its ATH and is currently trading under $1900 levels as of now. While investors have been panicking with the recent ETH price drop, these on-chain

News
News

U.K’s Financial Watchdog FCA Asks Binance to Immediately Stop All Operations In Britain

Amid the recent crypto-mania, regulators worldwide have swung in action. U.K’s top financial watchdog – Financial Conduct Authority (FCA) – has asked crypto exchange Binance to stop all regulated activities on an immediate basis. The FCA has now imposed stringent requirements and is one of the most significant regulatory actions imposed by a global regulator

Amid the recent crypto-mania, regulators worldwide have swung in action. U.K’s top financial watchdog – Financial Conduct Authority (FCA) – has asked crypto exchange Binance to stop all regulated activities on an immediate basis. The FCA has now imposed stringent requirements and is one of the most significant regulatory actions imposed by a global regulator

Bitcoin News
Bitcoin News

Bitcoin (BTC) Approaches $30,000 But Accumulation Addresses Increasing

Bitcoin (BTC) continues to trade under pressure a day after its month and quarterly expiry! At press time, Bitcoin is more than 8% down and moving under $31,000. This has also pulled down the overall cryptocurrency market by 7% to now at $1.26 trillion. With Bitcoin facing a continuous downward pressure in the last 10

Bitcoin (BTC) continues to trade under pressure a day after its month and quarterly expiry! At press time, Bitcoin is more than 8% down and moving under $31,000. This has also pulled down the overall cryptocurrency market by 7% to now at $1.26 trillion. With Bitcoin facing a continuous downward pressure in the last 10

Bitcoin-vs-Gold
Bitcoin News
Bitcoin-vs-Gold
Bitcoin News

MicroStrategy CEO Michael Saylor Calls China’s Crypto Crackdown A “Trillion-Dollar” Mistake

MicroStrategy CEO Michael Saylor has been aggressively purchasing Bitcoin over the last two months of correction. Earlier this week, the cloud computing company purchased an additional 13,000 bitcoins taking its total BTC holdings to over 100K. Saylor who sees a big opportunity in the future for Bitcoin told Bloomberg that China’s crackdown on cryptocurrencies could

MicroStrategy CEO Michael Saylor has been aggressively purchasing Bitcoin over the last two months of correction. Earlier this week, the cloud computing company purchased an additional 13,000 bitcoins taking its total BTC holdings to over 100K. Saylor who sees a big opportunity in the future for Bitcoin told Bloomberg that China’s crackdown on cryptocurrencies could

Trading Techniques
Bitcoin News
Trading Techniques
Bitcoin News

This Indicator Shows Money Flowing Back From Stablecoins Into Bitcoin (BTC), Whales Are Back

Bitcoin (BTC) continues to remain largely volatile as the cryptocurrency is up 5% today as of press time. From Thursday’s lows, the BTC price has recovered back to $34,500 levels. Several indicators point out that Bitcoin has been on the path of recovery, and it could be probably on the uptrend post this expiry on

Bitcoin (BTC) continues to remain largely volatile as the cryptocurrency is up 5% today as of press time. From Thursday’s lows, the BTC price has recovered back to $34,500 levels. Several indicators point out that Bitcoin has been on the path of recovery, and it could be probably on the uptrend post this expiry on