Author
571 posts
Bena Ilyas
Latest Articles
India’s Budget 2024 Likely to Maintain 1% Crypto TDS Despite Industry Pleas
By Bena Ilyas
• 3 mins read
Rajat Mittal, a Supreme Court crypto tax counsel, states that the government is currently prioritizing strict regulation. Despite high TDS rates possibly deterring investors, a reduction appears unlikely soon.
Bitcoin Breaks $68,000 Mark amid Record Inflows and ETF Momentum
By Bena Ilyas
• 3 mins read
The German government’s sale of 50,000 BTC for $2.87 billion has removed a large supply from the market, easing selling pressure and paving the way for price appreciation.
XRP Soars 20% as Trading Volume Flips Bitcoin on South Korean Exchanges
By Bena Ilyas
• 3 mins read
Ryan Lee, chief analyst at Bitget crypto exchange, noted that the XRP surge might trigger a pullback, causing a price decline in early August. However, if the price holds above key support levels (around $0.70), it could resume its upward trajectory later.
Solana Price Surges 20% in One Week, Bullish Pattern Hints Further Rally to $192
By Bena Ilyas
• 2 mins read
Analyst sees Solana hitting $192 but warns of a $140 drop if support fails, risking $161million in long positions.
Meme Coins Surge as Biden Tests Positive for COVID-19
By Bena Ilyas
• 3 mins read
Polymarket estimates a 63% probability that Biden may withdraw from the race due to his health condition.
Mt. Gox Hit by Potential Brute-Force Login Attempts
By Bena Ilyas
• 2 mins read
Suspicious login attempts raise concerns about Mt. Gox’s security. The exchange hasn’t commented, leaving creditors to question their compensation’s safety.
Nigeria Police Arrest Crypto Celebrity BLord over Fraud and Terrorism Funding
By Bena Ilyas
• 2 mins read
BLord stands accused of a multitude of offenses, including internet fraud, cryptocurrency fraud, terrorism financing, and violating the Central Bank of Nigeria (CBN) Act.
XRP Price Soars 40% in One Week as Analysts Eye Potential Breakout
By Bena Ilyas
• 2 mins read
While the potential for a breakout exists, long-term factors like the ongoing SEC lawsuit against Ripple Labs, the company behind XRP, still cloud the horizon.
Spot Bitcoin ETFs See 7th Consecutive Days of Inflow Streak, Reaching $300M Yesterday
By Bena Ilyas
• 3 mins read
BlackRock’s IBIT emerged as the frontrunner, attracting a staggering $117.25 million in net inflows on Monday, marking it as the most actively traded Bitcoin ETF with $1.24 billion in trading volume.
Former BitConnect Promoter Convicted for Unlicensed Financial Advice
By Bena Ilyas
• 2 mins read
The Sydney District Court rejected Bigatton’s claim that his statements were not financial advice. Despite disclaimers, the court ruled his promotions were unlicensed financial advice.