CoinSwitch said that its cash and cash equivalent balances are 6.79 times higher than the balance of its users
The largest digital-asset by market value fell as much as 4.2% to $28,865, the least since June 21
In the age group of 18-30 years, 40% of respondents said they have invested more than Rs 40,000 in digital assets
Worldcoin, Altman's eyeball-scanning crypto project which officially launched on Monday, uses a small device called an "orb" to scan people's eyeballs in order to generate a a unique digital identity
The major beneficiary of Bitcoin's weakness has been Ripple's XRP token which now enjoys a market dominance of 21%
The New York-based firm had initially aimed for $125 million, but received more interest than expected, said Chief Executive Officer Jake Brukhman
Cryptocurrency news: Another reason for the surge was the lower-than-expected US inflation of 3% for June
The largest digital asset on Thursday mostly held losses of 0.7% from a day earlier, while stocks and bonds extended gains on bets that an end to Federal Reserve monetary tightening is getting closer
Litecoin was created in 2011 and aims for faster transactions than Bitcoin
In the last few weeks, the market was witnessing a bull run after the news emerged of several big entities showing their interest in Bitcoin but in the later part of the week, the market saw a sell-of
CoinDCX also said that it anticipates a 'significant' number of users benefiting from KoinX's tax assistance services
Among the most important developments in crypto markets was the King of England's assent to the UK's Financial Services and Markets Act
FTX has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture
The users will also not be able to deposit more money for investment in their wallets but the withdrawals will remain unaffected
This is Fidelity's second attempt for a Bitcoin ETF
"If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens," he added
BlackRock filed for a prospective spot bitcoin ETF on June 15, undeterred by the Securities and Exchange Commission's (SEC) past record of rejecting every such application
The online tax filing company has integrated with over 100 crypto exchanges, including Coinbase, CoinDCX, Binance, and WazirX, to provide taxation services at one common platform 'CryptoTax'
BlackRock's application for spot Bitcoin ETF and Deutsche Bank's interest in crypto custody services have kept investors motivated in the last week
US Fed chair Jerome Powell on Wednesday said they see 'payment stablecoins as a form of money'