As Crypto Market Value Surges Back to 2 Trillion, US Congress Crypto Bill Moves Forward

various cryptocurrenciesThe recent continuous increase of cryptocurrency prices had pushed the crypto market value back to $2 trillion with Bitcoin and Ether still in the lead. The price surges are being attributed to the inflows coming from new spot bitcoin Exchange-Traded-Funds (ETFs).

What Exactly are Spot Bitcoin ETFsbtc Bitcoin Exchange-Traded-Funds

Inasmuch as the surge in prices of BTC is attributed to the large amount of money infused in new Spot Bitcoin Exchange-Traded-Funds (ETFs), the proposed bill defines whether crypto money is to be treated as a security or an investment commodity.

The crypto market describes a spot bitcoin ETF as an actual amount of cryptocurrencies held as an investment fund, of which the value directly follows the current bitcoin prices. It stands in contrast to future-based exchange traded funds that base their value on contracts speculating the future price of the BTC.

House Committee Moves Forward with Proposed Cryptocurrency Bill

Lawmakers and traditional financial institutions like banks are pushing for legislations that clearly prescribe the regulatory guidelines that the Commodity Futures Trading Commission’s (CFTC) will follow in regulating the crypto industry. Actually, the House of Representatives’ Financial Services Committee recently deliberated and approved a bill that establishes the conditions that would define crypto money as a security or investment commodity.

The bill outlines the extent of the oversight and regulatory responsibilities of the CFTC, while also clarifying the official power of the Securities and Exchange Commission (SEC) over the crypto industry. The clarification is considered important by the digital currency industry as many crypto advocates are complaining of the SEC’s tendency to overreach its jurisdiction.

Posted by Madelina Feliks in Cryptocurrency, Investments

The Role of Crypto Tumblers in Enhancing Privacy and Security in Cryptocurrency Transactions

A bitcoin on top of a laptop

Crypto tumblers have emerged as a crucial tool for users seeking to enhance the confidentiality and security of their financial transactions in the fast-evolving landscape of cryptocurrency, where decentralization and privacy are paramount. A crypto tumbler platform plays a pivotal role in anonymizing and obfuscating cryptocurrency transactions, providing users with a layer of privacy that traditional transactions often lack.

Understanding the Need for Privacy in Cryptocurrency Transactions

Privacy has become a significant concern in the world of cryptocurrency. While the blockchain ledger ensures transparency and immutability, it also exposes transaction details to anyone with the technical capability to trace them. This transparency, while a strength in some aspects, can compromise the privacy of users, leaving them vulnerable to surveillance and analysis.

Enter crypto tumblers, also known as mixers or shufflers. These services act as a privacy-enhancing layer by breaking the traceable link between the sender and receiver in a cryptocurrency transaction. The primary goal is to introduce a level of anonymity that makes it challenging for external entities to associate transactions with specific individuals or addresses.

The Anonymizing Process of Crypto Tumblers

Crypto tumblers operate on a simple yet powerful principle: they mix or shuffle the cryptocurrency funds of multiple users in a way that makes it nearly impossible to trace the origin of the funds. Here’s a breakdown of the anonymizing process:

  1. User Deposits: Users deposit their cryptocurrency into the tumbler’s pool. This pool typically comprises funds from multiple users, creating a blend of various transactions.
  2. Mixing: The tumbler then mixes or shuffles the funds within the pool. This involves sending the deposited funds through a complex series of transactions, making it challenging to link the outgoing funds to their original source.
  3. Withdrawal: Users can then withdraw their funds from the tumbler, receiving a different set of coins than what they initially deposited. The withdrawal amount is equivalent to their deposit but consists of coins from various sources, adding an extra layer of anonymity.


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Enhancing Security Through Obfuscation

In addition to providing privacy, crypto tumblers enhance the security of cryptocurrency transactions. By obfuscating the origin of funds, these services mitigate the risk of targeted attacks or tracking attempts by malicious actors. This is particularly crucial in an environment where cybersecurity threats are prevalent, and the potential for financial harm is ever-present.

Legal and Ethical Considerations

While crypto tumblers offer a valuable service in enhancing privacy and security, their use raises legal and ethical considerations. Some critics argue that these platforms can facilitate money laundering or other illicit activities by making it harder for authorities to trace funds. Striking a balance between user privacy and regulatory compliance remains an ongoing challenge for both crypto users and the broader industry.


In the ever-expanding world of cryptocurrency, where privacy and security are fundamental concerns, crypto tumblers play a vital role in addressing these challenges. By anonymizing and obfuscating transactions, these platforms empower users to transact with a heightened level of privacy and security. As the technology continues to evolve, finding a delicate equilibrium between privacy, security, and regulatory compliance will be crucial to ensuring the responsible and ethical use of crypto tumblers in the financial landscape of the future.

Posted by Jacki Feliks in Cryptocurrency

Hustler University India : Helping Indians Take Part Effectively in Cryptocurrency Transactions

Hustler University India (
) acknowledges the growing needto impart guidance and knowledge on cryptocurrency exchanges and investments to inexperienced Indian locals venturing in this high-risk market. Participating in the cryptocurrency world requires a deep understanding of how blockchain technology and the decentralized financial system works. The university’s primary goal is to equip students with the necessary skills in navigating their way toward a successful crypto investment venture.

phenomenal growth of cryptocurrency marketAlthough the federal Indian government still has to establish a regulatory stance with regard to cryptocurrency investing, financial reports indicate a tremendous growth in this sector. The adoption rate in crypto use and investing in India has been growing rapidly in recent years.

Current Status of the Cryptocurrency Trading and Investing in India

Monitoring platform Chainalysis reported that the 2023 Global Crypto Adoption Index placed India in the number one (1) spot in the overall index rating after dropping to fourth place in 2022. The increase in crypto adoption persisted despite the Reserve Bank of India (RBI) suggesting that cryptocurrency transactions are illegal.

India’s Supreme Court Wards Off RBI’s Attempt to Ban Crypto Transactions

Actually the 2018 Supreme Court ruling on RBI’s attempt to ban crypto and the related blockchain system made crypto assets in India more appealing as a financial tool. This was amidst the phenomenal performance of bitcoin after traditional investors in the US also dipped their hands into crypto exchanges.

The Supreme Court of India ruled that the RBI does not have the authority to infringe on the right of the people to invest in digital money. Mainly because the country has no laws on which RBI’s crypto ban was founded. Unlike in other countries, there are specific laws pronouncing the crypto currency and the blockchain system either legal or illegal. In fact, the governments of other countries are imposing heavy taxes on income gained from cryptocurrency investments, as well as collecting minimal taxes on all blockchain transactions,

As a result, cryptocurrency adoption in India grew in leaps and bounds, reportedly at a growth rate of 20,000% after crypto investments in India increased from $200 million to $40 billion.
Apparently a high number of Indian locals took advantage of the exceptional performance of bitcoin when BTC price indices started to peak, which historically reached $68,000 per unit of BTC in the global blockchain technology market.

Hustler University India came around at a crucial time, and perhaps its comprehensive mentorship and guidance enabled many Indians to successfully grow their crypto asset investments.

Overview of Hustler University’s Cryptocurrency Educational Program

Hustler University’s cryptocurrency educational platform emphasizes the need for students to fully comprehend the basics of decentralization and how the blockchain technology works around it to ensure security of the decentralized financial transactions.

bitcoin simulationAs the students progress, they are given the opportunity to engage in simulated digital exercises on how to trade and invest in crypto money, specifically using the most popular digital . assets, Bitcoin and Ethereum. That way, the simulated hands-on experience gives students practical knowhow in applying the skills and knowledge they acquired from the program; before venturing into the real-world scenarios of the high-risk crypto market.

Posted by Madelina Feliks in Cryptocurrency