Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.
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Nigerian Blockchain Group Ousts President, Who Remains Defiant
The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBAN board of trustees of…
Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment
Bitcoin has hit the $60,000 price mark, recovering a price level last seen since August 29. Based on data from CoinMarketCap, The crypto market leader moved by 3.98% on Friday, capping off a rather impressive weekly performance. Commenting on this…
USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.
Hong Kong should try to speed up crypto regulation: First Digital CEO
First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins.
5 US States Settle With GSB Group Over Unregistered Crypto Sales
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease…
Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst
The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below…
Network Latency Drives Solana Validator to South Africa’s Commercial Hub
Rep. Torres 'happy' to help CFTC in regulating election betting contracts
New York Congressman Ritchie Torres stated he is "more than happy" to work with the CFTC to develop a plan for regulating election betting contracts in the United States.
Uniswap Labs CEO Denies Protocol Deployment Extortion Claims
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need…
Bitcoin reclaims $60K and ‘this time is different,’ says analyst
Bitcoin reclaimed the $60,000 price level for the first time in 14 days, amid a month that is typically perceived as bearish for Bitcoin.
Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly?
Data shows that the positive sentiment around Bitcoin has spiked on social media after BTC’s return above $58,000, implying investors may feel FOMO. Bitcoin Positive Vs. Negative Sentiment Ratio Has Spiked Recently According to data from the…
CFTC Teams up With SEC to Fight Cryptocurrency Scams
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic…
Cardano Price Prediction: The Roadmap To New All-Time Highs
Crypto analyst Dan Gambardello has highlighted the Cardano (ADA) roadmap to a new all-time high (ATH). The analyst also suggested that Cardano was halfway to reaching a new high, noting what part of its cycle the coin was currently at. Cardano Is…
Onedegree, Dubai Insurance Launch Digital Asset Custodial Insurance for UAE Clients
Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both…
Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report
Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics…
Even Temporarily Blocking Election Contracts Risks 'Irreparable' Harm, Kalshi Argues
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission's move to block its new election contracts, saying they would harm the company.
Cardano (ADA) Whales Securing Gains After 10% Upswing: What’s Next?
Cardano has surged over 10%, breaking a key resistance level, and is now testing higher prices. Despite the bullish momentum, on-chain data reveals that long-term holders are beginning to take profits. The ratio of daily on-chain transactions in…
Crypto may swing election in battleground states — law professor
According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.
Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.
In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance
As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa…
Crypto Biz: Crypto fever hits wealth managers
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.
‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
The company’s focus will be on developing artificial intelligence with 3D perception.
BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target
BlackRock, the prominent American multinational investment management corporation, has once again emphasized the enduring belief surrounding the Bitcoin potential as a strategic asset. In a recent statement, the firm reiterated a school of thought…
Nigeria Accuses Four Crypto Traders of Forex Regulations Violations
The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu…
Did the crypto market bottom this week? — Here’s what the data shows
Bitcoin is chasing $60,000, and altcoins are showing modest gains today. Does that mean the crypto market has bottomed?
Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour
Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call to action to…
Bitcoin Surges to $60,000 as Markets Brace for Potential Fed Rate Cut
Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin's rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe…
Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.