176 / 255 Relevant items tagged with #Cryptocurrency
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Report: 47% of Nigerians Engaged in Crypto-Related Activities
[Dec 10, 2023 4:30 PM] A new study has found that as much as 47% of Nigerians are actively engaged in crypto trading which is now increasingly incorporated in their financial lives. The analysis also showed that crypto ownership in the country grew by 15% between 2020…
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
[Dec 10, 2023 2:30 PM] Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals…
Snowden Blasts Elizabeth Warren as ‘Pro-Banker,’ Claims She ‘Rolls Over’ for JPMorgan Boss in Crypto Clash
[Dec 10, 2023 12:30 PM] This week, the crypto community actively discussed Massachusetts Senator Elizabeth Warren’s remarks labeling crypto as a potential threat. Additionally, JPMorgan boss Jamie Dimon voiced a similar sentiment, asserting he would close crypto…
Cardano and Avalanche Soar, Outperforming Top 20 Cryptos in Weekly Surge
[Dec 10, 2023 10:30 AM] Market statistics indicate that two specific crypto assets among the top 20 in market capitalization, avalanche and cardano, have experienced substantial gains this past week. Avalanche has surged 48.7% and cardano has increased by 50.4% against…
Ripples in the Bitcoin Sea: Ocean Pool’s Transaction Blacklist Sparks Industry Uproar
[Dec 10, 2023 8:30 AM] In recent days, discussions have intensified around the emerging bitcoin mining pool Ocean and its decision to exclude certain transactions, specifically those linked to Ordinal inscriptions and coinjoin activities. Luke Dashjr, a key figure in…
BTC Dev Wants to ‘Fix’ Ordinal Inscription ‘Exploit,’ Blackrock Updates ETF Filing, and More — Week in Review
Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities
[Dec 10, 2023 4:30 AM] Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily freeze…
China and Singapore Team Up to Allow Tourists to Spend Digital Yuan
US Lawmakers Launch Bill to Counter Terrorism and Threats Involving Digital Assets
[Dec 10, 2023 12:30 AM] Several U.S. lawmakers have introduced a bipartisan bill to crack down on terrorist organizations by applying sanctions to foreign entities, including crypto platforms, that facilitate financial transactions for terrorists. The legislation would…
Russian President Putin: Western Financial System Dying, Major Western Banks Will Be Deprived of Their Monopoly
Novogratz: JPMorgan CEO Jamie Dimon Is Wrong About Bitcoin, ‘Supreme Arrogance’ to Dismiss Value
Vaneck Unveils 15 Crypto Predictions: Spot Bitcoin ETF Approvals, US Recession, BTC’s Historic Rally
[Dec 9, 2023 6:30 PM] Asset management firm Vaneck has unveiled its 15 crypto predictions for 2024. They include the U.S. recession’s arrival, the approvals of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and…
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
[Dec 9, 2023 4:30 PM] Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively…
Meme Coins Surge in Value, Gaining $6.7 Billion in a Month With BONK, PEPE, and SHIB Leading the Rally
[Dec 9, 2023 2:30 PM] Meme coins have been on a tear over the past month, increasing by $6.7 billion and 39.18% since Nov. 8. While bonk (BONK) led the pack this past week, rising 153% against the U.S. dollar, several other meme coins like dogecoin, shiba inu, and pepe…
Jack Dorsey’s Block Launches Bitkey: A New Self-Custody Bitcoin Wallet With No Seed Phrases
[Dec 9, 2023 12:30 PM] Block, Inc. has recently introduced Bitkey, its innovative self-custody bitcoin wallet, offering a unique approach to bitcoin management. Unlike traditional wallets which rely on passwords or seed phrases, Bitkey utilizes a distinctive 2-of-3…
December Sparks NFT Sales Surge — Bitcoin Dominates as Market Recovers, Iconic Collections Realign
[Dec 9, 2023 10:30 AM] In the wake of a strong rise in non-fungible token (NFT) sales last November, the initial week of December continued this trend, with sales escalating by 57% compared to the previous week. Bitcoin Outshines as NFT Sales Skyrocket in Early December…
Altcoin Surge Outshines Bitcoin’s Modest Gain Amid Anticipation of Potential Altcoin Season
[Dec 9, 2023 8:30 AM] Bitcoin saw a modest increase of 1.8% in the past 24 hours as of Dec. 9, 2023. Meanwhile, more than 17 crypto assets experienced much larger gains, ranging from 7% to over 35% in the same timeframe. Despite this rise in various altcoins against the…
Robinhood Launches Crypto Trading in EU, Aims for Global Accessibility
[Dec 9, 2023 6:30 AM] Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they…
Hong Kong Regulator Warns of 2 Entities Suspected of Crypto Frauds
[Dec 9, 2023 4:30 AM] Hong Kong’s financial regulator has warned the public about two entities suspected of crypto frauds. In addition to issuing cease and desist letters to relevant website operators requesting them to cease offering crypto tokens for purchases…
Japan Mulls Exempting Companies From Paying Taxes on Unrealized Cryptocurrency Gains
[Dec 9, 2023 2:30 AM] Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for…
The Bulk of Crypto Trading Volumes in Africa Are Generated by Institutional Traders — Farzam Ehsani
[Dec 9, 2023 12:30 AM] Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani referred to…
Indian Government Confirms Commitment to Supporting Web3 Startups
[Dec 8, 2023 10:30 PM] The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation…
US Senator Calls for Light Crypto Regulation That Doesn’t Kill Innovation and Drive Companies Offshore
Chainlink Staking Program Exceeds Expectations, Drives LINK Price Up By 12%
[Dec 8, 2023 8:00 PM] In a significant development for the blockchain data-oracle project, Chainlink (LINK) has witnessed a significant response to its enhanced crypto-staking program, amassing over $632 million worth of its LINK tokens within a remarkably short…
Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
Thirdweb Begins Mitigation of Vulnerability Affecting Thousands of Smart Contracts
[Dec 8, 2023 4:30 PM] Thirdweb, a Web3 development framework provider, has announced that it has started mitigating a vulnerability that could potentially affect thousands of smart contracts across several networks. The vulnerability, uncovered in November, impacts…
Venezuelan Attorney General Alleges Exxonmobil Financed Opposition to Essequibo’s Ballot With Cryptocurrency
[Dec 8, 2023 2:30 PM] Tarek William Saab, the Venezuelan attorney general, stated that Exxonmobil, a U.S.-based oil and gas company, used intermediaries and cryptocurrency to finance actions against the ballot where Venezuelans were consulted about their position on the…