The anticipated approval of bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) and Nigeria's decision to lift restrictions on the crypto industry are expected to reignite interest in cryptocurrencies among African users. Additionally, the upcoming Bitcoin halving event in April 2024 is likely to play a crucial role in shaping the […]
Self-Directed Gold IRAs are great as they let you invest in precious metals without needing to deal with any middlemen. In fact, these accounts are so simple that your grandmother could set it up! When you purchase physical silver, gold, palladium, platinum, bar, rounds, and bullion, you will receive immediate liquidity. However, if you wish
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Bitcoin Continues to Dominate NFT Sales With $853 Million in December In November, Bitcoin claimed the top spot in monthly non-fungible token (NFT) sales, and in December, it maintained its position by achieving a remarkable $853 million in sales. This demonstrates Bitcoin's strong presence and influence in the NFT market. NFT Sales Surge, December Sets
Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales Read More »
The meme coin phenomenon has taken the cryptocurrency world by storm, with BONK (BONK) capturing the attention of users on the Solana network. However, in recent weeks, the cryptocurrency has witnessed a significant decline, raising questions about its future trajectory. A Steep Decline In the past fortnight, BONK has experienced a 41% drop in value,
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Outrage in the Crypto Industry The U.S. Department of Justice (DOJ) has opted not to proceed with a second trial against Sam Bankman-Fried (SBF), the disgraced founder of FTX. This decision has sparked outrage within the crypto industry, with Coinbase, a prominent crypto exchange, labeling it a "miscarriage of justice." A Controversial Move The decision
Gabor Gurbacs, the Director of Digital Assets Strategy at asset management firm Vaneck, has criticized the U.S. Securities and Exchange Commission (SEC) for its cash-only requirement for spot bitcoin exchange-traded funds (ETFs). In a post on social media platform X, Gurbacs called the requirement "nonsense" and stated that it should not restrict bitcoin ETFs to
Vaneck Director Calls SEC’s Cash-Only Requirement for Bitcoin ETFs “Nonsense” Read More »
Ark Invest CEO's Optimistic Outlook on Bitcoin ETFs Cathie Wood, the CEO of Ark Investment Management, believes that institutional investors will embrace spot bitcoin exchange-traded funds (ETFs) once they are approved by the U.S. Securities and Exchange Commission (SEC). In a recent interview with Yahoo Finance, Wood expressed her perspective on the potential impact of
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Paolo Ardoino Celebrates Tether's Growth Tether CEO Paolo Ardoino recently reflected on the remarkable growth of the company since its inception. In a post on X, Ardoino expressed his delight at the current standing of the company, with its USDT stablecoin achieving a staggering $91.5 billion market cap across multiple blockchains. Additionally, Tether boasts $4
Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’ Read More »
Near-Unanimous Vote Cuts CAKE Supply The Pancakeswap community recently held a governance vote to reduce the total supply of CAKE tokens by 300 million. The vote, which took place from December 21 to December 29, 2023, saw an overwhelming majority of 97.88% in favor of the supply cut. As a result, the total supply of
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DOJ Drops Second Trial Against Sam Bankman-Fried The Department of Justice (DOJ) has announced its decision to not move forward with a subsequent trial against Sam Bankman-Fried, the former CEO of FTX. The DOJ conveyed this decision in a letter to Judge Lewis Kaplan on December 29, 2023, after 6 p.m. Eastern Time (ET). Prosecutors
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