Bitcoin surpasses $54,000: What’s going on and what should you expect? - Bitcoin News - News

Bitcoin surpasses $54,000: What’s going on and what should you expect?

Title: bitcoin Surges Past $54,000: A Wild Ride for Cryptocurrencies and Related Stocks In an exhilarating turn of events, the world’s largest cryptocurrency, bitcoin, experienced a significant surge on [current day], breaking through the crucial resistance level of $53,000 and touching a high of $54,585. This price point marks a 6% increase within a single…

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Court approves SEC settlement with Genesis, paving way for $21M agreement - Industry News - News

Court approves SEC settlement with Genesis, paving way for $21M agreement

On Monday, Judge Sean Lane granted the Securities and Exchange Commission (SEC) approval for its settlement with Genesis Global Capital LLC in a significant development for the ongoing legal proceedings concerning the bankrupt crypto lender. The agreed-upon terms, which came without opposition during the court hearing, may require Genesis to pay up to $21 million,…

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Nigeria’s economic woes might never end: Was the fuel subsidy removal worth it? - African News - News

Nigeria’s economic woes might never end: Was the fuel subsidy removal worth it?

Nigeria’s Monumental Shift: From Fuel Subsidies to Market Dynamics The global spotlight has been shining bright on Nigeria, but unfortunately, not for reasons that would inspire a dance. After decades of enjoying some of the lowest petrol prices in the world due to substantial fuel subsidies, my beloved country decided to take a drastic step….

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Lord Jacob Rothschild, banking titan and crypto investor, dies at 87 - Industry News - News

Lord Jacob Rothschild, banking titan and crypto investor, dies at 87

Lord Jacob Rothschild, a towering figure in the financial world and an esteemed member of the renowned Rothschild banking dynasty, passed away at the age of 87. Born into a lineage that has left an indelible mark on the global banking landscape, Rothschild’s illustrious career encompassed various sectors, including investment banking, the arts, and philanthropy….

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Game developers hit back after OpenSea NFT delisting—here’s why - NFT News - News

Game developers hit back after OpenSea NFT delisting—here’s why

Title: The Controversial Decision of OpenSea to Delist NFT Passes for OpenSeason: Navigating Regulatory Compliance and Decentralization in the Web3 Space OpenSea, the leading player in the NFT marketplace scene, has faced criticism recently following its decision to delist NFT passes for OpenSeason, a Web3 keyboards developed by Fractional Uprising Studios. This move has sparked…

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Bitcoin Forms Megaphone Pattern, Potential Rally Towards $60,000 - African News - News

Bitcoin Forms Megaphone Pattern, Potential Rally Towards $60,000

bitcoin (btc), the pioneering cryptocurrency, presents a captivating narrative on its daily chart with potential for a significant surge towards the coveted $60,000 milestone. This bullish outlook stems from a technical formation known as a megaphone pattern, identified by esteemed crypto analyst Ali Martinez. The megaphone pattern, a renowned chart pattern in the financial markets,…

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BRICS nations explore creation of new currency unit to counter US Dollar dominance - Industry News - News

BRICS nations explore creation of new currency unit to counter US Dollar dominance

The BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, is reportedly delving into the potential development of an alternative currency to challenge the dominance of the US Dollar in international trade. This groundbreaking initiative seeks to promote the use of local currencies amongst BRICS members, thereby reducing their collective dependency on the…

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New report challenges common assumptions about Bitcoin ETF trading volume - Bitcoin News - News

New report challenges common assumptions about Bitcoin ETF trading volume

Recent Findings from NYDIG Report: Trading Volume in bitcoin ETFs May Not Reflect Strong Investor Interest Unraveling the Misconceptions Surrounding Trading Volume in bitcoin ETFs In a recent report, NYDIG, a prominent financial services firm specializing in bitcoin, questioned the widely accepted notion that substantial trading volume in newly launched bitcoin Exchange-Traded Funds (ETFs) equates…

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Institutions continue to flock to crypto investment products, surpassing $598M in weekly inflows - Industry News - News

Institutions continue to flock to crypto investment products, surpassing $598M in weekly inflows

Institutional Investment in Crypto Remains Robust: A Weekly Analysis The world of institutional investment in cryptocurrencies continues to show remarkable resilience, with the latest report by digital asset manager CoinShares revealing a fourth consecutive week of substantial inflows. According to the Digital Asset Fund Flows Weekly Report, institutional investors collectively infused an impressive $598 million…

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Saudi Arabia launches metaverse platform to commemorate culture on founding day - NFT News - News

Saudi Arabia launches metaverse platform to commemorate culture on founding day

The Saudi Arabian Ministry of Culture has embarked on a groundbreaking digital journey to showcase the country’s vast cultural heritage through the launch of a metaverse platform named “Cultural Universe.” This pioneering initiative was unveiled on Saudi Arabia’s founding day, marking a significant milestone in the fusion of technology and history. A virtual journey through…

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Hong Kong crypto exchanges face regulatory deadline and scandals - Regulation News - News

Hong Kong crypto exchanges face regulatory deadline and scandals

As the clock ticks down towards the crypto-etf/” target=”_blank” rel=”noopener”>regulatory deadline for crypto exchanges in Hong Kong to secure the necessary licensing from the Securities & Futures Commission (SFC), there has been an increasing level of scrutiny on the industry, following a string of scandals and regulatory actions. The Pressing Importance of the Licensing Deadline…

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Ethereum futures open interest hits $10.6 billion amid speculation of spot ETF approval - Ethereum News - News

Ethereum futures open interest hits $10.6 billion amid speculation of spot ETF approval

The recent surge in anticipation for a potential approval of an ethereum exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) has led to a significant increase in ethereum futures open interest, reaching an impressive $10.6 billion. This development comes as Ether (eth) prices continue to rise, having jumped by 38.5% over…

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OANDA expands its crypto trading services to the United Kingdom - African News - News

OANDA expands its crypto trading services to the United Kingdom

In an exciting development for the crypto industry, OANDA, a prominent US-based cryptocurrency brokerage firm, has announced its entry into the United Kingdom market. The expansion comes through OANDA Crypto, the firm’s newly launched subsidiary, following its acquisition of a majority stake in Coinpass – an FCA-registered company, which paved the way for this development…

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Blockchain game Shrapnel cautions its users against manipulation - African News - News

Blockchain game Shrapnel cautions its users against manipulation

Shrapnel: Eliminating Unfair Advantage in its Innovative Blockchain-Based Extraction Shooter Game Addressing Unfair Advantage: A Crucial Step Towards Fair Play in Shrapnel Shrapnel, the groundbreaking blockchain-based extraction shooter keyboards, has taken significant strides to ensure a level playing field for all its players. The platform recently identified instances of unscrupulous users employing illegal tactics like…

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Bitboy’s recent fight causes a swing in their memecoin’s prices - African News - News

Bitboy’s recent fight causes a swing in their memecoin’s prices

In an unexpected turn of events, the crypto world was abuzz with an unconventional showdown between two prominent figures: renowned crypto influencer Ben “BitBoy” Armstrong and the enigmatic memecoin developer, More Light. Their face-off, which took place at a crypto influencer “fight night” hosted by Karate Combat in Mexico on February 24, 2023, captured the…

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