BlackRock’s Bitcoin ETF Surpasses MicroStrategy in BTC Holdings
BlackRock‘s entry into the Bitcoin market through its spot Bitcoin exchange-traded fund (ETF), IBIT, has notably exceeded MicroStrategy’s significant cryptocurrency holdings. As reported by BitMEX Research, IBIT’s holdings reached 197,943…
Appeals Court Reinstates Class-Action Lawsuit Against Binance
An appeals court in the United States has recently reversed a district court’s decision that had previously dismissed a class-action lawsuit against the cryptocurrency exchange Binance. This lawsuit, initiated by…
MakerDAO Enacts Interim Fee Changes in Response to Market Fluctuations
MakerDAO, the entity behind the development of the MKR token, has ratified an “Executive Vote” to enact provisional fee modifications aimed at fortifying the protocol amidst escalating market volatility and…
The Ripple Effects of Binance’s Withdrawal on Nigeria’s Cryptocurrency Landscape
The recent cessation of Binance’s operations related to the Nigerian Naira has stirred concerns and speculations within the Nigerian cryptocurrency community. Stakeholders are voicing apprehensions over potential impacts on livelihoods…
UAE’s RAK DAO Collaborates with Tencent Cloud to Propel Crypto Startup Development
In a strategic move to bolster the growth of crypto startups, Tencent Cloud, the cloud computing subsidiary of the Chinese tech giant Tencent, has entered into a Memorandum of Understanding…
Philippine Government Takes Action Against Unlicensed Crypto Exchanges, Exempts Binance for Now
The Philippine National Telecommunications Commission (NTC) has initiated a crackdown on cryptocurrency companies operating without the requisite licenses by blocking their websites. This move aims to combat investment scams and…
Lava Debuts as a Decentralized Lending Market Platform Enhancing Liquidity Across Blockchains
On March 7, Lava, a pioneering decentralized lending market platform, unveiled its operations, setting a new benchmark in the decentralized finance (DeFi) landscape. This innovative platform is designed to revolutionize…
Nigerian Central Bank Partners with Gluwa to Enhance eNaira Adoption via Credit Profiling
The Central Bank of Nigeria (CBN) has embarked on a strategic partnership with Gluwa Nigeria, marking a significant step towards the broad adoption of the eNaira central bank digital currency…
The Rising Trend of Speculating on ‘Crudely Illustrated’ Celebrity-Themed Memecoins
In the ever-evolving and often whimsical world of cryptocurrency, a new trend has captured the attention of memecoin enthusiasts: Solana-based tokens featuring caricatured depictions of celebrities and political figures. These…
Bitcoin Surpasses Gold as a Preferred Investment in Portfolios
In a recent analysis by JPMorgan, Bitcoin has been identified as surpassing gold in terms of popularity among investors, a remarkable shift underscored by Bitcoin’s record-breaking price surges. This transition…
Hut 8 Shuts Down Bitcoin Mining Operation Due to Rising Energy Expenses
Hut 8, a prominent Bitcoin mining entity, has announced the closure of its mining facility in Drumheller, Alberta, Canada. The decision, driven by escalating energy costs and consistent power disruptions,…
Binance Temporarily Halts Withdrawals on Solana Network Due to High Transaction Volume
Binance, the globe’s leading cryptocurrency trading platform, recently announced a temporary halt on withdrawals linked to the Solana network. This decision was influenced by an unprecedented surge in transaction volume.…
Bitcoin’s Ascent May Encounter Headwinds as Order Book Discrepancy Suggests Increased Selling
As Bitcoin (BTC) ascends toward unprecedented heights, a potential roadblock emerges, hinting at a pause driven by profit-taking actions from investors of the preeminent cryptocurrency by market capitalization. Analyzing the…
Bitcoin and Gold Set New Price Milestones Concurrently
On March 5th, Bitcoin (BTC), the preeminent digital currency, soared past expectations, setting a new price record by breaking the $69,200 barrier for the first time in its history. This…
Tether Introduces Migration Tool for Seamless USDT Transfers Across Blockchains
In a strategic move to enhance the resilience of its stablecoin ecosystem, Tether, the issuer of the widely-used USDT stablecoin, has rolled out a sophisticated recovery tool designed to facilitate…
Deutsche Börse Unveils Institutional Spot Cryptocurrency Trading Service
The German securities marketplace, Deutsche Börse, has made a significant foray into the digital assets space with the introduction of its exclusive cryptocurrency trading platform, the Deutsche Börse Digital Exchange…
Algorithmic Trading Firms Trigger Binance and Coinbase Outages, Says dYdX Executive
In an enlightening conversation with Cointelegraph, Ivo Crnkovic-Rubsamen, who holds the dual role of Chief Strategy Officer and Technical Lead for Trading at dYdX exchange, sheds light on the recent…
Binance Announces Termination of Nigerian Naira Operations by March 8
Binance, a leading figure in the global cryptocurrency exchange arena, has declared its imminent departure from the Nigerian market. This move involves a complete halt of services related to the…
Virginia Enacts Pro-Crypto Legislation to Support Blockchain Growth
In a pivotal move for the cryptocurrency sector, the Virginia Senate in the United States has approved a groundbreaking bill that paves the way for the establishment of a specialized…
Unbounded Sentiment: Tether Co-founder Predicts Bitcoin Could Soar to $300,000 in Next Bull Market
Bitcoin‘s current rally could be the most significant we’ve witnessed, with predictions suggesting the possibility of an even higher surge, as highlighted by Tether’s co-founder. Currently, Bitcoin trades around $66,522,…