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NFT Sales Continue to Rise in December, Bitcoin Outshines Ethereum

Introduction In the month of November, non-fungible token (NFT) sales experienced a significant increase. This trend has continued into the first week of December, with sales skyrocketing by 57% compared to the previous week. Bitcoin-related NFTs have emerged as the top performers in terms of sales volume, outshining Ethereum-based NFTs. Let's delve into the details […]

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SEC Warns Investors about Risks of Crypto Investments

The SEC's Warning on Crypto Investments The U.S. Securities and Exchange Commission (SEC) has issued a renewed warning regarding the high risks associated with investing in cryptocurrencies. The regulator emphasized that crypto-related investments are particularly susceptible to fraud, including fraudulent coin offerings, Ponzi and pyramid schemes, and instances where project promoters disappear with investors' funds.

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China and Singapore Collaborate on Digital Yuan Pilot for Tourists

Introduction China and Singapore have joined forces to launch a pilot program that allows tourists from both countries to use China's central bank digital currency, the digital yuan, for their purchases. This collaboration aims to enhance convenience and provide a seamless experience for travelers during their overseas trips. Expanding Financial Cooperation The Monetary Authority of

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US Lawmakers Introduce Bill to Counter Terrorism and Digital Asset Threats

Introduction Several U.S. lawmakers have recently introduced a bipartisan bill aimed at cracking down on terrorist organizations and addressing emerging threats involving digital assets. The bill proposes applying sanctions to foreign entities, including cryptocurrency platforms, that facilitate financial transactions for terrorists. The legislators also aim to provide the Treasury Department with additional resources to counter

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Bitcoin Outperforms Gold: Digital Asset Surges 166% in 2023, Outshining Gold’s Modest 9% Gain

Gold Hits Record High, Yet Bitcoin Steals the Spotlight With Stellar 2023 Surge Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023. However, despite this unprecedented peak, its price per ounce has decreased by 5.33% in the previous week. In contrast, bitcoin, the leading crypto asset in terms of market

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Vaneck Unveils 15 Crypto Predictions: Spot Bitcoin ETF Approvals, US Recession, BTC’s Historic Rally

Asset management firm Vaneck has revealed its 15 crypto predictions for 2024. These predictions cover a wide range of topics, including the arrival of the US recession, the approval of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and an anticipated historic rally for bitcoin, which could be influenced by political

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This Week’s Biggest Gainers and Losers: BONK, ORDI, BTT Lead Triple-Digit Growth in Booming Crypto Market

Bitcoin's value surged by over 14% in the last week, while Ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day span. Top Coins Thrive as Market Value Hits $1.7 Trillion Currently, the crypto market, which

This Week’s Biggest Gainers and Losers: BONK, ORDI, BTT Lead Triple-Digit Growth in Booming Crypto Market Read More »

Bitcoin Breaks Through $44K Barrier, Reaching Peak Levels Since Pre-Terra Crash

Bitcoin's price surged past the $44,000 mark on Tuesday, reaching a peak of $44,011 per unit. Over the last month, the leading cryptocurrency has seen a surge of more than 24%, with a 17% increase in just the past two weeks. Bitcoin's Remarkable Ascent This week, bitcoin has experienced a remarkable ascent, with a 14%

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Coinbase CEO Brian Armstrong: Bitcoin Could Hold the Key to Extending Western Civilization

Crypto exchange Coinbase's CEO, Brian Armstrong, believes that Bitcoin has the potential to play a crucial role in extending the reach of Western civilization. Armstrong sees Bitcoin as an alternative to traditional fiat currencies like the U.S. dollar, offering people a way to protect themselves from inflation. Brian Armstrong: Crypto as an Antidote to Inflation

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