news

Introduction Glassnode, a blockchain data firm, has conducted an analysis on the potential impact of a spot bitcoin exchange-traded fund (ETF) approval in the United States. According to their research, the introduction of a spot bitcoin ETF could lead to a significant influx of capital into the cryptocurrency market. This article will explore Glassnode's analysis […]

Introduction The U.S. Department of Justice (DOJ) recently revealed charges against Binance Holdings Limited, one of the leading crypto exchanges worldwide. The DOJ reached a groundbreaking $4.316 billion settlement with Binance for noncompliance with anti-money laundering (AML) laws. Surprisingly, despite Binance's claim to exclude U.S. users in 2019, the firm continued to provide market access

Optimistic Outlook on Cryptocurrency In an exclusive interview with CNBC, Tom Farley, the former President of the New York Stock Exchange (NYSE) and current CEO of Bullish, shared his positive perspective on the future of cryptocurrency, specifically Bitcoin. He expressed this optimism in light of the potential approval of a Bitcoin spot exchange-traded fund (ETF)

Renowned author and Rich Dad Poor Dad co-author, Robert Kiyosaki, is urging investors to prepare for hyperinflation and highlighting bitcoin as the best protection against it. Kiyosaki believes that bitcoin is "people's money," meaning its value is not controlled by governments. Preparing for Hyperinflation: Robert Kiyosaki's Advice Robert Kiyosaki, the author of the best-selling book

On Monday, ethereum (ETH) experienced a significant surge in price, breaking the $2,000 barrier and reaching a peak of $2,041 on November 20, 2023. As the second most prominent cryptocurrency with a market capitalization of $242 billion, ethereum continues to attract substantial trading activity, with a total trading volume of $15.33 billion in the past

Paystack's Decision to Scale Down Operations Outside Africa Nigeria's prominent fintech startup, Paystack, has recently announced its decision to downsize its operations outside Africa. As part of this move, Paystack will be parting ways with 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has assured the affected employees of his

FTT Records Colossal Gains Over the Past Fortnight The exchange token FTT, originally developed by the now-defunct FTX cryptocurrency trading platform, has experienced a significant surge in value, surpassing the $3 per unit mark. Despite the challenges faced by FTX, including the fraud conviction of Sam Bankman-Fried and ongoing bankruptcy proceedings, FTT has shown remarkable

Introduction The U.S. Securities and Exchange Commission (SEC) recently announced the postponement of its decision regarding the Global X Bitcoin Trust's application to list a spot bitcoin exchange-traded fund (ETF). This delay, revealed on November 17, 2023, adds to the ongoing uncertainty surrounding spot bitcoin ETFs. Global X Spot Bitcoin ETF Delayed by SEC The

Star Atlas, a trailblazer in the integration of gaming and blockchain, has reached a significant milestone with the listing of its ATLAS token on LBank. This marks the beginning of an exciting new chapter for Star Atlas and has generated a surge of interest in the market, resulting in a 60% increase in the value

Overview Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum's market behavior. Market Analysis Ethereum's market