Despite the continuing crisis in the cryptocurrency sector that was created by the collapse of the FTX, the government of Hong Kong has not wavered in its commitment to the development of cryptocurren...
Tag: news
New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs – Bitcoin News
According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also dis...
Mark Cuban To Testify On Voyager Marketing
Next month, the owner of the Dallas Mavericks, Mark Cuban, is scheduled to give a deposition as part of the defense against a potential class-action lawsuit alleging that he promoted a Ponzi scheme in...
Prices in Dollars Rose Almost 54% in Venezuela During 2022 – Emerging Markets Bitcoin News
Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close ...
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub – Regulation Bitcoin News
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong be...
Gala (GALA) Surges 60% on Big News; Here’s What to Know
GALA, the native token that powers Gala Games, a platform for blockchain gaming, exploded nearly 60% higher on Jan. 9 as altcoins saw an aggressive pump. At the time of writing, GALA was up 58.16% at ...
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence – Bitcoin News
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strength...
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion – Defi Bitcoin News
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-Decembe...
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents – Bitcoin News
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spen...
SOL up 22% as ADA Hits Highest Point Since November – Market Updates Bitcoin News
Solana surged by as much as 22% on Monday, as bullish sentiment returned to cryptocurrency markets. The move saw the token climb to its highest point since November, when it was embroiled in the FTX c...
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes – Bitcoin News
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that i...
Crypto News: Gala, Ada and Shiba inu
Gala The price of the crypto skyrockets and boasts a 51.75% jump in the last trading day, touching $0.03881, partly due to the effect of speculation and high volatility. Gala is the trading currency...
BTC Climbs Back Above $17K, Hitting 3-Week High – Market Updates Bitcoin News
Bitcoin rose to a three-week high on Jan. 9, as prices surged beyond the $17,000 mark to start the week. The move comes days ahead of the upcoming U.S. inflation figures, and as traders continue to re...
Binance Joins Association of Certified Sanctions Specialists – Regulation Bitcoin News
Cryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabilities in this field, the larges...
Bed Bath & Beyond stock pops on no news as potential bankruptcy looms
Bed Bath & Beyond hasn’t filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer shot up as much as 75...
Good news for the Solana crypto
Development activity on the Solana crypto has increased, which implies good news for the network because it means developers are working to improve the blockchain. Indeed, the social volume of the Eth...
Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin – Exchanges Bitcoin News
Airtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its platform. The company stated that starting Jan. 4, 2023, all crypt...
Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange – Exchanges Bitcoin News
Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owne...
Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech – Blockchain Bitcoin News
Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called,...
Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government – Featured Bitcoin News
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his...
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’ – Featured Bitcoin News
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs the...
Nigeria to Stop Cash Withdrawals From Government Accounts – Economics Bitcoin News
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public offi...
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases – Markets and Prices Bitcoin News
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additio...
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings – Bitcoin News
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were...
Bearish Bets: 3 Big Board Stocks You Should Think About Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Here’s My Shiny New Top Stock Pick for 2023
As a position trader, holding on to an investment for an entire year is pretty difficult. However, if a stock’s technicals and fundamentals don’t deteriorate, there’s really no reaso...
SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review – The Weekly Bitcoin News
2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other ...
Mexican CBDC Unlikely to Be Ready by 2024 – Economics Bitcoin News
The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxi...
Crypto Exchange Huobi Has Bad News
This is bad news that the cryptocurrency industry could have done without. The latest episode suggests that the very difficult period that the young Blockchain-powered financial services industry is ...