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Nigeria Plans to Include Fintechs in Broadened Official Currency Market
26.10.2023
A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister Wale Edun also said the country will receive...
JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements
26.10.2023
JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1 billion worth of daily transactions, Global Head of Payments, Takis Georgakopoulos revealed. Georgakopoulos revealed in an interview on Bloomberg Television that JPM Coin is currently transacted daily, primarily in...
Is It Too Late to Buy Mina Protocol? MINA Price Rockets Up with $1 Billion Volume as New Telegram Casino Surpasses $1.5 Million
25.10.2023
As bullish movements sweep the market, Mina Protocol (MINA) has rocketed up to $1bn in volume, but with price entering retracement is it too late to buy Mina protocol?
The retracement appears to have been triggered by a recoil in trading volume following the $1bn mark, with 24-hour trading volume...
XRP Price Prediction as Daily Trading Volume Exceeds $3 Billion For the First Time in 3 Months – Can XRP Reach $3 Soon?
25.10.2023
The XRP price has gained by 0.5% in the past 24 hours, with its move to $0.552306 also representing a 12% increase in the past week, as the market rides a wave of Bitcoin ETF-related positivity.
XRP is now up by 13% in a fortnight and by 62% since the beginning of the year, which has been defined...
Ripple Joins Forces With Uphold to Improve Cross-Border Crypto Payments Liquidity
25.10.2023
Ripple has partnered with Uphold to improve its cross-border crypto payments infrastructure. Uphold will provide Ripple with “enhanced crypto liquidity capabilities.” Ripple offers services in over 55 countries, with payout capabilities in more than 70 markets, the company said...
Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation
24.10.2023
Bitcoin futures open interest (OI) has surged dramatically within the last day, with CME Group’s OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This isn’t an isolated event; platforms such as Binance, Deribit, Bitget, and Okx are also experiencing significant...
Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally
24.10.2023
Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spurred by optimistic sentiment over the possible approval of a Bitcoin spot...
Ethereum Price Prediction as Market Cap Hits $200 Billion: What's Next for ETH?
23.10.2023
Ether (ETH), the cryptocurrency that powers the layer-1 smart-contract-enabled Ethereum blockchain, is rising in tandem with the broader crypto market on Monday and was last up around 3% over the past 24 hours, as per CoinGecko.
The cryptocurrency’s latest rally has seen it reclaim a market cap...
Thailand Delays Plan to Distribute $15 Billion in Digital Currency to its Citizens
23.10.2023
Thailand's ambitious plan to distribute digital currency to its citizens, with a total value of approximately $15 billion, has hit a roadblock, as Deputy Minister of Finance Julapun Amornvivat announced a delay in the program's launch, local media outlets reported.
The initiative aimed to provide...
Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial
22.10.2023
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope...
Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?
22.10.2023
Bitcoin, the pioneering digital asset, has once again captured global attention as it surges past the formidable $30,000 resistance level. A colossal inflow of $10 billion has catalyzed this rally, signifying renewed confidence from institutional and retail investors alike. ...
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Sam Bankman-Fried asked FTX attorney to 'come up' with legal argument for $8B hole
20.10.2023
According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing
Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman With BTC, Beluga Raises $4 Million
20.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman...
XRP Price Prediction as $2 Billion Sends XRP Up 6% Overnight – Do Whales Know Something?
20.10.2023
The XRP price has surged by 7% in the past 24 hours, rising to $0.515869 after the SEC dismissed its outstanding claims against Ripple executives Chris Larsen and Brad Garlinghouse.
The dismissal means that a scheduled trial – on the question of whether Garlinghouse and Larsen knowingly aided...
Gemini, Genesis, DCG Face $1B Fraud Lawsuit by NY Attorney General; Gemini Says It’s the ‘Victim’ in Scandal
19.10.2023
New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1 billion. The lawsuit claims the companies lied about...
The Intriguing Saga of Jimmy Zhong: The $3 Billion Crypto Thief
18.10.2023
Jimmy Zhong – the $3 billion Bitcoin (BTC) thief behind the Silk Road marketplace hack in 2012 – was ironically caught by investigators after trying to report another crypto thief to the police....
Read More: The Intriguing Saga of Jimmy Zhong: The $3 Billion Crypto Thief
Bitcoin Price Prediction as ETF Rumors Send Daily Trading Volume Above $20 Billion – New Bull Market Starting?
18.10.2023
Amidst the swirling speculations and ever-evolving crypto landscape, recent rumors of a potential Bitcoin ETF approval have ignited a fervor in the trading community.
With Bitcoin's daily trading volume soaring past the $20 billion mark, many market analysts and enthusiasts are left wondering...
FTX Executive continues Testimony in SBF Trial, Gives Details on Discovering Alameda's $8 Billion Debt
17.10.2023
Nishad Singh, former head of engineering for FTX, resumed his time on the witness stand Tuesday morning after a gripping testimony yesterday.
Beginning his cross-examination, Singh called FTX's business spending "too large" and stated much of it "didn't make sense."...
Read More: FTX Executive...
XRP Price Prediction as $1 Billion Puts XRP in the Green – Time to Buy?
17.10.2023
The XRP price has held steady today, with its current level of $0.490994 meaning that it's unchanged in the past hour and past day.
And while XRP is down by 1.5% in a week and by 3.5% in a fortnight, it has actually risen by 3% from its seven-day low, while the altcoin remains up by 44% since...
FTX Engineer Reveals $8B Bug, Lavish Spending, and Political Donations in Explosive Testimony Against Bankman-Fried
17.10.2023
Nishad Singh, former director of engineering at FTX, testified this week against his former boss Sam Bankman-Fried, detailing a software bug that hid billions in missing funds and excessive spending on celebrities and real estate. Singh Points Finger at $8 Billion Bug and Bankman-Fried’s...