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Report: Nigerian Government Imposes $10 Billion Fine on Binance


The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. Binance’s Alleged Influence on...

AI Tokens to Democratize Access To Artificial Intelligence Models


Artificial Intelligence (AI) is set to be one of the most transformative technologies of the century. A new report from ResearchAndMarket.com projects the global AI Market is expected to be valued at around $1,057.47 billion by 2030. Unsurprisingly, this potential has fueled immense growth...

Bitcoin ETFs touch $7.6 billion in volume


Bitcoin ETFs have shattered volume records once again. The reported number stands at $7.6 billion, with BlackRock leading the way. IBIT recorded a total of $3.3 billion, out of which $2.2 billion was recorded until 1 p.m. ET. The numbers are true as of the end of Wednesday. Next in line...

Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up


The Ethereum network has recorded several gains in the last four months as decentralized activity continues to rise amid institutional inflows.  The post Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up appeared first on Cryptonews

Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin


Tron founder Justin Sun showcased his Bitcoin holdings using the social media platform X -- in a screenshot, Sun shared that his HTX account contained 28,614 BTC which is worth $1.6 billion. The post Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin appeared first on Cryptonews

$30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients


Carson Group, an investment platform with $30 billion in assets under management, has reportedly approved four spot bitcoin exchange-traded funds (ETFs) on its platform. The approved funds include Blackrock’s Ishares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). “We...

4-Day $3.77 Billion Boost in Meme Coin Sector Led by PEPE, WIF, and BONK


In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours. In the span of the last four days, the meme token economy has expanded by $3.77 billion, with tokens such as pepe (PEPE) and corgiai (CORGIAI) achieving gains in the double digits....

USDC Grows In Non-US Markets as Market Cap Taps $28 Billion


The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments. The post USDC Grows In Non-US Markets as Market Cap Taps $28 Billion appeared first on Cryptonews

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