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Swiss National Bank Chair Flags Crypto Risks, Calls Bitcoin and Ether a ‘Niche Phenomenon’
8.11.2024
Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation. Speaking at an event hosted by Aargauische Kantonalbank...
Trump’s Crypto Aide: U.S. Should Act Quickly to Incorporate a Strategic Bitcoin Reserve
8.11.2024
With Trump’s crypto allegiance and his new status as President-Elect of the U.S., talks of establishing a strategic bitcoin reserve have surged. While this can be achieved in several ways, Trump’s cryptocurrency aide and CEO of BTC.Inc., David Bailey, has suggested expediting this...
Bitcoin eyes $77K as investor confidence spikes post-US election
8.11.2024
Spot Bitcoin ETF recorded a new all-time high of over $1.37 billion in net inflows a day after Trump’s victory
Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut
8.11.2024
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term
TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions
8.11.2024
PRESS RELEASE. Geneva, Switzerland, November 7, 2024 – TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facilitating seamless...
Coinbase Launches Wrapped Bitcoin Token on Top of Solana
8.11.2024
Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with...
As Bitcoin Enters Price Discovery, Investors Urged to Limit Leverage
8.11.2024
Bitcoin has entered the exciting phase of price discovery, reaching new all-time highs and trading above $76,000. In…
Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000
8.11.2024
A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government....
How high can Bitcoin price go before Trump's inauguration?
8.11.2024
Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration
Crypto.com Unveils ‘Level up’ Rewards Program, Integrates New Service Suite
8.11.2024
Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8%...
How Will Trump’s Win Affect the Crypto Market? Why Crypto All Stars Might Benefit?
8.11.2024
Crypto investors are buzzing after yesterday’s election results revealed Trump will return to the White House. His last term saw Bitcoin explode onto the global stage – and now traders are hoping for another bull run. With Trump’s track record of pro-crypto comments, several...
U.S. Bitcoin ETF Sees Net Inflow of $2B within 2 days of Trump’s Win
8.11.2024
It is day 2 of Donald Trump’s victory and the US Bitcoin spot ETF witnesses a net inflow…
African Payment System Gets Banker’s Endorsement, but Viability Questions Linger
8.11.2024
The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (PAPSS) could potentially bring $50 billion...
BTC price sets fresh all-time high near $77K amid 'long squeeze' fears
8.11.2024
Bitcoin longs risk mass liquidations in a snap market reversal, analysis warns after new BTC price records follow FOMC
Wintermute Proposes New Benefits for Ethena Token Holders
8.11.2024
New rewards could be in the works for Ethena token holders via Wintermute’s governance proposal. Ethena Token Holders Set to Enjoy New Rewards Wintermute has suggested a governance change that would implement a “fee switch”, distributing a percentage of Ethena’s (ENA)...
Analysts Predict Euro to Slide to Parity With US Dollar Under Trump’s Second Term
8.11.2024
Donald Trump’s return to the White House may lead to the euro trading at par with the U.S. dollar. Diverging Interest Rate Policies Donald Trump‘s recently confirmed return to the White House is likely to result in the European Union’s currency, the euro, trading at par with...
Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts
8.11.2024
BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product
Bitcoin shows no ‘overheated’ signals despite new highs, says analyst
8.11.2024
From a fundamental standpoint, Bitcoin is showing no signs of the asset overheating, according to Galaxy’s head of research
El Salvador Leader and Trump Discuss High Stakes: Dangerous Past and Future Strategy
8.11.2024
El Salvador’s President Nayib Bukele has shared details of his conversation with U.S. President-elect Donald Trump, touching on Trump’s victory, near-death experience, and their shared ambitions. El Salvador Leader and Trump’s Private Exchange: From Victory to a Brush With...
‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul
8.11.2024
Significant changes are on the horizon for the SEC, predicts Coinbase’s legal chief, who foresees a Trump-led agency narrowing its focus to fraud instead of sweeping industry crackdowns. SEC Faces Reckoning — Crypto Industry Awaits New Dawn in Washington Coinbase Chief Legal Officer Paul Grewal...