Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,289,305,840,823.48
  • 24h Vol: $45,042,013,858.11
  • BTC Dominance: 56.21%

Bitcoin

javier-milei-reiterates-several-currencies,-including-bitcoin,-will-compete-in-argentina

Javier Milei Reiterates Several Currencies, Including Bitcoin, Will Compete in Argentina

Leave a Comment / Argentina, Bitcoin, Bitcoin (BTC), Crypto Hacked, Cryptocurrency, currency competition, Ethereum, javier milei, News Bytes, News Bytes - 4 / / / , , , , ,

President Javier Milei took to social media to re-explain the currency plans for Argentina. Answering a post mentioning bitcoin, Milei stated that anyone wishing to use bitcoin will be able to do so, given that there will be currency competition in the country. “You can also use other units such as WTI, BTU, and the […]

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Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit

Leave a Comment / Africa, Binance, Bitcoin, crypto exchange, Crypto Hacked, Cryptocurrency, Ethereum, Law Enforcement, Tigran Gambaryan / / / , , , ,

A Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law enforcement agencies. In his ruling, Judge Inyang Ekwo reportedly cited Anjarwalla’s lack of legal representation as one of the reasons for dismissing the lawsuit. Binance Exec’s Lack of Representation Leads to Lawsuit Dismissal A Nigerian Court

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Ethiopia Approves CBDC Launch Draft Proclamation

Leave a Comment / Africa, banking sector, Bitcoin, central bank digital currency (CBDC), Crypto Hacked, Cryptocurrency, Digital Currency, Ethereum / / / , , , ,

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch

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Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

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Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted

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Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments

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The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline

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Australian Bank Halts Development of ETH-Based Stablecoin

Leave a Comment / Australian dollar, Bitcoin, Blockchain, Carbon Credits, Crypto Hacked, Cryptocurrency, Ethereum, Featured, Fintech, Stablecoin / / / , , , , ,

The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently

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Unlicensed Crypto Business Leads to Indictments in Utah

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, cryptocurrency charges, cryptocurrency fraud, DOJ, Ethereum, indictment, legal, unlicensed money-transmitting business / / / , , , , , , ,

Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the

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IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East

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The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks

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Central Banks Plan Increased Gold Reserves Amid Global Uncertainty: 2024 World Gold Council Survey

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The World Gold Council’s 2024 survey reveals that central banks plan to increase gold reserves amid geopolitical and financial uncertainties. Over 80% of respondents expect global bullion holdings to rise, and 29% of central banks plan to boost their own reserves. Motivations include strategic rebalancing, domestic production, and market concerns like crisis risks and inflation.

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Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

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Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average exposure to crypto,” the bank said. ‘Younger Groups Hold More Crypto and More Alternative Investments’ Bank of America released a report titled “2024 Bank of

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