Cryptocurrency Market

  • Market Cap: $2,284,465,079,453.03
  • 24h Vol: $51,974,368,975.42
  • BTC Dominance: 56.31%

Bitcoin

bitcoin-miner-bitdeer-technologies-to-list-on-nasdaq-via-spac-deal

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company (SPAC) deal with Blue Safari […]

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal Read More »

china-fines-bitmain-$3.6-million-for-tax-violations,-report

China Fines Bitmain $3.6 Million for Tax Violations, Report

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices

China Fines Bitmain $3.6 Million for Tax Violations, Report Read More »

g7-to-discuss-more-crypto-regulation-and-how-to-help-developing-nations-introduce-central-bank-digital-currencies

G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies

The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including the G7 public policy principle for retail CBDC,” said Japan’s Vice Minister

G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies Read More »

brics-nations-push-to-expand-global-influence-to-counter-the-west’s-‘destructive-actions’

BRICS Nations Push to Expand Global Influence to Counter the West’s ‘Destructive Actions’

The BRICS nations are focusing on increasing their international roles and “enhancing coordination on key multilateral platforms,” Russia’s Minister of Foreign Affairs reportedly revealed after a meeting with BRICS ambassadors. He stressed “the need for joint efforts to counter destructive actions aimed at destroying the established security architecture.” BRICS Seeks Expand Global Influence Russia’s Minister

BRICS Nations Push to Expand Global Influence to Counter the West’s ‘Destructive Actions’ Read More »

imf-economist-warns-of-side-effects-from-sharp-monetary-policy-tightening-—-says-financial-risks-have-increased

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased

The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas, Economic Counsellor and the Director of Research of the International Monetary Fund (IMF), shared his global economic outlook

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased Read More »

binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC)

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure Read More »

warren-buffett-likens-bitcoin-to-gambling-and-chain-letters-in-recent-interview

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child. Buffett Shares His Two Cents on Bitcoin,

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview Read More »

russian-central-bank-attributes-recent-ruble-depreciation-to-lower-forex-sales-by-exporters

Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters

The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also revealed that the Chinese yuan accounted for 39% of the Russian forex market’s overall volumes. Temporary Reduction in Sale of Foreign Exchange The Russian central

Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters Read More »

renq-finance-raises-nearly-$1-million-in-24-hours-as-stage-4-completes

RenQ Finance Raises Nearly $1 Million in 24 Hours as Stage 4 Completes

PRESS RELEASE. After RenQ Finance achieved remarkable success by completing stage 4, they generated immense excitement among investors after embarking on stage 5. In just the last 24 hours of stage 5, RenQ has secured over $1 million in funding, bringing the total raised for this stage to an impressive over $7,7 million out of

RenQ Finance Raises Nearly $1 Million in 24 Hours as Stage 4 Completes Read More »

nigerian-forex-inflows:-‘ambiguous-foreign-exchange-regime’-blamed-after-inflows-dropped-to-$5.32-billion-in-2022

Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022

Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle to keep the naira to the dollar exchange rate

Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022 Read More »