Nigeria lifts ban on bitcoin and cryptocurrencies
Published by IntelliNews The Central Bank of Nigeria (CBN) has lifted its ban on Bitcoin and has introduced new guidelines for virtual asset service providers, marking a significant shift in the country’s approach to cryptocurrencies. This decision follows a ban…
Dragon Tokens Rise Over 40% As Lunar New Year Approaches, Coins Named After Mythical Beast Outperform Dogecoin, Bitcoin, Ethereum
Published by Benzinga As the global Chinese and Asian communities rejoice during the traditional Lunar New Year period, three dragon-themed cryptocurrencies have notably caught the wind beneath their wings. What Happened: The Lunar New Year, also known as the Spring…
‘Dogecoin Is Currently Sick’: DOGE Dev Flags Network Congestion Issues As Inscriptions Flood System
Published by Benzinga Dogecoin (CRYPTO: DOGE), the meme-inspired cryptocurrency, has run into technical difficulties as reported by Timothy Stebbing, a developer associated with the project. What Happened: On Tuesday, Stebbing took to X to address the issue, indicating that the…
FTSE 100 today: London markets likely to start higher, mirroring Asian peers
Published by City AM By Vivek Kumar Moving Markets Today: Asian Markets Track Wall Street Gains, Oil Prices Surge; Attention on Fedspeak and UK House Prices London markets are anticipated to open on a positive note, seeking to continue the…
Bitcoin, Ethereum, Dogecoin Rise As Saylor’s MicroStrategy Bags $37M Worth BTC: On-Chain Analyst Says Strong ‘Holder Sentiment’ Prevails After $1.22B Worth of ETH Exit Crypto Exchanges
Published by Benzinga Major cryptocurrencies surged on Tuesday evening following an announcement from MicroStrategy Inc (NASDAQ:MSTR), the largest publicly traded holder of Bitcoin. What Happened: The company revealed that it had acquired an additional 850 BTC in January, boosting its…
Treasury Secretary Yellen says America needs improved stablecoin regulations | CoinDesk JAPAN
U.S. Treasury Secretary Janet Yellen said in testimony before the House Financial Services Committee on Thursday that the government’s financial risk watchdog will require minimal federal oversight of stablecoin issuers, such as those in New York and Texas. He expressed…
BlackRock’s Bitcoin ETF inflows rise to 5th place among all ETFs since the beginning of the year | CoinDesk JAPAN
Just 17 days after its launch, BlackRock iShares Bitcoin Trust (IBIT) ranked among the top five exchange-traded funds in 2024 based on inflows, according to data from Bloomberg Intelligence. IBIT’s year-to-date inflows of $3.2 billion (approximately 480 billion yen, exchanged…
Altcoin Indicator ‘Has Changed To Green,’ Says Analyst: 70% Higher Is ‘First Real Target’
Published by Benzinga Cryptocurrency trader and analyst Moustache indicated the technical altcoin chart has changed to green, signaling a 70% potential upside. What Happened: The analyst noted the Gaussian channel, which changed to green in 2016 and 2020, has historically…
With Bitcoin ETFs, your Bitcoins will never be “yours†| CoinDesk JAPAN
U.S.-approved Bitcoin ETFs have been surprisingly popular in recent weeks, based on volume and flow metrics. But Bitcoin ETFs miss Bitcoin’s true utility of facilitating peer-to-peer transactions and bypassing traditional intermediaries. Unrelated to the inherent merits of crypto assets Investors…
Bitcoin ETF poses a risk to Coinbase stock: Analyst predicts | CoinDesk JAPAN
Exchange-traded funds (ETFs) have lower commission rates than exchanges, which could reduce Coinbase’s revenue from Bitcoin trading, analysts said. Still, the company will benefit from the fee income it receives from representing ETFs. Coinbase stock could benefit from increased adoption…