The Bitcoin (BTC) price rally seems to be absolutely unstoppable as the largest digital asset surges by another 8% pretty close to hitting its new all-time highs. At press time, Bitcoin is trading at $68,200 with a market cap of $1.340 trillion. With this, BTC’s gains on the weekly chart exceed 22%. Bitcoin Price Rally […]

BRICS, an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates, announces the creation of an independent payment system based on digital currencies and blockchain. BRICS Digital Currencies and Blockchain-Based Payment System Russia’s Kremlin aide Yury Ushakov in an interview with Russian News Agency TASS revealed work […]

Binance, world’s leading crypto exchanges, has announced the listing of Dogwifhat (WIF), a dog-faced meme coin based on the Solana blockchain. After Binance made this announcement, the Dogwifhat price surged over 28% in an hour and rebounded from recent losses. Binance To List Dogwifhat According to the latest announcement, the Binance listing is scheduled to […]

In addition to its recently added spot Bitcoin ETF, asset management firm Grayscale Investments has introduced a new staking fund. The Grayscale Dynamic Income Fund (GDIF) A post on X showed details of a newly launched crypto staking fund from Grayscale dubbed Grayscale Dynamic Income Fund (GDIF). According to the asset manager, this is the […]

The world of cryptocurrency is no stranger to volatility, often witnessing substantial price swings within short periods. In recent events, the market experienced a notable downturn, aligning with Bitcoin’s significant 8% decrease following its record-breaking  all-time high on Wednesday, March 5, 2024. This downturn in Bitcoin’s value had a ripple effect, causing a 6.19% decrease […]

Following a week of impressive crypto market rally, there has been a sudden shift early today as bears dominated, casting a reddish tint across the charts. This downturn coincided with Bitcoin’s notable 8% drop after soaring to a record high on March 6, 2024, surpassing the coveted $69,000 mark. As Bitcoin led the decline, the […]

The BlackRock iShares Bitcoin ETF (IBIT) witnessed an unprecedented accumulation of Bitcoin (BTC) on Tuesday, securing over $778 million worth of the cryptocurrency. This substantial acquisition consisted of 12,600 BTC, setting a new record for daily acquisitions by the fund, which previously peaked at around 10,000 Bitcoin. The transaction occurred amidst a volatile market session, […]

In a recent statement at the Madeira Bitcoin conference, Michael Saylor, CEO of MicroStrategy, lauded the unexpected success of the newly launched Bitcoin Exchange-Traded Funds (ETFs) by BlackRock and Fidelity. According to Saylor, these financial instruments have not only outperformed expectations but are also beginning to challenge the dominance of traditional ETFs, including those tracking […]

In the midst of Egypt’s economic turmoil, Bitcoin ETF issuer Bitwise’s CEO Hunter Horsley emphasized the role of Bitcoin (BTC) as a potential hedge against such crises. Whilst, Egypt secured an expanded $8 billion deal with the International Monetary Fund (IMF) and additional funding for environmental sustainability. Moreover, the nation aims to stabilize its economy […]

Nigeria’s SEC has released new guidelines to better regulate the working of crypto firms. The new guidelines are aimed at curbing money laundering cases and fraud related to digital currencies, according to The Daily Post. The update in working guidelines also comes at a time when one of the biggest crypto exchanges, Binance is facing […]