Binance, the world’s largest crypto exchange by trading volume is discontinuing support for the largest economy in Africa’s national currency. Late last week, the government of Nigeria demanded nearly $10 billion from Binance, alleging that the crypto exchange manipulated the exchange rate of its fiat currency. According to local reports, the Nigerian government slapped Binance with …
Monthly archives: March 2024
Bitcoin and gold are becoming increasingly correlated in conservative investment strategies
In a striking turn of financial events, gold and Bitcoin (BTC) have both soared to record-breaking highs, signaling a shift in investor sentiment that appears to diverge from traditional expectations related to monetary policy and interest rate cuts. Analyst Noelle Acheson recently highlighted these trends, noting that their timing coincides with a period where anticipations …
Spot Bitcoin ETFs record $10 billion in daily volume, breaking previous record
Spot Bitcoin ETFs have continued their record-breaking performance this week, recording over $10 billion in volume on March 5 — the highest since their launch in January. The previous record was set on Feb. 28, when the ETFs recorded a collective trading volume of approximately $7.7 billion. IBIT, FBTC retain the lead Three spot Bitcoin …
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Deaton now accepting crypto donations in campaign against Elizabeth Warren
Senate candidate John Deaton announced he will begin accepting crypto donations to support his campaign against Elizabeth Warren. Deaton, whose resume spans from the US Marines to crypto law, unveiled his campaign with a video on Feb. 20 that showcased his journey from a challenging childhood in Detroit to his service as a judge advocate …
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Bitcoin slides almost 9% to $63,150 after setting new ATH
Bitcoin experienced a notable price adjustment, declining nearly 9% following its ascent to a record-setting pre-halving all-time high. The leading digital currency, which captured significant attention for its surge to $69,324, subsequently corrected to roughly $64,580 within an hour — illustrating the market’s volatility. Bitcoin price action has remained subdued under pressure, with the flagship …
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Precious Metal Peaks — Gold Surpasses $2,140, Marking Historic Price High
As bitcoin climbed beyond its previous 2021 peak, the value of an ounce of pure gold similarly hit a lifetime high on March 5. The globally acknowledged safe haven asset soared to $2,140 per ounce on Tuesday, marking a 4.97% increase against the U.S. dollar over the preceding week. Price of Gold Climbs to Unprecedented …
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Bitcoin’s Leap Beyond Its Former Price Record Signals New Positive Market Cycle, Says Chainlink’s Sergey Nazarov
Having achieved its highest value ever on March 5, 2024, precisely at 10:03 a.m. Eastern Time (ET) on Tuesday, the price of bitcoin has declined by more than 11% against the greenback at 3:00 p.m. ET. Currently, bitcoin boasts a global trading volume of $52.34 billion, contributing to the total $275 billion exchanged throughout the …
Montenegro Court Halts Extradition of Terra’s Do Kwon to the US
In a pivotal legal reversal, Montenegro’s Court of Appeals has annulled the extradition of Terraform Labs co-founder Do Kwon to the United States, siding with his defense’s appeal and invalidating a prior High Court ruling from Feb. 20. Montenegro’s Appeal Court Blocks Do Kwon’s U.S. Extradition, Cites Legal Flaws This latest court decision underscores the …
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Real.Casino Celebrates Bitcoin’s Record-Breaking Rally with a $5,000 Giveaway: Your Chance to Shine in the Crypto Spotlight
In the wake of Bitcoin’s exhilarating climb to surpass $67,000, marking a new milestone in its storied journey, Real.Casino announces a celebratory $5,000 giveaway. This event is not just a celebration of Bitcoin’s latest achievement but also an invitation to the broader community to engage with the cryptocurrency ecosystem in a meaningful way. As the …
Here’s How Long the Current Bitcoin Bull Market Could Last, According to Closely Followed Crypto Analyst
A popular crypto analyst is analyzing how long the Bitcoin (BTC) bull market could last. The pseudonymous trader known as TechDev tells his 434,100 followers on the social media platform X that the global liquidity cycle has aligned with “every Bitcoin top and takeoff point.” “Spacing between blue and red dots has always been 9-11 …
Bitcoin Will Double the Market Cap of Gold After Running ‘Much Higher’ Past All-Time Highs: Anthony Pompliano
Pomp Investments founder and Bitcoin bull Anthony Pompliano says BTC‘s rally is likely far from over. In a new interview with CNBC, Pompliano says the crypto king is on its way to surpassing and potentially doubling the market cap of gold. Furthermore, Pompliano expects the biggest crypto by market cap to blow past its all-time …
Nigerian Politician Calls Terror Financing and Money Laundering Allegations Against Binance ‘Damning’: Report
A Nigerian lawmaker is accusing Binance of violating the law, according to a report by the Punch newspaper. The Punch report quotes the chairman of Nigeria’s House of Representatives Committee on Financial Crimes, Ginger Onwusibe, saying that the country’s constitution empowers lawmakers to “protect Nigerians from financial crimes, especially by foreign companies.” “We also have …
Solana-Based Memecoin That’s Up 13,370% Since November Continues Explosive Rally After Binance Listing
A red-hot Solana (SOL)-based memecoin continues to soar after earning a listing by top crypto change Binance. According to a new announcement, Binance is launching perpetual futures trading for Myro (MYRO), a dog-themed memecoin built on the Solana blockchain. Says Binance, “To expand the list of trading choices offered on Binance Futures and enhance users’ …
Binance Integrates Ethereum Layer-2 Blast Network Into Its Web3 Wallet
Binance’s Web3 wallet has integrated a brand-new Ethereum (ETH) layer-2 scaling solution. The exchange’s users can now use the wallet to complete transfers to and from the Blast Network, which offers native yield for ETH and stablecoins. Blast launched its mainnet last week and says it has already clocked more than $2.4 billion in total …
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Proof of Talk Returns to the Louvre Palace As Agenda-Setting Event for Web 3.0
March 5, 2024 – Paris, France The Proof of Talk summit, heralded as the Davos of Web 3.0, is back for its second year. Uniting Web 3.0 visionaries and global leaders Following the success of its 2023 edition, the Proof of Talk summit, heralded as the Davos of Web 3.0, is back for its second …
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