Latest News

Bitcoin Investing Made Simple!

South Korean crypto exchange employees out-earn staff at major banks

Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.  Source link

Nigeria’s SEC issues first license to local crypto exchange

As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements. Source link

Goldman Sachs lowers US recession risk to 20%, what it means for Bitcoin

Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders. Source link

Australia took down 600 crypto scams, says AI will make it worse

Australia’s financial markets regulator says due to the evolving nature of technology, it’s becoming increasingly challenging for consumers to identify fraudulent schemes. Source link

75% of all Bitcoin has been hodled for over 6 months

Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn’t been sold or moved for the last six months. Source link

Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two

Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto. Source link

Bitcoin bulls should steer clear of new leveraged MicroStrategy ETF

Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF. Source link

Bitcoin metrics line up bull signals with $60.6K BTC price level to beat

Bitcoin is giving hints that an upward BTC price phase is about to begin, as measured by two popular trading tools. Source link

Nigeria’s tax watchdog proposes comprehensive crypto

The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset. Source link

Coinbase, KuCoin, others join in Turkey crypto license application

As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes. Source link