Day: April 9, 2024

Bitcoin Nears Peak Amid Market Surge

Bitcoin made headlines by approaching its all-time high, touching a notable $72,000 on Monday morning. This significant movement follows a somewhat tumultuous start to April, with Bitcoin’s price initially dipping below its 2021 pinnacle of $69,044. Over the weekend, Bitcoin showcased modest yet steady gains of nearly 2%, a figure sourced from CoinGecko’s meticulous tracking. […]

Binance Execs Face Charges in Nigeria

Binance executive Tigran Gambaryan was detained by Nigerian authorities in February, facing serious allegations of money laundering. On Monday, in a high court hearing, Gambaryan pled not guilty to the charges, according to local media reports. The case, which has ensnared one of the largest cryptocurrency exchanges in the world, shines a spotlight on the […]

Chainalysis Hires Ex-IRS Head to Combat Crypto Crime

Chainalysis, a pioneering blockchain forensics firm, has made a strategic addition to its team by bringing on board James Lee, the former chief of the U.S. Internal Revenue Service (IRS) Criminal Investigations, as its new Global Head of Capacity Building. This move marks a significant step in bolstering the company’s efforts to equip law enforcement, […]

Crypto Stocks Surge Amidst Bitcoin Rally

Bitcoin (BTC) is not the sole beacon of optimism; crypto-related stocks are also witnessing significant gains. As Bitcoin teeters on the brink of $72,000, a resurgence from last week’s stagnation, it finds itself a mere whisper away from its peak of $73,737, achieved in March. This resurgence breathes new life into the crypto market, with […]

Tensor Foundation Launches TNSR Token

The Tensor Foundation, the brain behind the Solana NFT marketplace known as Tensor, has officially unveiled its governance token, TNSR. This strategic move is set to democratize the governance process within the Tensor ecosystem, granting TNSR token holders the authority to influence the platform’s parameters and enjoy fee discounts on transactions. Announced via the social […]

Argentina’s Crypto Path Under Milei

When Javier Milei ascended to the presidency of Argentina, the fusion of libertarian ideals with the country’s leadership sparked anticipations across both traditional finance and digital asset spheres. Milei, known for his pro-Bitcoin stance, was expected to herald an era of increased cryptocurrency utilization in Argentina, South America’s second-largest economy. However, recent regulatory changes have […]

Hong Kong Eyes Spot Bitcoin ETFs

The Hong Kong subsidiaries of leading China-based asset management firms, including Harvest Fund and Southern Fund, are taking bold steps towards introducing spot bitcoin exchange-traded funds (ETFs) in the administrative region. This initiative represents a notable pivot in the crypto investment landscape, particularly given the stringent restrictions on cryptocurrency trading and mining that prevail in […]

Surge in Crypto Fund Inflows Hits New High

In a remarkable week for cryptocurrency investment, funds under the stewardship of leading asset managers like BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares have witnessed an impressive influx of $646 million globally, as detailed in the latest report by CoinShares. This financial injection comes on the heels of an already substantial $862 million inflow from […]