Category: Fiat

Nigeria Tightens Crypto Regulation: 30-Day Ultimatum

In a significant regulatory move, Nigeria’s Securities and Exchange Commission (SEC) has issued a 30-day ultimatum to all cryptocurrency exchanges and digital asset traders operating within the country to re-register their businesses or face potential enforcement actions. This directive marks a pivotal step in Nigeria’s broader strategy to bring digital assets trading under stricter regulatory […]

Crypto Countdown: Major Options Expiry Stirs Market Volatility

As the clock ticks toward another significant event in the cryptocurrency markets, traders are gearing up for a major options expiry event set for this Friday at 08:00 UTC. Deribit, the leading crypto derivatives exchange, is preparing for the expiration of bitcoin (BTC) options worth $6.68 billion and ether (ETH) options worth $3.5 billion. This […]

Strike’s UK Expansion: Could This Be Bitcoin’s Next Big Break?

Strike, the innovative payments app leveraging the Bitcoin blockchain, has launched its services in the U.K., the company announced in a blog post on Tuesday. This move comes as part of Strike’s ambitious global expansion, following its recent rollouts in Europe and Africa. Now, customers in the U.K. can use the Strike app to buy, […]

Bitcoin Taxes: Gaetz’s Bold Bill Could Revolutionize Payments

In a groundbreaking move that could reshape the intersection of cryptocurrency and government finance, U.S. Representative Matt Gaetz has put forth a bill proposing that Americans be allowed to pay their federal income taxes using Bitcoin. Introduced in the House of Representatives, this proposed legislation aims to amend the Internal Revenue Code of 1986 to […]

VanEck Hints at Ethereum ETF Launch: Is the Wait Almost Over?

VanEck’s recent regulatory filing hints that U.S. Ethereum ETFs might be just around the corner, with some experts speculating a launch within a week. The $89 billion investment manager submitted an 8-A form for the VanEck Ethereum Trust on Tuesday. This crucial document is necessary for corporations to issue specific types of securities on national […]

German Bitcoin Selloff: $170M Dumped Amid Market Volatility

In a significant move, German authorities have been unloading substantial amounts of Bitcoin, as on-chain analysis has shown. This latest round of selling comes on the heels of a previous sale of approximately $170 million worth of Bitcoin last week. Recently, the Federal Criminal Police Office (BKA) made a notable transfer of 400 BTC, roughly […]

Crypto Carnage: Bitcoin and Ethereum Liquidations Soar

The cryptocurrency market is enduring a brutal downturn this week, with approximately $191 million in crypto derivatives contracts being liquidated in the last 24 hours. Bitcoin (BTC) has borne the brunt of these liquidations, accounting for about $103 million. Ethereum (ETH) follows closely behind with $33 million in liquidations. This sharp rise in liquidations comes […]

Metaplanet’s Bold Bet: Issuing Bonds to Buy More Bitcoin

Metaplanet, the public Japanese firm that has been heavily investing in BTC since April. Late Sunday, Metaplanet announced plans to issue another 1 billion yen ($6.2 million) in ordinary bonds to purchase more Bitcoin. At current prices, this would add approximately 101 additional BTC to its balance sheet, supplementing its existing total of 141.07 BTC. […]