Crypto | Ethereum | Bitcoin

2024-03-19 10:05:00 Nigeria intensifies probe into Binance with court-ordered data disclosure

A Federal High Court in Nigeria has ordered Binance to provide detailed information on all its Nigerian users to the country’s foremost anti-corruption agency — the Economic and Financial Crimes Commission (EFCC). The ruling comes amid rising tensions between the crypto exchange and Nigerian authorities over the past month as the country’s fiat currency collapsed after locals turned to crypto to deal with unabated inflation.

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2024-03-18 21:29:02 Spot Ethereum ETFs may bring up to $45 billion of inflows if approved, says Standard Chartered Bank

Spot Ethereum exchange-traded funds could still be approved by their initial deadline of May 23, according to Standard Chartered Bank, despite skepticism expressed by other commentators. Earlier this year, Kendrick predicted that spot Ethereum ETFs would likely be approved on May 23 primarily because the Securities and Exchange Commission has not classified ETH as a security in its legal actions against crypto companies.

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2024-03-17 22:40:30 Solana's memecoin mania pushes on-chain volumes and fees to new highs

The popularity of memecoin trading and speculation on Solana has pushed on-chain volumes — in U.S. dollar terms — to a new all-time high on Friday. Volume on Ethereum's foremost competitor exceeded $3.79 billion to end the work week, according to data from DefiLlama. The blockchain's previous all-time high volume was $2.85 billion — a figure set earlier this month. Saturday was close to Friday's all-time high.

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2024-03-17 12:10:14 Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country

According to the proposed amendments to the rules governing digital asset entities by the Nigerian Securities and Exchange Commission (SEC), a company “seeking to operate as a VASP [Virtual Asset Service Provider] must be incorporated and maintain an office in Nigeria.” The SEC also proposed that the CEO or managing director must reside in Nigeria. Foreign or non-residential operators targeting Nigerian users directly or through their agents will also be subject to the proposed rule changes, the regulator added.

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2024-03-16 18:45:00 Solana price approaches $200 for first time since December 2021

The price of solana is rapidly approaching $200 for the first time since December 2021 and the token is now about 20% off it's all-time high. Solana's price is currently $196, according to The Block's Price Page. It's up 16% in the last 24 hours and has reached a market cap of $84.7 billion. The market cap has risen higher than the peak market cap seen in November 2021 and is setting new all-time highs. While solana has a lower price than at its previous peak, the supply has increased considerably, resulting in a higher market cap.

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2024-03-16 11:34:59 Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations

Crypto market capitalization dropped 7%, its sharpest fall this year, as bitcoin (BTC) plunged 8% in the past 24 hours to wipe weekly gains and kickstart a marketwide decline. Bitcoin slumped from Thursday’s high of $73,000 to as low as $65,800 early Friday before slightly recovering. Meanwhile, Coindesk 20, a broad-based index of most liquid cryptocurrencies, was down 8.25%.

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2024-03-15 19:35:00 Michael Saylor on Gold vs Fiat vs Bitcoin

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2024-03-15 13:25:00 Cetera Financial Group unveils policy to allow Bitcoin ETF exposure for RIAs, brokers

Cetera Financial Group has introduced a new initiative aimed at supporting financial advisors with the integration of spot Bitcoin ETFs into investment strategies. Cetera has an impressive roster of over 12,000 financial advisors and holds roughly $475 billion in assets under management, making it one of the largest wealth management services in the US.

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2024-03-14 23:05:35 Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark

Bitdeer Technologies’ (BTDR) shares are appealing given the wide gap between the company’s discount valuation and its growth prospects, investment banking firm Benchmark said in a research report Thursday. Benchmark initiated coverage of the bitcoin (BTC) miner with a buy rating and a $13 price target. The stock closed over 7% higher on Wednesday at $6.74.

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2024-03-14 13:40:16 BBC News covers Bitcoin saying "almost hourly now this virtual currency is hitting new all time highs."

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