In the latest development of the saga between Binance and Nigerian authorities, the executive who fled from Nigerian custody at the end of March has been traced to Kenya by the Federal Government. According to local reports, authorities are starting the extradition process and interrogating the guards in charge of the executive’s custody. Binance Exec’s…
The Hong Kong Securities and Futures Commission (SFC) has granted official approval for spot Ethereum and Bitcoin ETFs, signifying a major milestone for the crypto market in the region. However, while the approval brings excitement, Bloomberg Senior ETF analyst Eric Balchunas offered a more cautious analysis of the potential inflows into the newly approved market. …
Steven Nerayoff, a former advisor to Ethereum, has initiated a lawsuit against Michael Hlady, also known as Michael Peters, and Marianna Shooshani in the Supreme Court of New York, Nassau County in his quest for justice. The lawsuit alleges a fraudulent scheme orchestrated to deceive Nerayoff, resulting in substantial financial loss. According to the court…
UK Finance, the trade association representing the UK banking and financial services industry, is spearheading a pioneering pilot program aimed at leveraging crypto and blockchain technology to track financial transactions. This initiative marks a significant step forward in the adoption of crypto-related solutions within traditional banking systems. Under the umbrella of UK Finance’s experimental shared…
TLDR The Bitcoin Cash (BCH) price to rise above $700 again as it underwent halving. The Litecoin (LTC) price is predicted to rise above $100 according to experts. The Rebel Satoshi ($RBLZ) token remains one of the only projects with 50x potential. Analysts have picked the best cryptos to buy once the market starts…
Amid the buzzing excitement following the approval of Bitcoin and Ethereum Spot Exchange-Traded Funds (ETFs) in Hong Kong, Bloomberg Intelligence analyst Eric Balchunas has made a post highlighting the explosive growth of the products in the United States. US Bitcoin ETFs Assets Surpasses Hong Kong’s According to Eric Balchunas, the combined asset pool held by…
Leading meme coins, DOGE and SHIB, experienced a brief selloff yesterday because of the broader market slump. Both saw 5% red trading lines on the 24-hour trading charts. However, as analysts Milkybull Crypto predicted, this was a short retest before the upward momentum. Traders who bought yesterday’s dip are already seeing some profits, with SHIB…
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Over the weekend, the cryptocurrency markets were thrust into turmoil as escalating tensions in the Middle East sent shockwaves through global financial markets. Iran’s retaliatory drone and missile attack on Israel, following the bombing of the Iranian embassy in Syria, sparked fears of further conflict in the region. As a result, investors flocked to safe-haven…
In 2013, when Bitcoin was hovering around 100 USD per Bitcoin, a French family made a strategic decision. They bought 120 Bitcoin for all 7 family members depositing the BTC to separate Multibit wallets. Then, they asked a friend to encrypt them and put them into cold storage. It was a very timed and wise…
