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Cryptocurrency - Page 2

Cryptocurrency Market Faces Downturn As Bitcoin, Ethereum Experience Losses

Cryptocurrency Market Declines by 3.27% The overall cryptocurrency market faced a challenging week as its total market capitalisation dropped by 3.27%, settling around $1.91 trillion as of Friday. The week was marked by significant volatility, affecting major cryptocurrencies such as Bitcoin and

September 7, 2024

News·World News

US Court Drops $258bn Lawsuit Against Elon Musk Over Alleged ‘Crypto Pyramid Scheme’

Elon Musk Cleared in $258 Billion Dogecoin Lawsuit A United States court has dismissed a $258 billion class action lawsuit filed against Elon Musk, Tesla, and SpaceX, which claimed they promoted a “Crypto Pyramid Scheme” through the endorsement of Dogecoin. The case,

August 31, 2024

Business·News·Technology·World News

Australians Lose $122m To Crypto Scams In 1 Year

Crypto Scams Surge in Australia: $122 Million Lost Australians have lost over $122 million to crypto investment scams in the past 12 months, with those under 50 being the primary targets. The alarming data, revealed in a press release by the Australian

August 29, 2024

News·Technology·World News

Crypto Millionaires Surge By 95% Amidst Rising Popularity Of Exchange-Traded Funds

Global Increase in Crypto Millionaires The global population of crypto millionaires has surged by 95% over the past year, according to a recent report by New World Wealth and Henley & Partners. The report highlights that the number of individuals holding over

August 28, 2024

United States Seizes $5 Million In Tether From Pig Butchering Scams, FBI Warns Of Rising Cybercrime

News·World News

United States Seizes $5m In Tether From Pig Butchering Scams, FBI Warns Of Rising Cybercrime

United States Authorities Crack Down on Pig Butchering Scams United States authorities have successfully seized over $5 million worth of Tether, a popular cryptocurrency, in the latest effort to curb cybercrime. This seizure is linked to a rising trend of cryptocurrency investment

August 25, 2024

Business·News·World News

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

Bitcoin and Inflation: A Volatile Week Bitcoin’s price saw significant swings this week as the U.S. Consumer Price Index (CPI) report was released. The cryptocurrency’s value surged ahead of the report, reflecting market optimism, only to experience a sharp decline afterward. Bitcoin’s

August 17, 2024

Tether's Market Capitalisation Reaches $115 Billion, Solidifying Its Dominance In The Crypto Industry

Business·Markets·News

Tether’s Market Capitalisation Reaches $115 Billion, Solidifying Dominance In Crypto Industry

Tether’s Market Capitalisation Surpasses $115 Billion Tether’s USDT has achieved a milestone, with its market capitalisation crossing the $115 billion mark. This achievement solidifies Tether as the third-largest cryptocurrency by market capitalisation and the dominant stablecoin in the industry, controlling over 70%

August 12, 2024

News·World News

Cryptocurrency: Ethereum ETFs Set To Launch On July 23 with US SEC’s Preliminary Approval

SEC Approves Ethereum ETFs for July 23 Launch The long-awaited spot Ethereum Exchange Traded Funds (ETFs) are set to begin trading by July 23 after the United States Securities and Exchange Commission (SEC) under Gary Gensler gave preliminary approval to some of

July 17, 2024

Business·News

Minister Urges SEC To Tighten Cryptocurrency Oversight, Ensure Market Integrity

Minister of Finance Calls for Stringent Oversight On Cryptocurrency The newly inaugurated board of the Securities and Exchange Commission (SEC) has been called upon to tackle the complexities of regulating cryptocurrencies and ensure stringent oversight to maintain market integrity in the capital

July 9, 2024

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transaction In Nigeria

Business·News

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

KuCoin Implements VAT on Transactions KuCoin, a cryptocurrency exchange operating in Nigeria, announced on Wednesday that it would begin charging a 7.5% Value-Added Tax (VAT) on transaction fees starting July 8, 2024. This development follows the Federal Government’s recent tax enforcement actions

July 4, 2024

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Cryptocurrency - Page 2

Cryptocurrency Market Faces Downturn As Bitcoin, Ethereum Experience Losses

US Court Drops $258bn Lawsuit Against Elon Musk Over Alleged ‘Crypto Pyramid Scheme’

Australians Lose $122m To Crypto Scams In 1 Year

Crypto Millionaires Surge By 95% Amidst Rising Popularity Of Exchange-Traded Funds

United States Seizes $5m In Tether From Pig Butchering Scams, FBI Warns Of Rising Cybercrime

Bitcoin Reacts To U.S. Inflation Data: What’s Next For The Cryptocurrency?

Tether’s Market Capitalisation Reaches $115 Billion, Solidifying Dominance In Crypto Industry

Cryptocurrency: Ethereum ETFs Set To Launch On July 23 with US SEC’s Preliminary Approval

Minister Urges SEC To Tighten Cryptocurrency Oversight, Ensure Market Integrity

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transactions In Nigeria

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