The recent fluctuations in the cryptocurrency market have been jaw-dropping, and it’s as if each day provides a new chapter to a gripping financial thriller. Bitcoin has tantalizingly approached the $80,000 mark after clinging to a volatile ride between lavish highs and alarming lows. One moment, it flared up to $88,500, supposedly fueled by whispers
admin
The recent adjournment of a tax evasion case against Binance paints a troubling picture for cryptocurrency businesses operating without proper regulations in Nigeria. A Nigerian court has pushed the case to April 30, allowing the Federal Inland Revenue Service (FIRS) to prepare its response to Binance’s legal maneuverings. At stake is a staggering $2 billion
Bitcoin, the cryptocurrency that once felt like a mere experiment, has made significant strides since its creation. Recently, it achieved a remarkable milestone by reaching an unthinkable 1 Zetahash per second (ZH/s) in hashrate, as reported between April 4-5, 2023. This achievement isn’t just a number; it reveals the underlying tide of progress and ambition
The event set to unfold in Makati on April 26, 2025, known as the Crypto Vision Conference 2025 (CVCPH2025), promises not just to be another gathering of blockchain enthusiasts but a seismic shift in the Philippine financial landscape. Gathered under one roof will be policymakers, industry leaders, and innovative minds from the fields of fintech
In a remarkable development for the cryptocurrency landscape, Hong Kong’s Securities and Futures Commission (SFC) has laid down new regulatory guidelines permitting Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services. This move is significant not only because it reflects a progressive attitude towards cryptocurrency, but also because it demonstrates a
The crypto market has been notorious for its wild swings. However, the recent dramatic downturn of Ethereum marks a particularly alarming phase in its tumultuous journey. Once thought to be an indomitable force in decentralized finance, Ethereum is now scraping the bottom of the barrel, having lost significant ground with a staggering drop of over
In a shocking turn of events, the cryptocurrency market has experienced a catastrophic plunge, with 10% evaporating in under a single day. The staggering loss of over $240 billion raises serious questions about the market’s stability and long-term viability. Such rapid sell-offs evoke memories of the wild market fluctuations of 2020, leading many to speculate
Recent developments in the economic landscape have sent shockwaves through cryptocurrency markets, particularly Bitcoin (BTC). With growing apprehension surrounding Trump’s controversial tariffs, panic selling has consumed investors, leading to a staggering $300 billion loss within just 24 hours. The cryptocurrency market capitalization has now plummeted to an alarming low of under $2.5 trillion, raising significant
Once heralded as the crown jewel of decentralized technology, Ethereum has recently devolved into a cautionary tale of mismanaged expectations and investor despair. With its market cap trailing significantly behind Bitcoin, Ethereum’s fall from grace has laid bare the vulnerabilities within the cryptocurrency even as macroeconomic conditions worsen. At a time when cryptocurrencies were expected
In the wake of President Donald Trump’s drastic announcement of retaliatory tariffs on April 2nd, dubbed laconically as “Liberation Day,” the world financial landscape stands on a precipice. Fundamental to our economic stability is trade—the lifeblood that fuels global interdependence. Yet Trump’s seemingly uncalculated approach, which slaps a blanket 10% tariff on virtually all imports,