Nigerian police arrest crypto star in fraud crackdown
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria.
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Bitcoin eyes $21.4K zone as analyst predicts BTC price will chase gold
Bitcoin (BTC) rose toward new multi-month highs on Jan. 20 as analysis predicted a new trading range above $18,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price range "well defined"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD testing but preserving support at $21,000.The pair edged higher at the Wall Street open, in line with United…
Bitcoin Is Half-Priced ‘Hurricane Insurance,’ Says Crypto Fund Manager
Travis Kling, the chief investment officer of crypto investment firm Ikigai Asset Management, has described Bitcoin (BTC) as insurance against both hurricanes and U.S. fiscal policy.On March 20, Kling tweeted that an oncoming hurricane that will soon hit the U.S. economy and “do a lot of damage.” However, all is not lost, with Kling advising…
Big Tech sell-off and rising Treasury yield pin Bitcoin price below $50K
Bitcoin (BTC) continues to struggle below $50,000 on March 5 as a spike in the 10-year Treasury yield to 1.62%, its highest level in over a year, has taken a toll on global financial markets and hit risk-assets especially hard. At the time of writing the S&P 500 and Dow are up 0.46% and 0.64% but…
Russian Smelting Giant Nornickel to Launch Digital Trading Platform by End of 2019
Russian mining and smelting giant Nornickel is planning to roll out a digital platform for metals trading by the end of 2019, local news outlet TASS reported on July 9.The vice-president of Nornickel, Andrey Bugrov told TASS that “the preparation process was quite lengthy, but nevertheless, we plan to bring this product [digitization of metal…
Three veteran CoinMarketCap executives leave the company
After over two years, CMC’s chief strategy officer Carylyne Chan is leaving the site. 2480 Total views 11 Total shares CoinMarketCap’s chief strategy officer and acting CEO Carylyne Chan is leaving the well-known crypto market data site — together with two of her colleagues, Jeremy Seow and Spencer Yang. Chan, who has worked at CMC since…
South Korea Finalizes Cryptocurrency Income Tax of 20%
The South Korean government has announced a 20% tax rate for income generated from cryptocurrency trading.Following a Tax Development Review Committee meeting on July 22, the Ministry of Economy and Finance published its revised tax code detailing the new rules. In a section headed, “Taxation on Virtual Asset Transaction Income,” the ministry introduced the new rules…
Bitcoin price consolidation ‘could be over,’ says trader as Ethereum, Polkadot hit all-time highs
A sea of green among altcoins comes as BTC/USD preserves its own gains, which have taken it past $63,000. 949 Total views 18 Total shares Bitcoin (BTC) is in line for a continuation of its bull run, fresh analysis says, as BTC/USD retains its 2.2% daily gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$62,500 eyed for…
Tether expands USDT to Aptos blockchain for lower fees
Tether's USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees.