Cryptocurrency
Meme-based cryptocurrency Dogecoin (DOGE) is having an impressive second quarter after the token surged by more than 700% within the past month. However, the token is now ahead of Bitcoin when it comes to historical return on investment. This means those who would be invested in Dogecoin from the onset would have gained more than […]
Catch the latest episode of the Around The Block with Jeff and Dave, live from BTC Manager, world headquarters. Hosted by Jefferson Nunn with special guest, Bobby Lee – former CEO of BTCC and current CEO of Ballet. In this episode, Jefferson and Bobby provides a deeper analysis of the current Bitcoin situation and what […]
A Turkish court has jailed suspects connected to the Thodex cryptocurrency exchange as its regulatory actions around bitcoin intensify. According to a recent report from Reuters, a Turkish court has jailed six suspects as part of its investigation into local cryptocurrency exchange Thodex. The group of suspects, who are reportedly being held pending trial, include […]
Coinbase has announced the acquisition of cryptocurrency market analytics firm skew, with hopes of adding features for institutional traders. Cryptocurrency exchange Coinbase has acquired skew, a U.K-based data analytics firm for cryptocurrency markets, allowing the exchange to provide real-time data analytics to the institutions and traders who leverage its platform Per a Coinbase announcement today, […]
Published by NJ.com At least one New Jersey law enforcement agency now has cryptocurrency in the bank. On Monday, the Monmouth County Prosecutor’s Office said it is the first law enforcement agency in New Jersey to complete the forfeiture and liquidation of cryptocurrency assets, which were seized during an illegal narcotics distribution bust out of […]
Several characteristics reinforce Bitcoin’s dominance and superiority over all other cryptocurrencies. In contrast to the thousands of different cryptocurrencies that have emerged since the 2017 Initial Coin Offering boom, Bitcoin remains the best choice for any investor looking to enter the space. Why is Bitcoin superior to all other cryptocurrencies? To find the answer, one […]
The price of the meme-based cryptocurrency is at an all-time high as it approaches $0.20. The price of Dogecoin has surged seemingly without any push from prominent figures on social media or major developments in the project. According to data from CoinMarketCap, the price of Dogecoin (DOGE) is more than $0.18 at time of publication, […]
Robinhood announced major growth in the number of customers making cryptocurrency trades — up to 9.5 million in the first quarter of 2021. Financial services company Robinhood has announced that in the first quarter of the year, the number of its customers who traded cryptocurrency spiked to an all-time high of 9.5 million, up from […]
On February 5, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited. The CBN further instructed all banks and other financial institutions to identify individuals or entities that transact in cryptocurrency or operate […]
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If you’ve been thinking about entering the world of cryptocurrency but don’t know much about it, you’ve come to the right place. Below is a beginner’s guide on what it is, how it works, the cryptocurrencies that have the largest market capitalization (total value), how to invest and more worthwhile information. Here’s everything you need […]
Korean banks are conflicted on whether to extend alliances with local cryptocurrency exchanges amid the strict financial regulations. Financial Information Act Implementation For the time being, three Korean commercial lenders – Shinhan, NongHyup, and K bank – have formed partnerships with major crypto exchanges. It will enable exchanges to handle transactions in a stable manner, […]
Cryptocurrencies are digital virtual currencies that can be transferred, stored and traded electronically. These currencies do not have legal tender status. Over the years, cryptocurrencies have been seen to facilitate illicit activities such as: Money Laundering: Criminals use the proceeds of their crime to open online accounts with cryptocurrency exchanges, which accept fiat currency from […]
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The U.S. Department of Justice (DoJ) on Wednesday indicted three North Korean national on charges of conspiring to steal nearly $1.3 billion in cash and cryptocurrencies from different financial institutions in the US. The three defendants in the case namely Jon Chang Hyok, Kim Il, and Park Jin Hyok are allegdley associated with the Reconnaissance […]
Daniel Pinto, co-president at JPMorgan and Chase Co in an interview to CNBC admitted that JPMorgan will have to be involved with Bitcoin as demand for cryptocurrency keeps rising among asset managers and investors. Bitcoin is becoming increasingly popular as an asset among major firms. Tesla and MicroStrategy are leading the way with Billion dollar […]
The Central Bank of Nigeria (CBN) has said that its decision to ban cryptocurrency was necessary to prevent crimes and mitigate risks Several Nigerians have condemned the move and believe the ban has some political undertone beyond those stated reasonings The Senate of Nigeria has summoned the CBN governor to explain the decision to ban […]
A blockchain is a digital ledger of transactions that is duplicated across a network of computer systems. Cryptocurrencies are digital payment systems that rely on blockchain technology to verify transactions. They can be used as a medium of exchange for goods services and do not require a central authority as governance is performed through a […]
If researchers are correct, cryptocurrency holders should hope that Elon Musk doesn’t get bored of Bitcoin anytime soon. The effect of celebrity tweets on the cryptocurrency market has become a topic of study for researchers after a week in which Elon Musk triggered sizable price surges for both Bitcoin (BTC) and Dogecoin (DOGE). Blockchain Research […]
The social network has approved two new apps that allow tipping in dogecoin and 13 other cryptocurrencies.