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Tag: Cryptocurrency

Crypto betting platform Polymarket hits $1bn in trading volume
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Bitcoin crashes to $77K as global market bleed from Trump tariffs

Bitcoin plunged to a near one-month low in early Monday trading, extending a week-long decline as global markets reeled from escalating economic tensions triggered by new trade tariffs imposed by U.S. President Donald Trump. The move, widely criticized as a spark for a global trade war, has deeply shaken investor confidence and slashed appetite for […]

Crypto Market sheds $130bn amid Trump tariff
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Crypto Market sheds $130bn amid Trump tariff

The global cryptocurrency market experienced a sharp downturn last week, losing over $130 billion in market capitalization as investors reacted to the imminent implementation of President Donald Trump’s new tariffs. Dubbed “Liberation Day,” the tariffs—set to take effect this week—will target a broad range of imported goods, intensifying market volatility and investor uncertainty. As of […]

Investment company BlackRock launches Bitcoin ETF in Europe
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Investment company BlackRock launches Bitcoin ETF in Europe

BlackRock has introduced its first Bitcoin exchange-traded product in Europe, aiming to capitalize on the growing demand for cryptocurrency investments in new markets. This move follows the asset manager’s success in the United States, where it has attracted over $50 billion into similar products. The world’s largest asset manager has launched the ‘iShares Bitcoin ETP,’ […]

Sam Altman’s World Network in talks with Visa for stablecoin payments
Tech

Sam Altman’s World Network in talks with Visa for stablecoin payments

Sam Altman’s cryptocurrency project, World Network, is in discussions with Visa to introduce a stablecoin payments wallet, according to a report by CoinDesk on Monday, citing a source familiar with the plans. The potential deal would enable Visa card functionality within World Network wallets, allowing users to make stablecoin-based payments to merchants within Visa’s vast […]

Bitcoin rises to $87,480 as crypto market gains momentum
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Bitcoin rises to $87,480 as crypto market gains momentum

Bitcoin and other major cryptocurrencies saw significant gains in early Monday trading, with Bitcoin rising 3.71% to reach approximately $87,480. Ethereum also experienced a strong rally, climbing 4.05% to trade at $2,093. The total cryptocurrency market capitalization increased by 2.94% over the past 24 hours, reaching $2.84 trillion, reflecting strong investor confidence despite concerns over […]

Aviation News

Crypto firm founder pleads guilty to market manipulation in US

The founder and CEO of cryptocurrency market-making firm Gotbit, Aleksei Andriunin pleaded guilty on Friday to U.S. charges of market manipulation and wire fraud. Prosecutors accused Andriunin of orchestrating a scheme to artificially inflate trading volumes for digital tokens on behalf of client companies. The Russian national and his company entered their guilty pleas in […]

Bitcoin rises to $87,480 as crypto market gains momentum
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Crypto market faces sharp decline amid Mt. Gox bitcoin transfers

The cryptocurrency market witnessed a downturn on Tuesday, with its total market capitalization plummeting to $2.44 trillion—the lowest level since early November. Leading digital assets, including Bitcoin and Ethereum, experienced sharp declines, raising concerns about the stability of the current bullish cycle. Bitcoin fell below $77,000 for the first time since November 2024, while Ethereum […]

Crypto market hits $3.5trn, altcoins shine in bull run
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Crypto market hits $3.5trn, altcoins shine in bull run

The total cryptocurrency market capitalization has surpassed $3.5 trillion, with several altcoins showing strong performance amid a bullish rally. Currently valued at $3.51 trillion, the market has gained approximately $358 billion in valuation. Notably, Dogecoin and Cardano emerged as top performers this week, both recording significant growth as the broader market surged past the $3.5 […]

Crypto influencer Kevin Mirshahi found dead months after abduction
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Crypto influencer Kevin Mirshahi found dead months after abduction

The body of Kevin Mirshahi, a well-known Canadian crypto influencer, was found in a Montreal park on October 30, months after he was abducted in June. A passerby found his decomposing body at Île-de-la-Visitation Park, and an autopsy report released on Wednesday confirmed his identity. Mirshahi, who was abducted on June 21 alongside three others […]

Crypto Market sheds $130bn amid Trump tariff
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ICYMI: Nigeria’s cryptocurrency transactions hit $59bn

Nigeria has established itself as a global leader in cryptocurrency adoption, trading approximately $59 billion as it rank second overall in the Chainalysis Global Adoption Index. Between July 2023 and June 2024, the country traded about $59 billion in cryptocurrency. Notably, about 85% of transfers received in Nigeria are for amounts less than $1 million, […]

Crypto

Global cryptocurrency ownership surges to 562 million

Global adoption of cryptocurrencies has risen to 562 million, marking a 34% increase from 2023. The significant growth shows the growing reach of digital assets which are now owned by about 6.8% of the world population., according to Nairametrics. Triple A’s report revealed that there are now 562 million cryptocurrency owners worldwide, providing a detailed […]

BlackRock's Bitcoin ETF surpasses Grayscale, becomes world’s largest
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BlackRock’s Bitcoin ETF surpasses Grayscale, becomes world’s largest

BlackRock’s spot Bitcoin Exchange Traded Fund, known as the iShares Bitcoin Trust, has overtaken Grayscale’s Bitcoin Trust to become the world’s largest Bitcoin ETF. The United States Securities and Exchange Commission approved spot Bitcoin ETFs in early January, allowing both BlackRock and Grayscale to launch their products simultaneously. According to Bitcoin Magazine, as of yesterday, […]

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