logo

News related to
currency

Bitcoin, the leading cryptocurrency, shattered records this week, reaching a new all-time high above $72,000. This phenomenal surge extends an impressive rally that has seen Bitcoin’s value more than double in 2024. Several factors are contributing to Bitcoin’s ascent. Institutional investors are increasingly embracing Bitcoin, viewing it as a legitimate asset class. This newfound acceptance from major financial institutions has boosted confidence in the cryptocurrency. Retail investors […]

The London Stock Exchange (LSE) announced a significant move towards cryptocurrencies, signaling a potential gateway for institutional investors. Starting from Q2 2024, the exchange will begin accepting listing applications for exchange-traded notes (ETNs) based on Bitcoin and Ethereum, two of the world’s leading digital assets. This decision caters to the growing demand from institutional investors seeking exposure to the crypto market without the complexities of directly acquiring […]

South Korea’s K Bank, a leading internet-only bank, is reportedly exploring an initial public offering (IPO) following a period of significant growth fueled by its embrace of cryptocurrency operations. This potential move comes against the backdrop of a surging Bitcoin price and a rapidly expanding customer base that now exceeds 10 million. K Bank’s foray into the crypto space has been a key driver of its recent […]

BingX, a leading cryptocurrency research platform, has published its highly anticipated report on Token Investment Outlook for March 2024. SINGAPORE – Media OutReach Newswire – 11 March 2024 – BingX, a leading cryptocurrency research platform, has published its highly anticipated report on Token Investment Outlook for March 2024. The report provides valuable insights into the current trends and investment opportunities in the cryptocurrency market. Bitcoin, the flagship […]

Investors are keeping a close eye on Bitcoin as Santiment, a blockchain intelligence firm, reveals a shrinking supply of the cryptocurrency on exchanges. This trend suggests a potential decrease in overall availability, which could influence Bitcoin’s price in the near future. The concept hinges on basic principles of economics: supply and demand. When a readily available good or service becomes scarcer, its value tends to rise as […]

Larry Fink, CEO of BlackRock, the world’s largest asset manager, has caused a stir in the financial world by publicly endorsing Bitcoin. In a recent interview, Fink referred to the cryptocurrency as “digital gold,” highlighting its potential as a long-term store of value. This shift in stance from a previously skeptical BlackRock reflects a growing institutional interest in the digital asset class. Fink’s comments come amidst concerns […]

In a decision with potentially significant ramifications for the cryptocurrency industry, a court has authorized investors to proceed with a class-action lawsuit against Binance, the world’s largest cryptocurrency exchange. The lawsuit, filed in 2021, accuses Binance of misleading investors about its regulatory compliance and security measures. The plaintiffs allege that Binance misrepresented itself as a fully licensed exchange operating within legal frameworks. They claim this enticed them […]

Advertisements

HONG KONG SAR – Media OutReach Newswire – 8 March 2024 – Representing another significant participant in the Hong Kong’s virtual asset sphere, fintech company AnchorX has announced its official establishment and plan for exploration of Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. AnchorX envisions becoming the most trusted provider of digital currency solutions in Asia, empowering reliable and efficient global exchanges. Industry leaders from both traditional finance […]

TunedCoin Announces Major Organizational Changes and White Paper Release Los Angeles, CA – March 8, 2024 — In a significant move that underscores its commitment to innovation and the future of music through blockchain, TunedCoin is excited to announce its transition from being a project under Tunedly to now being managed by the non-profit organization, Music Blockchain Research Foundation. This strategic shift marks a new chapter in […]

The Federal Bureau of Investigation (FBI) has revealed a significant rise in cryptocurrency investment fraud in 2023. According to their report, victims lost a staggering $3.94 billion to such scams, representing a 53% increase compared to the previous year. This surge comes amidst a broader decline in the cryptocurrency market, highlighting the evolving tactics of cybercriminals who continue to exploit investor interest in digital assets. While the […]

Do Kwon, the co-founder of Terraform Labs, remains at the center of an international extradition battle. Despite a recent Montenegrin court ruling favoring South Korea’s request, US prosecutors are reportedly pushing forward with their own efforts to bring Kwon back to the United States. Kwon’s troubles stem from the spectacular collapse of TerraUSD (UST), a cryptocurrency designed to maintain a stable value of $1. However, in May […]

James M Dorsey The Gaza war has turned Palestine into a lightning rod for mounting frustration and discontent in Arab autocracies such as Egypt, Jordan, Tunisia, Algeria, and Morocco. Concerned that the war could mobilise segments of civil society, Saudi Arabia and the United Arab Emirates where any form of public protest is banned, have cracked down on expressions of solidarity with Gaza, including the sporting of […]

Retail investors are returning to the cryptocurrency market, signaling a potential thaw after a chilly period in late 2023. Data suggests a significant rise in user engagement. Compared to traffic levels between August and October last year, cryptocurrency exchange websites have seen a surge of 45% in visitors. Market data platforms like CoinMarketCap and CoinGecko, which provide users with information on cryptocurrency prices and trends, have witnessed […]

Bitcoin miners are reaping the rewards of the cryptocurrency’s recent surge in value. Data shows that daily revenue for miners hit a near-record high of $75.9 million on March 6th, trailing only the all-time high of $77.3 million reached on April 14th, 2021. This windfall comes on the heels of Bitcoin reaching a new peak of $69,200 just before the mining revenue spike. The close correlation between […]

Do Kwon, the co-founder of Terraform Labs, whose cryptocurrency project TerraUSD (UST) experienced a dramatic collapse in 2022, may soon face legal proceedings in South Korea. This comes after a Montenegrin court recently ruled in favor of his extradition, though the final decision rests with the country’s Minister of Justice. South Korean authorities issued an arrest warrant for Kwon in May 2023, accusing him of fraud and […]

As retirement approaches, many people diligently save for retirement, stashing away funds in traditional savings accounts or low-risk options. While saving is undeniably crucial, it always has been and always will be imperative to not just save, but invest wisely also in order to ensure a robust and sustainable retirement fund. Inflation erodes the power of savings One of the primary reasons to embrace investment over merely […]

Nigeria’s Securities and Exchange Commission (SEC) has announced an update to its guidelines for cryptocurrency service providers, aiming to curb criminal activity within the country’s digital asset market. This move follows a recent government action blocking access to several prominent cryptocurrency platforms, including Binance, Coinbase, and Kraken. The updated SEC guidance focuses on preventing “criminals” from registering as operators within the capital market, according to a report […]

Tether, the issuer of the world’s leading stablecoin USDT, has signed a Memorandum of Understanding (MOU) with Uzbekistan’s National Agency of Perspective Projects (NAPP). This collaboration signifies a significant step towards fostering crypto asset adoption and establishing a robust regulatory framework within the Central Asian nation. The MOU outlines a collaborative effort to explore and promote the development and adoption of various blockchain technologies in Uzbekistan. These […]

The price of Bitcoin in South Korea has spiked, reaching a two-year high in what analysts are calling a resurgence of interest from local investors. This surge is reflected in the so-called “Kimchi Premium,” the difference between the price of Bitcoin on South Korean exchanges and its global average. On Wednesday, the Kimchi Premium reached 10.32%, the highest level since March 2022, according to data from cryptocurrency […]

Dubai, UAE, March 6, 2024 – Bybit Web3, the cryptocurrency exchange’s arm dedicated to the decentralized web, announced a landmark collaboration with Solana, one of the fastest-growing blockchain ecosystems. This partnership will culminate in an exclusive livestream roundtable titled “Revolutionizing the Blockchain: Bybit and Solana Ecosystem’s Visionary Web3 Roundtable.” Scheduled for March 13, 2024, the online event promises an in-depth exploration of the innovations, growth, and future […]

Leading cryptocurrency derivatives exchange BloFin has cemented its position as a major player in the industry by securing a platinum sponsorship for the upcoming TOKEN2049 Dubai event. This sponsorship deal signifies BloFin’s commitment to fostering collaboration and growth within the global crypto ecosystem. TOKEN2049, scheduled to take place in Dubai later this year, is one of the premier gatherings for crypto industry professionals. The event brings together […]

BloFin, a rising cryptocurrency derivatives exchange, announced today that it has secured regulatory approval from the Platinu Authority, a well-respected financial oversight body known for its stringent standards. This development marks a significant milestone for BloFin, potentially positioning it as a major player in the burgeoning crypto derivatives market. The Platinu Authority’s approval signifies BloFin’s adherence to rigorous regulatory requirements, including robust security protocols, transparent trading practices, […]

Many cryptos are themselves valuable assets, bringing their owners additional income by simply growing in price over time. However, an even more effective way to build wealth is by putting crypto into practice, and that’s not trading we are talking about. The crypto expansion is significantly driven by the increased inflation experienced by fiat currencies, resulting in low interest rates globally. Countries with healthy economies target a […]

By Antonio Ernesto Di Giacomo The cryptocurrency market has witnessed a spectacular surge in the price of Bitcoin (BTC), surpassing the $67,000 mark, igniting contagious enthusiasm among investors. This phenomenon has also propelled altcoins, among which Dogecoin has stood out, showing notable performance since the beginning of 2024. Since the start of the year, Dogecoin has experienced impressive growth, surpassing a 150% increase in value. This ascent […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Motorola introduces Signature 27 flagship priced at $1,599 // X’mas bumper lottery prize money raised to ₹25 crore // Ningbo Consensus on Collaborative Development released at 2026 Global Mayors Dialogue · Ningbo // Excise chief shunted out in bar licence dispute // X’mas bumper lottery prize money raised to ₹25 crore // Bail refused to Kochi sex assault accused // Greens back Sreedharan plan // Dubai details five-year visa benefits for returning visitors // ADIA subsidiary seeks $7.5 billion private investment financing // Vijayan accuses CM of being evasive // CM disputes Vijayan’s claims // Employees Up In Arms Against Sale Of IDBI To Canadian Company Fairfax // Dubai Future District Fund and Buimerc formalise cooperation // Elephant calf on death line airlifted for treatment in Gujarat // Wall Street’s AI Reckoning Offers India A New Opening // Greens back Sreedharan plan // Battle Uttar Pradesh Will Be Tougher For Yogi Than Expected // Microfinance case trouble for Vellappally // Greens back Sreedharan plan // Democrats Gearing Up For 2028 Presidential Elections To Gain Full Power //