As cryptocurrency prices bounce on Thursday in wake of the bulls putting up a strong defense of the $60,000 Bitcoin (BTC) and $3,000 Ether (ETH) levels a day earlier, investors are hunting for smaller, lesser-known altcoins that could be the best crypto to buy now to deliver quick gains. The world’s two largest cryptocurrencies Bitcoin…
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Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB. Binance Executes Dual Crypto Moves on Thursday: What’s Behind the…
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HashKey, Kraken Ventures, Tribe Capital-backed Nibiru Chain is launching a $15 million grant program to support developers with a focus on the Asian market. According to a press release shared with CryptoNews, “Nibiru Builder Grants” initiative is part of a strategic effort to enhance its blockchain platform’s capabilities. Nibiru Chain is a smart contract platform…
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The Arkansas State House recently passed two bills to potentially restrict cryptocurrency mining activities within the state. However, six other proposals failed to garner enough votes for advancement. While these bills have not yet become law, they signify the initiation of discussions that may lead to further legislative action. Arkansas Senate Addresses Concerns Over Cryptocurrency…
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Tether, the operator behind USDT, the world’s largest stablecoin by market value, has announced a significant restructuring to expand its scope beyond stablecoin development. This strategic move by Tether includes the introduction of four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu. Tether Announces Major Restructuring, Introducing Four New Business Divisions Introducing the…
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Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The investigation, which spanned from 2020 to 2023 and focused on data center operations, revealed that they deliberately exploited tax incentives for which they were ineligible. Patrik Lillqvist, head of the agency’s intelligence…
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Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday. The platform’s return would be contingent upon registration with the finance ministry’s Financial Intelligence Unit (FIU). The FIU is responsible for supervising virtual asset…
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An escaped South Korean criminal suspect reportedly stole almost $362,000 worth of cash in an armed robbery on an OTC crypto buyer. Per Law TV News, police say the suspect – aged in his 40s – “lured” a victim to Seoul’s affluent Gangnam District before stealing the money. Escaped South Korean Criminal ‘Had Help from…
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A Ukrainian lawmaker is set to stand trial after allegedly trying to bribe a government official with $10,000 worth of Bitcoin, anti-corruption officials said on April 16. The case centers around serving lawmaker Andriy Odarchenko. In a Telegram post from the National Anti-Corruption Bureau of Ukraine (NABU), the nation’s anti-corruption agency said it had sent…
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Bitcoin Price Prediction As Bitcoin trades at $61,577, down by approximately 2.50% with a $42 billion trading volume over the last 24 hours, market watchers are paying close attention. With a market cap of about $1.21 trillion, Bitcoin continues to lead on CoinMarketCap. This cryptocurrency, with 19,685,362 BTC in circulation nearing its max of 21…
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