Cryptocurrency Marketcap Surges Past $2 Trillion
On April 6, the marketcap for entire cryptocurrency space reached an all-time high of $2 Trillion. During this surge Ripple’s XRP also surged by over 60% allowing its price to head over the $1 USD mark. This cryptocurrency marketcap is the
Fidelity Seeks SEC Approval For Bitcoin ETF
Fidelity Investments wants to roll out its Bitcoin exchange-traded fund (ETF) to expand its operational capacity within the virtual currency industry. According to the announcement, the fund will be called Wise Origin Bitcoin Trust. But it will be launched only
Nigerian Central Bank Clarifies Earlier Cryptocurrency Ban
The Central Bank of Nigeria (CBN) has revealed the bank didn’t prevent users from buying and selling cryptocurrencies in the country. The bank said its earlier resolve about cryptocurrency transactions in the country didn’t affect individuals trading the digital assets. It said
Texas Issues Cease-Desist Orders To Three Crypto Platforms
The Texas State Securities Board (TSSB) has clamped down on three unregistered investment and cryptocurrency platforms with cease and desist orders. The orders were issued to FxSmart-Robots, Digitaly Invest and Delta Crypt Limited. According to the order, they are to cease
Coinbase Now $100 Billion Company Approaching Pubic Listing
Coinbase - Buy Bitcoin in U.S. Coinbase Global Inc., the largest cryptocurrency exchange in the U.S. is now valued at a whopping $100 Billion. The exchange is preparing to go public and it plans to list its shares on Nasdaq. But
21Shares Records $1 Billion AUM
21-Shares, a Switzerland-based top crypto ETF has announced a major milestone in its assets under management (AUM) accumulation. According to the firm, it has finally crossed the $1 Billion level when it comes to the value of its assets under
SBF Says Crypto Made Him $10 Billion Richer In 3 Years
Sam Bankman-Fried (SBF), Chief Executive Officer of FTX exchange, stated that his journey into the cryptocurrency industry has made him a lot of money, increasing his worth by $10 Billion within 3 years. SBF, who is also the founder of Alameda
Cuban Says Bitcoin Sure To Win Against Conventional Stocks
Billionaire investor Mark Cuban has joined the growing list of prominent investors that see Bitcoin as a viable investment opportunity. The owner of the National Basketball Association’s Dallas Mavericks recently started associating himself with the top cryptocurrency and has drawn massive
Groups Received Bitcoin Before Capitol Riot
It seems like cryptocurrency finds its way into the realm of U.S. politics again… and not in a positive light. Prior to the U.S. election we reported about a the co-founder of a large cryptocurrency exchange being a major donor
SEC’s Whistleblower Program Awards $1.1 Million
The US Securities and Exchange Commission (SEC) has spent an additional $1.1 million to award 5 Whistleblowers for providing vital information leading to an investigation. Based on a press release, the awardees provided important information for the SEC, leading to multiple