news

Former SEC Official Warns Spot Bitcoin ETFs Will Create ‘Wall Street Fee-Sucking Scam of Epic Proportions’

Spot Bitcoin ETF Warnings by Former SEC Official Former U.S. Securities and Exchange Commission (SEC) official John Reed Stark has issued a strong warning about spot bitcoin exchange-traded funds (ETFs). In a post on social media platform X, Stark, who is currently the president of cybersecurity firm John Reed Stark Consulting, expressed his skepticism and […]

Former SEC Official Warns Spot Bitcoin ETFs Will Create ‘Wall Street Fee-Sucking Scam of Epic Proportions’ Read More »

Real Estate Investors Are Embracing Bitcoin as a Lucrative Investment Option, Reports Swiss Exchange

The Changing Landscape of Real Estate Investments A Swiss Bitcoin exchange, Relai, recently revealed that an astonishing 75% of its Over-The-Counter (OTC) revenue in the final quarter of 2023 came from private clients who redirected their proceeds from real estate sales into Bitcoin. This significant shift in investment strategies among investors highlights the growing appeal

Real Estate Investors Are Embracing Bitcoin as a Lucrative Investment Option, Reports Swiss Exchange Read More »

Renowned Economist Harry Dent Predicts Major Financial Crash in 2024

Introduction Renowned economist Harry Dent has recently issued a dire prediction for the global economy, stating that 2024 will be the year of the most significant financial crash in living memory. Dent's analysis, which takes into account overvalued markets, excessive stimulus spending, and artificial inflation of asset prices, paints a grim picture of the near

Renowned Economist Harry Dent Predicts Major Financial Crash in 2024 Read More »

The Importance of Geographic Location in Bitcoin Mining

Introduction With the upcoming halvening event in Bitcoin mining, operators are facing a critical challenge. The key to weathering this battle lies in optimizing operations and reducing energy costs. In this article, we will explore the significance of geographic location in determining the profitability of mining operations. The Role of Energy Cost While factors like

The Importance of Geographic Location in Bitcoin Mining Read More »

New York Department of Financial Services Issues New Virtual Currency Guidance

The New York Department of Financial Services (NYDFS) recently released updated regulations for virtual currency (coin) listings and delistings. These regulations apply to Bitlicensees and limited-purpose trust companies and introduce new requirements for virtual currency entities (VCEs), including advance notification, updated risk assessment expectations, and business model considerations. VCE Coin-Listing Policies According to the latest

New York Department of Financial Services Issues New Virtual Currency Guidance Read More »

Alchemy Pay Partners with Worldpay to Enhance Fiat-Crypto Payment Experience

Alchemy Pay and Worldpay Collaborate to Improve Payment Services Crypto payment provider Alchemy Pay has recently announced a strategic partnership with payment processor Worldpay. This collaboration aims to enhance the fiat-crypto payment experience for Alchemy Pay users by granting them access to Worldpay's Visa and Mastercard payment rails through Alchemy's on and off-ramp service. With

Alchemy Pay Partners with Worldpay to Enhance Fiat-Crypto Payment Experience Read More »

Report: Nigerian Currency Hits Record Low Against US Dollar

Official Exchange Rate Matches Unofficial Market Rate The Nigerian currency, the naira, recently reached a new low against the US dollar, with an official exchange rate of 1,248 naira for every greenback. This rate closely matches the rates offered on the unofficial foreign exchange market, where the naira has been steadily depreciating. Abandoning the Fixed

Report: Nigerian Currency Hits Record Low Against US Dollar Read More »

Bitcoin Technical Analysis: BTC Price Reflects Market Equilibrium and Consolidation

Bitcoin's Current Price and Market Volatility Bitcoin is currently priced at $43,638, with a 24-hour trading range of $43,412 to $44,243. This reflects short-term volatility in the market. While the cryptocurrency has experienced a 1.1% decrease in the past day, it has seen a 2% increase over the week and an impressive 19.6% rise over

Bitcoin Technical Analysis: BTC Price Reflects Market Equilibrium and Consolidation Read More »

Coinbase Expands European Footprint With Approval to Operate in France

Coinbase Registered in France Crypto exchange Coinbase has received approval as a registered virtual asset service provider in France. This registration allows Coinbase to operate in France, continuing our plans to grow across Europe," the crypto platform detailed. "France is an important market for Coinbase … We are dedicated to partnering with high-bar regulators across

Coinbase Expands European Footprint With Approval to Operate in France Read More »