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Bitcoin Soars by 13% in Early Morning Trading On October 24, 2023, bitcoin (BTC) experienced a significant surge of 13% during the early morning trading hours, Eastern Time (ET). This rapid rise propelled bitcoin's value to $35,108 per unit, causing the entire cryptocurrency market to increase by over 10%. Traders who had bet against cryptocurrencies […]

Introduction Despite ongoing regulatory uncertainty, North America continues to be the leading region in terms of cryptocurrency usage, according to blockchain forensics firm Chainalysis. While stablecoin-related activity has been decreasing, the region's share in decentralized finance (defi) usage has also declined. In this article, we will explore the findings of Chainalysis' 2023 Geography of Cryptocurrency

Sam Bankman-Fried Gears Up to Assert Innocence in High-Stakes Trial Former FTX chief, Sam Bankman-Fried, is preparing to take the witness stand and testify in his ongoing trial. In recent weeks, several witnesses have spoken against him, but Bankman-Fried is determined to plead his case directly to the jury. Bankman-Fried has already shared his side

Worldcoin Updates Token Supply and Loan Agreements Worldcoin, a project that utilizes iris biometrics to establish a unique human identity database, announced on Sunday that it is making changes to the distribution of its circulating WLD token supply and its market maker loan agreements. Since its launch in July, the project has decided to decrease

Introduction Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, is excited to announce a strategic partnership with Hummingbot to launch an innovative campaign. The campaign aims to enhance liquidity and trading volumes for the VERSE/USDT trading pair on KuCoin, a popular cryptocurrency exchange. About the Campaign The campaign is structured around Hummingbot's Liquidity Miner

Peter Schiff, a distinguished economist and avid supporter of gold, has shared his strong opinions about the role and relevance of Bitcoin in the current economic scenario. Schiff's comments suggest a strong disapproval of Bitcoin, calling it futile and drawing parallels between its supporters and a cult, bent on persuading others to invest in Bitcoin

A potential direct conflict between Iran and Israel presents a significant threat to the global economy, warn Bloomberg economists. They suggest that such a war could potentially lead to a worldwide recession due to skyrocketing oil prices and a significant downturn in risk assets. They underline that the broader the conflict gets, the greater its

The U.S. Securities and Exchange Commission (SEC), a prominent regulatory body, recently unveiled its meticulous examination priorities for 2024. The focus this year will be on the fast-paced crypto domain, with the aim to monitor and conduct comprehensive examinations. SEC's Stance on Crypto Monitoring The SEC publicized its intentions to emphasize crypto monitoring and examinations

The meme coin market, once a booming sector, has seen a notable decrease of over $3 billion since the start of 2023. The two main culprits of this fall are none other than Dogecoin (DOGE), the market leader of meme coins, and Shiba Inu (SHIB), both witnessing a significant drop in their market capitalization. Dogecoin

The Central Bank of Nigeria (CBN) made a declaration on Oct. 12, lifting the foreign exchange constraints initially placed on the importation of 43 items. This move comes as a part of the bank's broader objective of unifying the local currency's multiple exchange rates and controlling inflation. Background: The Foreign Exchange Restrictions The foreign exchange