Cryptocurrencies

Scarcity of Dollars, Not Cryptocurrency, Behind BDC Shutdown in Nigeria

Recent reports from local sources in Nigeria suggest that the closure of Bureau De Change (BDC) operations in Abuja is not linked to the rise of cryptocurrency. Instead, analysts argue that the shutdown is...

Charges filed against school district staff for unauthorized cryptocurrency mining

The United States Department of Justice (DOJ) has filed charges against two staff members of the Patterson Joint Unified School District in California for allegedly mining cryptocurrency in the school district's facilities, a move...

Investor Caution: Allegations Against Brian Sewell & False Promises of Crypto Hedge Fund

The United States Securities and Exchange Commission (SEC) has recently accused Brian Sewell, a self-proclaimed crypto teacher, of scamming his students out of a $1.2 million investment in a fake hedge fund. Sewell allegedly...

Bitcoin ETFs Surpass Grayscale’s GBTC in Daily Trading Volume: Implications and Analysis

In the world of cryptocurrency, there has been a significant development. The daily trading volume of BlackRock and ProShares Bitcoin exchange-traded funds (ETFs) has surpassed that of Grayscale's GBTC. This news highlights the increasing...

Bitcoin’s Potential Rally: Analysis of February’s Market Performance Raises Expectations for a Bullish Bitcoin Price Rally

Bitcoin and altcoins have been the talk of the town in the crypto market. A recent analysis of the market's performance in February suggests that Bitcoin's historical performance during this month favors bullish market...

Bitcoin Price Drops 1.3% in Response to US Payrolls, Highlighting Market Volatility

Bitcoin price experienced a sudden drop of 1.3% within an hour as US payrolls exceeded expectations. This decline occurred due to the reaction of the cryptocurrency market to data supporting the Federal Reserve's ability...

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