The past week has been filled with excitement in the cryptocurrency market, with Bitcoin making significant waves. Despite not being the top performer, Bitcoin managed to surge by a whopping 11% in the past seven days. The price of Bitcoin has been on a mostly upward trajectory since July 14th, reaching new highs along the
Semilore Faleti is a notable figure in the field of cryptocurrency journalism, well-versed in the complexities of blockchain technology and digital assets. With a passion for educating and informing his audience, Semilore’s work extends beyond just reporting the latest news in the crypto space. Let’s delve into his unique perspective and advocacy. Semilore Faleti’s journey
Semilore Faleti is a well-known cryptocurrency writer who has made a name for himself in the field of journalism and content creation. With a specialization in blockchain technology and digital assets, Semilore has managed to carve out a niche for himself in the ever-evolving world of cryptocurrencies. Despite starting his writing career covering various subjects,
Recently, the Hong Kong police arrested three individuals suspected of defrauding a businessman out of HK$3.11 million in crypto assets. The trio allegedly offered him three bundles of counterfeit HK$1,000 banknotes in exchange for the digital currency. During a raid on the Mong Kok office where the fraudulent transaction took place, officers confiscated 10,978 fake
State Street Corp., a well-established financial institution based in Boston, is delving into the realm of digital assets by considering the launch of its own stablecoin and exploring tokenized deposits. This move is aimed at enhancing payment settlement processes through the utilization of blockchain technology. Recent reports indicate that State Street has been actively immersing
Bitcoin’s price has shown impressive growth over the past seven days, reaching levels between $61,000 and $67,000. This surge comes despite the fear, uncertainty, and doubt surrounding Mt. Gox’s customer repayment. QCP Capital, a well-known trading data company, believes that this recent positive momentum could be just the beginning of a larger price rally. Analysts
In a strategic move towards global expansion, Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This marks a significant milestone for the platform, signaling its commitment to serving clients in key markets beyond the US.
In the past week, the price of Bitcoin has shown signs of recovery, reaching as high as $67,000 after dipping to around $64,000. This uptick in price has led some analysts to believe that the leading cryptocurrency may have hit a bottom. On-chain metrics analyzed by CryptoQuant suggest that there is positive momentum in the
The recent statements made by crypto analyst Scott Melker, predicting a surge in Bitcoin’s price to reach $100,000, have been met with a mix of enthusiasm and skepticism within the crypto community. While Melker’s optimistic outlook on Bitcoin’s future is certainly compelling, it is important to analyze the validity of his claims and the factors
The Chicago Board Options Exchange (CBOE) has officially announced the launch date for Spot Ethereum ETFs, setting the stage for five Spot ETH ETFs to make their debut in the cryptocurrency market. The confirmation came through a new issue notification on the CBOE’s website on July 19, indicating that the trading of Spot ETH ETFs