Between November 2023 and April 10, the number of active cryptocurrency users from the Middle East and North Africa using the Bitget platform grew by more than 1,400%. Bitget’s strong performance in the Middle East and North Africa is attributed to the region’s perceived high adoption rates and the generally friendly landscape for cryptocurrencies. Support […] Source: https://news.bitcoin.com/bitget-cites-high-adoption-rates-in-mena-following-1400-surge-in-regions-active-users/
Month: April 2024
Bitcoin Price Slips Below $64,000 as $209 Million in Crypto Longs Liquidated
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The price of Bitcoin slipped below $64,000 Thursday morning, with over $209 million in crypto long positions liquidated as the market slumped overnight. Per data from…
US SEC expected to deny spot Ether ETFs next month
Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, while Hong Kong will start trading such products next week. Source: https://cointelegraph.com/news/us-sec-deny-spot-ether-etfs-next-month
Yield App Angel Launchpad: Finding Promising ICOs Without the Risks
The crypto bull market is well underway, with activity in the VC and early-stage funding sector mounting over the last few weeks as the highly anticipated Bitcoin halving approached. And, as the post-halving phase begins, increasing numbers of new projects are expected to come to market in search of funding. Indeed, the beginning of this […] Source: https://news.bitcoin.com/yield-app-angel-launchpad-finding-promising-icos-without-the-risks/
Bitcoin ETFs See $120 Million Outflows, BlackRock’s IBIT Ends 71-Day Inflow Streak
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports U.S. spot Bitcoin ETFs saw net outflows of over $130 million yesterday, as inflows into BlackRock’s iShares Bitcoin Trust (IBIT) dried up after a 71-day streak.…
BNB Chain will enable native liquid staking on BSC
The BNB Chain core development team said the move aims to streamline the network and improve efficiency. Source: https://cointelegraph.com/news/bnb-chain-native-liquid-staking-bnb-smart-chain-bsc
Nigeria puts faith in new crypto-friendly regulator
The Nigerian president appointed the new Securities and Exchange Commission (SEC) chair to regulate the capital market, bolster investor confidence and advance economic development. Source: https://cointelegraph.com/news/nigeria-faith-crypto-friendly-regulator
Australian, Indonesian Tax Bodies Sign Agreement to Share Crypto Information
The tax authorities of Australia and Indonesia have signed a memorandum of understanding to share information on cryptocurrency. Under this agreement, both entities will exchange data on crypto assets and share knowledge to ensure adherence to tax obligations. Agreement Underscores Two Countries’ Willingness to Adopt The Australian Taxation Office (ATO) and its Indonesian counterpart have […] Source: https://news.bitcoin.com/australian-indonesian-tax-bodies-sign-agreement-to-share-crypto-information/
Tokenization’s next phase requires real-world data integration — Chainlink
Chainlink Labs’ director of capital markets said that enhancing tokens with real-world data could unlock better applications than traditional finance. Source: https://cointelegraph.com/news/tokenization-next-phase-real-world-data-integration
Bitcoin short liquidation risk surges as BTC price dips under $64K
Liquidation levels form an increasingly large cloud above BTC spot price as Bitcoin rests near $64,000. Source: https://cointelegraph.com/news/bitcoin-etf-short-liquidation-risk-btc-price-dip-64k