Tag: Cryptocurrency
-
Bitcoin Dips Below $78K as Silver Selloff Ripples Markets
Bitcoin slides as silver selloff shakes risk markets Bitcoin, along with other major tokens, extended losses on Saturday as traders weighed a heavy week of market-moving events. The digital asset briefly traded below $78,000, joining a broader pullback across equities and commodities after a sharp selloff in silver and ongoing volatility in bond and currency…
-
Bitcoin Dips Below $78,000 as Silver Selloff Shakes Markets
Bitcoin slips as silver selloff rattles markets Bitcoin, along with leading tokens Ethereum and Solana, edged lower on Saturday as traders processed a volatile week marked by dramatic swings in precious metals and a highly anticipated political development in the United States. The silver selloff helped widen risk-off moves, pulling major risk assets down and…
-
Bitcoin Dips Beneath $78,000 as Silver Selloff Sparks Market Volatility
Bitcoin and major cryptos retreat as broad market swings intensify Bitcoin traded under the $78,000 mark on Saturday, joining a retreat across top cryptocurrencies as traders weighed a volatile week that saw sharp moves in commodities and a high-stakes political moment in the United States. The pullback comes after a day of outsized swings driven…
-
Nigeria’s Crypto Sandbox Hit by Setback as Quidax Halts P2P Services
Overview: A setback in Nigeria’s crypto regulation push Nigeria’s ambitious plan to regulate its growing cryptocurrency sector through a sandbox program has hit a notable roadblock. Quidax, a key participant in the country’s regulatory sandbox, announced a pause in its peer-to-peer (P2P) services. The move comes after Quidax secured a provisional license, signaling progress on…
-
Iran’s Central Bank and a Farage-Backed Cryptocurrency: What the Report Really Suggests
Overview: A Far-Reached Claim in Crypto and Banking A new report from Elliptic, a trusted crypto-analytics firm, alleges that Iran’s central bank has used large quantities of a cryptocurrency championed by political figure Nigel Farage. The revelation, if corroborated, highlights how sanctioned economies may explore crypto in ways that complicate traditional financial policing. According to…
-
Iran’s Central Bank Turns to Crypto Amid Farage-Backed Asset, Report Claims
Overview: A Bold Move in a Complex Financial Landscape In a development that highlights the murky intersection of state finance and crypto, a new report alleges that Iran’s central bank has been using large quantities of a cryptocurrency that gained notoriety after being championed by UK politician Nigel Farage. The claims come from Elliptic, a…
-
Iran’s Central Bank Accused of Using Large-Scale Crypto Tied to Farage, Report Claims
Overview of the Allegation A recent report by Elliptic, a crypto analytics firm, alleges that Iran’s central banking system has been moving and storing substantial quantities of cryptocurrency issued by a coin identified as “Teth.” The report, which cites on-chain analysis and tracing techniques, claims that a minimum of $507 million worth of this token…
-
How Crypto Criminals Stole Billions: The Tricks Behind the Losses and What You Can Do
Introduction: The high-stakes world of crypto and the cost of crime Cryptocurrency markets promise speed, anonymity for some, and the allure of rapid gains. Yet the same ecosystems that enable groundbreaking finance also attract scammers who exploit human psychology and system weaknesses. Reports of multi-hundred-million-dollar heists are no longer rare, and they underscore a troubling…
-
Crypto Derivatives Signals Shift as Bybit and Block Scholes Reveal Optimistic Sentiment
Overview: A Turning Point in Crypto Derivatives Sentiment Crypto markets have been watching shifting tides as the latest Bybit x Block Scholes Crypto Derivatives Analytics report signals a tilt toward bullish sentiment in the derivatives space. The findings come as Bitcoin climbs to a two-month high, suggesting traders are positioning for near-term upside in a…
-
Nigeria, Kenya, and South Africa Forge Africa’s Expanding Digital Asset Frontier
Introduction: A continental push into digital assets Across Africa, the digital asset sector is accelerating, powered by increasing adoption, broader use cases for stablecoins, and a move toward clearer regulatory frameworks. In particular, Nigeria, Kenya, and South Africa are emerging as pivotal centers, shaping how digital currencies, tokenized finance, and blockchain-based services evolve on the…