The cryptocurrency market is known for its volatility, and Bitcoin's (BTC-USD) recent fall is no exception. With a predicted 7.4% weekly decline, it's natural to wonder what's behind this sudden drop. Is it the impending presidential election, the world's oldest cryptocurrency's own volatility, or s
Akon, the famous singer, announced in 2020 that he would build a futuristic city in Senegal, his "hometown." Dubbed "Akon City," this ambitious project would be powered by green energy and solar power, feature condominiums, a seaside resort, and a university, and use Akoin, his cryptocurrency, as it
Recession Fears Sink Crypto Market, But Is It Just a Blip on the Radar? The crypto market has taken a tumble, with Bitcoin and US cryptocurrency-related shares plummeting in value. But is this a sign of impending doom or just a normal correction in an otherwise volatile market? To answer this quest
Imagine a world where artificial intelligence (AI) and blockchain technology converge to revolutionize the way we live and work. Sounds like science fiction? Not quite. Grayscale Investments is making this vision a reality by introducing two new funds that invest in the native tokens of the Bittenso
FTX's downfall was marked by its poor balance sheet and liquidity crisis, which led to a $10 billion fraud committed against customer funds. The company's collapse sent shockwaves throughout the crypto industry, causing a ripple effect that left several other companies reeling. BlockFi, Voyager, Cel
The cryptocurrency market is notorious for its volatility, and Bitcoin is no exception. Recently, its price plummeted from $70,000 to around $50,000, leaving many investors wondering what's next for this digital darling. But, in a remarkable turn of events, Bitcoin's price has rebounded back to $60,
The world of cryptocurrency has been waiting with bated breath for concrete regulatory clarity from the Biden-Harris administration. In an effort to shape Vice President Kamala Harris' policy on crypto-related issues, a group of leading crypto executives recently participated in a conference call wi
The past week has been a rollercoaster ride for the crypto market, with a sell-off that wiped out $367 billion in value. But instead of fleeing, institutional investors took advantage of the dip to buy in. Spot ether exchange-traded funds saw net inflows of around $120 million, with most traders buy
The alleged $650 million cryptocurrency fraud perpetrated by NovaTech Ltd. and its co-founders, Cynthia and Eddy Petion, has sent shockwaves through the financial world. The U.S. Securities and Exchange Commission (SEC) has charged the company and its six promoters with fraud, accusing them of orche
The world of cryptocurrency trading is often shrouded in mystery, with promises of big returns and exclusive deals. But what happens when the promises are empty and the deals are a scam? That's exactly what happened with ezBtc, a cryptocurrency trading platform that defrauded its customers out of $1
