Browsing: cryptocurrency

It will stop supporting withdrawals after Friday and any remaining balances in Nigerian Naira will be automatically converted into Tether

Dollar steady versus euro ahead of ECB and US data, bitcoin in spotlight

LONDON – Investors poured the most cash into technology stocks since August in the week to Wednesday and doubled the amount they put into cryptocurrencies, according to a report on Friday from Bank of America Global Research.

The cryptocurrency gained more than $3,000 in price in less than 24 hours, an increase of more than 40% over a month

The token rose as far as $57,036 in early Asian trading, its highest level since November 2021, having recovered from a tumble below $40,000 in the initial days following the opening of US-based spot Bitcoin exchange-traded funds (ETFs) in early January. Later in the day, it pulled back slightly to trade at $56,325 as of 08:30 GMT, still up more than 9% over the past 24 hours.

The authorities believe such platforms have engaged in currency speculation that has led to a devaluation of the country’s national currency

Binance Holdings Ltd (BHL), the world’s biggest cryptocurrency exchange, is to pay $4.3 billion for violations of anti-money laundering and sanctions laws in a settlement approved by a US judge on Friday.

In the dynamic world of cryptocurrencies, the Bitcoin halving event stands out as a pivotal moment, drawing attention from enthusiasts and investors alike. Scheduled to occur in April this year, this event is expected to halve the block rewards for miners, significantly impacting Bitcoin’s valuation and its role in the broader digital asset landscape.

Bitcoin, the world’s leading cryptocurrency, has experienced a significant price surge in the last two weeks, breaking above the $52,000 mark. This remarkable rise in value can be attributed to a combination of factors, including the approval of Bitcoin exchange-traded funds (ETFs), the Biden administration’s stance on cryptocurrency, and the general outlook for BTC in the future.

MOSCOW, February 12. /TASS/. The price of Bitcoin gained 3.83% during the trading session on Monday and reached $50,062, according to CoinDesk portal trading data.