The latest announcement from BlackRock regarding the iShares Bitcoin Trust (IBIT) has sent ripples through the world of digital assets. With the formal inclusion of Anchorage Digital Bank as a secondary custodian, the asset management giant is making a calculated move that defies the traditional single-custodian framework. While this expansion might initially seem like a
In a significant legal standoff, a Nigerian court has postponed proceedings in a major tax evasion suit against Binance, the global cryptocurrency exchange, until April 30. The Federal Inland Revenue Service (FIRS) is making audacious claims against the company, seeking a staggering $2 billion in taxes owed and a further $79.5 billion in damages. This
Recently, Bitcoin’s hashrate reached an astonishing 1 Zetahash per second (ZH/s), a remarkable leap in the cryptocurrency’s evolution. While this milestone is celebrated as a technical triumph for the Bitcoin network, it merits a closer examination beyond surface-level enthusiasm. World-renowned blockchain analysts confirm this unprecedented achievement, yet the metric itself often overshadows deeper issues lurking
The Philippines is set to become a beacon of innovation and opportunity with the impending Crypto Vision Conference 2025 (CVCPH2025), scheduled for April 26, 2025, in Makati. This prominent event, organized by Museigen.io, is not merely another addition to the crypto calendar; it represents a pivotal moment for the burgeoning blockchain landscape in the Philippines.
Ethereum, once hailed as the beacon of cryptocurrency innovation, is currently embroiled in a worrying downward spiral that has left both casual investors and seasoned traders questioning its future. With recent trading data indicating a dramatic price drop of over 14.5% in merely 24 hours, Ethereum has not just breached its crucial support level at
The recent downturn in crypto markets, shedding over 10% in just 24 hours, aptly underscores the volatile nature of financial ecosystems. More than $240 billion evaporating from a space that was once considered a beacon of financial hope serves as a stark reminder: euphoria can swiftly turn into dread. As we witness stock market futures
Hong Kong’s recent advancement in regulating Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to include staking services represents a pivotal moment in the financial landscape. While some critics argue that the crypto sector is out of control, the Securities and Futures Commission (SFC) is taking a measured approach, balancing innovation with robust consumer
In what can only be described as a cataclysmic event for the cryptocurrency market, a recent panic sell-off triggered by Donald Trump’s controversial tariffs has led to staggering losses, with over $300 billion evaporating from digital asset valuations in a mere 24 hours. The incident serves as a potent reminder of the fragility inherent in
In an age where globalization has forged strong economic links between nations, President Donald Trump’s announcement on April 2 — labeled “Liberation Day” — has rippled shockwaves through global markets. Imposing retaliatory tariffs that blanket nearly all countries with a 10% levy, and even higher on select nations, is a dramatic shift into a protectionist
Bitcoin has long been the subject of both intrigue and volatility, and it now finds itself in a precarious yet exciting stage. As it flirts with the $80,000 to $85,000 range, the cryptocurrency is laying the groundwork for what some analysts predict could be a monumental breakout. This so-called “tightening triangle pattern” presents a dual-edged
