The preliminary data shared by Bloomberg analyst Eric Balchunas reveals that the nine recently introduced spot Bitcoin ETFs have garnered almost $4 billion in assets under management. Fidelity and BlackRock’s ETFs are in close competition for the leading position. After six complete trading days, the …

A recent survey indicates that nearly half of Nigerians, about 47%, are actively participating in cryptocurrency trading, integrating it into their financial activities. The research further reveals a 15% increase in crypto ownership in the country from 2020 to 2023. Hopefully they do more in …

The U.S. Securities and Exchange Commission (SEC) has reiterated its caution about the “exceptional risks” associated with investments in crypto assets. The regulatory body emphasized that crypto-related investments remain susceptible to fraud, encompassing fraudulent coin offerings, Ponzi and pyramid schemes, and cases of outright theft …

Solana’s recent bullish run has taken a downturn, with SOL decreasing by nearly 6% in the last 24 hours and trading at approximately $39.82. This decline is associated with substantial transfers of SOL from FTX-linked Solana addresses, related to the court-approved liquidation of $3.4 billion …

Trezor, the cryptocurrency hardware wallet provider, is currently investigating a recent phishing campaign reported by users who have received phishing emails. The investigation comes after an anonymous blockchain investigator, ZachXBT, raised awareness of a phishing attack aimed at Trezor customers on October 26. ZachXBT referred …

Federal Reserve official Michael Barr emphasized the necessity of regulating stablecoins in prepared remarks on Friday. He stressed that when an asset is tied to a government-issued currency and functions as a means of payment and a store of value, it gains the trust associated …

Contrarian investors who decided to purchase shares in Grayscale Investment’s Bitcoin Trust (GBTC) in early January, a period of pessimism in both the cryptocurrency and crypto-related markets, have been handsomely rewarded. GBTC shares have surged by 220% to $26.79 this year, as reported by the …

Despite being characterized by a prevailing sense of “Fear” in the latter part of 2022, the current surge in optimism within the crypto sphere suggests a potential reawakening in the market. While elevated levels of greed may hint at the possibility of a market correction, …