In response to encouraging legislative developments in other world-class jurisdictions, including Europe, Turkey passed new cryptocurrency regulations in the last week of 2024. According to a document published in the Official Gazette of the Republic of Turkey on December 25. Customers who conduct transactions over 15,000 Turkish liras ($425) would
The U.S. spot Bitcoin exchange-traded funds (ETFs) have recently experienced a sharp reversal in their flow patterns. On December 24, these funds saw $338.4 million in net outflows, marking the fourth consecutive day of outflows, which have now reached $1.52 billion over the past four days. This comes after strong
In the Asian trading hours, the global crypto market opened the Christmas trading session with a slight recovery as Bitcoin bounces back to the $98K zone after dipping to the $92K range on December 24th. This current uptrend has sent some green across the crypto market, with the overall market
The UAE is witnessing a remarkable surge in cryptocurrency investments. According to a recent eToro survey, 37% of UAE investors plan to increase their crypto investments in 2025. Bitcoin and stablecoins, such as Tether, continue to dominate the market. From 2023 to June 2024, the UAE saw a $34 billion
On December 23, the FBI, Japan’s National Police Agency, and the U.S. Department of Defense Cyber Crime Center confirmed that a $308 million cryptocurrency theft from Japan-based crypto exchange DMM Bitcoin has been linked to “TraderTraitor,” a hacking group tied to North Korea’s infamous Lazarus Group. FBI and Japanese Police
After a promising bullish momentum, the market returns with altcoins correcting from their recent price actions. Bitcoin went wild with a massive price surge thanks to increased spot Bitcoin ETF activity and Donald Trump’s return to office. This top asset surged by over 80% in this year’s final quarter, hitting
As the cryptocurrency market gears up for the next major Bitcoin rally, savvy investors are eyeing undervalued altcoins with explosive potential. Among the top contenders is Lightchain AI, a groundbreaking project in its Stage 8 presale, offering tokens at $0.00375 and already raising over $4.16 million. With real-world utility, innovative
Bitcoin (BTC), the world’s largest cryptocurrency, has witnessed a 7% drop in value over the past week, trading at $94,159 at the time of writing. This marks its fourth consecutive day of decline, driven by macroeconomic concerns and reduced interest from institutional investors. Despite hitting a peak of $108,245 earlier
A worldwide economic downturn is imminent, according to the author of Rich Dad Poor Dad, Robert Kiyosaki. As previously predicted, the world market crisis has started, according to the famous author’s latest social media post, suggesting that the financial markets may soon enter a “depression” phase. Anxieties regarding Bitcoin’s (BTC)
Japanese investment firm Metaplanet has made headlines with its largest Bitcoin purchase to date. The Tokyo-listed company acquired 619.7 BTC for ¥9.5 billion ($60.6 million), bringing its total holdings to 1,761.98 BTC. This latest purchase comes amid a dip in Bitcoin prices, with Metaplanet paying an average price of approximately
