CryptoNews

Report: 47% of Nigerians Engaged in Crypto-Related Activities

December 11, 2023
A recent study has revealed that a significant 47% of Nigerians are actively involved in crypto trading, showcasing a remarkable integration of cryptocurrencies into their financial activities. The analysis further highlights a substantial 15% increase in crypto ownership within the country between 2020 and 2023. This surge in participation reflects the growing significance of crypto trading in…
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CryptoNews

SEC Warns Crypto Investments Can Be 'Exceptionally Risky'

December 11, 2023
The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete with fraud, including bogus coin offerings, Ponzi…
CryptoNews

BTC Dev Wants to 'Fix' Ordinal Inscription 'Exploit,' Blackrock Updates ETF Filing, and More

December 11, 2023
BTC developer Luke Dashjr wants to “fix” Bitcoin Ordinal inscriptions, as he views them as exploitative, dividing the crypto community. In other news, in a spot bitcoin exchange-traded fund (ETF) filing update, monolithic asset manager Blackrock has noted the possibility of BTC being legally classified as a security. This and more, just below, in the latest Bitcoin.com News Week in…
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CryptoNews

Vaneck Unveils 15 Crypto Predictions: Spot Bitcoin ETF Approvals, US Recession, BTC’s Historic Rally

December 10, 2023
Asset management firm Vaneck has unveiled its 15 crypto predictions for 2024. They include the U.S. recession’s arrival, the approvals of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and bitcoin’s historic rally, “potentially spurred by political events and regulatory shifts following a U.S. presidential election.” 15 Crypto Predictions for…
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CryptoNews

December Sparks NFT Sales Surge — Bitcoin Dominates as Market Recovers, Iconic Collections Realign

December 10, 2023
In the wake of a strong rise in non-fungible token (NFT) sales last November, the initial week of December continued this trend, with sales escalating by 57% compared to the previous week. Bitcoin Outshines as NFT Sales Skyrocket in Early December This past week’s NFT sales amounted to approximately $316 million. Despite this surge, the volume of buyers and sellers decreased considerably…
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