The cryptocurrency market has seen a significant change as well-funded investors, known as "whales," keep acquiring Bitcoin (BTC), pushing its price to all-time highs. Notably, a well-known Bitcoin whale has amassed 4,380 BTC in the last month, suggesting hope for an impending market recovery.
Read MoreThe head of Andreessen Horowitz (a16z), a venture capital firm based in the United States, compared the current memecoin craze to a “risky casino.”
Read MoreClaims that the Central Bank of Nigeria (CBN) gave local banks orders to freeze customer accounts connected to unlicensed cryptocurrency exchanges have been denied.
Read MoreBy utilizing artificial intelligence (AI), the Internal Revenue Service (IRS) is improving its oversight of bitcoin transactions.
Read MoreAmerican economist and gold bug Peter Schiff has interpreted the fact that the majority of the assets in the cryptocurrency industry are losing money as a sign that Bitcoin (BTC) is headed for collapse, issuing a particularly grim warning to owners of spot BTC exchange-traded funds (ETFs).
Read MoreThe Canadian Association of Alternative Assets and Strategies (CAASA) and KPMG Canada recently produced a survey that indicates the country's acceptance of cryptocurrencies is growing.
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