all posts Crypto Publisher

💰 Maryland Police Warn Gmail Users of Phishing Scam Demanding Bitcoin Maryland State Police have warned of a scam targeting Gmail users, using phishing tactics to extort money through unsettling threats. Scammers are sending victims emails with Google Maps photos of their homes and demanding bitcoin payments, falsely claiming they possess incriminating evidence. The police are investigating, urging caution and providing resources for reporting these incidents. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Analysts predict Bitcoin volatility spike as market aligns like a ‘coiled spring’ Bitcoin’s (BTC) spot volume hit $16 billion on Sept. 18 following the US Federal Reserve confirming a 50 basis point interest rate cut. According to FalconX head of research David Lawant, the high volume paired with the liquidity setup shown in the past six months could be a sign of impending high volatility. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 'It’s cool to hate Ethereum right now. I bet this ends up looking silly,' Bitwise CIO says "No one likes Ethereum right now," according to Bitwise CIO Matt Hougan, with the /BTC ratio recently hitting its lowest level in three years below 0.04. But while there are good reasons to be concerned, it offers a potential contrarian bet coming into year-end, he said. Despite a promising start, it has not been the best of years for the second-largest cryptocurrency by market cap, trading up just 1% year-to-date, according to The Block’s Ether Price Page. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years. 🤝 @Cryptocurrency_Inside ✅

🔵 Circle is launching USDC on Sui, marking its 15th network integration Circle, the issuer of the second-largest stablecoin, plans to launch a dollar-denominated token on the Layer 1 blockchain Sui as early as next week, according to Circle co-founder and CEO Jeremy Allaire on Tuesday. The move was accompanied by a series of announcements for the stablecoin giant, including an integration with MoviePass that will enable users to pay for subscriptions with crypto and news that USDC is live in Brazil and Mexico. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Coinbase reports 'degraded performance' for Polygon transactions shortly after network upgrade Coinbase, the largest U.S. cryptocurrency exchange, has put out a status update alerting users that Polygon transfers may be delayed. “We are aware that some users may be experiencing delayed sends and receives for Polygon (Matic). Buys, Sells, and Fiat withdrawals/deposits are not affected. We are investigating this issue and will provide an update shortly. Rest assured, your funds are safe,” the company’s status page read. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🏦 Coinbase’s cbBTC soars to $100M in first day despite Justin Sun’s criticism Coinbase’s newly launched wrapped #Bitcoin product, cbBTC, has seen rapid adoption within its first 24 hours, with a market capitalization nearing $100 million. Data from Dune Analytics shows the circulating supply of cbBTC has reached 1,720 tokens, valued at $99.8 million. Of this, 43% is on Base, while 57% resides on Ethereum. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🚀 Join the Ultimate Crypto Meme Channel! 🚀 Are you tired of the serious side of crypto? 🧠 💼 Need a daily dose of laughter to lighten up your trading day? 😂💸 Look no further! Our Crypto Meme Channel is here to brighten your day with the funniest, most relatable, and fresh-off-the-blockchain memes! 🤖🔥 👉 Why Join Us? 💥 Hilarious Memes Daily - Guaranteed to make you LOL! 💥 Relatable Content - For every HODLer, trader, and crypto enthusiast! 💥 The Best Way to Survive the Market - With laughter and a strong meme game! 🔗 Join Now and become part of the funniest crypto community on Telegram! Let’s turn the volatility into hilarity together! 🎉 HODL tight and get ready to ROFL! See you inside! 🤣 🚀 https://t.me/Bitcoin_Crypto_Memes

💰 Cypherpunk Holdings goes all in on #Solana, rebrands as SOL Strategies Cypherpunk Holdings (ticker: HODL) is doubling down on its strategy to buy and stake Solana’s native token — to such an extent that the publicly traded cryptocurrency holding company has been renamed Strategies, it announced on Thursday. The firm, which only began buying SOL in the second quarter of 2024 (when former Valkyrie CEO Leah Wald took up the reins as chief executive officer), now holds over 86,000 solana (valued above $11 million at current prices, according to The Block’s data), the majority of which are being staked to earn token rewards. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 #Bitcoin Climbs Above $58,000, But Experts Say Bullish Sentiment Is Waning Bitcoin climbed 3% on Thursday morning, rising past $58,000, driven by investor response to August’s Consumer Price Index (CPI) report. The headline CPI slowed to a 2.5% annual increase, slightly below the expected 2.6%, marking its lowest level since February 2021. However, core inflation, which excludes food and energy, rose 0.3% on a monthly basis, surpassing forecasts of 0.2% and maintaining an elevated year-over-year rate of 3.2%, well above the Federal Reserve’s 2% target. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Cleanspark’s $27.5M expansion to boost Bitcoin mining power by 22% CleanSpark is set to acquire seven Bitcoin mining sites in Tennessee, along with associated properties, for $27.5 million, according to a Sept. 11 statement. The miner stated that these facilities have a combined power capacity of 85 megawatts (MW), which means the deal equates to about $324,000 per MW. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇺🇸 Harris campaign criticized for ignoring crypto in policy statement Vice President Kamala Harris‘s campaign released a policy statement outlining her administration’s key priorities. However, there is a notable omission—crypto. Harris’s campaign promises highlighted various sectors—including semiconductors and artificial intelligence—and even extensively mentioned her political rival, former President Donald Trump, in the policy statement. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

📊 Bitcoin, ether remain subdued as markets process underwhelming US economic data Bitcoin and ether remain under key price levels after sliding down over the weekend following Friday's bearish U.S. economic data. The largest cryptocurrency trades at $54,744 when writing, gaining 0.64% in the past 24 hours. Ether (ETH) added 0.17% to change hands at around $2,291, according to The Block’s crypto price page. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🏦 Coinbase scores partial victory in legal battle against the SEC Crypto exchange Coinbase secured a partial victory in federal court this week in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In a filing dated Sept. 5, the US District Court for the Southern District of New York, Judge Katherine Failla partially granted Coinbase’s motion to compel the SEC to hand over documents related to the agency’s categorization of crypto tokens as securities. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🚀 Join the Ultimate Crypto Meme Channel! 🚀 Are you tired of the serious side of crypto? 🧠 💼 Need a daily dose of laughter to lighten up your trading day? 😂💸 Look no further! Our Crypto Meme Channel is here to brighten your day with the funniest, most relatable, and fresh-off-the-blockchain memes! 🤖🔥 👉 Why Join Us? 💥 Hilarious Memes Daily - Guaranteed to make you LOL! 💥 Relatable Content - For every HODLer, trader, and crypto enthusiast! 💥 The Best Way to Survive the Market - With laughter and a strong meme game! 🔗 Join Now and become part of the funniest crypto community on Telegram! Let’s turn the volatility into hilarity together! 🎉 HODL tight and get ready to ROFL! See you inside! 🤣 🚀 https://t.me/Bitcoin_Crypto_Memes

🪙 Vaneck Reveals Plans to Close Ethereum Futures ETF On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇷🇺 Chainalysis says Russia’s crypto infrastructure aims to skirt Western sanctions According to blockchain analytics provider Chainalysis, the Central Bank of Russia (CBR) is spearheading efforts to develop financial infrastructure that will enable the country to use cryptocurrencies for international trade and circumvent Western sanctions. Friday's Chainalysis policy and regulation report highlighted recent legislation passed by the Russian parliament that legalizes cryptocurrency mining and allows the use of cryptocurrencies for international payments. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🔥Join the Ultimate Crypto & Trading Hub!🔥 Stay ahead of the curve with our channel, bringing you the latest in: 🔹 Important Crypto News 📰 🔹 Real-Time Chart Analysis 📈 🔹 On-Chain Analytics 🔗 🔹 Exclusive Interviews & Podcasts 🎙️

Plus, get insights on Politics, Finance, and Global Events that impact the market!

🚀 Join us now: https://t.me/Crypto_Trading_Reports Stay informed. Stay ahead. No financial advice. #ad

🪙 Ether has underperformed bitcoin by 44% since switch to proof-of-stake: CryptoQuant Ether has underperformed bitcoin by as much as 44% since the Ethereum blockchain's 'merge' to proof-of-stake almost two years ago, according to analysts. "Next week will mark two years since Ethereum switched to a proof-of-stake network, an upgrade known as The Merge. Since then, Ethereum has underperformed bitcoin by 44%," CryptoQuant analysts said. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇨🇭 Major Swiss bank ZKB launches 24/7 Bitcoin and Ethereum trading Switzerland’s fourth-largest bank, Zürcher Kantonalbank (ZKB), has introduced trading and secure storage for major digital assets, including Bitcoin and Ethereum, according to a Sept. 4 announcement. According to the bank, its customers can now trade BTC and ETH around the clock through its existing ZKB eBanking or ZKB Mobile Banking. It added that this was facilitated through its partnership with Crypto Finance AG, a subsidiary of Deutsche Börse Group. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

💰 Bitcoin perpetual futures reflect market pessimism as funding rates stay below neutral: K33 Research The bitcoin perpetual futures market is showing considerable pessimism, with funding rates remaining below neutral for an extended period — similar to the significant price drop the digital asset experienced in November 2022 — according to an analyst. "We’re in the deepest funding rate environment since bitcoin’s 80% drawdown in November 2022," K33 Research analyst Vetle Lunde said. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇰🇵 FBI warns of North Korean threat to crypto, cautions against potential ETF-related attacks The Federal Bureau of Investigation (FBI) issued a warning about North Korea’s aggressive targeting of the crypto industry on Sept. 3. The agency detailed the sophisticated social engineering campaigns conducted by North Korean actors against employees of crypto-related businesses, notably DeFi applications. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🟠 Binance exec seeks bail in Nigeria amid deteriorating health issues Detained Binance executive Tigran Gambaryan, facing money laundering charges in Nigeria, made a fresh bail request on medical grounds during his court appearance on Sept. 2, according to a family statement shared with CryptoSlate. Gambaryan’s legal team cited his deteriorating health in prison as the basis for the application. They reported that his condition has worsened to the point where they cannot meet with him to prepare adequately for the trial. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Metaplanet teams up with Japan’s SBI for enhanced regional Bitcoin custody and trading Bitcoin investment company Metaplanet has formed a strategic partnership with Japan’s financial giant SBI through its crypto investment service, SBI VC Trade, for Bitcoin trading and custody, according to a Sept. 2 statement. Metaplanet emphasized that this partnership aligns with its ongoing strategy to engage with key industry players in Japan who support its corporate Bitcoin accumulation plan. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🧿 Cardano shifts to decentralized governance as Chang hard fork goes live Cardano, the Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson, has officially undergone the first stage of its Chang hard fork, becoming the first major blockchain to transition its centralized governance structure to a token-based decentralized governance system. Over the next 90 days, Cardano will undergo a full transformation to a community-led governance model overseen by an interim committee. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin volatility likely to ease as market anticipates Fed rate cuts, says QCP Capital Bitcoin price volatility is expected to decline as market participants prepare for the potential start of a rate-cutting cycle by the U.S. Federal Reserve next month. "In the lead-up to next week’s U.S. non-farm payroll report, we expect market volatility to continue its downtrend as the market positions itself for potential rate cuts by the Fed." QCP Capital analysts said. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇺🇸 Trump’s pro-Bitcoin stance helps secure 12-point lead over Harris, FDU poll finds Former President Donald Trump’s engagement with the crypto community is significantly bolstering his chances to win the 2024 presidential race, according to a Fairleigh Dickinson University (FDU) poll released on Aug. 30. The FDU poll indicated that Trump holds a notable lead among voters who own crypto or related assets, outpacing Vice President Kamala Harris by 12 points in the 2024 US Presidential race. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin volatility likely to ease as market anticipates Fed rate cuts, says QCP Capital Bitcoin price volatility is expected to decline as market participants prepare for the potential start of a rate-cutting cycle by the U.S. Federal Reserve next month. "In the lead-up to next week’s U.S. non-farm payroll report, we expect market volatility to continue its downtrend as the market positions itself for potential rate cuts by the Fed." QCP Capital analysts said. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🟠 Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices. He called for a boycott of Binance and supported platforms that prioritize user privacy and autonomy. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin's Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump Bitcoin’s difficulty ticked up 2.99% on Wednesday, reaching 89.47 trillion, where it will stay until Sept. 10, 2024. The network’s difficulty metric essentially functions like a self-adjusting thermostat for the Bitcoin network, maintaining a consistent pace of block creation regardless of fluctuations in mining power. Simply put, if hashpower increases and blocks are mined too quickly, the difficulty rises. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🟠 Binance CEO Calls Nigeria's Detention of Tigran Gambaryan Unjust Binance CEO Richard Teng has said that Tigran Gambaryan, a former U.S. federal agent working for Binance, has been unjustly detained in Nigeria for six months. Teng reiterated claims that Gambaryan’s physical and mental health has deteriorated significantly while in detention. The CEO criticized the Nigerian government’s justification for detaining Tigran as baseless. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🖥 Ledger Live wallets now support swaps of USDT on the Tron network to all available TRC20 tokens. 🤝 @Cryptocurrency_Inside ✅

Telegram CEO Pavel Durov has been released under judicial supervision in France. He is required to pay a €5 million deposit and is prohibited from leaving the country. 🤝 @Cryptocurrency_Inside ✅

🇲🇽 Coinflip Expands Cryptocurrency ATM Services to Mexico Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin crashes over 6% to $58k before attempting recovery Bitcoin (BTC) fell over 6% on Aug. 27 to a low of $57,880 before marking a slight recovery. The majority of the losses were recorded in less than an hour after Bitcoin lost the key $61,000 support level and continued sliding until finding a new floor. The wider market echoed the bleeding, with large caps down significantly from the highs reached over the past weekend. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇷🇺 Russia Set to Launch Crypto Payment Trials Next Week, Report Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the National Payment Card System and could lead to the establishment of crypto trading platforms if successful. Legislation was recently passed to legalize crypto mining and regulate digital tokens for cross-border transactions under the central bank’s oversight. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇺🇸 SEC Charges Abra With Unregistered Sales of Crypto Asset Securities The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company, further complicating the firm’s regulatory standing. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Ethereum trading volume and transaction count decline in August Trading volume and daily network transactions on Ethereum have declined throughout August. The Block's Data Dashboard indicates that the seven-day moving average of daily trading volume on the Ethereum network has declined by around 55% over the past month. The seven-day moving average of daily economic throughput on the Ethereum blockchain in U.S. dollar terms fell from $6.56 billion on July 26 to $2.9 billion today. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Spot bitcoin ETFs see highest single-day inflow since July, continuing seven-day streak opposite to ether The combined value of the spot bitcoin exchange-traded funds based in the U.S. has reached its highest value so far in the month of August—about $58.4 billion—after a seven-day streak of positive inflows continued on Friday. Furthermore, Friday saw the highest inflows since the streak began and then some, logging a net inflow of $252 million, the largest net inflow since 32 days prior on July 22, according to data from SoSoValue. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

JUST IN: Toncoin $TON falls 13% following Telegram founder Pavel Durov's arrest in France. @Cryptocurrency_Inside

🇮🇳 India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October 2024, will seek input from stakeholders to gather feedback on effective regulation. India is emphasizing the importance of international consensus in shaping its policy. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

👑 WazirX to resume phased fiat withdrawals after $235M hack India-based crypto exchange WazirX announced that it will begin a phased resumption of fiat currency withdrawals on Aug. 26, following a month-long suspension due to a cyberattack, according to an Aug. 23 press release. The attack forced the platform to suspend all trading and withdrawal activities while it assessed the damage and developed a recovery plan. The stolen assets have created a significant shortfall, preventing the exchange from meeting its crypto obligations to users. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇷🇺 Russia to launch crypto exchanges for global trade in Moscow and St Petersburg Russia is reportedly exploring the establishment of two crypto exchanges to facilitate foreign economic activities, local media outlet Kommersant reported on Aug. 23. Mikhail Uspensky, a member of the State Duma’s legislative committee on crypto regulation, stated that these exchanges will initially be available to a limited number of users. However, they will eventually be made available to major firms, including exporters and importers in the country. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇮🇳 India gears up for sweeping crypto regulations with new consultation paper The Indian government is preparing to introduce comprehensive regulations for the crypto sector, local media reported on Aug. 22. Sources familiar with the matter said the first step of the plan is to release a consultation paper in the coming weeks that will invite feedback from stakeholders. The initiative highlights the government’s commitment to establishing a regulatory framework for digital currencies in India. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🏦 Coinbase to support Polygon token upgrade from MATIC to POL Crypto exchange Coinbase said it would support the Ethereum layer-2 network Polygon planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). During the migration, sending and receiving MATIC on the Polygon network will be disabled between Aug. 26 and Sept. 10. This measure aims to ensure a smooth transition from MATIC to POL. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🚨 Hackers compromise McDonald’s Instagram account to conduct $700k rug pull Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token — called GRIMACE — hit a $25 million market capitalization within two hours of its launch before it was rugged and lost more than 95% of its value. The scammers, who identified themselves as “India_X_Kr3w,” claim to have snagged roughly $700,000 from investors who believed the memecoin was an official McDonald’s’ token. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Grayscale outflows overshadow Ethereum ETF inflows Despite initial enthusiasm, spot Ethereum ETFs haven't quite met market expectations, with significant outflows overshadowing positive inflows. The on-chain holdings of Ethereum ETFs are substantial, yet they've faced a net outflow of 136,700 ETH since their launch, a drag largely due to Grayscale's ETHE. Ethereum's price has reacted predictably, dropping sharply post-launch before finding some stability. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 VanEck’s Solana ETF Plans Remain Active Despite Cboe’s Filing Removal Asset manager VanEck remains committed to launching a Solana exchange-traded fund (ETF) despite recent developments that have sparked speculation about the project’s future. He acknowledged that the 19b-4 for the VanEck Solana ETF has been taken off the CBOE website but confirmed that the S-1 prospectus for the product is still active. This indicates that the company is continuing with its plans, and the ETF remains in play. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 BlackRock’s IBIT boosts Bitcoin ETFs with $92.7 million inflow, total now $20.5 billion Data from Farside shows that Bitcoin ETFs experienced a net inflow of $62.1 million, marking the largest since Aug. 8. The primary contributor to this surge is BlackRock’s IBIT, which alone attracted an impressive $92.7 million, bringing its total net inflow to a staggering $20.48 billion. Fidelity also saw a modest inflow of $3.9 million. However, not all Bitcoin ETFs performed positively—Bitwise’s BITB and Galaxy Invesco’s BTCO were the only issuers to experience outflows, losing $25.7 million and $8.8 million, respectively. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitwise AUM surpasses $4.5 billion, expands to Europe with ETC Group purchase Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe’s largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise’s assets under management (AUM) to over $4.5 billion and enhances its capability to serve European investors with institutional-grade products. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Malaysian authorities arrest seven individuals for power theft linked to bitcoin mining: report Malaysian authorities have arrested seven individuals for allegedly conducting bitcoin mining operations involving electricity theft, according to local media reports. Bernama, the country’s national news agency, reported on Saturday that three local residents and four foreign nationals were arrested and detained separately last week on suspicion of stealing electricity to power their bitcoin mining operations. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

Franklin Templeton is preparing a new ETF: Bitcoin and Ethereum under one flag! ✔️Asset manager Franklin Templeton has taken a step towards launching an innovative exchange-traded fund by filing an S-1 with the SEC. ✔️The new Franklin Crypto Index ETF will combine Bitcoin and Ethereum in one product, opening up new horizons for investors. 💡Well, it's time to keep your finger on the pulse - this fund promises to be interesting! 🤝 @Cryptocurrency_Inside ✅

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

💰 Yahoo Finance says #Bitcoin ETF holders have 'diamond hands.' 💎✋ 🤝 @Cryptocurrency_Inside ✅

🐶 After famous Notcoin, Telegram organized new airdrop among users: #DOGS! Your airdrop depends on ⚫ Account age ⚫ Telegram premium sub ⚫ OG status Check and claim your #DOGS here You can sell your tokens on Bitget premarket, price is around $0.01! And it will be listed on OKX on the 20.th this month.

🗣️ Co-founder of BitMEX, Arthur Hayes, believes that for an altcoin season to begin, Bitcoin must surpass $70,000 and Ethereum $4,000. He also predicts that if these levels are reached, Solana could rally to $250 during the next altcoin season. What’s your prediction for Solana’s price? 🌚 - $180 ❤️ - $250 ⚡️ - $350 🐳 - $500 🤝 @Cryptocurrency_Inside ✅

💰 Ripple invests $10 million in tokenized US T-bills through OpenEden Ripple has announced a $10 million investment in tokenized US Treasury bills (T-bills) through OpenEden, a tokenization platform expanding to the XRP Ledger (XRPL), according to an August 1 statement. This investment is part of a larger fund Ripple plans to allocate to tokenized T-bills from OpenEden and other yet-to-be-named issuers. Ripple has not disclosed the fund’s total size and has not yet responded to CryptoSlate’s request for further details as of press time. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Fidelity launches competitive Bitcoin ETP on London Stock Exchange Fidelity International has launched the Fidelity Physical Bitcoin ETP on the London Stock Exchange for professional investors, according to a July 31 press release. The launch comes as Bitcoin investment products are multiplying worldwide following the record-setting success of US-based spot Bitcoin exchange-traded funds (ETFs) launched in January. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 QCP Capital forecasts significantly greater volatility for Ethereum compared to bitcoin Ethereum is anticipated to experience significantly larger price swings than bitcoin in the future, as reflected in the higher options volatility premium for the second-largest asset by market capitalization. "The volatility premium of Ethereum to bitcoin has widened to about 8% for the longer tenor expiries, up from 4% last week," QCP Capital analysts said. QCP Capital analysts also expressed a preference for accumulating Ethereum, noting its cost-effective spot price when considering the rise in the asset's implied volatility. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇺🇸 US government-associated crypto wallet transfers $2 billion of DOJ-seized bitcoin: Arkham data A wallet labeled as belonging to the U.S. government transferred $2 billion worth of bitcoin to an unidentified wallet on Monday, according to Arkham Intelligence data. The nearly 28,000 BTC, valued at over $2 billion, appears to be tied to funds the U.S. Department of Justice previously confiscated from the now-defunct dark web market Silk Road. Late last year, a U.S. appeals court finalized a mandate that formalized the forfeiture of 69,370 of bitcoin and other crypto connected to Silk Road. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Riot Platforms Acquires Block Mining for $92.5M, Expands Hash Rate and Market Reach The leading American Bitcoin mining company – Riot Platforms – has acquired the Kentucky-based firm Block Mining in a transaction valued at $92.5 million. The deal, announced on July 24, includes $18.5 million in cash from Riot’s reserves and $74 million in Riot common stock. Additionally, Block Mining could receive up to $32.5 million more, based on performance metrics through 2025. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇺🇸 U.S. presidential candidate Robert F. Kennedy Jr. promises to issue Bitcoin-related executive orders if elected U.S. presidential candidate Robert F. Kennedy Jr. promised to issue several Bitcoin related executive orders on his first day in office if elected president. Kennedy, who is running as an independent, said he would direct the U.S. Department of Justice and the U.S. Marshals Sevice to transfer about 200,000 Bitcoin held by the U.S. government to the Department of Treasury to be held as a "strategic asset." Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Senator Hagerty says loving Bitcoin is in every American’s ‘DNA’ – praises Trump’s stance US Senator Bill Hagerty passionately advocated for Bitcoin and the principles of decentralization during his speech at the Bitcoin2024 conference, highlighting the alignment of these values with American ideals of liberty and autonomy. Hagerty said during his appearance at the Bitcoin2024 conference on July 26 that the flagship crypto represents the fundamental principles of freedom — drawing parallels with the ideals of America’s founding fathers. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 MARA purchases $100 million worth of bitcoin, holdings surpass 20,000 BTC Bitcoin miner MARA, recently rebranded from Marathon Digital, announced on Thursday it has purchased an additional $100 million worth of bitcoin. The acquisition brings MARA’s balance sheet holding to more than 20,000 ($1.3 billion) — nearly 0.1% of bitcoin’s total 21 million supply, according to a statement shared with The Block. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Ethereum has less short-term price potential than bitcoin, QCP Capital analysts say Options traders are now anticipating more significant price movements for bitcoin compared to ether, reflecting a potential shift in short-term market sentiment that favors the former over the latter. After the highly anticipated trading of Ethereum spot exchange-traded funds (ETFs) commenced on Tuesday, the expected market surge failed to materialize. In the past 24 hours, Ethereum has traded down 1.4%, now changing hands for $3,455 as of the time of writing, according to The Block's Price Page. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🏦 Coinbase files motion to compel the SEC and Chair Gensler to hand over documents related to its case Coinbase is asking a New York court to order the U.S. Securities and Exchange Commission to hand over documents involving internal discussions made by Chair Gary Gensler. Years before the SEC sued Coinbase, the agency's commissioners and staff met with crypto market stakeholders, including Coinbase, and posted public statements and guidance about crypto regulation, Coinbase said in its motion on Wednesday. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Spot Ethereum ETFs get final sign off to begin trading Tuesday Some spot Ethereum exchange-traded funds have received the go-ahead and can begin trading on Tuesday, following weeks of back-and-forth on edits to registration statements. The U.S. Securities and Exchange Commission allowed registration forms from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck and Invesco Galaxy to go effective as of Monday afternoon. Registration forms for the Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust also went effective on Monday. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden's Election Decision On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $37.32 million in bitcoin long positions over the past 24 hours and over $100 million in longs across the entire crypto market. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

📣 JPMorgan says crypto rebounds ahead unlikely to be sustained JPMorgan analysts say that any rebound in crypto prices from this point is likely to be tactical — temporary and strategic — rather than the start of a lasting upward trend. They note that bitcoin’s current price of around $67,500 is high compared to its production cost of about $43,000 and its volatility-adjusted comparison to gold, which is around $53,000. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Five spot Ethereum ETFs, including Fidelity, will launch on July 23, exchange Cboe says in notices Spot Ethereum exchange-traded funds, including ones from Fidelity and VanEck, will begin trading on July 23, according to exchange Cboe. Cboe, where many of the proposed Ethereum ETFs will trade, disclosed that they will begin trading next week. These include the Fidelity Ethereum Fund, the Franklin Ethereum ETF, the Invesco Galaxy Ethereum ETF, the VanEck Ethereum ETF and the 21Shares Core Ethereum ETF. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Polygon plans to migrate MATIC to POL token on Sept. 4 Polygon is set to undergo a mainnet upgrade on Sept. 4, 2024, transitioning from its native token, to a new token with the ticker POL and fresh smart contracts, following community approval of the proposal. Post-upgrade, POL will replace MATIC to be the primary token for gas fees and staking within the network during the initial phase. POL is expected to maintain MATIC's existing tokenomics, distribution and total supply. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🐶 After famous Notcoin, Telegram organized new airdrop among users: #DOGS! Your airdrop depends on ⚫ Account age ⚫ Telegram premium sub ⚫ OG status Check and claim your #DOGS here You can sell your tokens on Bitget premarket, price is around $0.01!

🪙 Bitwise CIO predicts Ethereum ETF inflows will push ether prices to all-time highs above $5,000 Matt Hougan, Chief Investment Officer at crypto asset manager Bitwise, said spot Ethereum exchange-traded fund inflows could have a bigger impact on ether upon launch than the equivalent products did for bitcoin. He said he expected the first few weeks once the Ethereum ETFs go live to be “choppy” for the second largest cryptocurrency by market cap as funds potentially flow out of the $11 billion Grayscale Ethereum Trust (ETHE) after its conversion to a spot ETF. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator. 🤝 @Cryptocurrency_Inside ✅

💰 Bitcoin buy propels Metaplanet stock up 10%, total holdings now 225 BTC Japan-based Metaplanet said it has acquired additional Bitcoin, according to a July 16 statement. Metaplanet furthered that this acquisition aligns with its prior announcement of plans to invest ¥1 billion in Bitcoin as part of its ongoing strategy to adopt the top crypto as a treasury reserve asset. Last month, it set up a subsidiary, Metaplanet Capital Limited, in the British Virgin Islands to enhance its Bitcoin management and expand into new regions. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Spot Ethereum ETFs likely to launch July 23: Sources Spot Ethereum ETFs will likely begin trading on Tuesday, July 23, according to multiple sources. After Bloomberg Senior ETF Analyst Eric Balchunas posted on social media site X naming July 23 as the launch date, sources at two issuers confirmed to The Block the information in Balchunas's post. "Hearing SEC finally gotten back to issuers today, asking them to return final S-1s on Wed (incl fees)," Balchunas posted on X Monday. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇺🇸 Trump to Address Bitcoin 2024 Conference Despite Assassination Attempt Former President Donald Trump, who survived an assassination attempt during a rally in Pennsylvania on July 13, is reportedly still scheduled to address the Bitcoin 2024 Conference, taking place in Nashville from July 25 to July 27. According to David Bailey, CEO of Bitcoin Magazine and cryptocurrency advisor to the Trump campaign, he spoke with Trump’s team after the incident and was informed of the former President’s intention to attend. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. The price of bitcoin (BTC) exceeded the $60,000 threshold on Sunday, following a price boost triggered by the assassination attempt on former President Donald Trump. Over the past day, the global crypto market cap grew by 2.2%, reaching $2.21 trillion. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and the cryptocurrency industry. “The court’s ruling that XRP is not a security will not change,” Ripple’s legal chief emphasized, noting that “even the SEC told the court it will not challenge that conclusion.” Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Kraken exec expects Ethereum ETF launch to ‘lift all boats’ Kraken Head of Strategy Thomas Perfumo said spot Ethereum (ETH) ETFs could help the crypto sector while commenting on political developments in the US. He said that the crypto market is “pricing in” $750 million to $1 billion of net inflows to Ethereum products on a monthly basis, which would imply that Ethereum could reach all-time highs between $4,000 and $5,000. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🚀 Exciting News! 🚀 Hey everyone! 🌟 Ready to get your hands on a FREE Airdrop? 🤑 Click on the link below to join the fun! 🔗 Join the Bot Rumor has it that this amazing opportunity is brought to you by the same team behind NotCoin! 🌐✨ Don't miss out on this chance to start the bot and claim your free airdrop. 🎉 Hurry up, you don't want to be the only one missing out! 🚀💰 👉 Start Now #Airdrop #Crypto #Freebies #JoinNow

🇵🇾 Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now, individuals and companies found to be stealing energy for cryptocurrency mining activities will face jail time for up to 10 years, while energy theft for other purposes will face penalties for up to three years. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 US Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s IBIT leading by bringing in $72.09 million. Among the 11 spot bitcoin ETFs trading in the U.S., a total of $78.93 million was recorded in inflows, with IBIT capturing the bulk by securing $72.09 million. At the time of writing, data from the IBIT web portal indicates that Blackrock’s BTC fund now holds 314,204.3 BTC. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇺🇸 SEC Withdraws Enforcement Action Against Paxos' BUSD Stablecoin The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning the BUSD stablecoin, which is backed by the U.S. dollar and issued in partnership with Binance. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Ethereum ETF issuers eagerly waiting on the SEC to provide details on potentially final filings: Sources Prospective Ethereum ETF issuers are eagerly waiting on the U.S. Securities and Exchange Commission to provide updates on the pending launches after handing in their latest S-1 forms on July 8. "The next step would be to hear from the SEC on what's next. Do they want final drafts? by when?" said a source at one issuer. They noted that what they hear from the agency next will be highly informative. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

📣 BitMEX pleads guilty to violating the Bank Secrecy Act in anti-money laundering case Crypto exchange and derivative trading platform BitMEX pled guilty Wednesday to violating the Bank Secrecy Act, according to a statement from the U.S. Attorney for the Southern District of New York, saying that BitMEX willfully failed to establish, implement, and maintain an adequate anti-money laundering program. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇦🇺 Australia’s ASX Welcomes Another Bitcoin ETF with DigitalX Launch DigitalX Limited, a digital asset fund manager, announced today the successful approval and upcoming launch of its spot Bitcoin ETF on the Australian Securities Exchange (ASX). DigitalX has partnered with ASX-listed K2 Asset Management, which will serve as the Responsible Entity and issuer for the ETF. K2 brings experience in managing ASX-listed ETFs, compliance systems, and meeting Australian financial services license requirements. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇩🇪 German receives small CoinJoin deposits amid ‘negligible’ $326 million Bitcoin sales The German government’s Bitcoin wallet received a small amount of Sats from a CoinJoin address amidst its significant selling activity. On-chain data from the crypto analytical platform Arkham Intelligence revealed that the German government wallets received less than $10 in three transactions from CoinJoin addresses today. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Cboe BZX files forms for Solana ETFs by 21 Shares and VanEck as process to obtain regulatory approval trudges on Exchange Cboe BZX filed forms for proposed Solana exchange-traded funds from VanEck and 21Shares as both firms look to launch first-of-its-kind products. Cboe BZX filed Form 19b-4s on Monday for the 21Shares Core Solana ETF and for the VanEck Solana Trust. The form is an application filed with the U.S. Securities and Exchange Commission to let the agency know of a proposed rule change. The form is a part of the process for getting the agency's approval for a crypto ETF. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin’s price drop created $441 million buying frenzy for crypto investment products Bitcoin’s recent price struggles presented investors with “buying opportunities,” resulting in the inflow of $441 million into crypto-related investment products, according to CoinShares‘ latest report. James Butterfill, the head of research at CoinShares, explained that digital assets experienced heavy volatility last week due to selling pressures from the German government and news of defunct Mt. Gox’s repayments. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🪙 Tron to develop gasless stablecoin transfers by Q4 Justin Sun, the founder of Tron, announced on July 6 in a post on X that his team is working on enabling gas-free peer-to-peer (P2P) stablecoin transfers. In a post on X, Sun noted that this would mean that stablecoin “transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves.” Sun, however, did not elaborate on how the gasless mechanism would work. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

📊 Web3 Users Surge by 40%, Reaching Historic High in Q2 In the second quarter of 2024, Web3 user engagement hit an all-time high, with approximately 10 million daily unique active wallets (dUAW), marking a 40% increase from Q1. According to a July 4 report by blockchain analytics platform DappRadar, the unprecedented growth spanned various sectors of the decentralized application (DApp) industry, leading to an overall bullish trend. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bit Digital, Iris Energy report declining Bitcoin output, rise in hash rate YoY Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside reduced BTC output since April. Bit Digital reported a hash rate of 2.57 exahashes per second (EH/s) as of June 30, up from 2.54 EH/s in May and 1.78 EH/s in June 2023. The firm produced 61.7 BTC in June, down 2.5% from May. In earlier reports, the company said it produced 63.3 BTC in May and 119.3 BTC in April. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin suffers fifth largest realized loss since FTX collapse amid Mt. Gox panic Bitcoin’s recent price dip to around $54,000 has triggered one of the largest realized losses since the FTX collapse, specifically the fifth biggest realized loss since. This significant sell-off is primarily attributed to panic selling spurred by news related to Mt. Gox. On July 5, within a one-hour resolution, Bitcoin’s aggregated realized loss soared to $814 million. $587 million of these losses were incurred by short-term holders who had held Bitcoin for one to three months. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s BTC liquidation, Tron founder Justin Sun has offered to purchase the remaining bitcoin off-market from the German government to minimize any price impact on the cryptocurrency. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

📊 Crypto VC investment ‘continued rebound’ in Q2 with $3.2 billion invested – Galaxy Venture capital investments in crypto continued to rebound in the second quarter, with a total $3.2 billion invested during the period — up 28% compared to $2.5 billion in the previous quarter, according to Galaxy Digital latest research report. Galaxy noted the second quarter’s median pre-money valuation is the highest since the fourth quarter of 2021 and represents an almost all-time high. It attributed the surge to a more competitive market, giving companies greater negotiation leverage in deals. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🏦 KuCoin to enforce 7.5% VAT on Nigerian trades amid regulatory changes Crypto exchange KuCoin said it would start collecting a 7.5% value-added tax on trading fees from its Nigerian users on July 8. The platform explained that the 7.5% fee would be applied to each trade’s transaction fees, not the transaction amount. It added that the fee covers all transaction types that Nigerian users can perform on its platform. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus