Tether has appointed Simon McWilliams, an expert in alternative asset management, as its new Chief Financial Officer (CFO). According to a statement by the company, Simon McWilliams, who previously held CFO positions at Quantmetrics Capital Management and LetterOne in the United Kingdom, will step into the role previously held by Giancarlo Devasini, who has transitioned … Read more
The cryptocurrency market has turned red again, just a day after President Donald Trump promised that his administration would create a U.S. crypto reserve. Immediately after his announcement on Truth Social, the social media app he owns, the prices of digital assets surged across the board. His preferred cryptocurrencies—Bitcoin, Solana, Cardano, Ripple, and Ethereum—all went green … Read more
Bitcoin (BTC), Solana (SOL), XRP, and Cardano (ADA) saw a surprising spike on Sunday, March 2, 2025, after President Donald Trump tweeted that his administration would establish a U.S. Crypto Strategic Reserve. The announcement came just hours after the Office of Communications stated that the White House would host its first-ever crypto summit, scheduled for … Read more
Cryptocurrency professionals and blockchain stakeholders will converge at the White House on March 7, 2025, to discuss responsible growth and the use of digital assets. This marks the first-ever crypto summit hosted at the invitation of the White House, bringing together members of the President’s Working Group on Digital Assets, prominent figures in the crypto … Read more
Bitcoin started the month at $102,402.80 per BTC and closed at $84,373.01, with a market capitalization of $1,673,219,380,516 at the end of the month. It was a month characterized by panic selling, which briefly pushed the price below $85K before recovering to $90K. However, BTC struggled to maintain this level and eventually fell below $85K. … Read more
The author of Rich Dad Poor Dad says he is always happy whenever Bitcoin crashes, giving him leverage to add more BTC to his digital asset portfolio, regardless of its volatility. Since BTC reached an all-time high of $109,114.88 on January 20 this year (2025), the market has been volatile, trading below $90K at the … Read more
January 20, 2025, marked a significant milestone for Bitcoin as it reached an all-time high (ATH) of $109,114.88. The month was characterized by high volatility before Bitcoin hit this new record. Although the price initially faced resistance after touching $100K—trading below the mark for a brief period—it regained momentum on January 17, maintaining a value … Read more
Bitcoin price closed at $93,429.20 at the end of 2024, with market capitalisation closing at $1,850,183,342,119. Here is the price of BTC against the US dollar from December 1 to December 31, 2024: Date Open Close Dec. 31 $92,643.25 $93,429.20 Dec. 30 $93,527.20 $92,643.21 Dec. 29 $95,174.06 $93,530.23 Dec. 28 $94,160.19 $95,163.93 Dec. 27 $95,704.97 $94,164.86 … Read more
What Are Dollar Fund Investments? Dollar fund investments are investment vehicles designed to provide returns for investors holding US dollars while also serving as a hedge against inflation when a local currency is devalued. Benefits of USD fund investment 1) Edge against inflation: Ever since Nigeria de-pegged its currency from the US dollar, many international traders … Read more
A member of Nigeria’s political movement has exposed a plan by a perceived opportunist to use the Obidient Movement to launch a memecoin, $OBICOIN, ahead of the 2027 general elections. In a now-viral tweet on X, Morris Monye, a supporter of Peter Obi—the presidential candidate of the Labour Party (LP) during the 2023 elections—shared a … Read more
A Japanese Bitcoin treasury firm, Metaplanet, has issued JPY 2 billion (approximately $13.4 million) in 0% bonds to fund additional Bitcoin purchases, adding to its existing BTC reserves. The BTC treasury firm announced this on its X handle (formerly Twitter) on Thursday, February 27, 2025, marking its latest move in a series of purchases that … Read more
Co-founder and former CEO of Binance, Changpeng Zhao (popularly known as CZ), has alleged that a Philippine-based local cryptocurrency operator is behind Binance’s inability to operate in the country. CZ, who did not mention the specific rival, made the accusation on Wednesday while responding to a Filipino crypto trader, @Kenneth_TCG, who asked: “Will you be … Read more
Controversial American rapper and record producer Kanye West, popularly known as Ye, has hinted at plans to launch a new cryptocurrency called YZY tokens. His announcement comes just days after he dismissed memecoins as “useless” in a now-deleted tweet on X. Though he hasn’t revealed an official launch date, he disclosed that the new memecoin … Read more
In the ever-changing and volatile cryptocurrency landscape, cloud mining has become a transformative way for investors to earn passive income without the expense or hassle of traditional mining facilities. As 2025 approaches, STG Energy is leading the charge by launching a groundbreaking and user-friendly platform that makes the power of cryptocurrency mining accessible to everyone. … Read more
The Bybit hack displaced Mt. Gox, the Poly Network exploit, and other known exchange hacks on February 21, 2025, as the company officially announced that hackers had stolen $1.4 billion in ETH. No hack has surpassed the Bybit loss. Africrypt, which would have matched that record by losing $3.6 billion to hackers in 2021, was … Read more