Millionaires flock to crypto: 82% sought investment advice in 2022
    31 Jan 2023
    536 Views

    A recent study from deVere Group found a majority of their clients had asked their financial advisers about adding crypto to their portfolios. Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin in 2022, according to a recent poll conducted by financial advisory firm deVere…

    Elon Musk wants Twitter payments system built with crypto in mind
    31 Jan 2023
    514 Views

    Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future. Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future. According to a Jan….

    Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
    30 Jan 2023
    486 Views

    The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000. The price of Bitcoin in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into digitalized cash. At the time of writing, the price of 1 BTC on Nigerian crypto exchange NairaEX is…

    Aussie regulator flagged concerns about FTX months before collapse: Report
    30 Jan 2023
    487 Views

    Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents. Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as much as eight months before the exchange met its untimely end in November. According to documents obtained by Guardian Australia, officers of the Australian Securities…

    Bitcoin eyes $25K as BTC price nears best weekly close in 5 months
    30 Jan 2023
    432 Views

    Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years. Bitcoin spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed. Trader on Bitcoin: $25,000 “in sight” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498…

    South Korea to deploy cryptocurrency tracking system in 2023
    29 Jan 2023
    542 Views

    The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance. The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities. The “Virtual…