'Femi Michael, Author at Cryptotimes Africa

Canadian ETFs lead way as global assets in spot bitcoin funds hit US$4.16-billion

by 'Femi Michael November 3, 2023

Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total $4.16 billion, according to CoinGecko, a cryptocurrency data and analysis company. Nearly half of that sum, or $2 billion, is invested in the seven spot bitcoin…

Coins

US Treasury: Court dismisses Coin Center’s Tornado Cash lawsuit

by 'Femi Michael November 2, 2023

The virtual currency mixer was sanctioned by the Treasury in 2022 as a widely-used money laundering protocol for North Korean interests. A U.S. district court has dismissed Coin Center‘s lawsuit against the U.S. Treasury, in which the crypto advocacy group claimed that the…

Coins

Spain to implement MiCA in 2025

by 'Femi Michael November 1, 2023

The Spanish Ministry of Economy and Digital Transformation has announced that it will begin implementing MiCA at the national level in December 2025, six months before the July 2026 general deadline for implementing the crypto framework for all 27 member states of…

Bitcoin

2024, UK might implement first set of crypto regulations

by 'Femi Michael November 1, 2023

The government of the U.K. has completed its review of comments received from the public regarding its proposed regulatory regime for crypto assets and has decided to move forward with implementing the first set of rules to regulate the crypto sector, including…

Vantard teases 100X; poised to become the world’s fastest growing crypto fund

Bitcoin Coins

Investors bet on regulator’s green light unleashing new wave of interest in cryptocurrency

by 'Femi Michael October 31, 2023

New York — Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment with an exchange-traded fund that tracks its price. But will it strike gold? The world’s biggest cryptocurrency has leapt 28% in October, with investors betting…

Bitcoin

Bitcoin Bullish Outlook as Whales Accumulate

by 'Femi Michael October 31, 2023

Bitcoin price moved sideways on Tuesday even as investors moved to relatively risky assets. The BTC/USD pair was trading at 34,400, where it has been in the past few days. This price is a few points below the year-to-date high of 35,133.…

Bitcoin

BTC & altcoins show promising growth

by 'Femi Michael October 29, 2023

The cryptocurrency market in 2023 has seen significant growth, with Bitcoin's 106% increase being outshone by several altcoins. Rollbit Coin led the charge with a remarkable surge of 7,429%, followed by Pendle at 1,807%, and Injective at 961%. Other notable performers included…

Bitcoin Coins

Bitcoin Dominance Hits Fresh 30-Month High

by 'Femi Michael October 26, 2023

Bitcoin's bullish momentum could prove a harbinger of an altcoin rally, one analyst noted. Bitcoin's crypto market share surged to 54.4%, the highest since April 2021. BTC outperforms altcoins due to the spot ETF and safe haven narratives, one analyst noted. Crypto…

Bitcoin Coins

‘No evidence’ Hamas raised millions in crypto, Elliptic says

by 'Femi Michael October 26, 2023

Elliptic says that crypto has a “weakness” as a fundraising tool: the public nature of blockchain technology Elliptic pushed back against a Wall Street Journal report from earlier this month alleging that Hamas used crypto as a way to fund its attacks on…

Bitcoin News

Crypto: Triple-A gets funding from Peak XV to help more businesses

by 'Femi Michael October 26, 2023

Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It enables clients to pay in or accept crypto and get fiat money in their…