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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

Market Update August 21

Reading Time: < 1 minuteThe cryptocurrency market experienced a slight downturn in the past 24 hours, with Bitcoin and Ethereum both recording declines.

August 21, 2024August 21, 2024 Chris Smith Market updates

Mt. Gox Moves $700M in Bitcoin to New Wallets

Reading Time: < 1 minuteEarly Wednesday, an address linked to defunct exchange Mt. Gox moved 13,265 BTC, worth $784 million. 

August 21, 2024August 21, 2024 Chris Smith News

Spot Bitcoin ETFs Post Inflow of $88M

Reading Time: < 1 minuteUnited States spot Bitcoin exchange-traded funds (ETFs) have continued to attract positive inflows, with eight out of the past ten trading days showing net inflows.

August 21, 2024August 21, 2024 Chris Smith News

Market Update August 20

Reading Time: < 1 minuteThe cryptocurrency market experienced a surge today, with Bitcoin leading the charge. The world’s largest cryptocurrency gained a solid 3.85%, closing in on the $61,000 mark at $60,845.50.

August 20, 2024August 20, 2024 Chris Smith Market updates

Nigeria Proposes a New Law to Tax Cryptocurrencies

Reading Time: < 1 minuteNigeria’s Federal Inland Revenue Service (FIRS) is set to introduce a tax on the crypto industry. The tax bill is expected to be presented to parliament for approval by September. 

August 20, 2024August 20, 2024 Chris Smith News

Tether Expands USDT to Aptos Network

Reading Time: < 1 minuteTether has announced the expansion of its USDT stablecoin to the Aptos blockchain. This move adds to USDT’s existing presence on networks like Ethereum, Tron, Avalanche, Celo, and Solana. 

August 20, 2024August 20, 2024 Chris Smith News

Market Update August 19

Reading Time: < 1 minuteThe world of cryptocurrency has been buzzing with activity over the past 24 hours, with major coins like Bitcoin and Ether experiencing interesting price movements.

August 19, 2024August 19, 2024 Chris Smith Market updates

BlackRock’s ETFs Surpass Grayscale’s

Reading Time: < 1 minuteBlackRock’s digital asset exchange-traded funds have overtaken those offered by leading competitor Grayscale in terms of total assets under management.

August 19, 2024August 19, 2024 Chris Smith News

Market Update August 16

Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen a mixed movement in prices. Most major cryptocurrencies have shown a slight increase in value, while others have experienced a small decline.

August 16, 2024August 16, 2024 Chris Smith Market updates

Donald Trump Reportedly Holds $1 Million in Ether

Reading Time: < 1 minuteAccording to election disclosures, Donald Trump owns between $1 million and $5 million worth of Ether (ETH) and earns significant income from licensing fees for non-fungible tokens (NFTs).

August 16, 2024August 16, 2024 Chris Smith News

Dubai Court Says Crypto Salary Payments Are Valid

Reading Time: < 1 minuteThe Dubai Court of First Instance has ruled that salary payments in crypto are valid under employment contracts.

August 16, 2024August 16, 2024 Chris Smith News

Market Update August 15

Reading Time: < 1 minuteThe cryptocurrency market has experienced a slight dip in prices over the past 24 hours.

August 15, 2024August 15, 2024 Chris Smith Market updates

Spot Bitcoin ETFs Post $81M in Outflows

Reading Time: < 1 minute$81.36 million left US spot Bitcoin exchange-traded funds on Wednesday, ending their two-day streak of positive inflows.

August 15, 2024August 15, 2024 Chris Smith News

Market Update August 14

Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen some interesting price movements. Bitcoin has experienced a 3.41% increase in its price, reaching $60,945.54.

August 14, 2024August 14, 2024 Chris Smith Market updates

Hong Kong Court Orders Disclosure of Financial Details of Mantra Chain Operation

Reading Time: < 1 minuteThe Hong Kong High Court has recently mandated the release of financial information relating to the dispute between Mantra DAO, Inc. and RioDeFi Inc. and four former RioDeFi employees.

August 14, 2024August 14, 2024 Chris Smith News

Market Update August 13

Reading Time: < 1 minuteBitcoin has increased by 0.85% to reach a price of $58,948.30. This comes after a period of volatility.

August 13, 2024August 13, 2024 Chris Smith Market updates

Marathon Digital to Purchase Additional Bitcoins

Reading Time: < 1 minuteMarathon Digital Holdings plans to privately offer $250 million worth of convertible senior notes to qualified institutional buyers.

August 13, 2024August 13, 2024 Chris Smith News

SEC Files a Lawsuit Against $650M Crypto Fraud Promoters

Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against NovaTech, a cryptocurrency company, and its married co-founders, Cynthia and Eddy Petion.

August 13, 2024August 13, 2024 Chris Smith News

Gemini Asks US Regulators to Not Ban Event Contracts

Reading Time: < 1 minuteGemini is urging US regulators to withdraw a proposed regulation that would ban all event contracts on decentralized prediction markets.

August 11, 2024August 11, 2024 Chris Smith News

Celsius Files a Lawsuit Against Tether

Reading Time: < 1 minuteCelsius has taken legal action against Tether for alleged misappropriation of assets.

August 11, 2024August 11, 2024 Chris Smith News

Thailand Rolls Out a Regulatory Sandbox for Crypto Projects

Reading Time: < 1 minuteThailand’s Securities and Exchange Commission (SEC) is initiating a new initiative to test the implementation of cryptocurrency services through a dedicated regulatory sandbox.

August 9, 2024August 9, 2024 Chris Smith News

US Regulators Put Off Decision on Hashdex Nasdaq Crypto Index ETF

Reading Time: < 1 minuteAccording to a regulatory filing on August 9, United States regulators have requested additional time to decide whether or not to allow the Hashdex Nasdaq Crypto Index ETF to be listed on Nasdaq’s electronic securities exchange.

August 9, 2024August 9, 2024 Chris Smith News

Singapore’s Regulator Grants a Payment License to BitGo

Reading Time: < 1 minuteCryptocurrency custody firm BitGo is expanding its global presence by obtaining regulatory approval in Singapore, known as one of the world’s most crypto-friendly countries.

August 8, 2024August 8, 2024 Chris Smith News

Franklin Templeton Rolls Out its Money Fund on Arbitrum Blockchain

Reading Time: < 1 minuteFranklin Templeton has today announced the launch of its tokenized money fund on the Arbitrum network, as part of its efforts to bridge the gap between traditional and decentralized finance.

August 8, 2024August 8, 2024 Chris Smith News

IMF to Help El Salvador Reduce Bitcoin-related Risks

Reading Time: < 1 minuteThe IMF has issued a statement following their recent visit to El Salvador, focused on supporting the country’s medium-term growth and addressing risks associated with Bitcoin.

August 7, 2024August 7, 2024 Chris Smith News

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  • bitcoinBitcoin (BTC) $ 67,873.00 0.04%
  • ethereumEthereum (ETH) $ 1,971.87 0.53%
  • tetherTether (USDT) $ 0.999633 0.01%
  • xrpXRP (XRP) $ 1.42 0.6%
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  • solanaSolana (SOL) $ 84.87 0.49%
  • tronTRON (TRX) $ 0.287659 1.08%
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