Crypto News - Dipprofit

Crypto News

1 day ago

Africa Bitcoin Corporation Goes Live on JSE, Secures $633,000 in Landmark BTC Treasury Fundraise

Johannesburg has just cemented its place on the global crypto map. South Africa’s Altvest Capital, a name previously associated with traditional financial services, has completed its groundbreaking rebrand to Africa Bitcoin Corporation (ABC), becoming the continent’s first publicly-listed company dedicated to building a Bitcoin (BTC) treasury. The announcement sends a clear signal to capital markets…

Victor Chijioke09 mins

Crypto News

2 days ago

Mainland China Firms Reportedly Retreat from Hong Kong Stablecoin Licensing After Policy Shift

Hong Kong’s ambitious push to become a global Web3 hub just hit a significant snag. A bombshell report from local news outlet Caixin on Thursday reveals that mainland Chinese firms operating in the Special Administrative Region are reportedly facing imminent restrictions on their cryptocurrency and stablecoin activities. This development is already forcing major players, including…

Victor Chijioke010 mins

Crypto News

2 days ago

Bitcoin Defies Hotter August Inflation, Holds $114,000 as Fed Cut Odds Shift

Bitcoin is holding its ground, flirting with $114,000 this morning, even as fresh consumer price index data reveals August inflation climbed to 2.9% annually, driven by a 0.4% monthly increase. This figure significantly outpaced July’s 0.2% monthly rise. The immediate market reaction saw BTC remain remarkably steady, gaining a mere 0.3% in the past day…

Victor Chijioke08 mins

Crypto News

1 year ago

Breaking : U.S Bitcoin ETFs See Net Inflows Again

U.S Bitcoin ETFs recently saw money coming in again after a long period of money flowing out. Data from SoSoValue, a company based in Singapore, shows that U.S Bitcoin ETFs had net inflows of $28.72 million on September 9. This comes after weeks of money being pulled out from these funds, which started on August…

Xavi Pepple05 mins

Crypto News

1 year ago

Breaking : Bitcoin Price Today Increases Due To Key Reasons

Bitcoin price today jumped over 3% in the last 24 hours, reaching $57,896 before settling around $56,600 early on Tuesday, September 10. The bullish Bitcoin price today also helped boost the altcoin market, with the total crypto market value going back up to $2 trillion. Most of the $126 million in liquidations over the past day…

Xavi Pepple03 mins

Crypto News

1 year ago

Breaking : Spot Bitcoin ETFs Saw $1.2B Outflows in 8 days.

Spot Bitcoin ETFs saw $1.2 billion pulled out over eight days, even though they grew in 2024. The 12 U.S. spot Bitcoin ETFs together lost this amount between August 30 and September 6. This marked the longest period of withdrawals since these spot Bitcoin ETFs were introduced in January. The withdrawals came as Bitcoin prices dropped,…

Xavi Pepple03 mins

Crypto News

1 year ago

Changpeng Zhao Banned From Administrative Roles at Binance, Keeps 90% Stake Control

Changpeng Zhao, who started Binance, is no longer allowed to run the company. This was confirmed by the current CEO, Richard Teng. The ban happened after Changpeng Zhao admitted to helping with money laundering and breaking U.S. laws. Because of this, the U.S. Department of Justice (DOJ) has permanently stopped him from being involved in…

Xavi Pepple04 mins

Crypto News

1 year ago

Ethereum’s Price Pattern Echoes 2016’s Massive Surge

Ethereum, the second-biggest cryptocurrency, has not met investors’ expectations this year, especially when compared to Bitcoin. Over the past six months, Ethereum’s price has dropped around 35%. This downward trend has continued even after spot Ether exchange-traded funds (ETFs) started in the U.S. in July. In the last 30 days, Ethereum’s price has lost 23% and…

Xavi Pepple04 mins

Crypto News

1 year ago

Elon Musk Wins $258B Dogecoin Lawsuit

Elon Musk, the head of Tesla, won a lawsuit where he was accused of unfairly changing the price of Dogecoin (DOGE). The case, which sought $258 billion in damages, was dismissed on August 29 by U.S. District Judge Alvin Hellerstein in New York. The lawsuit, filed in June 2022, was brought forward by a group of…

Xavi Pepple04 mins

Crypto News

1 year ago

Breaking : Pavel Durov, The Founder and CEO of Telegram, Released But Not Allowed To Leave France

After going to court, he was placed under judicial supervision, which has drawn a lot of attention. French prosecutors charged Pavel Durov because of his role as Telegram CEO. See Also: Arrest of Telegram CEO Wasn’t Political Says President Macron Release Conditions For Pavel Durov To be released, Pavel Durov had to pay 5 million…

Xavi Pepple03 mins

Crypto News

1 year ago

Breaking : TON Blockchain Recovers After DOGS-Related Outage

The TON blockchain, backed by Telegram, had a big problem on August 28th when it stopped making new blocks for nearly seven hours. This happened because there was too much activity on the network due to the launch of a new memecoin called DOGS. The last block created before the stop was number 39987437, but…

Xavi Pepple04 mins

Crypto News

1 year ago

Breaking : “Arrest of Telegram CEO Wasn’t Political” Says President Macron

French President Emmanuel Macron clarified that the arrest of Telegram CEO Pavel Durov was not a political decision but part of a legal investigation. Macron posted online, saying that France values freedom of speech, communication, and business. He stressed that in a country where laws are respected, freedoms are protected to ensure the safety of…

Xavi Pepple03 mins

Crypto News

1 year ago1 year ago

Breaking : Shiba Inu Team Starts Decentralized Organization

The Shiba Inu team, responsible for the 13th largest cryptocurrency, is getting ready to launch a decentralized group known as a DAO. On August 25, Lucie, who handles marketing for the Shiba Inu team, shared on social media that this new DAO will let people who own the coin vote on new ideas and decisions about…

Xavi Pepple04 mins

Crypto News

1 year ago

Breaking : Fed Rate Cuts Confirmed as Bitcoin and Ethereum Prices Climbs To $63K and $2.7K Respectively

Bitcoin’s price went up to over $62,000, and Ethereum reached $2,700 after Jerome Powell, the Chair of the US Federal Reserve, mentioned that Fed rate cuts are likely coming soon, possibly in September. Powell’s comments during his speech at the Jackson Hole event on Friday hinted that the Fed is planning Fed rate cuts, which…

Xavi Pepple05 mins