Gold Price Decline Intensifies as Middle East Tensions Strengthen the US Dollar: A 2025 Market Shock
The U.S. House of Representatives approved bill FIT21 by a majority of 279 to 136, pushing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century Act (FIT21) could significantly impact the cryptocurrency market, signaling bullish sentiment across the market. This bill is a significant step toward comprehensive…
We’re excited to announce we have obtained a Markets in Financial Instruments Directive (MiFID) license in the EU. The license was obtained through the acquisition of a Cypriot Investment Firm, which was recently approved by the Cyprus Securities and Exchange Commission (CySEC). This milestone marks a significant step in our expansion strategy, allowing us to…
The Nigerian government received nearly $100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to naira and vice versa. The two Nigerian cryptocurrency firms, Paparaxy Global Ventures Limited and Lemskin Technologies Limited were accused of operating without a banking license. Plea Agreement The Nigerian Federal Government recently received nearly $100,000 (NGN160…
Aptos Foundation in collaboration with OKX’s venture arm has announced a new $10 million fund to support projects on the blockchain. The Aptos Foundation, in collaboration with OKX Ventures, has announced the launch of a $10 million fund aimed at nurturing projects on the Aptos blockchain. The joint fund dubbed Ankaa will be used to…
Strategy CEO Michael Saylor has reiterated that Bitcoin is “going up forever” after the leading cryptocurrency surpassed the $121,000 level for the first time earlier this Monday. The top cryptocurrency is seemingly going parabolic, currently approaching the $123,000 level amid a relentless rally. With a year-to-date gain of 31%, Bitcoin has already caught up with…
Wyoming Senator Cynthia Lummis has raised serious concerns about the Federal Deposit Insurance Corporation’s (FDIC) handling of cryptocurrency oversight. She has accused the agency of misconduct, citing reports from whistleblowers who allege that critical documents were destroyed and employees were pressured to stay silent. In a letter sent on January 16 to FDIC Chair Marty…