Crypto Archives - Read Selective

3 min

Crypto

How cryptocurrencies are solving America’s stocks and bonds problem

April 27, 2025

The Trump administration is pressuring trading partners to Buy American — American energy, defense and agricultural products, that is, and as The Wall Street Journal reports, many anxious global leaders, eager to placate the commander in chief and avoid a prolonged trade war, have voiced support for the idea. However, just as foreign leaders are saying they’ll…

3 min

Crypto

North Korean hackers boost Pyongyang’s huge crypto reserve

April 8, 2025

North Korean hackers have stolen the equivalent of billions of dollars in recent years and the nation is seeking to amass even greater wealth through illicit means, experts told DW. Hackers belonging to the Lazarus Group — a notorious North Korean crypto theft ring — stole a record $1.5 billion (some €1.37 billion) in digital tokens from…

2 min

Crypto

Bitcoin drops Sunday evening as cryptocurrencies join global market rout

April 7, 2025

Bitcoin fell below the $78,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 6% at $77,730.03, according to Coin Metrics, after trading above the $80,000 for most of this…

1 min

Crypto

Will Binance Finally List Pi Network? Crypto Fans Await March 14 Decision

March 12, 2025

The crypto space is once again filled with speculation, and this time, it’s about whether Binance — the world’s largest cryptocurrency exchange — will finally list Pi Network (PI) on March 14. Pi Network has already been listed on multiple centralised exchanges (CEXs), but Binance has yet to make a move. In February, an overwhelming 86% of…

4 min

Crypto

Bitcoin as a US strategic reserve: Does it make sense?

March 9, 2025

Bitcoin is often touted as an alternative to the US dollar, the world’s reserve currency, as only a limited number of coins will ever be produced. Proponents argue that bitcoin’s fixed supply makes it an inflation-proof value store outside the global financial system. Bitcoin is often compared to gold for a similar reason. While central banks worldwide…

2 min

Crypto

Bitcoin falters as optimism wanes on Trump’s crypto reserve plan

March 4, 2025

Bitcoin backpedaled on Monday after an early rise following U.S. President Donald Trump’s weekend proposal for a national strategic reserve of cryptocurrencies. Optimism on digital currency after Trump’s Sunday post on Truth Social turned to caution as market participants awaited more details about this crypto initiative. The world’s largest cryptocurrency, bitcoin, rose 2.4% from Friday’s levels, to…

3 min

Crypto

Trump names cryptocurrencies in strategic reserve, sending prices up

March 3, 2025

U.S. President Donald Trump on social media announced the names of five digital assets he expects to include in a new U.S. strategic reserve of cryptocurrencies on Sunday, spiking the market value of each. Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including…

4 min

Crypto

Man wants to search dump for lost hard drive with Bitcoin fortune – here are his odds of finding it

February 28, 2025

James Howells is considering buying a council dump in South Wales after his former partner accidentally threw away a hard drive containing his Bitcoin wallet. Howells has already lost a high court case to allow him to search the tip for the hard drive, which he believes contains bitcoin worth £600 million, or US$757,284,000. But would it…

2 min

Crypto

Crypto’s charms leave some investors in Davos cold

January 24, 2025

Despite watching Bitcoin’s scorching run past $100,000 and the inauguration of Donald Trump, who has pledged to be a “crypto president” in the U.S., some of the world’s largest investors said this week they still plan to stay on the sidelines. “I am not an advocate, nor a critic … it is not what it was supposed…

3 min

Crypto

Trump’s new meme coin soars on his first day in office, lifts other tokens

January 21, 2025

Trump’s meme coin Donald Trump’s newly-created cryptocurrency, also known as $TRUMP, has risen in market value since its launch. U.S. President Donald Trump’s new crypto token soared to more than $10 billion in market value on Monday, while enthusiasm over his crypto-friendly administration helped briefly lift bitcoin to a new record. Launched Friday night, Trump’s so-called “memecoin”…

2 min

Crypto

US regulator warned banks on crypto but did not order halt to business

January 4, 2025

A U.S. bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but did not order them to stop providing banking services to crypto companies contrary to industry complaints of widespread “debanking,” according to documents released on Friday. A judge ordered the Federal Deposit Insurance Corporation to provide versions of supervisory “pause letters”,…

1 min

Crypto

Crypto scam victims lose more than $1 billion since 2021 – FTC

June 4, 2022

More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post or a message on a social media platform, according to…

3 min

Crypto

Russia Approves Bitcoin Payments for Oil & Gas

March 27, 2022

Previous to sanctions, Russia’s restrictions on cryptocurrencies were inexorable, contrary to what is proposed now. The Chairman of the State of Duma Committee on Energy Pavel Zavalny said that Russia will now accept Bitcoin payment for oil. He made the announcement at a press conference on Thursday. However, Russia specified that only China and Turkey could pay for oil…

2 min

Crypto

Cryptocurrency Prices Today on March 22: BTC continues to slide as ETH, ADA clock gains

March 22, 2022

The global cryptocurrency market-capitalisation rose 0.53 percent over the last 24 hours to stand at $1.87 trillion. Trading volumes also jumped 13.96 percent to $89.28 billion during this period. The total volume in the decentralised finance (DeFi) space stood at $13.39 billion, around 15 percent of the aggregate 24-hour cryptocurrency trading volume. The total volume in stablecoins stood at $74.90…

1 min

Crypto

Russian oligarchs and officials are reportedly using crypto to protect millions from sanctions

March 16, 2022

Sanctions may have thrown Russian businesses for a loop, but leaders of the country are reportedly using cryptocurrency to bypass the recent sanctions against the country.Blockchain analysis firm Elliptic has tracked down a crypto wallet, which has ‘significant asset holdings’. In an interview with Bloomberg, the co-founder – Tom Robinson – revealed that the wallet likely contains millions…

1 min

Crypto

Solana NFT Marketplace Magic Eden Looking to Challenge OpenSea

March 15, 2022

Some venture capitalists hope that the Ethereum-based OpenSea will soon take a backseat to Magic Eden, a new NFT marketplace on Solana. Forty-three percent of all NFT purchases take place on OpenSea, with $23.3B in total sales, according to research firm DappRadar. But it is limited by the blockchain it operates on, which is Ethereum. Venture capital titan Sequoia Capital has set its sights on Magic Eden, a…

1 min

Crypto

Terra CEO Do Kwon Bets $1M That LUNA Price Won’t Fall Below $88

March 15, 2022

Do Kwon, co-founder and CEO of Terraform Labs, has taken a $1 million wager that the price of LUNA will not fall below $88 by one year from now. “Cool. I’m in,” Do Kwon wrote on Twitter on March 13, in response to a challenge issued by a self-proclaimed ‘semi-retired degen’ going by the name of ‘Sensei Algod.’ LUNA an ‘overpriced…

1 min

Crypto

Clipart rock NFT worth $1 million accidentally sold for less than a penny

March 14, 2022

A non-fungible token (NFT) collector accidentally sold his Clipart rock NFT worth $1 million for less than a penny. They listed their valuable NFT for 444 Wei instead of 444 ETH. Wei is the smallest unit of Ether and one Wei is equal to one quintillionth of an Ether. A non-fungible token (NFT) is a crypto asset…

1 min

Crypto

How to create and sell NFTs for free; know details

March 13, 2022

Business Today explains how you can mint your NFT for free on three platforms. Do you know what is common between Kalpana Chawala, Deadpool, Amitabh Bachchan, Neo from Matrix, Micheal Jordan, Batman and the Ukrainian flag? All of them have launched their own Non-Fungible Tokens (NFTs). NFTs are all the rage right now. But don’t worry, you…

1 min

Crypto

Bitcoin (BTC) Pumps for Short Time as Biden Signs Executive Order on Crypto

March 11, 2022

The crypto market gives a thumbs up to Biden’s crypto executive order which sets to bring clear regulations in place. This is likely to boost institutional participation in the crypto space. On Wednesday, March 9, the Joe Biden administration signed the much-awaited executive order on cryptocurrencies. The executive order points federal agencies to work on regulations for the crypto…

1 min

Crypto

Cryptocurrency Prices Today March 10: BTC, ETH, ADA clock up marginal gains

March 10, 2022

Cardano was up 1.25 percent to Rs 65.12 and Avalanche jumped 1.52 percent to Rs 6,053.005. Polkadot was up 0.82 percent to Rs 1,379.18 and Litecoin rose 1.82 percent to Rs 8,294.87 in the last 24 hours. Tether was down 0.49 percent to Rs 78.95 The global cryptocurrency market capitalisation rose 3.77 percent over the last 24 hours…

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