Joseph Rees

Aftermath: 86% of Libra Investors Lost Money

Around 86% of traders who own $LIBRA lost their investments, data from research firm Nansen revealed. What’s the Significance? This incident demonstrates how a national government’s endorsement can cause chaos in the crypto market, potentially influencing other regulators’ willingness to adopt blockchain-based applications. (Read more: Everything to Know About the $LIBRA Memecoin Scandal: From $4.5…

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Regulatory Hurdles Fail to Deter Binance’s Popularity in Nigeria

Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods. Binance Stands out Despite Ongoing Dispute With Nigerian Officials Binance has been ranked the number one cryptocurrency exchange for Nigerians primarily because of its robust peer-to-peer (P2P) marketplace, which allows…

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Ark Invest’s Cathie Wood Calls Bitcoin a ‘New Bretton Woods’ Amid Global Currency Uncertainty

Cathie Wood, CEO of ARK Invest, argues financial markets are underestimating the conclusion of a multiyear “rolling recession,” positing that fiscal reforms and technological innovation may spark a deflationary economic surge in late 2025. Cathie Wood Predicts Deflationary Boom Amid Rolling Recession’s Final Phase Cathie Wood highlighted the Federal Reserve Bank of Atlanta’s GDP indicator,…

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Quick Take: Bitcoin and Ether Drop Sparks ₱43.2B in Liquidations as Market Turmoil Continues

The crypto market faced another round of heavy liquidations, with $751.15 million (₱43.2 billion) wiped out in the past 24 hours as Bitcoin and Ethereum extended their declines. Nearly 256,000 traders were liquidated, with a $5.07 million Bitcoin position on BitMEX marking the largest single liquidation. Quick Take delivers key facts fast—concise, clear, and easy to…

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5 Factors Behind Wall Street’s and Crypto’s Trillion-Dollar Market Meltdown

On March 10, 2025, cryptocurrency and U.S. stock markets faced steep declines, with U.S. equities wiping over $1.75 trillion from Wall Street amid policy uncertainty, investor outflows, and external shocks. Billions have also exited the crypto economy. Global Markets Plunge: Trump Tariffs, Crypto Reserve Disappointment Drive Losses Wall Street’s screens flashed red Monday as U.S….

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Tether ($USDT) Is Now A Legally Approved Cryptocurrency In Thailand

Thailand securities regulatory body legally recognised Tether ($USDT) stablecoin, unlocking new opportunities around Tether payments. Summary Thailand recognised Tether (USDT) stablecoin legally. The achievement of USDT may push USDT use in traditional payment services. $USDT is a top first-ranked stablecoin in the crypto market. Tether, a subsidiary of Bitfinex crypto exchange, manages all the financial…

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