Bitcoin has reached its highest level in over a year, with the cryptocurrency surging past the $12,000 mark. The spike in value comes as President Trump recently expressed his support for the digital currency, stating that he believes it has the potential to become a global currency.
The Nigerian government has ordered the cryptocurrency exchange Binance to pay a whopping $10 billion in fines. This unprecedented move marks a significant crackdown on the digital currency trading platform in the country.
The United States government has recently initiated a comprehensive investigation into the cryptocurrency mining industry within its borders. This move aims to evaluate the environmental impact, economic implications, and potential regulatory challenges associated with the growing trend of digital currency mining.
In an unexpected turn of events, prominent Colorado pastor, Eli Regalado, has been accused of orchestrating a cryptocurrency fraud scheme. Regalado, known for his charismatic sermons and involvement in the community, now finds himself at the center of a scandal that has left many of his followers stunned and betrayed.
Cryptocurrency has been a hot topic for investors and tech enthusiasts alike. However, recent developments have taken a toll on Terraform Labs, a prominent player in the industry. The firm has made a surprising move by filing for bankruptcy in the United States.
With the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Coinbase, the cryptocurrency community finds itself drawing similarities to another infamous craze from the past: Beanie Babies. The comparison arises as both cases involve the question of whether the digital assets should be considered securities.
