Cash News The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have supported a class-action lawsuit against Nvidia, accusing the company of misleading investors. According to court filings, both agencies submitted an amicus brief backing Nvidia investors who allege that the firm misrepresented the impact of crypto mining on its 2017/2018 […]
Cash News Bitcoin’s recent price movements have shown increased volatility, with $272 million in liquidations over the past 24 hours, reflecting broader market trends and trader behavior. Over the past 48 hours, Bitcoin fell from $62,000 to a low of $60,000, marking a roughly 3% decline. Following this drop, Bitcoin saw a slight recovery to […]
Cash News Nigeria has emerged as the second-largest adopter of crypto worldwide, cementing its position as a leader in digital finance, according to Chainalysis’ upcoming report. The ranking illustrates Nigeria’s rapidly expanding crypto ecosystem, where everyday transactions, remittances, and business payments increasingly rely on digital assets, especially stablecoins. The country’s success mirrors a broader trend in […]
Cash News Over $735 million worth of crypto will be unlocked and released into circulation in the first week of October, according to data from Token Unlocks. The $735 million unlock is part of a larger $3.46 billion expected to be released throughout October. According to Token Unlocks, most releases involve assets like Celestia, Worldcoin, […]
Cash News Japan’s Financial Services Agency (FSA) is poised to reassess its crypto regulations, potentially reducing taxes on crypto gains and reclassifying digital assets in a bid to foster a more favorable investment environment by 2025, Bloomberg News reported Sept. 25. The FSA’s upcoming review, which will continue through the winter, will determine whether the […]
Cash News According to a report from the Central Bank of Bolivia (BCB), virtual asset transactions in Bolivia more than doubled in the last three months after the country lifted its ban on Bitcoin in June. Between July and September, the average monthly trade volume soared to $15.6 million, compared to $7.6 million in the […]
Cash News Ohio State Senator Niraj Antani introduced legislation aiming to legalize Bitcoin (BTC) and other crypto payments for taxes and fees in the state of Ohio and its local political subdivisions. The bill — introduced on Sept. 30 — permits Ohioans to use digital assets, including Bitcoin, to fulfill their state and local tax […]
Cash News According to several crypto analysts, altcoins are exhibiting a notable breakout, hinting at a potential shift toward an altcoin-dominated market phase. Analysts observed that the total market capitalization of altcoins is rising, breaking out of longstanding downward trends. Technical and on-chain analyst Ali Martinez noted that while it’s uncertain if a full-blown altcoin […]
Cash News In most countries, the rate at which crypto activity grows across transaction size brackets varies significantly. However, the United Arab Emirates (UAE) is an outlier with growth across all brackets, which indicates a ‘balanced and comprehensive adoption landscape,’ according to a recent Chainalysis report. Chainalysis highlighted that the UAE received over $30 billion […]