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Crypto liquidations hit $693 million as Bitcoin sinks below $92,000 - Coinweez
Crypto liquidations have hit a record after a recent crypto rally that saw Bitcoin record all-time highs of $99,000. Bitcoin’s value dropped below $92,000 on November 26, 2024, sparking $693 million in liquidations, with $577 million in long positions affected. The sell-off followed profit-taking after Bitcoin’s recent rally and Bitcoin failed to capture and hold […]
UAE exempts VAT from crypto transactions - Coinweez
The UAE is once again on the leading edge on the cryptocurrency regulations sector by introducing a raft of new laws that boost the sector. Beginning November 15, 2024, the UAE will have exemptions on crypto transactions as well as conversions from VAT (Value Added Tax). Transactions from January 1 2018 will be included in […]
Bitcoin Set to Soar in Q4 Amid Favorable Economic Conditions - Coinweez
Congratulations on making it to the start of the fourth quarter of 2024! As the last quarter of 2024 unfolds, Bitcoin is poised to experience substantial growth, bolstered by favorable economic and market conditions. Industry experts, analysts, and crypto enthusiasts are optimistic about the next 3 months, anticipating a strong rally that could push Bitcoin […]
Bhutan $750M Bitcoin Mining Operations Now Publicly Tracked - Coinweez
Bhutan government has amassed over $750 million worth of Bitcoin through its investment arm, Druk Holdings. Unlike other governments that obtain Bitcoin from asset seizures, Bhutan’s BTC comes from its own mining operations, which accelerated in 2023. This makes Bhutan the 3rd largest government holder of Bitcoin, now labeled on Arkham Intelligence’s platform. Arkham is […]
Crypto Beat weekly: Past week in Crypto - Coinweez
Crypto Beat this weeks as we look into microstrategy purchases $1.1 billion worth of bitcoin, The Fed rate cuts, ETH on-chain stablecoins volumes new ATH, coin updates and charts of the week. Bitcoin regained $60,000 this past weekend and continues to rally by the time of press hovering at around $63,000. ETFs the past week […]
Collaboration Between Soramitsu and Nigerian Institute Of Social And Economic Research (NISER) - Coinweez
Soramitsu and the Nigerian Institute of Social and Economic Research (NISER) have entered into a strategic partnership for the promotion of blockchain technology research, capacity building and application in Nigeria.
The Largest Telegram Crypto Game, HMSTR Wraps Up Season 1 on 20th September - Coinweez
Hamster Kombat, a widely popular Telegram-based crypto game, is closing the curtains on its first in-game reward season. With over 300 million players globally, the game has set its mark as the largest in the Telegram gaming ecosystem. The closure of Season 1, scheduled for September 20, 2024, signals the beginning of an exciting new […]