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Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze

Venezuela’s Ministry of Electric Power announced plans to disconnect cryptocurrency mining farms from the national grid to manage high energy demand and ensure reliable power supply to its citizens. The decision follows the recent seizure of 2,000 c

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24/7 World Crypto News

Top Crypto Events to Watch Next Week: Binance vs. Nigeria, Decision on Ethereum ETF, and Crypto Bill

The post Top Crypto Events to Watch Next Week: Binance vs. Nigeria, Decision on Ethereum ETF, and Crypto Bill appeared first on Coinpedia Fintech News As we approach the end of May, crypto traders are eagerly awaiting a new week filled with a series of p

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24/7 World Crypto News

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

A US banking regulator says $384 million will soon be handed to victims of an online bank’s illegal practices. The Consumer Financial Protection Bureau says 191,000 people will receive the windfall of cash, which will be given to former customers of

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Peter Brandt Roasts Bitcoin Critic Peter Schiff For “Betting on Dead Horses”

Legendary financial trader Peter Brandt believes that frequent hate statements about Bitcoin (BTC) from Peter Schiff are likely a strategy for the critic to gain clout on X. The Jab on Bitcoin Hater Peter Schiff Brandt advised Crypto X to stop listening t

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24/7 World Crypto News

Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’

Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value. “It’s the result of rigorous analysis,” he clarified. This represents a significant increase

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The Big Day for the Cryptocurrency Market is Just 4 Days Away: Two Analysts Explain Their Views

The US Securities and Exchange Commission (SEC) will make an important decision on the approval of Ethereum ETFs within the next week. However, according to Ric Edelman, President of the Digital Assets Council of Financial Professionals, the lack of a com

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24/7 World Crypto News

5 Best Penny Cryptos to Invest Today

Choosing the right cryptocurrencies can be a game changer for investors. With the bull run of 2024 in full swing, it’s crucial to identify cryptocurrencies that have the potential for significant returns while still being affordable. This article hi

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24/7 World Crypto News

Ripple’s Africa Expansion Plans Puts XRP on Path to Coveted $1 Price Target

Ripple’s recent announcement of its ambitious plans to expand into Africa has boosted XRP’s trajectory. With the crypto asset now trading at $0.52, the crypto community speculates whether XRP can push past its next resistance level of $0.55 a

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24/7 World Crypto News

Toncoin Faces Weekly Liquidations: Here’s Why

Toncoin (TON) has seen outflows in the last 24 hours after recording huge gains in recent months. The native utility token of The Open Network is down 3.28% today and over 5% this week. The weekly liquidation for the asset comes amid positive inflows acro

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24/7 World Crypto News

This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why

Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto later on.

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24/7 World Crypto News

Ripple Reports Significant Q1 Growth for XRP and XRPL Amidst SEC Legal Battle

Ripple has released its first-quarter report for this year, highlighting substantial network activity for its XRP token and the XRP Ledger (XRPL). These growth metrics coincide with substantial progress in Ripple’s ongoing legal battle with the U

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24/7 World Crypto News

Hong Kong Police Arrest Crypto Exchange Shop Employees on Suspicion of Fraud

Hong Kong police have taken into custody three employees of a currency exchange shop who are suspected of engaging in fraudulent activities. This followed an incident where a customer at the shop reportedly encountered stacks of “hell money” b

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