Bitcoinist.com

• Donald Trump Champions Crypto: ‘I’m Good With It, Vote For Me’
  On late Wednesday, Donald Trump, the former President and Republican frontrunner, declared his support for cryptocurrencies. This announcement came during a notable gathering at his Mar-a-Lago resort in Palm Beach, Florida, dubbed the Trump Cards NFT Gala, attended by supporters who are holders of NFTs depicting Trump’s name and likeness. During the event, Trump criticized […]
• Nigeria Refutes Binance’s Bribery Allegations, Calls Them ‘Diversionary Tactics’
  Nigeria has rejected bribery allegations made by Binance, the world’s largest cryptocurrency exchange, labeling them as a “tactic to divert” attention from the exchange’s activities.  The statement comes in response to a blog post by Binance’s newly appointed CEO, Richard Teng, who claimed that the Nigerian government demanded a $150 million cryptocurrency payment to settle […]
• Binance CEO Denounces Nigerian Officials For Alleged Secret Crypto Settlement Proposal
  Binance CEO Richard Teng recently denounced the Nigerian authorities’ abuse of power and mistreatment of the crypto exchange executives, including still-detained Tigran Gambaryan. Teng considers it’s time to highlight the implications of the saga between the crypto exchange and the Nigerian regulators on behalf of the business community. Related Reading: SEC Chair Gensler: Crypto Represents […]
• FTX Announces Full Customer Reimbursements, But The Real Winners May Surprise You
  In a surprising turn of events, bankrupt cryptocurrency exchange FTX recently announced a new repayment plan to reimburse creditors and customers in full. The plan also includes a substantial compensation offer to account for the time value of their investments.  While customers initially expected to be the primary beneficiaries, the biggest winners in this repayment […]
• Ethena Partners With Bybit, Is This An “Attack” On USDT And USDC?
  In a post on X, one analyst now claims traditional fiat-backed stablecoins like USDT and USDC should prepare for a “major” attack due to the increasing popularity of Ethena’s USDe. The warning follows Ethena and USDe’s integration with Bybit, a crypto exchange allowing perpetual trading. Ethena Partners With ByBit USDe is not fiat-backed like other popular stablecoins. […]
• Australia’s Crypto Crackdown: ATO Seeks Data from Exchanges To Identify Tax Discrepancies
  The Australian Taxation Office (ATO) is targeting approximately 1.2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters, this step marks an approach by the Australian government to “crackdown on users who may be failing to pay their taxes amid a rising interest in digital tokens.” Related Reading: IRS Reveals Preliminary […]
• XRP Price To Reach $1.68? Here’s What Will Drive It
  Crypto analyst Jonathan Carter has predicted that the XRP price could rise to $1.68. The analyst, however, noted what needs to happen before the crypto token can attain such heights.  How XRP Price Will Rise To $1.68 Carter noted in an X (formerly Twitter) post that the XRP price was “bouncing from the lower trendline […]