Author: James Wilson

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A study by Lambis Dionysopoulos and Andrew Urquhart highlights the history, growth, and importance of stablecoins since they were launched 10 years ago as both a medium of exchange and a store of value, particularly in regions with monetary instability and/or limited access to the US dollar. The study details the use of stablecoins by businesses, financial institutions, and individuals for international cross-border payments, liquidity management, and protection against currency fluctuations in a swifter, more cost-effective way…

Nigeria is preparing to tax cryptocurrency transactions as part of broader efforts to boost government revenue, according to the country’s Securities and Exchange Commission. A bill outlining the tax framework is under review and is expected to pass this quarter, according to Bloomberg. The SEC plans to bring eligible crypto transactions on regulated exchanges into the formal tax system. The regulator acknowledged the “substantial amount of tax revenue that will accrue from cryptocurrency transactions” without providing specific figures. The move comes as Nigeria grapples with high inflation and a weakened naira, which has led many residents to turn to cryptocurrencies…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is surging, raising $16.1m at $0.006 per token as its AI-driven blockchain gains traction among investors and traders. Lightchain AI is experiencing meteoric growth, quickly becoming a standout in the crypto market. With $16.1 million raised at $0.006 per token, investor confidence is surging as its AI-driven blockchain technology gains recognition. Unlike many speculative tokens, Lightchain AI’s real-world utility and solutions set it apart. As market trends shift, its rapid ascent is drawing attention from traders and…

Alchemy Pay’s token rose for three consecutive days as spot and futures market volume surged. Alchemy Pay (ACH) coin jumped to a high of $0.03585 on Tuesday, its highest level since Feb. 6. It has gained over 45% from its lowest level this month. ACH’s rally occurred amid a spike in trading volume. According to CoinMarketCap, its 24-hour trading volume rose by 92%, reaching nearly $300 million. Most of this volume was concentrated on centralized exchanges such as Binance, Bybit, and Coinbase. Additional data from CoinGlass shows that the ACH price surge coincided with a sharp increase in futures open…

Russian power grid operator Rosseti reported losses of over 1.3 billion rubles in 2024 due to illegal crypto mining operations that siphoned electricity through unauthorized connections. The Russian power grid company Rosseti reported losses exceeding 1.3 billion rubles in 2024 due to illegal connections by unauthorized crypto miners. The highest recorded losses occurred in the North Caucasus, where Rosseti Severny Kavkaz reported more than 600 million rubles in damages. In Novosibirsk, losses amounted to 400 million rubles, while Rosseti Center and Privolzhye registered 120 million rubles in loss. Rosseti confirmed that 130 cases of unauthorized network connections and unaccounted electricity…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. This “altseason” has been a rollercoaster—great for traders who thrive on chaos but a soul-crushing grind for investors waiting for something, anything, to make sense. Volatility is king, and Ethereum (ETH), the so-called “smart contract leader,” has been looking less like a king and more like a washed-up heavyweight. From a technical standpoint, ETH’s chart is downright tragic compared to its shinier, younger competitors. Trying to make sense of it is like trying to predict the weather…

Hours after the launch of Libra and official backing from the Argentinian President, the token crashed heavily. Let’s learn what may happen to this project in this Libra price prediction. The Libra (LIBRA) token gained traction when the president of Argentina, Javier Milei, promoted a token on his social media that aimed at ”boosting the Argentine economy by funding small projects.” Following this public backing the price of the token surged, however, it later dumped quickly as on-chain data revealed how many insiders made a lot of money and dumped their tokens on unsuspecting retail buyers. Since its launch about…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BitLemons offers a chance to capitalize on the booming GambleFi market by merging crypto with casino games. In a landscape cluttered with promises, BitLemons (BLEM) emerges as a rare gem that’s already delivering. This isn’t just another presale – it’s a chance to get in on a fully operational crypto casino that’s reshaping the $450b traditional gaming market.  With $1 million already secured in private seed funding and two prestigious security audits under its belt, BitLemons is positioning itself…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As PEPE struggles with declining value, Cutoshi’s deflationary model and DeFi utility are driving a presale boom, reshaping the meme coin landscape. When it comes to the biggest meme coin contenders, as far as the market cap is concerned, PEPE is right up there with DOGE and SHIB. However, just like its peers, PEPE too has seen a massive drop in its value in the past month.  While investors move away from popular names like PEPE, Cutoshi’s presale is…

Metaplanet shares dropped over 8% after the Japanese firm announced a 10-for-1 stock split to improve liquidity. Japanese investment firm Metaplanet’s shares fell 8.41% on over-the-counter markets following the the firm’s announcement of a stock split. The drop came after the board approved the move to increase the number of shares and lower the price per unit. In a Feb. 18 notice, Metaplanet said the stock split aims to improve liquidity and expand investor base. “[…] we have decided to conduct a stock split to lower the price per trading unit, thereby improving liquidity, expanding our investor base, and strengthening…