Ark Investment Predicts Huge Rise in BTC and ETH Price
Ark Investment has expressed confidence in the growth of BTC and Ether, stating that Ethereum’s NFTs and DeFi development will boost its value. The CEO Cathy Wood predicts that BTC price will rise tenfold in 2026, citing that more companies will continue to add BTC to their sheets and brokers will have an increased percentage …
El Salvador: There Will Be No Tax On Bitcoin Profits
The government of El Salvador has taken the road less travelled in terms of its financial management. The native currency of the region was replaced by USD 20 years ago due to the increased burden of inflation. However, the current president of the South American nation Nayib Bukele has decided to accept Bitcoin as another …
E-Naira is a Better Alternative to Bitcoin, Says Central Bank of Nigeria
Nigeria’s central bank continues to express its displeasure for flagship cryptocurrency, Bitcoin. In the latest announcement, the principal bank touted the digital Naira- the proposed central bank digital currency (CBDC) poised for launch by next month- above Bitcoin, noting that it was a better alternative to the country’s banking and financial framework. While speaking at …
US SEC Fines Some Media Outlets For Illegal Crypto Offerings
GTV and Saraca media outlets are among some of the media outlets fined by the SEC for promoting unregistered securities and digital asset offerings. The SEC also claimed that these media outlets incentivized many people to invest in their stock and private digital asset offerings by asking them to promote the business opportunity on their …
Central Bank of Nigeria Upholds Digital Naira Above Bitcoin
While speaking at an event, CBN’s deputy governor of operations, Folashodun Shonubi revealed that the principal bank favored the proposed CBDC above decentralized currencies like Bitcoin. The deputy governor did not stop there; he further stated that the digital Naira stood a better chance of providing value to the country’s economy. CBN Says Digital Naira …
Bitcoin Records 700,000 Blocks
Bitcoin today achieved a significant milestone as the popular cryptocurrency hit the 700,000th block. A Twitter user Clark Moldy announced this via his handle, accompanied by a happy emoticon to celebrate the milestone. Two years ago, the number of blocks recorded on the blockchain was 600,000. 693 days later, BTC miners have produced an extra …
Microstrategy Increases BTC Holdings By 5,100 BTC
Microstrategy has increased its BTC holdings, so it has invested at least $425m in the king coin. Leading bitcoin institutional investor, Microstrategy, has revealed an increase in its BTC holdings. The firm’s CEO, Micheal Saylor, revealed via Twitter that “the company’s BTC holdings are now over 114K BTC following the latest additional purchase.” The firm’s …
Crypto Mining Ban: Bitcoin Miners Settle In their New Homes After China Clampdown
BTC miners are now finally settling down in their new countries after the mass exodus from China. In May, China intensified its position on mining clampdown, and it was almost as if BTC would plummet to its lowest lows predating 2010. The industry was shaken by the news terribly, due to the fact a substantial …
South Korea Regulators Will Shut Down Crypto Exchanges Found Defaulting the “New Requirements”
South Korean financial regulator FSC has warned crypto exchanges to abide by the new regulatory infrastructure or face the consequences. In June, the regulators in the country laid out new requirements for the registration of crypto exchanges, citing that any platform found defaulting would be shut down. The requirements state that each crypto exchange will …
North American Bitcoin Miners See Record Months of BTC Mining
Several large Bitcoin mining firms in the North American continent have seen their mining activities skyrocket since 2021 began. The total number of BTC mined in 2021 so far reached 10k BTC. Interestingly, over 40% of the mined BTC came from activities last month and in July. According to data from The Block, mining companies, …
Cardano Completes Its Alonzo Hard Fork Upgrade with Smart Contract Launch
Cardano blockchain has finally launched its full-fledged smart contracts after completing its hard fork upgrade. The Plutus-powered contracts will establish a decentralized system that avails everyone the opportunity to develop DeFi applications. According to a blog post published on September 12, Cardano revealed that their mission is just getting started and that it’s still early …
Osmosis Review – Is Osmosis Scam or Legit?
Read our Osmosis review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this Osmosis review before you sign up with the exchange.
Curve Finance Review – Is Curve Finance Scam or Legit?
Read our Curve Finance review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this Curve Finance review before you sign up with the exchange.
AvaTrade Review – Is AvaTrade Scam or Legit?
Read our AvaTrade review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this AvaTrade review before you sign up with the broker.
Hotbit Review – Is Hotbit Scam or Legit?
Read our Hotbit review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this Hotbit review before you sign up with the exchange.
Major Indicators Suggest ETH Price Is Heading To $4k
August proved a really good month for all cryptocurrencies, including Ethereum, and now indicators predict that it is on the way to reach a price of 4,000 dollars. In the last 48 hours, Ethereum rose further 10% to cross the $3,500 level, and if it becomes able to hold this level, then its possibility of …
Bitcoin Records 700,000th Block
Bitcoin has recorded 700,000th mining blocks. The popular cryptocurrency recorded its 700,000th on September 11. Twitter user Clark Moody made this announcement on his Twitter page. Two years ago, in October, the number of blocks was put at 600,000. Two years later, about 693 days, miners have produced an extra 100,000 more blocks, adding to …
Privacy Browser Brave Integrates With Crypto Exchange Gemini
Brave, a privacy browser, began with a vision of compensating web users if their browsers must show ads. For those using BAT, there is an agreement that they will be rewarded with a Basic Attention Token (BAT) for every ad they watch. The Brave’s native token can then be recirculated to content providers as a …
Is the Latest Ruling on Apple-Epic Lawsuit Bullish for Crypto Adoption?
Crypto proponents have suggested that the latest ruling in the case between software giant Apple and Epic, the firm behind the popular game, Fortnite, is a good omen for the crypto industry. The Friday ruling is also significant to the outcome of the case which is informed by the controversy surrounding in-app purchases and purchases …
El Salvador’s Largest Bank Enables Bitcoin Payments
El Salvador continues on this glorious part of Bitcoin adoption, and it is not only limited to state or government, but other financial institutions, banks, and various commerce platforms within the country are now accepting payments in Bitcoin. As Bitcoin has been accepted as a legal tender by the state, it becomes the responsibility of …
UK Post Office to Allow Some Customers Buy Crypto
The U.K. Post Office has announced its decision to allow eligible customers to buy digital assets. Customers will be able to purchase cryptocurrency through its authentication application EasyID. This news implies that customers who use the app could purchase crypto from available exchanges on the app. According to statements from the P.O. Director, customers will …
Russian Lawmakers Arrest 2 Females Connected to Finiko Crypto Ponzi
Russian police have arrested high-ranking Finiko cryptocurrency pyramid members. The lawmakers detained two women this week believed to earn millions via the Ponzi pyramid scheme. The now shrunken Finiko targeted investors from deferent nations across the globe, including the US and Germany. Russia Detain Female Influencers in Current Finiko Investigation Realnoe Vremya reports that Kazan …
e-Naira is a Better AlternativeThan Bitcoin – Nigeria’s Central Bank
Nigeria’s central bank continues to express its displeasure for flagship cryptocurrency, Bitcoin. In the latest announcement, the principal bank touted the digital Naira- the proposed central bank digital currency (CBDC) poised for launch by next month- above Bitcoin, noting that it was a better alternative to the country’s banking and financial framework. While speaking at …
Swiss Exchange Approved to Launch Cryptocurrency Marketplace
The Swiss authority has finally given SIX exchange the go-ahead to launch its long-awaited crypto marketplace using the DLT protocol. FINMA gave the exchange the permission to launch its proposed marketplace alongside its securities depository using the DLT framework on Friday. The SIX marketplace was initially intended for launch in 2019, but regulations constraints from …
Canadian Bitcoin Mining Company Trades on TSX Exchange
Canada-based BTC mining company Canada Computational Unlimited Incorporated went public this week and will trade on the TSX Venture Exchange. The BTC company will trade under the name “SATO,” the deflected form of Satoshi Nakamoto, the supposed founder of Bitcoin. According to the firm, the reason for adopting the name “SATO” is to pay tribute …
XRP Falls 10% as Coinbase Pro Refutes Claims of Relisting
Thousands of Coinbase Pro users thought the crypto trading platform had made a U-turn on its delisting decision after they saw XRP pairs trading on the platform. Back in January, in a move that was informed by the US SEC’s regulatory pressure on Ripple, the blockchain technology firm behind XRP, Coinbase Pro had deactivated trading …
BIS Alerts Central Banks to Begin Work on CBDCs
Cryptocurrency is speedily integrating with nations’ economies and the global economic process as it is now an accepted legal tender in a country. Judging by this development, it is clear that the future of the global economy would surely feature cryptos in a major capacity. There are even predictions that the nearest future would see …
BTC Supply on Exchanges Near Record Low
The amount of BTC available on exchanges has hit a record low level, according to data from CryptoQuant. As shown on the website by notable analyst Ki-Young Ju, BTC availability on exchanges has returned to its lowest since May this year. Currently, BTC on exchanges was 2.399M. In May, the figure was slightly lower, reaching …
BlackRock CEO, Rick Rieder, Believes Bitcoin will Moon Soon
Rick Rieder has stated that the price of Bitcoin would rise significantly. The CEO, in an interview with SquawkBox, revealed that he doesn’t see the popular crypto declining because of its convexity. He further predicted the recent fall in prices was only temporary and a sign of great things to happen in the market. Speaking …
Ukraine Adopts Bill For Crypto Regulation
Ukrainian lawmakers have adopted the bill for regulating cryptocurrency in the country, including the operations of crypto exchanges. The main part of the bill titled “on digital assets” is drafted from the existing policies of the FATF, whose activities transcend regions and boundaries. The Ministry Of Digital Transformation And Cryptocurrency Sector The country’s minister for …
MATIC Has to Hold These Levels for a Bullish Structure
MATIC has faced challenges over the past few days. After the altcoin hit a 3-month high at $1.80, it sustained plummets due to profit-booking by retailers. The token accelerated its downswings as the overall market saw dramatic losses, dropping almost 40% in three days. Though buyers joined for short-term upticks, the four-hour 200 Simple Moving …
NCapital Group Review – Is NCapital Group Scam or Legit?
Read our NCapital Group review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this NCapital Group review before you sign up with the broker.
North American Bitcoin Miners See Spike in BTC Mining
Several large Bitcoin mining firms in the North American continent have seen their mining activities skyrocket since 2021 began. The total number of BTC mined in 2021 so far reached 10k BTC. Interestingly, over 40% of the mined BTC came from activities last month and in July. According to data from The Block, mining companies, …
Bored Apes NFT Sale Pool $24 Million at Sotheby’s
In another landmark NFT sale led by auction house Sotheby’s, the Bored Apes Yacht Club NFT collection pooled in record sales. Yuga Labs, the team behind the NFT idea had partnered with Sotheby’s for the sale of its NFT collections comprising Bored Apes Yacht Club and Bored Ape Kennel Club. According to reports, both collections …
Institutional Investors Dominated The DeFi Sector In Q2
The decentralized finance system keeps getting more popular with several exchanges being present in several countries while people are beginning to adopt the concept and its processes. The platform which used to be the hub of retail investors alone is speedily moving away from that direction. This is because the activities of institutions accounted for …
Ethereum Vs. Bitcoin: Ether Is Inching Closer To Touch The Superiority Of BTC
The Ethereum vs. Bitcoin competition started right after the creation of Ethereum. Now, proponents of both coins debate for supremacy of one coin over the other. It is a fact that so far, Bitcoin has remained superior because it has always remained untouched in terms of market capitalization. Nevertheless, it is irrefutable that with the …
Ethereum Invalidates Bearish Outlook Following Binance’s 100K ETH Inflow
Today’s price actions saw ETH’s price chart indicating a ‘double top,’ a bearish pattern. Such moves came after Binance saw 100K Ether inflow. ETH Indicated ‘Double Top Formation As reported by CryptoQuant, the leading alt created a bearish formation on its price chart early on Wednesday. During the same period, Binance noted an inflow of …
European Central Bank To Open Investigation Into the Launch of Digital Euro
The European Central Bank will launch a two-year investigation into the proposed plan to launch digital Euro. The president of the ECB revealed that the bank’s planned investigation is to make sure that the digital Euro addresses people’s concerns without jeopardizing the banking structure. Christine Legarde said this in an interview with the World Economic …
Dan Tapiero Remains Bullish About Bitcoin
10T Holdings, an asset management company owned by top venture capitalist Dan Tapiero, have announced raising $760m in its latest funding round. Alan Howard (a UK billionaire) was among the top venture capitalists in this round. Top Venture Capitalists Participated In 10T Holdings Fundraising The company further announced that it had invested the funds already. …
Coinbase Likely To Face Lawsuit from the US SEC over Crypto Yield Program
US-based crypto exchange, Coinbase, is on the verge of getting slammed with a lawsuit by US regulator, Securities and Exchange Commission. According to reports, the SEC had issued a warning to the exchange over its crypto yield program due for launch later this month. In light of the threats from the regulator, Coinbase has postponed …
IOTA Selected to Facilitate DLT Services in European Union
The European Union has picked IOTA to better European Blockchain Services Infrastructure and make it more accessible to companies and Europeans. IOTA’s DLT comprises nodes interconnected to facilitate blockchain services across a country or continent. With the IOTA foundation chosen for the task, EBSI will function better to make business transactions smoother, encourage the expansion …
VISA is Poised to Integrate Crypto Services in Brazil
Brazil’s conventional financial institutions will soon be able to use Bitcoin services thanks to VISA, one of the world’s largest payments companies. Executives said they are collaborating with numerous digital currency exchanges in the nation to introduce crypto debit cards to consumers and hinted at a future seamlessly integrating Bitcoin in transactions. VISA has revealed …
Octa.Trade Review – Why Should You Choose It?
Read our Octa.trade review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this Octa.trade review before you sign up with the broker.
Bittrex Global CEO Says Dubai Will Benefit From Expanding Cryptocurrency Market
The UAE (United Arab Emirates) is a country that has lately been preoccupied with becoming a mainstay in the world of digital assets thanks to several efforts that it has made in order to adopt more blockchain-oriented technologies. The UAE, with Dubai in particular, happen to be some of the friendliest jurisdictions regarding the crypto …
Coinbase Seeks Help From Polygon’s Team
In an attempt to integrate Polygon’s oxPolygon and enhance its user experience, Coinbase has sought to incorporate Polygon’s Ethereum scaling solution. Coinbase recently announced establishing a protocol team whose primary responsibilities would be to “incorporate modern technologies into Coinbase offerings.” Members of the team include experienced engineers from the firm. The first task of this …
