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Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float
8.8.2024
The National Bank of Ethiopia (NBE) said it will conduct a special foreign exchange auction on Aug. 7. The Ethiopian central bank envisions similar auctions in the coming weeks, depending on market conditions. The NBE said banks keen on participating must submit their bids on the date of the sale....
Donbet Casino Launches Exciting Mini Games Promotion With up to €600 Bonus
8.8.2024
PRESS RELEASE. Donbet Casino is delighted to introduce its Mini Games Welcome Bonus, designed to enhance the gaming experience for all players. This exclusive promotion offers a 100% bonus up to €600/$600 on the first deposit, allowing players to maximize their enjoyment of Donbet’s diverse range...
Zimbabwe to Unveil De-Dollarization Roadmap, Says Government Official
8.8.2024
The Zimbabwean Cabinet has approved a de-dollarization roadmap outlining “modalities to operationalize the Zig currency as legal tender for use in the economy.” Zimbabwean officials have set early 2026 as the new deadline for making the Zig the country’s sole currency. The central bank...
Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse
8.8.2024
The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
8.8.2024
The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many BTC risks haven’t materialized for El Salvador, the IMF stated that both...
Metaplanet secures 1B yen loan to buy more Bitcoin
8.8.2024
Just two days after revealing plans to raise $70 million via a stock rights offering, ‘Asia’s MicroStrategy’ has taken a $6.8 million loan from one of its shareholders to buy more Bitcoin
Bitcoin whale txs hit highest levels in 4 months amid crypto dip
8.8.2024
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.”
Ripple and DIFC Partner to Drive Blockchain and Crypto Adoption in UAE
8.8.2024
Ripple has unveiled its plan to partner with the Dubai International Financial Centre (DIFC) Innovation Hub to promote blockchain and crypto adoption in the UAE. The collaboration seeks to encourage innovation among early-stage companies and large institutions. Ripple has dedicated one billion...
Protocol Village: Validation Cloud Supports Stellar Full Archive Nodes, Nillion Partners With AI Network Ritual
8.8.2024
Michael Saylor Continues to Expand His $1 Billion Personal Bitcoin Holdings
8.8.2024
Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago and has not sold any since, continuing to buy more. Saylor views bitcoin as an ideal investment...
Binance CEO: Recent Market Declines Are Not a Long-Term Negative Trend
8.8.2024
Binance CEO Richard Teng has addressed the recent declines in cryptocurrency and equity prices, attributing them to macroeconomic factors and advising against viewing them as long-term negative trends. He highlighted potential Federal Reserve rate cuts and geopolitical volatility as key influences...
Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’
8.8.2024
Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to “hundreds of thousands of dollars, maybe...
Bitcoin’s impending ‘death cross’ might not be ‘so deadly’ for BTC bulls — Analyst
8.8.2024
Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it's nothing to worry about
Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP Case
8.8.2024
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is...
Here’s what happened in crypto today
7.8.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
7.8.2024
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data...
3 key Bitcoin price metrics highlight traders' lack of enthusiasm
7.8.2024
Bitcoin price declines as stablecoin and futures market data show declining confidence among traders
3 key Bitcoin price metrics highlight traders’ lack of enthusiasm
7.8.2024
Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders
Economist Jim Rickards Highlights Gold’s Opportunity During Market Meltdowns
7.8.2024
Jim Rickards, a U.S. economist and best-selling author of the book “Currency Wars,” has detailed the opportunity that gold presents during pronounced stock market drops. Rickards, who has predicted a tremendous rise in gold prices in the next two years, stated that strong hands expect gold to reach...
Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration
7.8.2024
On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project...