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Bitcoin, Ethereum, and Altcoins Drop Below Key Levels


Bitcoin price failed to stay above the key USD 60,000 support zone and BTC extended decline below USD 59,500. It is currently (11:51 UTC) down almost 6% and it could decline further towards USD 57,500. Besides, most major altcoins are gaining bearish momentum. ETH declined 5% and it broke the...

Bitcoin and Ethereum Reach Key Support, Altcoins Face Sellers


Bitcoin price started a downside correction from the USD 67,000 zone. BTC corrected lower below USD 65,000 and USD 63,500, before going higher again. It is currently (11:51 UTC) trading above USD 63,500, but there is a risk of a downside correction. Besides, most major altcoins are also correcting...

Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security


Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets. A key component to BUSD’s success is its unwavering compliance to the world’s most stringent...

Facebook Metaverse Drive Could See Diem Stablecoin Play a Key Part


Facebook’s decision to partner with the crypto exchange Coinbase on its pilot for the digital wallet Novi is attracting scrutiny from tech, political, and crypto observers – and some are starting to believe that the long-awaited Diem stablecoin project may soon play a key role as the company...

Cardano Subsidiary Emurgo in Partnership With Pan-African Venture Studio


Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably. Financial and Educational...

Regulation Key to African Fintech Sector Growth — New Study


According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as one of the reasons for the industry’s success in these countries. Regulated Fintech Ecosystems Attract...

Bitcoin and Ethereum Correct After Clearing Key Hurdles


rget="_blank" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH retreated lower after it failed to test the USD 3,500 resistance. XRP was able to settle above the USD 1.00 pivot level. ADA spiked towards USD 2.32 before correcting lower.Total market capitali

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