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Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction
7.8.2022
Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 15 countries that managed to take their tourism incomes to pre-pandemic numbers...
The Price for Crypto’s Recovery: A New Narrative
5.8.2022
Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs
1.8.2022
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates the CBK governor Patrick Njoroge...
IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation
29.7.2022
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will...
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery
23.7.2022
The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards
Chiliz Continues to Rise; Can CHZ Sustain the Recovery?
22.7.2022
The most significant development helping to boost the outlook for digital asset sporting project Chiliz in 2022 is the launch of the Scoville testnet for Chiliz Chain 2.0. Chiliz seeks to combine the advanced Web 3.0 capabilities of high-profile sporting and entertainment firms to create NFT...
Don't wait around for recovery, keep on building, says Web3 exec
22.7.2022
Tegan Kline said that the bear market is a “builder’s paradise” because there is less noise and teams can focus on laying down foundations
Bitcoin Stumbles After a Marginal Recovery; What’s Next for BTC?
21.7.2022
Bitcoin has been considered the mirror for the performance and growth of the cryptocurrency industry as a whole which is with a little over $1000 billion. Despite its dominance to the tune of 3x the market capitalization of Ethereum during its peak cycle, BTC now remains just 2.4 times. The current...
Dogecoin, Bitcoin Lead Recovery Among Majors, But Some Analysts Warn of Selling Pressure
20.7.2022
Despite the gains over the past few days, some warned that investing in cryptocurrencies remains a “risky business.”
Dogecoin’s Third Attempt to Breach 50 EMA; DOGE Recovery Awaited!
19.7.2022
Dogecoin shows a slight improvement in its price action as there is a slight gain in the last dip. Technicals were extremely bearish but have turned bullish with a swift positive trend. July 17 marked the beginning of a fresh bullish crossover, but this indication can soon turn negative without...
Polygon, ApeCoin Tokens See Outsized Gains Amid Majors Recovery
18.7.2022
Crypto market capitalization regained the $1 trillion mark early on Monday, a recovery from June’s $800 billion level
Analysts See Recovery for CEL Tokens Despite Celsius Bankruptcy
14.7.2022
CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the tokens
Dogecoin Is on a Long-Term Downtrend; Can Doge Begin the Recovery?
14.7.2022
Dogecoin, the meme token king, supported by Elon Musk, is now beaten badly in terms of market capitalization but holds the 10th position. Its $7,990,935,861 market cap is based on above 95% of its net token supply in active circulation. With volumes taking a decent jump daily, investors expect...
Voyager can't guarantee all customers will receive their crypto under proposed recovery plan
11.7.2022
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."
CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
11.7.2022
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale
Not all investments lose value equally: A recovery period for digital assets
9.7.2022
With Bitcoin’s impressive recovery characteristic, could having it and other digital assets in an investment portfolio speed up the recovery time of the entire portfolio?
XRP Leads Recovery Among Major Cryptocurrencies; Fed Policymakers Back 75 Basis Point Hike
8.7.2022
Two policymakers backed higher rate increases to beat price pressures even if it meant slowing growth
Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
8.7.2022
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead...
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
8.7.2022
Investors are likely feeling comfortable as bitcoin has stabilized over the past few days
Bloomberg analyst tips bullish BTC recovery in next six months
7.7.2022
The price of BTC could be set for a bullish rebound this year, says Bloomberg’s senior commodity strategist Mike McGlon, as the market shows similar signs to the bottom of 2018