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The Bulk of Crypto Trading Volumes in Africa Are Generated by Institutional Traders — Farzam Ehsani
9.12.2023
Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani referred to Valr’s largest volumes which he said “are...
Indian Government Confirms Commitment to Supporting Web3 Startups
9.12.2023
The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation from India create the future of Web3...
US Senator Calls for Light Crypto Regulation That Doesn’t Kill Innovation and Drive Companies Offshore
9.12.2023
A U.S. senator says Congress needs to regulate the crypto industry “with a light touch that doesn’t kill innovation in the U.S.” Noting that crypto “has the potential to disrupt much of the traditional banking model,” he stressed that crypto regulation needs to...
Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
9.12.2023
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to continue to work with regulators “to...
Thirdweb Begins Mitigation of Vulnerability Affecting Thousands of Smart Contracts
8.12.2023
Thirdweb, a Web3 development framework provider, has announced that it has started mitigating a vulnerability that could potentially affect thousands of smart contracts across several networks. The vulnerability, uncovered in November, impacts various pre-built smart contracts that the framework...
Venezuelan Attorney General Alleges Exxonmobil Financed Opposition to Essequibo’s Ballot With Cryptocurrency
8.12.2023
Tarek William Saab, the Venezuelan attorney general, stated that Exxonmobil, a U.S.-based oil and gas company, used intermediaries and cryptocurrency to finance actions against the ballot where Venezuelans were consulted about their position on the ongoing Essequibo claim. Fourteen arrest warrants...
El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment
8.12.2023
El Salvador has unveiled a new citizenship investment program, the “Freedom Visa,” open to a limited number of applicants. By investing $1 million in bitcoin or tether, participants can secure Salvadoran citizenship. El Salvador’s Bold Bid: Citizenship for Crypto Millionaires...
Bitcoin Price Prediction as Minor Correction Occurs – Is a Rebound Imminent?
8.12.2023
Bitcoin (BTC), the dominant force in the cryptocurrency market, has impressively held its ground, with its price oscillating around the $43,500 level. This resilience is primarily fueled by a buoyant sentiment pervading the crypto market, drawing on a mix of anticipation and optimism. #Bitcoin ...
Crypto Whales Are Slowly Accumulating a Hidden AI Crypto Gem – Here’s What You Need to Know
8.12.2023
Crypto whales target the AI crypto Launchpad XYZ before it gains mainstream popularity. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency has minted a new class of ultra-wealthy investors who exert major influence over the volatile digital asset markets. Commonly known as “crypto whales,” these...
US States Collaborate to Drive Blockchain and Cryptocurrency Adoption
8.12.2023
Source: AdobeStock While United States federal policymakers look to implement cryptocurrency and blockchain regulations, state-led organizations are taking initiatives to ensure that policy focused on cryptocurrency and blockchain adoption pass within the U.S. This is important to consider given...
Ethereum Technical Analysis: ETH Bulls Continue to Break Upper Resistance Levels
8.12.2023
On Friday, December 8, 2023, ethereum’s trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether’s market cap of $283 billion, accompanied by a strong 24-hour trading...
Dogecoin Price Prediction as DOGE Hits 8 Month Highs – Can It Sustain This Growth?
8.12.2023
Dogecoin (DOGE), the famed meme cryptocurrency, has recently soared to an 8-month high, trading around $0.09782. This remarkable surge, highlighted by a peak at $0.10 on Wednesday, signals a robust bullish momentum in the crypto arena. The rally is underpinned by a favorable market sentiment and...
Dogecoin’s price journey amidst Musk’s AI business announcement
8.12.2023
The increase in Dogecoin (DOGE) price began to decline on Wednesday morning in the United States following the statement made by internet entrepreneur Elon Musk that his artificial intelligence business, xAI, was not raising money. DOGE lost part of its gains following a 14% increase over...
Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation
8.12.2023
As bitcoin stabilizes near $43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for investors. Bitcoin Presently, bitcoin’s price...
Avalanche (AVAX) gets registered on the Coincheck exchange
8.12.2023
A press release states that as of December 7, 2023, Avalanche (AVAX) will be listed on Coincheck, an asset trading service operated by Coincheck. Avalanche is an open-source platform that has been created for building dApps. The aim is to support international financial transactions, accelerate...
Meanwhile Advisors unveils the first Bitcoin private credit fund
8.12.2023
Following a $20 million initial investment round led by its parent firm, Meanwhile Group, Meanwhile Advisors announces the opening of the first bitcoin private credit fund, Meanwhile BTC Private Credit Fund LP. Sam Altman presided over the contributors, which also included Lachy Groom and Gradient...
Samourai Wallet Calls out Ocean Pool for Censoring Whirlpool Privacy Transactions
8.12.2023
Samourai, a privacy-focused bitcoin wallet, revealed the changes in the recent Bitcoin Knots software used by Ocean, a Bitcoin mining pool, censor Whirlpool transactions, a kind of coinjoin operation. The wallet explained that Ocean is pursuing a “very slippery slope” by filtering...
Green Bitcoin (GBTC) Price Prediction – 2023 – 2030
8.12.2023
Green Bitcoin ($GBTC) is a multi-use cryptocurrency that allows investors to earn rewards while making predictions on the future price of Bitcoin. The platform follows a more sustainable model – deployed on Ethereum’s proof-of-stake (PoS) consensus. This Green Bitcoin price prediction guide...
Nigerian Crypto Firm Bitmama to Pay $1 Million for Startup That Raised $3 Million in February
8.12.2023
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform...
Is Terra Luna Classic Going to Zero? LUNC Price Drops 3.5% as New Mining Protocol Secures $5 Million
8.12.2023
The LUNC price has dropped by 3.5% today, slipping to $0.00020204 as the cryptocurrency market as a whole gains by 1% in the past 24 hours. Despite this fallback, LUNC remains up by an impressive 74% in the past week and by 200% in the last 30 days, amid rising optimism surrounding Terra Luna...