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US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst
30.1.2024
The United States’ sanctions against Russia are undermining confidence in the U.S. dollar and may force other countries to ditch the currency, a Russian financial analyst has said. The analyst said contrary to the West expectations, the sanctions against Russia have failed to destroy...
Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...
Bitcoin and Ethereum Price Prediction as Tesla Still Holds $380 Million BTC and Another ETH ETF Gets Delayed
26.1.2024
In the ever-evolving landscape of cryptocurrency, Bitcoin (BTC) has recently reversed its downward trend, surpassing the significant $41,000 mark. This resurgence not only bolsters confidence in Bitcoin but also paves the way for other major cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE)...
ARK CEO Cathie Wood Calls Bitcoin The “Biggest Of All Crypto Ideas”
24.1.2024
Cathie Wood – CEO of tech-focused investment manager ARK Invest – says her conviction in Bitcoin (BTC) remains unshaken despite the asset’s recent “sell the news” market wipeout. Bitcoin climbed for four months in a row after Bitcoin asset manager Grayscale bested crypto-skeptical federal...
Pandoshi (PAMBO) Stage 3 Sold Out, Total Raised Over $2 Million
22.1.2024
Pandoshi (PAMBO), a rapidly ascending star in the cryptocurrency sky, has achieved a remarkable milestone: the complete sell-out of its Stage 3 presale, raising over $2 million. This significant achievement underscores the increasing investor confidence in Pandoshi, as enthusiasts and crypto...
Litigation Analyst Gives Coinbase a 70% Shot at Full Dismissal in SEC Case
22.1.2024
According to Bloomberg senior litigation analyst Elliott Stein, the major US-based crypto exchange Coinbase might be looking at a favorable outcome in its legal battle against the US Securities and Exchange Commission (SEC). In a recent post on X, Stein shared his analysis of the case and expressed...
Hut 8 Responds to Short Seller Report Accusing Bitcoin Miner of Malpractice
21.1.2024
Bitcoin miner Hut 8 has expressed confidence in its latest partnership with USBTC following a controversial report released by JCapital Research warning investors of possible risks. In a brief response on Jan 19, the company stated that it had read the report and would provide all necessary updates...
Circle CEO Jeremy Allaire Expects US to Pass Stablecoin Legislation in 2024
16.1.2024
Circle CEO Jeremy Allaire has expressed his confidence in the United States finally passing long-awaited stablecoin legislation this year. In a recent interview with CNBC at the World Economic Forum’s annual meeting in Davos, Switzerland, Allaire said there is growing momentum in...
Bitcoin Price Prediction as Greed Index Hits Neutral Post-ETF Launch – Are Investors Losing Confidence?
15.1.2024
In the dynamic realm of cryptocurrency, Bitcoin‘s price trajectory has recently taken a downward turn, falling to $42,000 amidst diminishing enthusiasm for Bitcoin exchange-traded funds (ETFs). This decline occurs against the backdrop of a slightly contracting global crypto market, which...
Nigerian Payments Fintech Startup Cleva Secures $1.5 Million in Pre-Seed Funding
10.1.2024
The Y Combinator-backed Nigerian fintech startup has reportedly raised $1.5 million in pre-seed funding. Tolu Alabi, the CEO of Cleva, expressed confidence in her and fellow co-founder Philip Abel’s ability to navigate the competitive fintech market, citing their background as a factor that counts...
Less Than A Week Before eTukTuk (TUK) Presale Enters The Next Stage, Investors Piling In
9.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. eTukTuk (TUK) stands out as a prime example of effective blockchain utilization, fostering the shift to electric vehicles (EVs) and supporting local economies within its ecosystem. The project...
Investors Rush As Pandoshi (PAMBO) Presale Stage 3 Is Quickly Selling Out
7.1.2024
Pandoshi, an emerging player in the crypto market, is quickly gaining recognition for its novel approach and successful early funding rounds. Earning rapid acclaim in the crypto sphere, Pandoshi has raised over $1,700,000, reflecting market confidence in its future. The project differentiates...
Solana Price Prediction as SOL Falls 9% Overnight – Are Investors Regaining Confidence?
4.1.2024
The Solana price has dropped by 9% in the past 24 hours, sinking down to $98.69 after fears over another Bitcoin ETF delay pulled the wider market down yesterday. Even with the sharp pullback, SOL remains up by 14% in a fortnight and by 64% in the last 30 days, with the altcoin also sitting...
Is It Too Late to Buy Mina Protocol? MINA Price Jumps 8% as New Mining Protocol Receives $7 Million in Funding
1.1.2024
While the MINA price has been rallying since December 19, Bitcoin Minetrix presale has surpassed expectations, reaching $7.1 million in crypto presale round. Image by Kerem Goktug Kaya, DALL-E 3. Mina Foundation‘s MINA has been performing well since December 19, which can be attributed to...
SEC Chair Gary Gensler Issues Crypto Warnings as Anticipation of Spot Bitcoin ETF Approval Soars
23.12.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings regarding cryptocurrency investments. “There is a lot of noncompliance in the crypto space,” he stressed, emphasizing that it “undermines confidence when so many people have been hurt and...
Ghana’s Securities Regulator Creates Taskforce to Build Capacity for Crypto Asset Oversight
20.12.2023
The Ghanaian securities regulator has established a task force which is expected to help it boost its capacity to regulate crypto assets. Ghanaian residents have continued to trade and invest in cryptocurrencies and this has forced the regulator to think of ways to protect crypto users. Gaining...
S&P’s Stablecoin Report Is a Vote of Confidence for Crypto
19.12.2023
Stablecoins are “something we're putting strong resources towards, because we know it's a growing area both in traditional and new financial areas,” a leading S&P analyst said
Solana’s JTO on a rollercoaster ride, InQubeta (QUBE) presale cruising past $6.8 million mark
17.12.2023
The crypto world is abuzz with the rapid rise and fall of Solana’s JTO token, a rollercoaster ride following its recent airdrop. Amidst this fluctuating market, InQubeta (QUBE) is making significant strides, steadily cruising past the $6.8 million mark in its presale, showcasing remarkable...
Brazil Expansion Is “Central Focus” for Coinbase
14.12.2023
Source: Rochu_2008/Adobe The crypto exchange giant Coinbase says that Brazil has “become a central focus” in its “global growth strategy.” The Brazilian media outlet Livecoins said Coinbase recognized “Brazil’s growing importance in the cryptocurrency market.” And it said the exchange...
German and US consumer confidence: Latest insights
4.12.2023
Consumer confidence and sentiment are important economic indicators for the foreign exchange market. The consumer confidence index (CCI), conducted every month, determines consumer sentiment by measuring spending plans for large purchases such as cars and real estate. This indicator evaluates...