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Nigerian Firms Forecast Further Naira Depreciation
24.8.2024
A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in late 2024 or early 2025. This pessimism comes despite the CBN injecting millions into the forex market. The naira’s depreciation has fueled inflation, sparking...
Nigerian Central Bank Affiliate Partners With Blockchain Startup Zone to Boost Payments
24.8.2024
The Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone, a decentralized payment infrastructure company, to improve its payment services. NIBSS will use Zone’s blockchain technology to streamline its Payment Terminal Service Aggregation (PTSA) operations. Both NIBSS and Zone...
Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market
24.8.2024
Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01%...
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
23.8.2024
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the energy consumed by the equipment connected to the power grid. The detection...
Report Reveals Hamster Kombat Faces Legal Action From Early Investors
23.8.2024
Hamster Kombat, the Telegram tap-to-earn gaming sensation, is facing legal woes in Russia stemming from conflicts between its alleged creator, Eduard Gurinovich, and one of its early investors, Ad.ru, an IT holding company. According to reports from Lenta.ru, a popular Russian online newspaper...
New Hollywood Streaming App Giving Away $5000 in Celebration of ‘God Bless Bitcoin’ Documentary
23.8.2024
PRESS RELEASE. Hollywood’s hottest new social streaming app KINO – think Tik Tok meets Netflix – is giving away $5K this week to 7 lucky people in celebration of the premiere of the groundbreaking documentary “God Bless Bitcoin”. To sign up and secure a spot in the giveaway...
Bitcoin Surges to Nearly $64K, Adding to Gains as RFK Jr. Endorses Trump
23.8.2024
The independent candidate is suspending his campaign for president and removing his name from the ballot in ten "battleground" states
Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals
23.8.2024
Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt...
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
23.8.2024
Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish
Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
23.8.2024
Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish
Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
23.8.2024
Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish
FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement
23.8.2024
Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement that led him to plead guilty by resuming an investigation into his domestic partner, Michelle Bond....
Satoshi VS physics: How quantum Bitcoin miners could make ASIC obsolete
23.8.2024
Quantum rigs might pose a bigger threat to blockchains than quantum decryption
Satoshi vs physics: How quantum Bitcoin miners could make ASIC obsolete
23.8.2024
Quantum rigs might pose a bigger threat to blockchains than quantum decryption
Satoshi vs physics: How quantum Bitcoin miners could make ASIC obsolete
23.8.2024
Quantum rigs might pose a bigger threat to blockchains than quantum decryption
Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts
23.8.2024
Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target...
Gotbit Hedge Fund: Memes Are Driving the Next Wave of Blockchain Innovation
23.8.2024
Memecoins, initially a niche in the digital asset world, have grown into a significant force within the blockchain and crypto markets. These tokens, often associated with cultural references and humor, present unique opportunities for substantial financial gains, drawing in traders and investors...