Bitcoin (BTC) has hit the limelight once more. That comes after the leading crypto recorded impressive gains within the past week. BTC surged over 12% during the timeframe. The intriguing info about Bitcoin halving emerged amidst the talks about the next bullish run. The 4th Bitcoin halving will happen sooner than the initial plan of…
Solana’s governance coin SOL recorded lucrative uptrends recently, with its price soaring by more than 10% over the past seven days. The price upswing gave investors hope for lucrative days ahead. Though the alternative token has recorded multiple optimistic developments within the community within the last few days, the sustainability of the ongoing hike remains…
MicroStrategy holds the most bitcoin than any other corporate company. Its bitcoin portfolio has over 128,900 bitcoin with a value of nearly $2.6 Billion in today’s market. The publicly traded software company plans to purchase more in the coming days. MicroStrategy to Sell Part of its Shares to Finance Bitcoin Acquisition MicroStrategy informed the Securities…
The Helium Foundation revealed a proposal on August 30, informing users about attractive updates. The foundation confirmed the plans of Helium’s core team to shift towards the Solana blockchain. Though the platform scheduled a proposal to commence by September 12, the HNT price immediately dropped by 11% over the following 24 hours after the proposal’s…
NEAR Protocols introduced the initial Protocol Working Group conference to debate the recent improvement proposals for the platform. The group will bolster NEAR’s future and ensure heightened developments. Besides the new development-focused group, NEAR witnessed a lucrative performance in the previous week. The latest weekly update shows NEAR conducted 2.25M transactions with 751,293 average transfers….
Uniswap has gained approximately 8.05% over the past seven days. UNI has retained optimistic price actions regardless of the present bearish market. However, what could be behind Uniswap’s impressive performance? The platform has seen several developments that might have contributed to this surge. Uniswap’s product head, Scott Gray, revealed that the firm would launch non-fungible…
Arbitrum, an Ethereum Layer2 solution, looks to regain its lost charm in the cryptocurrency space. The roll-up solution will undergo a massive Nitro upgrade next week. Meanwhile, Arbitrum witnessed an enormous surge in daily transactions, crossing 180,000 this week. Indeed, Arbitrum appears healthy compared to its rival, Optimism. Arbitrum’s organic growth saw it maintaining a…
Canada’s OSC (Ontario Securities Commission) has released a statement warning citizens about crypto exchanges. According to the report, the securities commission noted that some crypto exchanges in the country were unlicensed to offer securities. Among the companies are three KuCoin-related firms. Meanwhile, the latest warning from the OSC is part of its drive and mission…
A recent analysis of the spot markets shows that Ethereum and Bitcoin futures volumes are up again. Spot trading allows traders to buy and sell instantly delivered tokens to consumers. On the other hand, spot volumes are the number of digital currencies transferred on the on-chain platform. Spot Volume only indicates the successful transfers, not…
The king of crypto and the broader digital asset market are currently in a downward trend as prices plunge further. Bitcoin’s value has plummeted by over 10% since Friday, August 19. This happened when many liquidations had impacted the more significant crypto market. Data from CoinMarketCap shows that the price decline of Bitcoin has a…
The United States-based crypto firm Ripple has partnered with the foreign exchange platform, Travelex, to facilitate cross-border payments between enterprises. Accordingly, the new development would see Travelex utilize Ripple’s XRP token to process transactions in Brazil. Meanwhile, Travelex will use RippleNet’s On-demand Liquidity (ODL) to facilitate payments between entities using XRP. The Brazilian Central Bank…
Since the inception and growth of BTC, various BTC supporters have stated that it would overtake Gold in terms of value. Meanwhile, the market has been pretty rough for Bitcoin as its market valuation fell out of the top ten earlier this year. However, reputable cryptocurrency experts have upheld that the prediction of BTC overtaking…
Since the advent of digital currencies, various institutions have been exploring their potential. Various institutions, including central banks, have supported using these nascent technologies for payment. This is due to the ease of usage, speed, and financial inclusion it offers even to unbanked citizens. Meanwhile, central banks and other financial institutions are exploring the usage…
According to reports, a recent innovation with a cellular network could allow millions of users to trade BTC. This includes those who could not use BTC due to a lack of internet connections. The latest technology does not use a data connection to operate. Kgothatso Ngako, a developer in South Africa, has developed a tool…
As technology continues to advance, the issue of cybersecurity becomes more crucial for companies. This is due to increased fraud and data theft going on the internet. As a result, the CEO of PolySwarm firm, Steve Bassi, has called on firms to embrace blockchain technology for improved cybersecurity. PolySwarm’s CEO Highlights The Need For Blockchain …
The Deputy Governor of the SARB (South African Reserve Bank) recently stated that the organization had revised its stance on crypto. Currently, the central considers crypto to be financial assets. As a result, it is working on regulations to guide their usage. By 2023, the SARB plans to have a set of principles for cryptocurrencies…
Several financial regulators have been clamping down on the crypto sector in recent months. This is in an effort to control the new and mostly unregulated asset. Currently, Hong Kong is revising its anti-money laundering laws to include cryptocurrencies. This amendment is due to the increased usage of crypto in the state. On July 13th,…
Popular crypto exchange, Bitstamp, has announced plans to issue a fee for inactive accounts. The latest announcement will take effect from August 1st. Meanwhile, this news is due to the ongoing downturn in the crypto market. This decline has affected the revenue of several crypto firms. According to the exchange, inactive users will be charged…
Despite the IMF’s stance toward crypto, the agency has acknowledged the usefulness of digital assets. The organization believes digital assets could become an alternative to conventional financial products. In June, the IMF (International Monetary Fund) published a blog post citing the usefulness of cryptos and CBDCs. It believes they can be more effective for payment…
The Central Bank of Morocco (CBM) is working on a crypto regulation Bill. Also, the bill will help curb terrorism financing and money laundering in the country. This is because the bill will also upgrade the regulations guiding them. According to the governor of the Central Bank, Abdellatif Jouahri, the institution will release the regulation…
