Cryptocurrency

In a recent address, Andrew Abir, the deputy governor of the Bank of Israel, shared his positive outlook about the digital shekel, also known as the Israeli central bank CBDC. He expressed his belief that this new form of digital currency has the potential to bring about significant changes in the b…

The digital finance realm is buzzing with anticipation as Certo officially broadcasts the initiation of its highly-awaited testnet, signifying a monumental stride in their groundbreaking peer-to-peer lending venture. The Certo testnet launch revolutionizes digital trade through its unparalleled secu…

Arbitrum (ARB), a prominent player in the cryptocurrency world, is gearing up for a substantial token release slated for April 16th. This event is expected to bring with it high market volatility, a common phenomenon associated with such occurrences. Data from TokenUnlock indicates that close to 92….

The risk of Bitcoin outflows has become a dominant issue for investors, given the recent withdrawal of $110 million from Bitcoin investment portfolios. This shift towards a risk-averse stance among investors can be attributed to the increasing geopolitical tensions and the dwindling momentum of Bitc…

Bitcoin has recently seen a significant bounce back, surpassing the $66,000 threshold once again. This resurgence occurred following a period where the cryptocurrency was close to the Realized Price of the Bitcoin short-term whales during a transient slump. The term ‘Realized Price’ denotes the aver…

XRP, Ripple’s cryptocurrency, has recently suffered a significant drop in its price, experiencing a 34% decrease that resulted in it breaking through crucial support levels, including the 100 and 200-day moving averages, and a longstanding upward trendline. This led to XRP hitting a key support regi…

The Solana Foundation has recently taken action to deal with network congestion problems, largely caused by the soaring demand for Solana block space and the increased network activity. In a bid to counter these issues, the Solana development team introduced the Solana mainnet beta update, specifica…

Bitcoin price analysis reveals that the cryptocurrency recently experienced a notable decrease, primarily due to geopolitical unrest between Israel and Iran. This dip resulted in Bitcoin’s drastic fall from over $70,000 to approximately $60,500, initiating a bearish trend in the market. However, the…

Nigeria is currently facing the aftermath of the ‘Binance crackdown Nigeria’ incident, leading to worrisome shifts in market behavior, particularly within the Web3 sector. Lucky Uwakwe, who spearheads Nigeria’s intercommunity task force and chairs the Nigerian BlockchainThink of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It's a chain of transaction blocks linked chronologically. Industry Coordinating Commit…

During the past weekend, the ‘Bitcoin market slump’ witnessed a substantial drop, with the value of the cryptocurrency decreasing by around five thousand dollars to a multi-week low, hovering around $61,000. This severe decline had an impact not only on Bitcoin but also on other cryptocurrencies, so…

Bitcoin, the world’s most popular cryptocurrency, has recently experienced a 7% decline in its price. This price drop has had a significant impact on traders, especially those who had short positions, with approximately $1.05 billion at stake if Bitcoin’s price were to revert to its value from the p…

Wally Adeyemo, the Undersecretary of the U.S. Treasury, has expressed alarm over Russia’s growing reliance on alternative payment modes, particularly Tether USDT, to circumvent sanctions and sustain its military endeavors. These concerns were raised during a hearing named ‘Countering Illicit Finance…