The use of cryptocurrencies in Nigeria might have just been made legal again. According to unofficial sources, the Central Bank of Nigeria has claimed that there was never a time where it placed a ban on the use of cryptocurrencies. This was disclosed by a local media outlet that obtained […]
In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) addressed one of the most common criticisms of Bitcoin. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to use […]
Charles Hoskinson, the founder of Cardano (ADA), explained how he would consider that Cardano reached success. In a recently uploaded YouTube video, Hoskinson talked about the future of Cardano and how he thinks that the project could be successful. Furthermore, he explained which are the main features Cardano would need […]
In a busy week for news, let’s take a look back at the news stories that dominated the worlds of forex, fintech, and crypto, in our best of the week segment. eToro Confirms Public Listing with SPAC Merger The biggest news story of the week was undoubtedly eToro’s confirmed plans […]
The government of Belarus has outlined new proposals for regulating digital currency businesses and assets, which would see the High Technologies Park Administration tasked with the role of supervisory authority. First Deputy Prime Minister Nikolai Snopkov said a final decision would be made shortly confirming the new powers for the […]
Bitcoin price is struggling to clear the $60,000 resistance against the US Dollar. BTC is likely to start a strong decline if there is a close below the $57,000 support. Bitcoin failed to clear the $60,000 level and started a fresh decline below $59,000. The price is still well above […]
On Friday (March 19), Charles Hoskinson, Founder of Cardano (ADA), as well as Co-Founder and CEO of IOHK, described a scenario that would tell him that Cardano has “done something unique, magical, and special.” Hoskinson’s comments came in a video (titled “Short Thoughts: When Does Cardano Realize its Potential?”) he […]
Brazil Securities and Exchange Commission (CVM) approved Latin America’s first Bitcoin Exchange Traded Fund (ETF). Requested by firm QR Asset Management, their Bitcoin ETF will trade under the ticker QBTC11 on exchange B3. This platform is the world second to launch a ETF backed by the cryptocurrency, after Canada greenlighted […]
International body Financial Action Task Fork (FATF) has issued new guidance for decentralized applications (DApps). Its implications could directly affect the DeFi sector and could have consequences for DApp “operators” such as Uniswap, Sushiswap, and others. If you’re a shareholder of Uniswap (or MakerDAO), then you’re likely a VASP. And […]
In recent weeks, Bitcoin (BTC) addresses that hold more than 1,000 BTC have been selling part of their coins. Although this could be a cyclical pattern, it is worth taking into consideration that there might be some profit-taking at these price levels. Bitcoin Whales Sell Their Funds Bitcoin whales are […]
We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences.Ok