Author name: Peter

Nigeria’s Plans to Include Fintechs in Broadened Official Currency Market

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Nigeria Contemplates Outlawing Forex Parallel Market Nigeria is taking steps to expand its official currency market to include "legitimate" participants, such as bureaux de change and financial technology companies. Taiwo Oyedele, a member of President Bola Tinubu's committee on fiscal policy and tax reforms, revealed this plan during the Nigerian Economic Summit. Additionally, the government […]

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Evolution of Crypto Custodians: New Use Cases for Institutional Customers

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Introduction A recent report by Ccdata, a digital asset-focused research firm, sheds light on the evolving landscape of crypto custodians and their introduction of new use cases for institutional customers. This article explores the key findings of the report and highlights the growing trends in the industry. The Rise of Crypto Custodians According to Ccdata's

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Prosecutors Question Sam Bankman-Fried’s Memory in FTX Case Without Jury

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Prosecutors Probe Sam Bankman-Fried's Message Deletion Practices During an ongoing hearing, federal prosecutors interrogated Sam Bankman-Fried, the CEO of now-bankrupt crypto exchange FTX, regarding his message deletion practices and the alleged use of customer funds. The prosecutors focused on Bankman-Fried's use of the encrypted messaging app Signal and his enabling of auto-delete features in 2021.

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Ethereum’s Dencun Upgrade Faces Delay Amid Testing Requirements

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Ethereum's Dencun Upgrade: Mainnet Release Now Anticipated in 2024 The highly anticipated Dencun upgrade for the Ethereum blockchain won't be making its debut in 2023 as initially expected. Ethereum's core developers have decided to push back the upgrade's release until at least 2024, a revelation made during the latest All Core Developers meeting. After the

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Bitcoin’s Longevity Examined by Market Strategist Gareth Soloway; Anticipates Gold Surge

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Introduction The year-to-date performance of bitcoin (BTC), the leading digital currency by market cap, has been remarkable, with an increase of over 100%. This has sparked curiosity about the duration of its upward trajectory. Gareth Soloway, the head market strategist at inthemoneystocks.com, recently discussed the potential longevity of this rally and also touched upon the

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Bitcoin Retreats Below $35,000, Ethereum Rises Above $1,800

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Bitcoin Falls Below $35,000 Again After briefly surpassing the $35,000 level on Wednesday, bitcoin has once again retreated below this mark during today's trading session. Despite the decline, the cryptocurrency continues to trade near its 18-month high on Thursday. Yesterday, bitcoin reached a high of $35,133.76 before dropping to an intraday low of $34,151.88 earlier

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The Crypto Fear and Greed Index Indicates Bullish Market Sentiments

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As anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S. grows, the price of bitcoin has been trading higher, reflecting a shift in investor moods. This week, the Crypto Fear and Greed Index (CFGI) entered the green zone, indicating positive market sentiments. Surge in Bitcoin Price The price of bitcoin has experienced

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Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery

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The decentralized finance (defi) market has experienced a notable recovery as the total value locked (TVL) surpasses $40 billion. This milestone comes after the TVL remained below this level since mid-August. Furthermore, the top 100 defi coins by market capitalization are just shy of reaching the $50 billion mark. Defi Market Bounces Back as TVL

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Bitcoin Price Prediction: Experts Forecast BTC to Reach $87,000 by 2025

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Bitcoin's Market Dominance and Potential Bitcoin (BTC), the leading cryptocurrency by market cap, has garnered significant attention in the digital currency realm due to its robustness and market dominance. Currently, its value hovers just below the $34,000 mark. As per the latest bitcoin price prediction report from finder.com, industry specialists provide insights into anticipated future

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