Counting Down to the Fourth Bitcoin Halving With less than 80 days remaining until Bitcoin's fourth halving event, excitement and speculation are building in the market. This upcoming halving will reduce the block reward from 6.25 bitcoins per block to 3.125 bitcoins per block, and many are wondering how it will differ from previous halvings. […]
Anticipation Grows as Bitcoin’s Fourth Halving Approaches Read More »
NFT Sales Defy Recent Downtrend The NFT market has seen a significant boost with a 3.74% increase in sales compared to the previous week, amounting to a total of $236,234,800 over the past seven days. This rise comes as a surprise, as the market has been experiencing consecutive weeks of declining sales. Top-Performing NFT Collections
NFT Collections Drive Market Recovery With 3.74% Increase in Weekly Sales Read More »
Introduction In a remarkable turn of events, the market cap of the artificial intelligence (AI) cryptocurrency sector has experienced a significant increase, growing from $6.08 billion to $7.15 billion in just 12 days. This surge can be attributed to the impressive performance of bittensor (TAO), which saw a remarkable 31.6% increase against the U.S. dollar
The AI Cryptocurrency Sector Surges, Adding $1 Billion in Just 12 Days Read More »
The Central Bank of Nigeria (CBN) has made a significant policy change by removing caps on naira payout rates for international money transfer operators (IMTOs). This move, announced on January 31, is part of the CBN's efforts to further liberalize the foreign exchange market. Policy Adjustment for IMTOs Prior to this policy adjustment, IMTOs were
The Central Bank of Nigeria Removes Caps on Naira Payout Rates Read More »
The Central Bank of Egypt (CBE) is taking further steps to stabilize the country's teetering economy by planning a treasury bill (TB) auction worth $1 billion. This move comes just a month after the CBE raised $850 million through a similar auction. The aim of these auctions is to ease pressure on Egypt's foreign exchange
Egypt’s Efforts to Stabilize Economy: $1 Billion Treasury Bill Auction Read More »
Introduction The Hong Kong Securities and Futures Commission (SFC) has recently emphasized the significance of using approved virtual asset trading platforms (VATP) for crypto investors in the region. The SFC has urged investors to verify the regulatory status of VATPs before engaging in any transactions to ensure their funds are protected and secure. Prior Warning
The Importance of Using Approved Virtual Asset Trading Platforms in Hong Kong Read More »
The Shift in Market Sentiment Bitcoin has taken the world by storm, with social media conversations and mainstream media coverage all focusing on this digital currency. People who were once unfamiliar with Bitcoin are now seeking advice on how to buy and accumulate it. This shift in market sentiment indicates a growing interest in Bitcoin
The Rise of Bitcoin: A Guide for New Investors Read More »
Introduction Vast Bank, a financial institution based in Oklahoma, United States, has made the decision to close its cryptocurrency mobile app and exit the digital asset market. This move comes in response to a consent order issued by the Office of the Comptroller of the Currency (OCC). The bank's decision to discontinue its cryptocurrency services
Vast Bank Shuts Down Cryptocurrency App and Exits Digital Asset Market Read More »
Introduction ARK Invest's CEO Cathie Wood has observed a notable change in investment preferences, with an increasing number of investors favoring bitcoin over traditional gold investments. This shift has become more pronounced following the introduction of spot bitcoin exchange-traded funds (ETFs), which offer investors a more convenient way to access the cryptocurrency. Investors Shifting from
Blackrock's Ishares Bitcoin Trust (IBIT) Gains Momentum in ETF Market Blackrock's Ishares Bitcoin Trust (IBIT) has quickly risen to the forefront of the exchange-traded funds (ETFs) market, ranking among the top five in terms of 2024 inflows within just 17 days. This impressive growth highlights the increasing investor interest in cryptocurrency as a legitimate asset
Blackrock’s Bitcoin ETF Soars to Top Five in 2024 ETF Inflows After Just 17 Days Read More »