Blockchain
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency The continued volatility of the naira is expected to result in
Blockchain
$360 million sent Bitcoin from $68k to $71k amid highest spot buying of 2024
Glassnode’s Bitcoin Spot Cumulative Volume Delta (CVD) registered its highest reading of 2024 on March 11, hitting nearly $900 million This surge in the CVD, which measures the net difference
Blockchain
Ethereum ETFs Dream Wanes: Approval Odds Drop Significantly To 35%
Forecasts of approval of the much-anticipated Ethereum Exchange-Traded Funds (ETFs) are dwindling as top market analysts and experts express doubts about its possibility, citing a significant drop in
Blockchain
Cardano (ADA) Price Alert: Analyst Predicts 60% Rally In Next 7 Days
Optimism surrounds Cardano (ADA) despite some recent hiccups ADA stands resilient, maintaining a positive outlook despite a 5% decrease over the past week Currently priced at $075, ADA demonstrates a
Blockchain
Coinbase challenges SEC in court over ‘arbitrary and capricious’ rule making rejection
Coinbase has strongly criticized the Securities and Exchange Commission (SEC) for rejecting its rulemaking petition, labeling the decision “arbitrary and capricious” The crypto exchange
Blockchain
‘Web3 Gaming Offers a Pathway to a More Inclusive and Vibrant Gaming Ecosystem’ — Weiwei Geng
While the traditional gaming industry’s free-to-play model is largely credited for its past and projected success, on the downside this model only prioritizes building games that
Blockchain
Ethereum ETF Showdown: Hong Kong Plans To Launch First, Overtaking The US
Hong Kong is setting its sights on becoming a frontrunner in the cryptocurrency market, with plans to launch a spot Ethereum ETF (Exchange Traded Fund) This ambitious move comes amidst the booming
Blockchain
Bitcoin ETF ‘Floodgates’ Are Just Opening, Says Bitwise CIO Amid $72,000 Surge
In a recent appearance on CNBC’s ‘Halftime Report,’ Matt Hougan, Chief Investment Officer (CIO) of Bitwise Asset Management, shared insights into the burgeoning interest and
Blockchain
Tim Draper Expects Bitcoin to Transform El Salvador Into One of the Richest Countries in the World
Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for
Blockchain
White House Forecasts Bitcoin Surge To $250,000, Expert Reveals
In a post on X, Pierre Rochard, Vice President of Research at Riot Platforms (NASDAQ: RIOT), stirred the waters with his interpretation of the US government’s stance on Bitcoin Citing President
Popular
Ethereum Burn Rate Hits Yearly Low: What This Means For ETH’s Future
In recent weeks, Ethereum has displayed subtle signs of recovery amidst a generally bearish crypto market, with the altcoin mimicking Bitcoin’s modest uptrend Despite Ethereum’s price
Crypto Analyst Says Cardano Bloodbath Far From Over, Sets Bottom Price For ADA
Cardano has recovered from its April lows and continues to maintain a strong momentum above $045 This has prompted expectations that the altcoin will go on a rally from here However, not everyone
German central bank president calls for swift adoption of CBDCs to stay competitive.
Joachim Nagel, President of the Deutsche Bundesbank and a member of the ECB, emphasized the urgency for central banks to reassess their business models and swiftly adopt central bank digital
Elon Musk’s Tesla Adds Dogecoin Payments On Its Website, Is X Next?
Tesla, an American multinational automotive and clean energy company led by billionaire entrepreneur, Elon Musk, has announced that it will now accept Dogecoin (DOGE) as a form of payment on certain
NEAR Price Rally: 9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1
Decentralized application (dApp) platform Near Protocol exhibited notable growth in key metrics during the first quarter (Q1) of 2024, driving its native token NEAR to reclaim a crucial key level and