General News
Bitcoin’s Demand Could Outstrip Supply by Five Times
Following the recent halving event, Bitcoin (BTC) has undergone a pivotal transformation in its supply mechanism. Analysis from the cryptocurrency exchange Bitfinex projects that...
South Africa Advances Crypto Innovation with 75 New Licenses
South Africa is spearheading the cryptocurrency movement in Africa, having recently granted licenses to 75 companies, marking a pivotal moment in the integration of...
Mauritania to Develop National Digital Currency
Mauritania's Central Bank (CBM) is partnering with the German firm Giesecke+Devrient (G+D) to introduce a central bank digital currency (CBDC), marking a significant milestone...
Turnkey Raises $15M to Innovate Crypto Wallet Development
Turnkey, a trailblazing startup founded by former Coinbase engineers, has successfully raised $15 million in Series A funding, marking a significant milestone in its...
Venezuela’s Oil Giant PDVSA Bets on Tether to Skirt U.S. Sanctions
In response to new U.S. sanctions, Venezuela's state oil company, PDVSA, has adopted Tether (USDT), the world's foremost dollar-pegged stablecoin, as a strategic financial...
Ripple Challenges SEC’s $1.95 Billion Fine, Proposes $10 Million Penalty Instead
Ripple Labs is pushing back against a staggering $1.95 billion fine proposed by the U.S. Securities and Exchange Commission (SEC), arguing that a more...
FalconX Introduces Prime Brokerage Services for Institutional Crypto Trading
FalconX, a prominent player in cryptocurrency trading, has officially launched its new prime brokerage service, “Prime Connect,” aimed at institutional investors. This new service...
Bitcoin No Longer ‘Cheap’: Fidelity Neutral Mid-Term Outlook
Fidelity Digital Assets, in its latest Signals report, has revised its medium-term outlook for Bitcoin from "positive" to "neutral." This adjustment follows observations from...
The Naira’s Struggle: A Detailed Look at Its Recent Decline Against the USD
The Nigerian Naira has experienced a notable dip in its value against the US dollar, marking a new low in recent financial trends. On...
PayPal Innovates with Green Rewards for Bitcoin Miners
PayPal is taking a significant step towards promoting environmentally friendly Bitcoin mining practices by introducing a new incentive program. The initiative, spearheaded by PayPal's...
Bright Future Ahead for Hut 8 Post-Merger with US Bitcoin Corporation
Following its strategic merger with US Bitcoin Corporation (USBTC) last November, Hut 8 Mining Corp (HUT) appears poised for a prosperous future, according to...
Bitcoin’s Volatility Stands Out as Traditional Markets Flinch
In the financial markets, volatility has recently spiked across various asset classes, particularly in stocks and bonds as seen in the VIX and MOVE...