The influence of cryptocurrency platforms is significant, and their operations can have far-reaching effects across the entire crypto landscape. The recent allegations against Metamask, a popular Ethereum wallet and browser extension, underscore the need for these platforms to operate with transparency and be held accountable for their actions. The potential of the digital currency market […]
Wall Street expert Linda Jones has recently expressed her bullish outlook on XRP, a digital asset created by Ripple. In a recent interview, Jones discussed the potential of XRP and the technological innovation behind its creation. She believes that the digitalization of commerce and currency that XRP represents could be a more significant opportunity than […]
The crypto industry is on tenterhooks as it awaits the SEC’s decision on Bitcoin ETFs. Asset management firm VanEck has pledged to donate 5% of the profits from its spot Bitcoin ETF (if approved) to support core Bitcoin developers. Valkyrie’s filing for securities registration of its Spot Bitcoin ETF with the SEC has sparked anticipation […]
The Central Bank of Nigeria (CBN) has approved the cNGN stablecoin, a new digital currency created by the Africa Stablecoin Consortium (ASC), a collaboration of Nigerian banks and fintechs. This move has sparked discussions among Nigerian cryptocurrency industry stakeholders about the potential adoption rate of the cNGN compared to the eNaira, Nigeria’s central bank digital […]
The cryptocurrency market is witnessing significant evolution, with IOTA making substantial progress. A key development is the integration of IOTA with CityBot, a project by the EDAG Group that offers a glimpse into the future of transportation and automated logistics. CityBot, a versatile robot, navigates warehouses with precision, handling tasks such as item location, transportation, […]
Bitcoin (BTC) whales are gradually cashing in on their investments in anticipation of the forthcoming ETF approval. Solana (SOL) and Ethereum (ETH) have also witnessed a fair amount of profit-taking in the market. Despite this, all these assets continue to demonstrate stable performance. In other news, Pushd (PUSHD) has embarked on a new phase of […]
Renowned Bloomberg ETF analyst Eric Balchunas has reduced the likelihood of the US Securities and Exchange Commission (SEC) rejecting the launch of the Bitcoin spot ETF to a mere 5%. This updated prediction comes as crypto enthusiasts globally await the SEC’s broad approval of several Bitcoin spot ETF proposals on Wednesday, January 10.In October, Eric […]
BlackRock, the world’s largest asset manager, is reportedly preparing to cut its global workforce in the coming days. This decision comes as the firm anticipates positive news from the US Securities and Exchange Commission (SEC) regarding its Bitcoin spot exchange-traded fund (ETF). BlackRock is one of many asset management firms aiming to offer a spot […]
The Digital Currency Group (DCG) has successfully paid off all short-term loans from its bankrupt subsidiary Genesis, as officially announced on January 6th. Over the past year, DCG has cleared more than $1 billion of debt to various creditors, with nearly $700 million directed towards Genesis, thereby fulfilling all its current obligations.Barry Silbert, the founder […]
In a significant development, Kyrgyzstan has seen a surge in its crypto mining tax revenue, which now stands at $900K. This is a significant increase from the $133,200 collected during the same period in 2022. In the United States, a new IRS mandate requires anyone receiving $10,000 or more in crypto as part of their […]
