Cryptocurrency Trends
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The Top Four Arguments That Support the Recovery of the Bitcoin Price
The price of Bitcoin has successfully bounced back above the $59,000 mark following a recent decline. Analysts are now predicting…
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Sam Altman’s Crypto Project Worldcoin Eying Partnership with OpenAI
As the US regulators extended their enforcement action on digital assets, the key industry players are exploring ways to operate…
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Yuga Labs’ Proposed Restructuring Plans Results to Headcount Reduction
In its April 26 report, the developer of Bored Ape Yacht Club Yuga Labs unveiled its restructuring plans. The proposed…
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Payment Provider Stripe Revive Crypto Initiative by Launching USDC Payment
In its Thursday report, the giant payment company Stripe revealed plans to support USD Coin (USDC) payments. The announcement created…
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Crypto Advocacy Groups Support Tornado Cash Developer Roman Storm
Following the apprehension of the Tornado Cash developer Roman Storm, the crypto advocacy groups have stepped up to challenge the…
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FTX Estate Selling Locked Solana Worth $7.5 Billion
In a recent announcement, the estate of the now-defunct crypto exchange FTX is selling the remaining 41 million locked Solana…
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Hong Kong Company Partners with Ethiopian Investment Holdings to Establish $250M Data Center
After discovering a cheap energy source in Africa, key Bitcoin miners have demonstrated interest in expanding to the region. In…
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Analyst Urges Nigerian Authority to Develop Friendly Crypto Licensing Regulation
The growing popularity of digital assets in West Africa obliged the policymakers to address the regulatory gaps in the crypto…
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JPMorgan Classify Stock (COIN) to ‘Underweight’ Rating
The analysts of American investment bank JPMorgan classified the Coinbase stock (COIN) to underweight rating. The latest category portrays a…
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Chainalysis Report Shows Crypto Crime Decrease By 29% in 2023
As criminals intensify their activities in the crypto sector investors expressed concerns about the safety of the digital industry. The…
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Socket Protocol Suffers Security Breach Leading to Loss of $3.3 Million
In an official communication dated January 16, the renowned cross-chain protocol Sockets suffered a malicious attack, impacting the loss of…
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Phoenix Prepare For Upcoming Bitcoin Halving, Acquires New Mining Equipments
In an advanced communication, the prominent crypto-miner in Abu Dhabi Phoenix Group revealed plans to acquire new mining rigs. In…
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CleanSpark Acquiring 160,000 Bitmain Miners Ahead of 2024 Bitcoin Halving
In a January 8 update, the renowned Bitcoin miner in the US, CleanSpark Inc., secured a strategic agreement to purchase…
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Industry Leaders Envisage cNGN Adoption to Outpace eNaira
As Nigeria seeks to become the go-to destination for crypto firms in Africa, local companies have stepped up to support…
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Goldman Sachs Predicts Approving Spot Bitcoin ETF to Deliver Institutional Investors to Crypto
Goldman Sachs’s outlook on the anticipated approval of spot crypto exchange-traded funds (ETFs) predicts greater institutional interest in digital assets.…
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ETC Group Predicts Ether to Outperform Bitcoin in 2024
Analysts drawn from the ETF Group are forecasting ether to outperform Bitcoin in 2024, citing deflationary mechanisms and the growing…
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