CRYPTOCURRENCIES
Bitcoin Returning to Exchanges Record the Fastest Rate in 16 Months
The selling pressure witnessed in the Bitcoin market that drove the price to lows of $29K happened as high supply returned to crypto exchanges.
UK to Carve Out Ways for "the Safe Adoption of Cryptocurrencies"
Her Majesty, Queen Elizabeth II, delivered her speech to the Houses of Parliament Tuesday in the UK that new regulations will be introduced to strengthen its financial services sector, encompassing the impact on cryptocurrencies.
Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says
For crypto’s full potential to be harnessed, striking a balance between divergent patterns and enhancing diversity at all levels is needed, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.
Bitcoin Slips to $34.5K, Are Short-Term Holders Behind the Selling Pressure?
Bitcoin has been downtrending since May 5, and liquidation in the market continues over the weekend.
Bitcoin Slips to $35.7K as Daily Active Addresses Hit a 5-Month High
Bitcoin (BTC) entered the weekend in the red after dropping to the $35.7K level based on a high number of daily active addresses, according to market insight provider Santiment.
Argentina Halts Crypto Operations Undertaken by Financial Institutions
Days after Argentina’s largest private bank Banco Galicia opened crypto trading services, the nation’s central bank cracked the whip by banning financial institutions from carrying out crypto transactions.
Binance Provides Blockchain Education to Francophone Africa, Narrowing the Financial Gap
To offer lifelong financial and career development to French-speaking Africans, leading crypto exchange Binance is offering blockchain education in Cameroon and Francophone Africa.
Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?
Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002.
South Korean Companies Adopt NFT Strategy to Attract the Younger Generation
Non-fungible tokens (NFTs) have been endeared in the South Korean market as companies treat NFTs as one of the favourable marketing tools.
Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?
Profit-taking tendencies in the Bitcoin market contributed to the price dropping below the psychological price of $40,000.
Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed
After hitting lows of $37,585 over the weekend, Bitcoin has gained some momentum by breaching the $38K level.
26% Brazilians Invested in Crypto over Last 6 Months, Study Shows
A transition to cryptocurrencies as a means of payment and store of value by 26% of Brazilians in the last six months has been prompted by being unbanked or underbanked and high inflation rates, according to a study by crypto exchange KuCoin.
67% of Retail Investors See Crypto as a Trustworthy Investment, Study Shows
As a show of belief in the crypto space, 67% of retail or investors deem cryptocurrencies as trustworthy investments, wile only 11% seeing them as untrustworthy, a study shows.
Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking
The $38K to $40K zone of Bitocin is proving to be a hard nut to crack in the market. Nevertheless, BTC whales have been accumulating heavily in this area.
More Than 1,000 Crypto Deals Sealed for Venture Capital Firms, Worth $17bn in 2022
Venture Capital (VC) firms continue penetrating the crypto sector, given that they have pumped in $17 billion so far this year.