CRYPTOCURRENCIES
Bitcoin’s Movement Shows the Redline Between Net Buyers and Sellers is the $40.9K Zone
Bitcoin has shown the area separating net buyers and sellers is the $40.9K area based on data collected between October last year and April 2022.
Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse
SFLMaven, a luxury jewellery and goods provider, has started accepting Bitcoin payments in the real world and the metaverse for high-end vintage jewellery items.
Crypto Investors’ Realized Gains Increased by 400% to Hit $162.7m in 2021, Study Shows
With 2021 emerging as a strong year for cryptocurrencies, global investors made $162.7 million in realized gains, according to blockchain analytic firm Chainalysis.
64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues
The amount of Bitcoin’s circulating supply that has stagnated for at least a year hit an all-time high (ATH) of 64%, signaling a supply deficit.
UAE's YallaMarket Now Accepts Crypto Payments
YallaMarket, a grocery delivery startup in the United Arab Emirates, has announced it has started accepting crypto payments for its services.
US Secret Service Seizes Over $102m in Digital Currencies among Crypto Crimes
The United States Secret Service has notably confiscated as much as $102 million worth of crypto assets in its investigation of the activities of cybercriminals.
Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level
After dropping to lows of $38.5K over the Easter weekend, Bitcoin has gained momentum and breached the psychological price of $40,000 based on an uptick in trading volume.
35% of Nigerians Have Entered the Crypto Market in the Last 6 Months, Study Shows
Nigerians are entering the crypto space because of the lack of affordable financial services and high inflation rates, given that 35% of them were engaged in this sector in the last six months, according to a study by crypto exchange KuCoin.
Dallas Cowboys Signs Deal with Blockchain.com, Becomes 1st NFL Team to Enter Crypto Space
Dubbed as the first crypto deal in the National Football League (NFL), the Dallas Cowboys have chosen cryptocurrency platform Blockchain.com as its “exclusive digital asset partner.”
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.
Robinhood Rolls Out Tokens Offerings, Adding SOL, SHIB, MATIC & COMP
To meet customer requests for a broader selection of cryptocurrencies, American financial services company Robinhood has listed Shiba Inu, Solana, Polygon and Compound.
22 Bitcoin ATMs Established Globally Per Day in March, Study Shows
The number of Bitcoin ATMs continues to rise, it is estimated that 22 machines were installed per day last month all around the world, a study shows.
Crypto ATM Market Expected to Hit $1.18B by 2028, Driven by Increasing Fund Transfers
A surge in fund transfers is expected to expedite the global crypto ATM market to hit $1.185 billion by 2028, according to Vantage Market Research.
American Bank Inks Deal with Bakkt, Offering Trading & Holding of Tokens
To offer customers the option of accessing Bitcoin and Ethereum using their bank accounts, American Bank has partnered with Bakkt.
Nearly 70% of Merchants Believe Crypto Payments will Revolutionize Business Models, Study Shows
The appetite for cryptocurrencies in e-commerce continues to gain steam as they offer more convenient and safer payment methods, according to a report by global payments solution provider Checkout.com.