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Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
4.8.2022
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs...
Bitcoin miner capitulation due to end amid 1st difficulty increase since June
1.8.2022
It may be as soon as August that miners start returning, and difficulty is already planning an uptick
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $24,000, While ETH Nears $1,800
29.7.2022
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin...
Is the end of this crypto winter in sight? | Find out now on Market Talks with Ted Warren and Mark Yusko
28.7.2022
Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Mark Yusko
Zcash Trades Around Its Long-term Support; Is It an End for ZEC?
28.7.2022
Zcash was one of the most promising and rising stars of 2021, but all of a sudden, everything turned sour as this blockchain now violates several regulatory laws, which don’t allow room for private transactions. Despite offering transaction data for audits and regulatory actions, Zcash doesn’t...
Japan’s crypto groups call for end of taxing paper gains
28.7.2022
Danny Talwar from crypto tax platform Koinly said Japan's regulatory environment makes it difficult for businesses and individual investors to hold digital assets in Japan
Finder’s Experts See ‘Fairly Bright Future’ for Binance Coin — Predict BNB Reaching $781 by 2025 and $1,814 by 2030
28.7.2022
A panel of crypto industry experts “sees a fairly bright future ahead” for Binance coin, predicting bnb to rise to $781 by 2025 and $1,814 by the end of 2030. One expert explained that “Since the bnb chain ecosystem continues to grow, the price may reach as high as $3,000...
Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency
24.7.2022
While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve...
Coinbase Disputes SEC’s Allegation That the Exchange Lists 9 Crypto Securities
24.7.2022
Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission (SEC) that nine of the crypto assets traded on its platform are securities. The company’s chief legal officer stressed: “Coinbase does not list securities. End...
Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments
23.7.2022
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year...
Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure
22.7.2022
Crypto lender BlockFi has $1.8 billion in open loans and $600 million in exposure, suggesting that loans are collateralized at a ratio of 2:3
Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project
22.7.2022
A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using...
JPM Sees Crypto Retail Demand Improving, End of 'Intense' Deleveraging Phase
21.7.2022
Demand for crypto is improving and the intense deleveraging phase appears to be behind us, according to JPMorgan (JPM)
The Credit Crunch Is Not the End of Crypto Lending
20.7.2022
It is a mistake to view Bitcoin’s success as a trade-off against the creation of credit. Its future depends on it, says our columnist, a partner at Castle Island Ventures
Volatile Months Ahead for Ethereum & USD 1,711 Likely for Year-End, Says Crypto Industry Panel
20.7.2022
The price of Ethereum’s native token ETH could drop to a low of USD 675 – and rise to a high of USD 2,673 – before ending the year at USD 1,711, according to a panel of crypto industry professionals surveyed by comparison website Finder.com....
Read More: Volatile Months Ahead for Ethereum &...
Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably
20.7.2022
A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before...
Cardano Price to End Year at USD 0.63, Increasingly Bearish Panel Predicts
19.7.2022
A panel of crypto industry players surveyed by comparison website Finder.com has predicted that Cardano’s native token ADA could reach USD 0.63 by the end of the year – a significant downgrade from the previous prediction.
Judging from an average of the panelists’ responses, Cardano’s native token...
Crypto Winter Will End Before 2022 Is Out - Korbit
18.7.2022
South Korean researchers say that crypto winter will end before the financial year is over, but think that the US Federal Reserve’s attempts to bolster the United States economy could continue to influence crypto markets in the meantime....
Read More: Crypto Winter Will End Before 2022 Is...
Finder’s Fintech Experts Predict Cardano Will End the Year at $0.63 per Unit
15.7.2022
Following the recently published bitcoin price prediction report issued by the product comparison web portal finder.com, the site’s researchers polled 53 financial technology (fintech) specialists in order to forecast the future value of cardano (ADA). According to the survey’s...
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset
15.7.2022
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end...