Category: Cryptocurrency
The tally of “rekt” traders keeps mounting as Bitcoin revisits levels absent since September. 5388 Total views 67 Total shares Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bears lose big as Bitcoin climbs Data from Cointelegraph Markets […]
Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now? After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%. Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and […]
The Monetary Authority of Singapore (MAS) is introducing proposals to better regulate the cryptocurrency industry in the aftermath of the bankruptcy of the Singaporean crypto hedge fund Three Arrows Capital (3AC). The central bank of Singapore has issued two consultation papers on proposals for regulating the operations of digital payment token service providers (DPTSP) and […]
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom. 1814 Total views 8 Total shares The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (BTC) cryptocurrency and “digital settlement assets” in the country. The […]
With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens. 1102 Total views 6 Total shares Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population. According to a Bloomberg report, less than 0.5% of Nigeria’s 217 million […]
Reddit NFTs among OpenSea’s top 10 collections Reddit’s Polygon-based nonfungible token (NFT) venture continues to impress, with three of its tokenized avatar collections cracking the top 10 projects on OpenSea in terms of sales volume this week. Looking at the 24-hour sales volume chart, Spooky Season by Reddit user poieeeyee is ranked second with 274 […]
After Elon Musk signaled his intention to continue the deal to buy the social media platform earlier in October, reports are emerging that the acquisition is almost over. 956 Total views 27 Total shares Crypto-friendly billionaire Elon Musk is set to finalize the acquisition of social media platform Twitter by Friday, Oct. 28 which brings […]
Nearly half of Gen Z and Millennials want to see crypto become a part of their 401(k) retirement plans, according to an October survey from United States asset manager Charles Schwab. Asking participants what they would like to see added to their 401(k) retirement products, the firm found that 46% of Gen Z and 45% […]
The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles. He is also a firm crypto supporter. 5081 Total views 98 Total shares Rishi Sunak is set to become prime minister of the United Kingdom within days. Sunak was defeated for […]
There is a limit of $999 every seven days for BTC transactions on the Lightning Network. 2031 Total views 12 Total shares According to a new page added to its support section on Oct. 25, Cash App — a mobile phone payment processing app created by Block Inc. — has added support for transactions via the Bitcoin […]
