With the Bitcoin Halving event expected to happen in a few hours, the crypto market is buzzing with anticipation, driving a surge in major cryptocurrency prices. Scheduled approximately every four years, this event has significant implications for both the crypto and broader financial markets. Now, as miners brace for reduced rewards, investors eagerly await potential price surges.  So, here’s a […]

The crypto market was navigating turbulence on Friday, with major digital assets tumbling. After a brief but spectacular rally following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US, the OG cryptocurrency Bitcoin has seen a steady decline in its prices. Headwinds for the crypto market continue to linger, with more than $247 […]

The digital currency advocacy group Coin Center has strongly opposed the Lummis-Gillibrand Payment Stablecoin Act, saying it ‘would impermissibly infringe upon constitutional rights.’ The bipartisan bill, which has the support of Senators Kirsten Gillibrand and Cynthia Lummis, is meant to regulate the payment of stablecoins. The lobbying group Coin Center claims the bill’s prohibition on […]

The 14th largest cryptocurrency by market cap, Chainlink has made a quick recovery from the crypto market sell-off on Thursday. While the BTC price plunged below $42000 and major altcoin prolonged their correction, the LINK price showcased sustainability above $14.2. With an intraday gain of 5%, the coin price is developing a bullish reversal pattern […]

The XRP price surge has captivated investors once again, signaling renewed confidence in the crypto. Notably, against the backdrop of a broader crypto market recovery following the Bitcoin Halving event, XRP’s upward momentum has sparked optimism among traders.  Meanwhile, a prominent analyst’s bullish prediction for XRP dominance has further fueled discussions about a potential rally, with targets set at […]

The rise of TrueUSD (TUSD) as a stablecoin has seen many card providers integrate the token as a part of their services. In one such partnership, Bit.Store on Friday announced a new collaboration with TUSD. The Berlin-based crypto card provider will now integrate TUSD as a tradable cryptocurrency for its card recharge. Bit.Store to offer […]

A Nigerian court postpones a trial of tax evasion on the Binance cryptocurrency exchange and two of its managers. The case will be heard on the 17th of May. Their adjournment was because of the formality of serving them the charges for Binance. The judge, Emeka Nwite, actualized this judgment during the Abuja sessions. However, […]

The first wave of exchange-traded funds tracking Bitcoin is witnessing strong investor interest. Net fund inflows into spot Bitcoin ETFs stood at $33.1 million at the close of the sixth trading day, according to data compiled by BitMEX Research. Financial services giant Fidelity’s Wise Origin Bitcoin Trust (FBTC) accounted for the lion’s share of inflows […]

The renewal of Section 702 of the Foreign Intelligence Surveillance Act (FISA) has been slammed by Vitalik Buterin, the co-founder of Ethereum, who has expressed fears that the implementation of new programs within Section 702 might affect the privacy and the crypto community at large. Advocates for digital privacy and decentralized technology now feel very […]

The U.S. economy appears to be preparing for a paradigm shift as the next Federal Open Market Committee (FOMC) meeting looms over the country’s economic horizon. With the current fed rates expected to remain the same, a whirlpool of speculations appears to be birthing for the projections of Fed officials for 2024. As the meeting […]