Zimbabwe has replaced its faltering local dollar with a new gold-backed currency, named the Zimbabwe Gold (ZiG). This move, instigated by the administration of the President Emmerson Mnangagwa, indicates a major change in the nation’s monetary policy. ZIMBABWE’S MUCH ANTICIPATED NEW GOLD-BACKED ‘STRUCTURED CURRENCY’, THE ZiG, LAUNCHED The Reserve Bank of Zimbabwe [RBZ] today launched […]

The top crypto prices today didn’t witness much change as the Bitcoin (BTC) price sustained above the $67,000 level. In addition, the Ethereum price soared beyond the $3,300 mark. Meanwhile, other top altcoins, such as XRP and Cardano (ADA), Solana (SOL) dropped in value. Major Crypto Prices Today The Bitcoin price was up by 0.20% […]

Costa Rica has reignited discussions regarding the legalization of Bitcoin (BTC) and other digital assets for daily transactions. This move comes amidst a global trend towards embracing cryptocurrencies. Moreover, Costa Rica is poised to potentially join the ranks of nations embracing the digital currency revolution. Costa Rica Contemplates On Embracing Bitcoin JAN3, a Bitcoin technology […]

ADA, the native cryptocurrency of the Cardano ecosystem recently reverted from the $0.68 level amid the broader market correction. This lower high formation in the daily chart indicates the traders are selling on a bullish bounce which tumbled the ADA value 17.8% within a fortnight. Moreover, the declining price now challenges the key support of […]

Several pro-crypto organizations have come forward in support of Roman Storm, a developer of the Ethereum privacy protocol Tornado Cash. Storm, arrested in August, faces charges related to his involvement with the platform. Last week, he sought to dismiss the charges, arguing against the government’s portrayal of Tornado Cash and blockchain technology. Roman Semenov, another […]

The Bitcoin price has been flirting around the $69,500 level recently as it awaits key economic data ahead of this week. Furthermore, starting today, the Bitcoin ETN products will be available on the London Stock Exchange for trading. Key Macro Data Release This Week This week, investors are bracing for a slew of macroeconomic events […]

The biggest mystery surrounding the identity of Satoshi Nakamoto, the creator of Bitcoin, remains unsolved after a 15-year saga of top cryptocurrency Bitcoin. Multiple theories have popped up for finding the true identity of Satoshi Nakamoto, and a new theory on Satoshi Nakamoto has now surfaced. A New Theory on Satoshi Nakamoto A Reddit user […]

In a flurry of frenzied trading activity, local investors in China are driving up the premium of a gold stock ETF to a staggering 30%. This even led to an abrupt halting of trading. Moreover, Bloomberg analyst Eric Balchunas shed light on the situation, citing Bitcoin ETF FOMO (Fear of Missing Out) as a prime […]

Crypto Price Prediction: The crypto market remains volatile as investors remain uncertain about the approval of spot Bitcoin ETFs. On December 3rd, a sudden sell-off hit the market as Matrixport highlights in a recent report about the U.S. Securities and Exchange Commission’s (SEC) potential rejection of spot Bitcoin Exchange-Traded Funds (ETFs). As per the report, […]

KuCoin has announced the implementation of a 1% Tax Deducted at Source (TDS) for its users in India. This development follows the successful registration of the exchange’s Financial Intelligence Unit (FIU) in the country. From April 10, 2024, the platform will charge TDS on the transfer of Virtual Digital Assets (VDA) as per the guidelines […]