The BRICS Group has just welcomed new members including Saudi Arabia, Iran, and a few other nations as it charts a rare expansionary move. BRICS Group Doubles Down on Expansion South Africa’s Foreign Minister Naledi Pandor stated that Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) have confirmed their interest in joining the […]

The United States Federal Reserve Open Market Committee (FOMC) has ended its Policy Meeting for January, allaying the fears that inflation is still taking a toll on the economy and the need to cut interest rates.. For the first time, the Feds are convinced inflation is no longer a menacing threat, with the “upside risks” […]

Crypto Market News: The Federal Open Market Committee (FOMC) announced on Wednesday that it would keep interest rates unchanged for the fourth time, being in line with market expectations. This comes on the back of the Consumer Price Index (CPI) rising 0.3% month over month in December 2023. Initially, Bitcoin prices post the news were […]

GSR, a leading global crypto trading firm, has appointed Andreas Koukorinis, a former executive from JPMorgan Chase, as its new head of trading. This strategic hire underscores GSR’s ambition to expand its footprint in the digital assets trading sphere. Koukorinis brings a wealth of experience to GSR, having previously spearheaded the global electronic trading for […]

The High Court of Singapore has denied a request by the bankrupt firm Three Arrows Capital (3AC) to dismiss a lawsuit filed by Arthur Cheong, the founder of Web3 investment firm DeFiance Capital. This decision marks a crucial juncture in the ongoing legal battle concerning the ownership and control of assets within the cryptocurrency domain. […]

There has been a recent Ripple hack but according to Brad Garlinghouse, CEO of the crypto payment protocol, no wallet was compromised in the process. Garlinghouse Shuns False Ripple Hack Claims A few hours ago, it was reported that Ripple had suffered a major breach with $112.5 million worth of XRP coins lost in the […]

The crypto market has proved historically that it moves in cycles like Bitcoin and its four-year cycle due to the halving. Altcoins to buy like Ethereum (ETH), Dogecoin (DOGE), and XRP “historically tend to bottom after corrective period mid-way through a particular quarter,” analysts at Rekt Capital, stated in the latest newsletter. The altcoin market cap is believed to […]

Bitfinex Securities El Salvador has secured a digital asset service provider license from El Salvador’s National Digital Asset Commission. This development, sanctioned under the country’s progressive Digital Assets Issuance Law, empowers Bitfinex Securities to extend its offerings in the issuance and trading of secondary digital assets through a platform that adheres to regulatory standards. El […]

FTX has decided to repay its customers in full. According to Bloomberg reports, the bankrupt cryptocurrency exchange informed the bankruptcy judge that creditors and customers who can demonstrate their losses will probably be refunded with the full amount. FTX discards plans to restart the crypto exchange After two years of struggling to reach an agreement, […]

Cryptos have recorded modest gains this week with Bitcoin (BTC) and Solana (SOL) making sizeable strides among other majors like Ethereum (XRP) and XRP. Although relatively new, SUI price emerged as another notable gainer, up 5.5% to $1.6. The increase in trading volume to $480 million and the market cap holding at $1.8 billion underscore the growing interest in […]