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The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed. Nigeria’s Burgeoning Fintech Scene This dominance has convinced … Read more
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week. Go to Source Powered by WPeMatico
LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a maximum total penalty of 45 years in prison, the Justice Department. SEC Halts $62M Global Cryptocurrency Fraud … Read more
Cryptocurrency markets have been full of volatility and uncertainty in recent weeks. With Bitcoin prices falling sharply last week, most other cryptocurrencies followed suit by showing double-digit percent price losses in a matter of days. Ethereum is down 10.48% in the past seven days, XRP is down 7%, and ApeCoin is down a massive 35%. … Read more
Bitcoin has reached a critical support zone and if there is a bounce from this level ALGO, XMR, XTZ and THETA could move higher in the short-term. Go to Source Powered by WPeMatico
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower Against the US Dollar, 39% Down in 30 Days Digital currency … Read more
After a sharp decline in price last week, Bitcoin, Ethereum, BNB, XRP, Solana, Avalanche, and most other cryptocurrencies are showing additional bearish momentum this Sunday. With the current state of the market, is it a good idea to buy the dip, or should traders wait longer before deciding to take advantage of the situation? Bitcoin, … Read more
Another whirlwind week in crypto draws to a close, and of course there’s no shortage of spicy stories and new, compelling narratives in the world of innovative digital money. This week, Elon Musk gives investment advice, United States Securities and Exchange Commission chair Gary Gensler catches flack from SEC commissioner Hester Peirce, and Joe Rogan … Read more
Doom and gloom continues for Bitcoin markets as Terra’s Do Kwon brushes aside a “deliberate and coordinated” attack on its TerraUSD and LUNA tokens. Go to Source Powered by WPeMatico