The Focus on Sam Bankman-Fried's Use of Signal and Auto-Delete Features During an ongoing hearing, federal prosecutors questioned Sam Bankman-Fried, former CEO of now-bankrupt crypto exchange FTX, about his message deletion practices and the alleged use of customer funds. One area of focus was Bankman-Fried's use of the encrypted messaging app Signal and his enabling […]
Introduction The year-to-date performance of bitcoin (BTC), the leading digital currency by market cap, has been nothing short of remarkable, with a staggering increase of over 100%. This impressive rally has sparked curiosity about the potential longevity of bitcoin's upward trajectory. In a recent interview, Gareth Soloway, the head market strategist at inthemoneystocks.com, delved into
Ethereum's Dencun Upgrade: Mainnet Release Now Anticipated in 2024 The highly anticipated Dencun upgrade for the Ethereum blockchain won't be making its debut in 2023 as initially expected. Ethereum's core developers have decided to push back the upgrade's release until at least 2024, a revelation made during the latest All Core Developers meeting. After the
Ethereum’s Dencun Upgrade Faces Delay Amidst Testing Requirements Read More »
Tesla CEO Elon Musk and U.S. Presidential Candidate Vivek Ramaswamy Express Concern Tesla CEO Elon Musk and U.S. presidential candidate Vivek Ramaswamy have recently voiced their concerns about the increasing risk of World War III. During a discussion on the social media platform X, Musk stated, "I think we are sleepwalking our way into World
The Growing Risk of World War III: Elon Musk and Vivek Ramaswamy Discuss Read More »
Introduction On October 13, 2023, California passed a significant law known as the Digital Financial Assets Law. This legislation marks California's first comprehensive framework for regulating digital asset markets. The law introduces new requirements for crypto companies and others operating in the digital financial asset space. In this article, we will explore the key provisions
California Enacts Digital Financial Assets Law Read More »
The recent surge in bitcoin prices can be attributed to the growing anticipation of a spot bitcoin exchange-traded fund (ETF) receiving regulatory approval in the United States. As a result, investor sentiments have shifted, as indicated by the Crypto Fear and Greed Index. Bitcoin Price Surges Amid ETF Expectations The price of bitcoin (BTC) has
Bitcoin Market Sentiments Shift as Crypto Fear and Greed Index Signals Greed Read More »
The decentralized finance (defi) market has witnessed a significant rebound, with the total value locked (TVL) surpassing the $40 billion mark. This milestone comes after a period of consolidation since mid-August, indicating a renewed surge in defi protocols. Furthermore, the top 100 defi coins are inching closer to the $50 billion threshold in market capitalization.
Unlocking the Value: Defi’s Remarkable Recovery Surpasses $40 Billion Read More »
The Resilience of Gold Last night, gold futures came within touching distance of $2,000, reaching $1,998.60 before closing at $1,994.40. This impressive move towards the key psychological level occurred despite the strength of the US dollar throughout the day. The short-term strength of both gold and the US dollar can be attributed to safe haven
Gold’s Not Going Anywhere, No Matter What Happens Next Read More »
The Growing Potential of Bitcoin Bitcoin (BTC), the leading cryptocurrency in terms of market cap, has been gaining significant attention in the digital currency realm, showcasing its strength and market dominance. Currently, its value is hovering just below the $34,000 mark. A recent report from finder.com, titled "Bitcoin to Hit $87,000 by 2025," sheds light
Bitcoin Price Prediction: Experts Anticipate BTC to Reach $87,000 by 2025 Read More »
Nigeria Contemplates Outlawing Forex Parallel Market A Nigerian official recently announced plans to expand the official currency market to include "legitimate" participants such as bureaux de change and financial technology companies. The goal is to address the country's foreign exchange shortage. In addition, Finance Minister Wale Edun revealed that Nigeria is expecting $10 billion in
Nigeria Plans to Include Fintechs in Broadened Official Currency Market Read More »