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Bitcoin and Ethereum See Modest Gains In the past week, the value of bitcoin increased by a modest 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. While these gains were relatively small, a number of other cryptocurrencies experienced significant double-digit increases, with Blur's token BLUR leading the way with a staggering […]

JPMorgan Analyst Predicts Potential Impact on Bitcoin Price JPMorgan, a global investment bank, has issued a cautionary statement regarding the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). According to the bank's analysts, such approval could result in "severe downward pressure on bitcoin prices." They estimate that the

Introduction On November 24, 2023, Bitcoin's price has shown a steady rise, reaching $37,903. The past 24 hours have seen BTC fluctuate between $36,972 and $38,078, with a trading volume of $17.41 billion. These numbers indicate strong market activity to close the week. Currently, Bitcoin's market capitalization stands at $737 billion. Optimistic Technical Indicators The

Introduction This week, there has been a lot of buzz in the crypto community surrounding Blast, a new Ethereum layer two (L2) platform. The project recently raised an impressive $20 million in funding, led by Paradigm and Standard Crypto, among other investors. Blast, developed by Pacman, the entrepreneur behind the non-fungible token (NFT) marketplace Blur,

Introduction Glassnode, a blockchain data firm, has conducted an analysis on the potential impact of a spot bitcoin exchange-traded fund (ETF) approval in the United States. According to their research, the introduction of a spot bitcoin ETF could lead to a significant influx of capital into the cryptocurrency market. This article will explore Glassnode's analysis

Introduction The U.S. Department of Justice (DOJ) recently revealed charges against Binance Holdings Limited, one of the leading crypto exchanges worldwide. The DOJ reached a groundbreaking $4.316 billion settlement with Binance for noncompliance with anti-money laundering (AML) laws. Surprisingly, despite Binance's claim to exclude U.S. users in 2019, the firm continued to provide market access

Optimistic Outlook on Cryptocurrency In an exclusive interview with CNBC, Tom Farley, the former President of the New York Stock Exchange (NYSE) and current CEO of Bullish, shared his positive perspective on the future of cryptocurrency, specifically Bitcoin. He expressed this optimism in light of the potential approval of a Bitcoin spot exchange-traded fund (ETF)

Renowned author and Rich Dad Poor Dad co-author, Robert Kiyosaki, is urging investors to prepare for hyperinflation and highlighting bitcoin as the best protection against it. Kiyosaki believes that bitcoin is "people's money," meaning its value is not controlled by governments. Preparing for Hyperinflation: Robert Kiyosaki's Advice Robert Kiyosaki, the author of the best-selling book

On Monday, ethereum (ETH) experienced a significant surge in price, breaking the $2,000 barrier and reaching a peak of $2,041 on November 20, 2023. As the second most prominent cryptocurrency with a market capitalization of $242 billion, ethereum continues to attract substantial trading activity, with a total trading volume of $15.33 billion in the past

Paystack's Decision to Scale Down Operations Outside Africa Nigeria's prominent fintech startup, Paystack, has recently announced its decision to downsize its operations outside Africa. As part of this move, Paystack will be parting ways with 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has assured the affected employees of his