Tag: bitcoin

Reopening Pandora’s Box: SEC Launches Another Kraken Laws

The US SEC accused Kraken of operating as an unregistered exchange, broker, dealer, and clearing agency. The first Kraken lawsuit occurred around Q3...

The Crypto Wealth Surge: Bitcoin Millionaire Wallets Hit New Highs in 2023

The surge in Bitcoin millionaires holding over $1 million in Bitcoin reflects a threefold increase from 23,795 to 81,925 in 2022. There are...

Lightspeed Faction launches a $285 million crypto fund

Lightspeed Faction revealed its official $285 million crypto startup fund aimed to overhaul the interaction of Decentralized applications in today's market. The blockchain...

Mastering Crypto Investments: Understanding Market Cap Dynamics

The crypto market cap represents a crucial metric for understanding the value of a digital currency. There are over 26,000 cryptocurrency projects currently,...

Cryptocurrency: a gateway to financial freedom

Cryptocurrencies represent a paradigm shift in the financial industry by providing consumers a new way to achieve financial freedom. Cryptocurrencies empower people to take control of their financial lives through decentralization, borderless transactions, investment opportunities, and increased anonymity. Given the nascency of the crypto ecosystem, investors are advised to focus on the long-term benefits of Bitcoin while reaping short-term gains in the process. Nonetheless, it is critical to approach cryptocurrency investments cautiously, investigate, and be aware of the risks. Individuals can utilize this revolutionary technology to achieve financial autonomy.

The significance of recent Bitcoin price movements in a volatile market

The recent Bitcoin price developments bear minimal weight and fail to mirror any substantial modifications in Bitcoin's inherent value. The current cryptocurrency market...

Exploring cryptocurrency adoption in African languages

  Exunomia Africa seeks to translate introductory Bitcoin and cryptocurrency literature into native African languages. At the core of Bitcoin Mtaani's approach is creating...

Crypto education: Top ten must-read books on cryptocurrency

Despite its relative youth, the scope of cryptocurrency has already sparked the creation of numerous literary works that delve into its multifaceted dimensions. ...

CBDCs vs. Cryptocurrencies: Clash of the digital currency titans

Bitcoin was the first cryptocurrency adopted by an African nation as legal tender; Africa's first CBDC was Nigeria's eNaira. Even though the CAR...

Bitcoin’s relentlessly threatens governments’ control over money

The only way to shut Bitcoin is to shut down the internet A number of cryptocurrencies (Ethereum and Worldcoin) are trying to take...

Bitcoin halvings: an outlook into the past and future projections

Cryptocurrency miners get rewards with a portion of the currency every time they contribute new entries to the Bitcoin blockchain. This is known as the block reward. Bitcoin halvings remain an integral component of the protocol. They cut the block reward by half every 210,000 blocks. Due to the dynamic character of the Bitcoin blockchain, it is difficult to predict when future halvings will occur precisely.

Challenge of linking crypto to traditional banking

Integrating cryptocurrencies with conventional financial systems becomes increasingly essential as they become more commonplace. This presents several obstacles to overcome before cryptocurrencies can realise their full potential. For instance, traditional institutions may be hesitant to work with cryptocurrencies due to concerns about money laundering and other illicit activities. Moreover, the technical difficulty of integrating cryptocurrencies with existing banking systems can prove intimidating.

What is crypto insurance

The growth in the crypto markets has attracted players from other industries, including insurance. Cryptocurrency companies need insurance to shield against the risk of digital assets loss through theft, fraud or scams. Crypto insurance is particularly crucial for exchanges and other entities holding significant amounts of assets on behalf of their customers. This creates an opportunity for insurers so long as they can mitigate risks.

A new crypto exchange EDX Markets launched

A new crypto exchange backed by firms including Fidelity Digital Assets, Charles Schwab Corp. and Citadel Securities has confirmed that it has gone live. This launch could reshape the digital-asset landscape amid heightened regulation and scrutiny of the cryptocurrency sector. EDX Markets is a new crypto exchange designed to meet both the needs of native digital assets firms and the largest financial institutions globally. The creators of EDX intended to enable faster, safer, and more efficient cryptocurrency trading, leveraging best practices from traditional financial markets on a purpose-built platform.

Bitcoin dominance in the crypto market surpasses 50 per cent

Bitcoin dominance, a metric that measures the percentage of Bitcoin's market capitalization to the total cryptocurrency market cap, has surpassed the 50% mark. ...

Far-reaching effects of aggressive crypto market regulation

The spectacular rise of the cryptocurrency industry has presented a fresh challenge for financial regulators. Some researchers and policymakers have warned the overly aggressive crypto market regulation might clutter the promising new financial asset class. Others have indicated that businesses could flee the jurisdictions whose regulations they consider ‘anti-crypto’ to the less regulated jurisdictions. Moreover, some have suggested that crypto regulatory actions will inspire market activity by offering clarity to participants.