Tag: cryptocurrency market

Bitcoin’s Real Value: Reassessing the $100K Price Target in an Inflationary World

Bitcoin price recently reached an all-time high of $73,880, sparking bullish sentiment among investors. The impact of inflation must be considered when assessing...

Italy Releases New Crypto Guidelines Amid MiCA Regulation Rollout

The publication of instructions for carrying out the EU MiCA crypto regulations is imminent by the Central Bank, introducing new Italy Crypto Guidelines. ...

Worldcoin Expands WLD Token Supply by 19% for Growth

Worldcoin intends to raise the circulating supply of WLD tokens by 19% via private sales to institutional partners. World Assets will introduce up...

VALR Exchange Makes History: Secures Dual Crypto Licenses in South Africa

VALR exchange has been licensed by the Financial Sector Conduct Authority (FSCA). VALR's commitment to regulatory compliance and investor protection is demonstrated through...

Nigeria’s FIRS Accuses Binance of Tax Evasion: The Unfolding Legal Battle

The FIRS has accused Binance of a litany of offences, including failure to pay Value-Added Tax (VAT) and Company Income Tax. The situation...

Senators pressure SEC’s Gensler not to approve any more crypto ETFs

Two prominent Democratic senators have voiced their concerns directly to Gary Gensler, urging a halt to the further approval of crypto ETFs. ...

Mox Bank’s Strategic Leap into Cryptocurrency Investment and Bitcoin ETFs

Mox Bank is on the cusp of integrating cryptocurrency investment services and Bitcoin Exchange-Traded Fund (ETF) solutions. The advent of digital asset services...

Genesis-Gemini Legal Showdown Heats Up

According to the regulatory body, Genesis and Gemini had unlawfully offered and sold securities to retail investors through the Gemini Earn crypto asset...

Analyzing the bitcoin halving and its implications to a possible bull run

After the 2012 halving, Bitcoin saw a substantial price increase, eventually reaching over $1,000. Similarly, following the 2016 halving, Bitcoin crossed the symbolic $20,000 mark in 2017. The most recent halving in 2020 preceded Bitcoin's historic run to nearly $70,000 in 2021. While these instances have fueled speculation about a direct correlation between halvings and bull runs, it is essential to cautiously approach such claims, as past performance does not guarantee future results in the dynamic cryptocurrency market.

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...

Xend Finance, Africa’s first Global blockchain bank

Xend finance is a platform created to allow Africa, more so Nigeria, the means to access the global market. Later in the year,...

Bitcoin in Africa

The cryptocurrency market in Africa has grown by more than 1,200% in the past year, and countries like Kenya, Nigeria, South Africa, and Tanzania...