Month: June 2024

Semilore Faleti stands out as a skilled cryptocurrency journalist and market analyst, who has significantly contributed to simplifying the complex terrain of blockchain technology and digital currencies. With an emphasis on the power of cryptocurrency to streamline the storage and exchange of value, he has become a fervent supporter of embracing digital assets to enhance […]

The Anticipated Crypto Resurgence In the face of widespread downturn sentiments in the cryptocurrency sector, an optimistic forecast emerges from Quinn Thompson of Lekkom Capital, who projects Bitcoin to escalate to $100,000 and Ethereum to soar to $7,000 by the time the U.S. elections roll around in November. A Reversal on the Horizon? Quinn Thompson […]

Renewed Investor Interest in Bitcoin ETFs In a surprising turn of events, Bitcoin Exchange Traded Funds (ETFs) have shown a renewed vigor amidst a challenging market environment. As the dust began to settle following a period of economic turbulence, a notable sum of $73 million found its way into the wallets of Bitcoin ETFs, as […]

China’s stance on cryptocurrency mining is under scrutiny as the nation ponders its strategies to meet ambitious environmental targets while fostering economic growth. There has been an increasingly vocal group suggesting that China’s outright ban on crypto mining may have been an overstep, possibly hindering the country’s potential in the expanding market of digital currencies. […]

Africa loses a staggering $88.6 billion annually to illicit financial activities, as reported by Mr. Olanipekun Olukoyede, the head of Nigeria’s Economic and Financial Crimes Commission (EFCC). At the Pan-African Conference on Illicit Financial Flows and Taxation, Olukoyede highlighted this hemorrhage as a critical issue impeding the progress and stability of the continent. Olukoyede’s proposed […]

Enhancing Trust in Digital Media with Blockchain Amid the rise of sophisticated artificial intelligence (AI) applications, major concerns about security and authenticity have surfaced — challenges that blockchain technology is well-equipped to address. By providing a way to verify the integrity of digital content, blockchain stands as a bulwark against synthetic media deceptions, including deepfakes. […]

The Delta Gradient Index hints at an extended bearish trend for Bitcoin Recent analytical insights suggest that Bitcoin may be facing a downward trajectory that could last several weeks. The Delta Gradient, an indicator that assesses momentum change relative to the core financial input of cryptocurrencies, has shown a negative reading for Bitcoin. This metric, […]

Bitcoin, the leading digital currency, faced a downturn with a 14% drop in Q2 of 2024, its first notable decline since Q3 of 2023. The final day of the quarter, June 28, reinforced this descending trend with Bitcoin slumping another 9%. Investors have witnessed a quarter filled with fluctuation, where Bitcoin’s resilience was tested, remaining […]

Amsterdam’s Emergent Crypto Token, $BRETT, has made its debut on the cutting-edge TON (The Open Network) blockchain. This coin draws inspiration from the whimsical character created by Matt Furie and aims to infuse the world of cryptocurrency with light-heartedness and satire. Launched into the fintech arena, $BRETT sets out to be a catalyst for fun […]

The European Central Bank (ECB) has revealed particulars about the digital Euro prototype. In a report, the ECB confirmed that, after two years of rigorous preparation, which began in October 2023, the project has progressed towards its conclusion slated for October 2025. Grounded in the ideals of privacy and data protection, the ECB has faced […]