Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently announced it had raised $110 million in a Series C funding round […]
Africa’s cryptocurrency adoption is surging, with Telegram-based crypto communities growing by an unprecedented 189% since early 2023, according to new research from cryptocurrency exchange Bitget. The findings highlight a significant shift in global digital asset adoption from traditional Western markets to emerging economies. Young Demographics Drive Crypto Adoption via Telegram The study, which analyzed crypto-related […]
XRP price is correcting gains from the $0.530 zone. The price is testing the $0.520 support and might bounce back to start a fresh increase. XRP price is eyeing more gains above the $0.5300 zone. The price is now trading above $0.5200 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]
TL;DR 1inch has fallen victim to a significant supply chain attack, compromising its website and posing severe risks to users’ funds and personal data. The breach occurred via a compromise of Lottie Player’s content server, where hackers injected unauthorized scripts into websites using Lottie Player versions 2.0.5 and above. Users are advised to avoid interactions […]
Liu Zhou, the self-described "mastermind" behind cryptocurrency firm MyTrade, pleaded guilty in Boston federal court to conspiring to commit …
Modular blockchain network Celestia has begun a large unlock of its native token, TIA, valued at roughly $890 million at current prices. At time of writing, TIA is down nearly 20% in the last week, and is 77% down from its all-time high as the unlock takes place. Token unlocks are often seen as bearish […]
The Cryptocurrency world is evolving day by day with interesting options to make a passive income that is appealing. Whether one has invested for a considerable period or is just starting, income generation without constant involvement can be a game-changer. How can your crypto be of great help to you in 2024? Here are eight […]
Bitcoin reserves on exchanges melting away as buying pressure surges drastically in last few weeks
Introduction Introducing the Bitcoin Popularity Index (BPI), the first comprehensive search study of its kind. This index has been curated in an attempt to measure the global reach and impact of Bitcoin through a broad analysis of Google search queries. Unlike many studies that offer absolute data or blend various aspects of cryptocurrency, the BPI […]
The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing.
As the United States gears up for another significant presidential election, the intersection of politics and cryptocurrency has emerged as a critical area of focus. The candidates, former President Donald Trump and Vice President Kamala Harris, offer contrasting visions for the future of digital currencies and blockchain technology. This divergence is not only shaping the […]
BNB price corrected gains from the $612 level. The price is now showing a few bearish signs while Bitcoin and Ethereum eye additional gains. BNB price started a downside correction from the $612 resistance zone. The price is now trading below $595 and the 100-hourly simple moving average. There is a connecting bearish trend line […]
The Nigerian naira recently hit a new low against the U.S. dollar, ranking among the three worst-performing currencies globally. Dollar Liquidity Dries up The Nigerian naira, which has already lost over 70% of its value in 2024, recently dropped to a record low of NGN1,670.65 per U.S. dollar on the official foreign exchange market on […]
Chainlink (LINK) creator Sergey Nazarov says that the blockchain industry could grow by hundreds of trillions of dollars due to one main catalyst. In a new interview at the Hong Kong Fintech Week 2024 conference, Nazarov says that Chainlink has developed a way to connect payments giant SWIFT with blockchain technology, opening the door for […]
Malware disguised as a Python-based trading bot has reportedly targeted crypto traders in a multi-vector supply chain attack. According to a new blog post by cloud-based cybersecurity firm Checkmarx, crypto enthusiasts have been targeted by advanced malware cloaked as a suite of artificial intelligence (AI)-based crypto trading tools that aim to steal sensitive data and […]
New York, NY, October 30th, 2024, Chainwire Morph, a global consumer layer for driving blockchain adoption, today announced its mainnet launch on Ethereum. The mainnet launch marks a significant milestone in building Morph’s consumer layer, serving as an expansion beyond a typical Layer 2. Morph’s consumer layer directly addresses the root causes of limited blockchain adoption, […]
Road Town, British Virgin Islands, October 30th, 2024, Chainwire Blast Royale has announced the upcoming pre-sale of its Low FDV Community Offering (LCO) for the $NOOB token, scheduled for November 6th. As a community-focused initiative, this offering aims to integrate players and supporters, marking a significant move in the Gaming x Meme token space. With […]
The Case Against Capital Gains Taxes on Crypto. Trump believes the current tax structure around cryptocurrency transactions is unfair. He pointed out …
The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.
Follow Mark on X. Ah, Halloween. The one night a year where we’re supposed to be scared of things that go bump in the night. You know, your classic cast of characters: Dracula, Frankenstein’s monster, your weird neighbor who leaves their Christmas lights up all year round. But here’s the thing—none of those guys actually […]
Empower Your Financial Future with Qubetics Tokens – VeChain and Artemis Are Joining the Blockchain Revolution Blockchain technology empowers projects across various industries by introducing innovative solutions that address specific needs in finance, supply chain management, and digital commerce. Qubetics, VeChain, and Artemis represent different aspects of this transformative technology. Qubetics is set to enhance […]
More than $223 million worth of short positions have been wiped out
Coinbase (Nasdaq: COIN) missed Wall Street’s Q3 2024 revenue estimate of $1.26 billion, reporting $1.2 billion. Its earnings per share of $0.28 also fell short of analyst expectations of $0.45. The crypto exchange’s EBITDA of $449 million also missed expectations by $20.2 million. Coinbase Faces “Softer Market Conditions” The missed estimates impacted the company’s share […]
Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,’ recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network’s overall activity, investor involvement, and possible market directions. Golden Cross On […]
A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt. Pseudonymous analyst Rekt Capital tells his 508,200 followers on the social media platform X that the native asset of the yield tokenization protocol Pendle (PENDLE) looks poised to start a new […]
HodlX Guest Post Submit Your Post Interoperability protocols are hailed as the key to unleashing limitless potential for DApps (decentralized applications) and DeFi (decentralized finance), paving the way for further industry innovation. These protocols promise to shape the future of multi-chain solutions and revolutionize how we interact with DApps. Once all chains are connected with […]
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time […]
BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.
The cryptocurrency market capitalisation surged to US$2.5 trillion, with Bitcoin trading above US$72K and nearing its all-time high. Bitcoin recorded 12 consecutive hours of gains, driving investor optimism toward a new peak. Over US$113M in crypto liquidations occurred in 24 hours; BTC open interest hit US$16B, while spot ETFs reached US$5B in volume. The cryptocurrency […]
Sui Network has attracted US$8.6M in inflows over 24 hours, with significant asset migration from Ethereum (US$257M) and Solana (US$32.2M) in the last 30 days. SUI coin has gained 11.2% in the past day, reaching US$2.10, and has seen a 22% monthly increase and 350% rise over the past year. MemeFi, a Telegram game, moved […]
… cryptocurrency investments. The man, who operated without the necessary licenses, solicited investments promising returns on digital currency …
TL;DR 10x Research estimates that Bitcoin could reach $100,000 by January 2025, driven by its prediction model and recent buy signals. The “Bitcoin black hole effect” highlights BTC’s dominance in absorbing value from altcoins, reflecting growing interest among institutional investors. Ethereum could benefit from new regulatory changes, although the firm remains cautious about its long-term […]