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Coinbase Shows Support for Grayscale's Ethereum ETF Proposal
February 22, 2024
Coinbase, the top-tier digital asset exchange, has officially endorsed the bid of Grayscale, a digital currency asset manager, to transform its Ethereum Trust into an Ethereum exchange-traded fund (ETF). The …
Read moreSouth Africa Enhances Financial Inclusion with Crypto and Digital Payment Infrastructure
February 22, 2024
South Africa is progressing towards integrating digital payments and crypto into its financial infrastructure, hoping to boost the economy for marginalized communities. These advancements, highlighted in the country's 2024 budget, …
Read moreECB Officials Continue to Doubt Bitcoin's Value Despite ETF Approvals
February 22, 2024
Despite Bitcoin's recent surge beyond $50,000 due to multiple exchange-traded funds (ETFs) launch in the United States, European Central Bank (ECB) officials continue to assess that Bitcoin holds no intrinsic …
Read moreBitcoin Remains Above $50,000 Amidst New Accumulation Trends
February 22, 2024
Bitcoin continues to hold its ground, trading above $50,000 for over a week now, hinting at new accumulation patterns across various cohorts. About 111k BTC were held by these groups …
Read moreNvidia Reports Record $60 Billion Revenue Amid Surging AI Demand
February 22, 2024
Nvidia enjoyed a strong surge in demand for its artificial intelligence (AI) and accelerated computing technologies, according to its latest earnings report. The company's CEO, Jensen Huang, highlighted the global …
Read moreLearn Concept: Evaluating Losers and Winners in Cryptocurrency Market Corrections
February 22, 2024
The recent volatility in the overall cryptocurrency market offers an excellent learning opportunity to understand the resilience of cryptocurrencies during a market correction. The rapid appreciation of certain altcoins has …
Read moreBackpack Crypto Exchange Expands Into US; Sam Bankman-Fried Opts for New Legal Representation
February 21, 2024
Backpack, a cryptocurrency exchange founded by former executives from FTX, has expanded to 11 states within the US amid tightening global crypto regulations. The announcement was made by the company's …
Read moreKey SEC Crypto Counsel Joins Pro-Crypto Law Firm Amid New Lawsuit Against The Regulator
February 21, 2024
Ladan Stewart, a significant figure within the legal team of the US Securities and Exchange Commission's (SEC) Crypto Assets and Cyber Unit, has reportedly left her position at the SEC. …
Read moreBinance Battles Nigerian Naira Claims, Promotes FDUSD and Portal Launches
February 21, 2024
Mr. Bayo Onanuga, an advisor to Nigerian President Bola Tinubu, accused Binance of manipulating the exchange rate for Nigeria and undermining the Central Bank of Nigeria (CBN)'s role. Binance's P2P …
Read moreEthereum Rides Bullish Wave Breaking $3000 Barrier, with Possible Further Height In Sight
February 21, 2024
The price of Ethereum, the second largest cryptocurrency by market capitalization, recently hit a high of $3,032, surging 27% in the last 30 days. The positive development has been fueled …
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