Posts published on March 24, 2024 go to media archive

Congolese Fintech Startups, Government Form Association to Accelerate Financial Inclusion

Democratic Republic of Congo (DRC)-based fintech startups have partnered with the government to launch an association. The goal of the collaboration is to accelerate financial inclusion in the African country. By partnering with the government, the…

Hedging Shields Portfolios from Whales Known to ‘Sell Their Losses to Retail Investors’ – Robby Greenfield

Despite the notion that portfolio hedging is a preserve for institutional investors, Robby Greenfield, the CEO of Umoja Labs, says even retail investors can use well-known techniques to insulate their crypto portfolios against sudden and steep…

Skybridge Capital Founder Advises ‘Act Like You’re Dead With Your Bitcoin and Don’t Sell’

Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at…

JPMorgan: Bitcoin Still Overbought Despite Price Drop

Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly…

Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate

According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that in an effort to safeguard their…

Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved

In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older…

Bitcoin’s Dormant Giants: March Sees Unprecedented Movement of Vintage BTC

In recent times, bitcoin has consistently remained above the $60,000 mark throughout the entire month of March. With its value soaring, many long-standing holders have started to transfer substantial quantities of dormant bitcoins from wallets that…

El Salvador Keeps Buying BTC, Top BTC Mining Rigs, Blackrock’s New ‘BUIDL’ Fund, and More — Week in Review

El Salvador continues its daily bitcoin purchases, aiming to keep buying until the cryptocurrency becomes too expensive. The top 10 bitcoin mining rigs of 2024 show significant profit margins due to recent value increases. Blackrock, has submitted…

EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts

A new set of anti-money laundering laws passed by the EU has banned crypto asset service providers from servicing and providing custody to anonymous cryptocurrency accounts. The approved proposal for the “prevention of the use of the…