Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and…
German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind
In recent weeks, German authorities have stepped up the sale of significant amounts of Bitcoin (BTC), resulting in increased selling pressure on the world’s largest cryptocurrency, which has fallen over 20% in the past month. Bitcoin…
BNB Price Steadies Above Support: Is a Bullish Comeback on the Horizon?
BNB price started a recovery wave above the $500 resistance. The price is now consolidating and might aim for more gains above $530. BNB price started a decent upward move from the $472 support zone. The price is now trading above $500 and the…
Inferno Drainer fails attempt to launder ETH — ‘not welcome’ in Railgun
Notorious wallet-draining group Inferno Drainer tried to pass $530,000 worth of stolen ETH through Railgun but discovered pretty soon after that it couldn’t.
Los Angeles Sparks Extend Partnership With Crypto.com Arena Until 2029
The Los Angeles Sparks, one of the most successful teams in the Women’s National Basketball Association (WNBA), have signed a five-year extension with Anschutz Entertainment Group (AEG) to continue playing at Crypto.com Arena until 2029. This…
XRP Price Poised for a Bullish Path Unless This Support Paves Way
XRP price shows positive signs above the $0.4250 support zone. The price could gain bullish momentum if there is a move above the $0.4450 and $0.450 resistance levels. XRP price is attempting a recovery wave above the $0.4250 zone. The price is now…
Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets
The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer…
Ethereum Price Sets Sights on Upside Break: Indicators Turn Green
Ethereum price is moving higher above the $3,080 resistance zone. ETH could gain bullish momentum if there is a close above the $3,150 resistance. Ethereum is slowly moving higher above the $3,050 level. The price is trading above $3,050 and the…
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major…
Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline
To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year. Goldman Sachs Aims To Capitalize On Tokenization…
Bitcoin Price Hit By Rejection: Will Bulls Stumble Once More?
Bitcoin price struggled to clear the $59,500 level. BTC is moving lower and now at risk of more downsides toward the $56,000 level. Bitcoin started another decline from the $59,475 resistance zone. The price is trading above $57,200 and the 100…
Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact
A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November…
Drake Loses Bitcoin Bet Following Canada’s Copa America Exit, ARG Fan Token Soars 40%
Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It…
CFTC Chair reiterates BTC and ETH are commodities in testimony
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors.
On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ) questioned him about the SEC’s Staff Accounting Bulletin (SAB) 121. This bulletin…
Bear or bull: Survey reveals 49% are bullish about crypto right now
A recent CoinGecko survey of 2,500 respondents shows that just under half are currently bullish about crypto, and a quarter haven’t worked out whether it’ll make a move at all.
Trump to Address Bitcoin 2024 Conference in Nashville
According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin…
Crypto miners stole $723M of electricity in Malaysia since 2018: Report
Malaysia’s Deputy Minister of Energy Transition and Water Transformation revealed the number during an event where they disposed of over 2,000 machines seized in an operation.
Senate Committee Discusses Strong Federal Oversight of Crypto Markets
The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection…
Dogecoin Price In Trouble Amid 108 Million DOGE Dump On Robinhood
Dogecoin has been in a price decline for the past seven days as the entire crypto market continues to be dominated by a fear sentiment. Furthermore, the meme cryptocurrency recently encountered rejection due to fresh bearish pressure. This occurred…
Donald Trump To Speak at Bitcoin 2024 Conference in Nashville
President Donald Trump has been officially announced as a speaker at Bitcoin 2024, the world’s largest Bitcoin conference, taking place in Nashville, Tennessee, July 25-27. This announcement marks a significant milestone for the event, which has…
Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong
Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng…
In recent weeks, Solana (SOL), the 5th largest cryptocurrency on the market, experienced a period of decline, hitting a two-month low of $121 on Friday. The coin’s value struggled to break above the $188 level in May, resulting in a…
VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund
Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies…
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