Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency
[May 5, 2023 2:04 AM] The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.
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3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
[May 4, 2023 6:20 PM] Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
Bitcoin On-Chain Transactions Reach New Heights, What’s Fueling the Surge?
[May 4, 2023 5:30 PM] The number of daily Bitcoin (BTC) transactions on the blockchain has risen, reaching an all-time high of 682,000 on May 1st. Rafael Schultze-Kraft, one of the founders of Glassnode, has suggested that this increase in transaction volume is likely…
Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze
[May 4, 2023 3:30 PM] A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad…
US Regional Bank Failures Trigger Bitcoin Surge, $30,000 Level In Sight
[May 4, 2023 1:00 PM] Bitcoin (BTC) is on the verge of reaching the $30,000 milestone, but regional banks in the United States face significant anxiety and fear. Investors are concerned about the potential for contagion following the recent struggles of PacWest, a…
Polkadot (DOT) Under Sell Pressure As Bears Retaliate
[May 4, 2023 11:00 AM] Over the last week, Polkadot (DOT) has had trouble gaining traction, falling by 8.41% from April 30 to May 4. However, the price is trading sideways and there might be a modest recovery next week as investors take advantage of this dip to acquire…
Coinbase And Ripple CLOs Meet, Will XRP Listing Follow?
[May 4, 2023 10:00 AM] A new tweet by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple’s General Counsel, Stuart Alderoty, for their meeting, stating they…
Cardano (ADA) Price Plunges As Bears Try To Over
[May 4, 2023 9:00 AM] Cardano (ADA) is trading below yesterday’s closing price as it exhibits price volatility. This price drop comes despite the fact that its trading volume increased by over 26% in the last 24 hours. ADA has now lost its earlier gains in the past…
Nigeria’s Federal Executive Council Approves Blockchain Policy
[May 4, 2023 9:00 AM] The Nigerian government has just approved a blockchain policy that will facilitate the development of a regulatory framework for the technology. The approval occurred in a May 3 Federal Executive Council meeting. Blockchain Adoption Could Impact…
Shiba Inu Burn Rate Explodes 31,000% – Will Price Heat Up As Well?
[May 4, 2023 7:50 AM] Shiba Inu (SHIB) has seen its burn rate skyrocket to impressive heights. This incredible surge in burn rate is causing many to speculate that a price reversal may be on the horizon, as the token’s value continues to experience significant…
Meme Coin PEPE Hits New All-Time High As Shorts Get Rekt
[May 4, 2023 6:15 AM] The incredible price rally of the meme coin PEPE continues. According to Coingecko data, the frog token has risen to become the third most popular meme coin, behind Dogecoin (DOGE) and Shiba Inu (SHIB), with a market cap now at $688.5 million…
Why Is Bitcoin And Crypto Up Today?
[May 4, 2023 2:35 AM] The Bitcoin and crypto markets are up today, despite the fact that the initial reaction to yesterday’s FOMC of the US Federal Reserve (Fed) was rather bearish. During the meeting, the Bitcoin price dropped from $28,800 to $28,250 as the…
Ukraine, US Shut Down 9 Cryptocurrency Exchanges
[May 4, 2023 1:30 AM] Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various…
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
[May 3, 2023 11:30 PM] Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the…
Meme Coin Mania Sweeps The Globe: Top 10 Countries Leading The Craze In 2023
[May 3, 2023 4:00 PM] The rise of the meme coin mania in 2023 has taken the cryptocurrency world by storm, and a new report by CoinGecko shows that the trend is most popular in the United States, India, and the United Kingdom. These countries account for over 50% of all…
FTX Bold Move: Sells SUI For $100 Million, Tokens Now Worth $1 Billion
[May 3, 2023 2:00 PM] According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March. The paper…
SUI Plummets Over 30% As Trading Goes Live On Exchanges, What Went Wrong?
[May 3, 2023 12:00 PM] SUI, one of the long-awaited blockchain token projects in the crypto community, finally launched earlier today. However, contrary to expectations, SUI has recorded a significant plunge in price as the trading went live on multiple exchanges. Over…
More Dip To Come: Bitcoin Liquidity On The Move Ahead Of Major Event
[May 3, 2023 11:00 AM] As the Federal Reserve (Fed) prepares to announce its decision on interest rates, Material Indicators, a research and analysis firm in the cryptocurrency market, is keeping a close eye on the Bitcoin (BTC) liquidity movements. FireCharts, a popular…
Polygon (MATIC) Price Shows Vigor, Are Bulls Up To Something?
[May 3, 2023 9:56 AM] May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. Despite…
Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide
[May 3, 2023 9:18 AM] The law on promotions is set to come into effect around four months from now, the finance ministry has said.
Prominent Analysts Vouch For Crypto As The Banking Stocks Nosedive
Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact
[May 3, 2023 6:25 AM] Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact. Biden’s administration is taking these concerns to another…
Stacks (STX) Price Defies Bears, Surges While The Market Bleeds
[May 3, 2023 6:10 AM] Stacks (STX) is on an uptrend today, gaining over 12% in the last 24 hours. Although the general crypto market is volatile, STX shows positive moves on the price chart. STX increased progressively in 2023 despite some price pullbacks due to price…
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
[May 3, 2023 5:30 AM] Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of…
New “Ethereum Killer” SUI Launches Today, What You Need To Know
UK Set to Ban Cold Calls Selling Financial Products, Including Crypto
[May 3, 2023 3:26 AM] The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022.
Balaji pays out his crazy $1M Bitcoin bet, 97% under price target
[May 2, 2023 7:02 PM] The former Coinbase exec settled the high profile wager 45 days ahead of time but remains convinced that a “fiat crisis” is inevitable.
Check Out This Shocking Pepe Coin Versus Bitcoin Comparison
[May 2, 2023 2:23 PM] Pepe coin is the most talked about asset in the crypto market right now. The less than one-month-old meme token has nothing at all to do with Bitcoin, yet shockingly is displaying nearly exact price patterns. Don’t miss this incredible and unusual…
US Banking Crisis Worsens With Half Of America’s Banks On the Verge Of Failure
[May 2, 2023 2:00 PM] The recent sharp decline in shares of major U.S. regional banks has sparked fears of another banking crisis. The collapse of First Republic Bank, the largest U.S. bank failure since 2008, has sent shockwaves through the financial sector, prompting…
Avalanche (AVAX) Climbs Higher: Q1 2023 Results Show Impressive Growth
[May 2, 2023 12:38 PM] According to the latest report by Messari, Avalanche (AVAX) has shown a strong rebound in the first quarter of 2023. The market cap of the blockchain platform increased by 65.8% quarter on quarter (QoQ), reflecting the broader market trend and the…