Bitcoin Metric Indicates ‘Local Bottom’ as Traders Anticipate Sub-$60K Price The current price expectations for Bitcoin (BTC) suggest a potential dip below $60,000 before experiencing a price rebound. However, a significant market metric indicates that the worst may be behind us. Bitcoin Signals Third ‘Local Bottom’ in 2024 Bitcoin’s price movements are showing signs of […]
MicroStrategy’s Bitcoin Strategy Surpasses Warren Buffett’s Predictions MicroStrategy has seen a staggering increase of 1,000% in its stock value since it made its initial Bitcoin investment, while Warren Buffett and Berkshire Hathaway have notably lagged behind. MicroStrategy’s Journey with Bitcoin MicroStrategy officially entered the Bitcoin market on August 10, 2020, becoming the first publicly traded […]
Ethereum, one of the most prominent blockchain platforms, is known for its capability to support decentralized applications (dApps) and smart contracts. At the core of its functionality lies the Ethereum Virtual Machine (EVM), which acts as the runtime environment for executing smart contracts and facilitates the operations of Ethereum’s blockchain. This article will take an […]
BitGo to Shift Wrapped Bitcoin Operations to Multi-Jurisdictional Custody BitGo is set to enhance the security of its Wrapped Bitcoin operations by transitioning to a multi-jurisdictional and multi-institutional custody framework. Expansion of Custodial Operations Currently, BitGo’s Wrapped Bitcoin (WBTC) custody services and cold storage are exclusively located in the United States. However, as of August […]
As we step into an era characterized by decentralized applications, blockchain technologies, and user empowerment, Web3 stands as a monumental shift from the traditional internet (Web2). This evolution emphasizes decentralization, transparency, and user ownership over data and digital assets. At the forefront of this movement is Solana, a high-performance blockchain that is gaining traction for […]
The gaming industry is continually evolving, and one of the most groundbreaking phenomena in recent years has been the advent of NFT (Non-Fungible Token) games. These games leverage blockchain technology to create unique in-game assets that players can own, trade, and sell. As the technology matures and more players join the ecosystem, several key trends […]
In recent years, the emergence of cryptocurrency has spurred a new digital revolution, particularly profound within the art world. Central to this revolution is the concept of Non-Fungible Tokens (NFTs), which have transformed how art is created, bought, and owned. This article explores how NFTs are reshaping art in the digital age, their benefits and […]
In the rapidly evolving world of blockchain technology, both Non-Fungible Tokens (NFTs) and cryptocurrencies have made significant waves, capturing the attention of investors, creators, and the tech-savvy public alike. While both are based on blockchain technology and often associated with digital assets, they serve different purposes and possess distinct characteristics. Understanding these differences is essential […]
In an ever-evolving digital landscape, the emergence of cryptocurrencies has spurred significant regulatory scrutiny, particularly regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) practices. These compliance measures are critical for crypto exchanges to foster a secure and transparent trading environment, while also adhering to governmental regulations aimed at preventing illegal activities. What is KYC? […]
Nigerian Activist Garnering Local Support in Crypto Legal Battle A Nigerian activist is currently engaged in a legal dispute focused on establishing the right to own, use, and trade cryptocurrencies amid a challenging environment due to the government’s stance on digital assets. Community Backing James Otudor, a prominent figure in Nigeria’s crypto movement, is receiving […]
