Proposal for Nigeria to Implement Crypto Regulations Inspired by Europe Nigerian data and policy analyst Obinna Uzoije has suggested that adopting a unified regulatory framework based on Europe’s regulations could provide much-needed clarity for potential crypto investors in the Economic Community of West African States (ECOWAS). Africa sees stablecoins as the most popular type of […]
Bitcoin Price Update Bitcoin price action sees uncommon moves for a weekend ahead of Bitcoin’s weekly, monthly, and quarterly close. Bitcoin bids at the ready below $60,000 with volatility on the rise. On June 30, BTC price experienced increased volatility as traders anticipated interesting price movements. Data from various sources followed BTC/USD as it reached […]
Crypto ATM Installation Numbers Approaching All-Time High The number of cryptocurrency ATMs installed worldwide is rapidly increasing. As of now, there are 38,279 cryptocurrency ATMs globally, a 17.8% increase from the previous year. This surge brings the total closer to the all-time high of 39,541 set in December 2022. A net total of 2,564 cryptocurrency […]
Top Stories This Week Bitcoin ETF issuer VanEck files for Solana ETF in the US VanEck has filed for a Solana (SOL) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission, marking the first such filing on Wall Street. The VanEck Solana Trust aims to reflect the performance of the SOL token, excluding operational […]
Peter Thiel Doubts Bitcoin’s Dramatic Price Increase Peter Thiel, former PayPal CEO, expressed skepticism about Bitcoin’s potential for a significant price increase in the future. Thiel still owns some Bitcoin but regrets not holding more. Uncertainty about future buyers post-ETF edition of Bitcoin. Thiel predicts a volatile ride for Bitcoin prices. Despite his doubts, Thiel’s […]
Price analysis 6/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Altcoins see another week of rocky trading, while traders are viewing Bitcoin price dips as a buying opportunity, as seen from the fresh inflows into the spot Bitcoin ETFs. Bitcoin (BTC) remains stuck in a large range, but the bulls are trying […]
Bitcoin and altcoins fail to rally even as U.S. inflation cools down For years analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why. Investors’ risk appetite tends to increase with a lower cost of capital and higher liquidity, creating a favorable scenario for high-growth […]
Analysis of Bitcoin Price Increase Bitcoin’s price increase today is attributed to several factors influencing the market. Renewed inflows into Bitcoin ETFs VanEck’s new Solana ETF application Weaker inflation data expectations U.S. Investors Back in Bitcoin ETFs Recent gains in Bitcoin were preceded by three days of inflows into U.S.-based Bitcoin ETFs, signaling a return […]
Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks The change in regulatory stance marks the end of a ban on crypto use in the country in place since 2014. Bolivia’s central bank, Banco Central de Bolivia, has lifted its ban on Bitcoin and crypto payments, allowing financial entities to conduct transactions with digital […]
Bitcoin Miner Sell Pressure ‘Weakening’ as BTC Withdrawals Drop 85% BTC withdrawals from miner-affiliated wallets have gone from above 50,000 per day to under 10,000 since the halving, data shows. Bitcoin miners have spent several months adjusting to a new economic reality after April’s halving, which cut their subsidy per mined block by 50%. Network […]
