Ghana is striving to become the first African nation to float a central bank digital currency. The Bank of Ghana (BoG) is reportedly moving towards the introduction of a central bank digital currency (CBDC) experiment. Speaking during a news conference in Ghana’s capital, Accra, on Monday, Ernest Addison, governor of the country’s central bank revealed …
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Even if the billionaire doesn’t give up his new toy willingly, it may soon slip through his fingers anyway. Elon Musk’s tendency to sway the crypto space with devil-may-care tweets was on display again on Friday, as numerous coins lost between 10–18% in the wake of Musk’s latest Bitcoin (BTC) meme. The Tesla CEO’s tweet …
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The FSC is in dialogues with South Korea’s crypto exchanges amid expanded regulatory oversight. Small and medium-sized exchanges in South Korea had a chance to express some of their grievances with the government during a recent meeting with financial regulators. According to a report by South Korean news outlet D.Street, the Financial Services Commission (FSC) …
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Exciting action for the historically accurate metric lays the foundation for a new cycle to a price peak. Bitcoin (BTC) losing over 50% in a month may have a big silver lining as lower prices set up a classic bull flag. On Thursday, Philip Swift, creator of the Pi Cycle Top indicator, said that this …
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Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider. Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental analysis and seeks to identify emerging blockchain projects and tokens that fill niche demands within the growing cryptocurrency market. The …
An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC merger. An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC merger By Connor Sephton …
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Cynthia Lummis and Warren Davidson speak on Bitcoin’s importance and personal privacy during an interview at Bitcoin 2021 in Miami. At the bustling Bitcoin 2021 conference in Miami, Congressman Warren Davidson, alongside United States Senator Cynthia Lummis, sat down to field interview questions. The interview took a turn toward privacy, with Davidson responding with comments …
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Sam Bankman-Fried’s FTX crypto exchange has completed another mega naming rights deal this time with esports giant TSM. FTX and global esports brand Team SoloMid, oTSM, have signed a multi-year partnership that grants exclusive naming rights to the crypto trading platform. According to a release issued on Friday, the deal is valued at $210 million …
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Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large bets …
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We’ve rounded up a few notable moments from the first day of the Bitcoin 2021 conference in Miami, Florida. The first official day of the Bitcoin 2021 conference in Miami, Florida yielded no shortage of newsworthy events. Thousands of conference-goers came together to take in speeches, interviews and panels from a wide array of guests, …
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Continued selling at overhead resistance levels suggests that Bitcoin and altcoins could remain range-bound in the short term. Bloomberg senior commodity strategist Mike McGlone believes Bitcoin (BTC) is more likely to turn up and rally to $100,000 rather than correct to $20,000. In the June edition of the Bloomberg Galaxy Crypto Index report, McGlone said …
Continue reading “Price analysis 6/4: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH”
Initial DEX offerings have a fair bit in common with initial coin offerings but come out on top in cost, effort, and fairness. Initial DEX offerings are the new initial coin offerings. So, what’s the difference between an IDO and an ICO, other than that one letter? A lot actually. In some ways, ICOs and …
The latest events in China have pushed crypto miners to reevaluate domestic risk as they may now look toward international expansion. When it comes to China, few things are crystal clear, and the nation’s recent crackdown on crypto mining is no exception. The State Council’s Financial Stability and Development Committee reported on May 21 that …
Continue reading “Death knell for Chinese crypto miners? Rigs on the move after gov’t crackdown”
“Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the CEO said. Square Inc., the mobile payments company behind the popular Cash App, is strongly considering developing an open-source Bitcoin (BTC) wallet, signaling continued conviction in the future of digital currency payments. …
Continue reading “Jack Dorsey outlines Square’s tentative plans for Bitcoin hardware wallet”
The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk’s cryptic tweet. Bitcoin (BTC) prices fell by almost 5% on June 4, continuing the decline into the Friday session as investors grappled with Elon Musk’s cryptic tweets on the cryptocurrency, raising speculation …
