South Africa recently unveiled bold plans to integrate digital payments and cryptocurrencies into its financial ecosystem, with a specific focus on empowering marginalized groups. The country’s 2024 budget outlined initiatives aimed at fostering a digital economy through collaborative efforts between the public and private sectors to drive financial innovation. The primary goal is to enhance
The European Central Bank (ECB) officials have taken a firm stance on Bitcoin, asserting that the cryptocurrency holds no intrinsic value despite its recent surge in price. Ulrich Bindseil and Jürgen Schaaf, in a blog post dated Feb. 22, argued that the approval of multiple exchange-traded funds (ETFs) in the US does not change Bitcoin’s
Bitcoin’s price is currently hovering around the $52,000 mark, attracting the attention of many investors and enthusiasts. However, beneath the seemingly stable market surface, there lies a complex web of buy and sell orders that dictate the liquidity dynamics of the cryptocurrency. By analyzing the critical 2% market depth, we gain insight into the delicate
Ping Exchange has set a new standard in digital assets trading by introducing a hybrid custodial cold storage model that prioritizes user security. Unlike traditional exchanges that rely on username and password combinations or 2FA methods, Ping leverages the CorePass ID application for secure user authentication. This blockchain-secured identity information, combined with rapid QR code
Ethereum recently experienced a spike in price which took it above the $3,000 resistance level. However, the bears quickly appeared, causing a correction in the price. It is currently trading above $2,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,950, indicating a struggle for the bulls
Startale Labs recently announced that they have secured an additional $3.5 million in funding from Samsung Next and United Overseas Bank Venture Management. This funding will be used to fuel the expansion of the company’s web3 product lineup, which includes Japan’s largest web3 products, Astar Network, and the Startale Web3 Cloud. Additionally, the funds will
The Bitcoin price has recently experienced some fluctuations, causing uncertainty among investors. However, there are still indicators that point to a continuation of the overall upward trend. Crypto analyst Tony The Bull has highlighted a significant trend in the Bitcoin chart that could potentially push the price back above $52,000. This analysis focuses on the
In the volatile world of cryptocurrencies, investors are constantly on the lookout for the next big opportunity. With major cryptos like Bitcoin and Ethereum experiencing price declines after recent highs, attention is shifting towards altcoins with potential for high growth. The market is currently flooded with options, and savvy investors are exploring new possibilities. One
In the volatile world of cryptocurrency trading, Bitcoin has been on a rollercoaster ride recently. The price of Bitcoin surged to $53,000, only to face significant declines shortly after. This uncertainty has left many investors wondering about the future trajectory of Bitcoin’s price. One prominent crypto analyst, Michael van de Poppe, has shared his insights
In a recent report by Bloomberg Law, it was revealed that Ladan Stewart, a key member of the US Securities and Exchange Commission’s (SEC) legal team, has decided to step down from her role at the agency to join a pro-crypto law firm. Stewart, who previously served as Regional Trial Counsel in the SEC’s Crypto