Commonwealth Bank Experiences Increased Crypto Activity on its App

Commonwealth Bank of Australia has expressed joy over the increased activity on its Commbank app. The largest bank in Australia has continually experienced an uptake in activity on the app since the financial entity first offered crypto services in 2021. CBA permitted users to purchase and sell virtual currencies via the app. Looking at the […]

Bitcoin Unable To Decouple As Gold Takes The Lead

Bitcoin has emerged as the most widely regarded digital token to have entered the mainstream before others and is continually leading the way. At present, its role in the global financial market is becoming an increasingly evident factor in the ongoing conflict in Eastern Europe involving Russia and Ukraine. Bitcoin’s role in the scheme of […]

Is The Price Of $ANC Rising Amid The Crypto Market Crash?

While the entire crypto market is struggling to come to terms with the sudden crash in price after an initial market recovery in the last couple of days, ANC recorded a positive performance. It appears that the Anchor Protocol (ANC) token is not subjected to the same market movement as others, as its price surged […]

South African Crypto Exchange To Expand Operations In Africa, Raises $50 M In Funding

A South African cryptocurrency exchange company is looking to expand its operation within Africa, and beyond following the massive funding, it raised from venture capitals. The crypto exchange, VALR, is Africa’s leading digital currency player. It has increased its valuation to $240 million following its success in raising $3.4 million in a Series A funding […]

XRP Whale Addresses Amass About 900m XRP Tokens In Three Months

XRP wallet addresses with at least 10m tokens have purchased about 900m XRP tokens (valued at about $710m as of this writing) between last December and this month. It is the second time such massive accumulation has taken place in the last half a decade. Santiment Data Reveals It All Data from the on-chain analytics […]

USDC Attains New Milestone As Smart Contract Supply Grows

The second biggest stable coin globally, USDC, has been enjoying a relatively meteoric rise in market valuation over the last few years. February 1 has been the most monumental for stablecoin as it surpasses $50 billion in market capitalization. Circle Inc., the creator of the USDC, is reported to have minted up to 100 billion […]

UK Finance Regulatory Body Concerned Over Binance Paysafe Partnership

The United Kingdom’s Financial Conduct Authority (FCA) has expressed its reservations about the recent partnership between Paysafe and cryptocurrency trading platform, Binance. The FCA did not support the latest deal following the previous incident in July 2021, when Binance failed to access the sterling payment network, paving the way for Paysafe to strike a deal […]

Bullish Trends Are Expected For Ethereum And Bitcoin As Market Surges Continue

Early in the year, the cryptocurrency market took a hit, with many fearing for the worse following the slump, but things are beginning to shape the industry, which signals a ray of hope for investors and fans alike. Analysts from the financial and data company, Bloomberg, have given their expert opinion on the possibility of […]

Cryptocurrency Business On The Increase As Wall Street Becomes Latest Entrant

The cryptocurrency industry is experiencing rapid growth and development with the way it has become mainstream and acceptable by individuals and various businesses, making it an attractive investment destination.  Investors are now readily available to stake their money wherever they think will give them profits, and cryptocurrency is one of these. Even renowned stock market […]

Canada’s TMX Group Set To Launch Maiden Crypto Futures Product

After accounting behemoth, KPMG Canada, joined the list of institutional investors in cryptocurrency, another top Canada-based institutional investment firm, TMX, is set to join the bandwagon. The TMX Group is Canada’s biggest stock market operator and has announced plans to launch a maiden crypto ETP. Details About This New Listing This new listing will make […]

BTC Fear & Greed Index Surges To New 3-Month Peak

BTC found new bullishness today to break a 12-week decline. The crypto fear & greed index hit 48 today, making it the highest in 12 weeks and signifying a major shift in the crypto market. The crypto market cap is back at the $2 Tr levels following a month of intensive selling pressure by the […]

Ethereum Aims At $3500 As It Recovers From The Pandemic  Crises 

ETH 50-Week Moving Average Ethereum price has bounced back moving with the power of 50 weeks average, a trustworthy assistance level from 2020-to 2021 transactions. Ethereum’s native token Ether (ETH) is prepared to hit $3500 in the upcoming season as it repossesses a strong support level on February(Feb 5). Ethereum rising above its 50-week moving […]

Bitfinex’ Stolen Bitcoins Moved To A New Address

The Bitcoins that were stolen from the Bitfinex hack as of 2016 are currently in motion. The Bitcoin address that holds the cryptocurrencies have been under close surveillance from the period of the hack till now.  There are wild guesses that the coins are being transferred to a different address in anticipation of liquidation or […]

Could Derivatives Trading Be A Risk To Crypto Investors? 

There has been an increase in the number of users that operate on derivatives DEXs, which is as a result of a surge in the number of retail investors that have chosen to go into derivatives trading as well as decentralized exchanges DEXs, the action is partly as a result of the laws in the […]

$80 Million Worth of Cryptocurrency Whisked From Qubit Finance Platform 

Qubit recently joined the unlucky list of DeFi protocols on the Binance Smart Chain (BSC) to get exploited. Approximately about $80 million worth of BNB tokens just got lost. The hack was carried out at the latter part of the night, on January 27, 2022, and was only discovered by the platform some few hours […]

US Financial Watchdog Probes Three Crypto-Related Companies

Per Bloomberg, the US SEC probes three crypto-yield companies over proper registration issues. Why The Probe? While none of the firms have been alleged of any misconduct, multiple sources reveal that the SEC is investigating whether crypto yield firms’ offerings should be considered securities. The operations of crypto lending firms are similar to the way […]

Binance Boss Loses $14B Overnight In A Bloody Crypto Market Correction

Even though the crypto market has been declining since the beginning of the week, it culminated in a massive decline on January 21, with BTC now trading at a 6-month low of $35.35K. Crypto Price Correction And Dwindling Wealth For CZ As widely reported in various media, the price of crypto-related stocks has not been […]

Robinhood Trials A New Crypto Wallet Transfer Feature 

Popular trading platform, Robinhood, has launched the trial version of its crypto wallet feature that allows its users to perform crypto transactions outside the platform. Feature Only Available For Select Users However, this feature (WenWallets) is only available to 1,000 selected users. Part of the press release issued by Robinhood states that the firm intends […]