Top 10 Cryptocurrencies to Invest in April 2024: A Deep Dive The cryptocurrency market continues to evolve at a rapid pace, offering a vast array of investment options. With so many choices, it can be daunting to decide where to put your money. This blog dives into the top 10 cryptocurrencies to consider for investment…
The Sentencing of Sam Bankman-Fried: A Fair Outcome for the Crypto Industry The recent sentencing of Sam Bankman-Fried, the cryptocurrency wunderkind turned convicted fraudster, to 25 years in jail and the forfeiture of over $11 billion has been widely regarded as a fair outcome. While it may not be as harsh as the prosecution’s request…
End of Mangudya’s Tenure as RBZ Governor John Mangudya’s term as the Governor of the Reserve Bank of Zimbabwe (RBZ) has come to an early end, as President Emmerson Mnangagwa appointed a new governor. Mangudya’s tenure was originally scheduled to end on April 30, and he was set to take on the role of Chief…
London Stock Exchange to Launch Bitcoin and Ethereum ETN Market on May 28 The London Stock Exchange (LSE) has announced that it will be launching a market for Bitcoin and Ethereum Exchange Traded Notes (ETNs) on May 28. This move comes as a response to the growing demand for cryptocurrency investment products. The ETNs will…
The rise of cryptocurrency has thrown a curveball at traditional financial systems. America, a nation known for innovation, is grappling with how to regulate this new asset class. Unlike some countries with a blanket ban, the US approach is more nuanced. Let’s delve into the measures America has taken regarding cryptocurrency transactions. A Patchwork of…
In a surprising turn of events, a UK judge has definitively thrown out Craig Wright’s claim to be the enigmatic Satoshi Nakamoto, the pseudonym behind Bitcoin’s invention. This swift verdict comes after a six-week long trial brought forth by the Crypto Open Patent Alliance (COPA) against Wright. Judge Rules Wright Not Satoshi Justice James Mellor…
Singapore, March 14, 2024 – At the Token 2049 conference in Singapore, Brad Garlinghouse, CEO of Ripple Labs, the fintech company behind the XRP cryptocurrency, revealed several key developments for the company. Central Bank Collaborations: Expansion Plans: SEC Lawsuit: US Regulatory Landscape: Overall, the news from Ripple paints a picture of a company with ambitious…
Argentina’s central bank made a surprising move on Monday night, slashing its benchmark interest rate from 100% to 80%. This decision comes despite the country grappling with annual inflation exceeding 250%. The Rationale Behind the Cut The central bank cited several factors for this unexpected rate reduction: Potential Benefits: The Risks Involved: Public Reaction and…
Hold onto your hats crypto enthusiasts, because Bitcoin is on a tear! The world’s leading cryptocurrency surged to a brand new all-time high today, breaching the $73,000 mark for the first time ever. This incredible rally comes just weeks after Bitcoin surpassed $71,000, marking another milestone. The recent growth reflects a surge in investor confidence,…
Coinbase, a major cryptocurrency exchange, is taking its fight with the U.S. Securities and Exchange Commission (SEC) to the courts. In a recent legal filing, Coinbase argues the SEC is failing to do its job by refusing to establish clear regulations for the crypto industry. Coinbase Accuses SEC of Ignoring Established Procedures On March 11th,…
