According to the Dubai Financial Services Authority (DFSA) which is the chief regulator of the Dubai International financial centre (DIFC), a new regulatory framework for cryptos is about to be unveiled. New framework expands on existing rules According to the…
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Bitcoin to fall back to $20,000 and Ethereum to soar up to $9,000
The market outlook for the two major cryptocurrencies did not seem favourable as the prices of both Bitcoin and Ethereum continues to drop. Today (21st January) BTC recorded a price drop of nearly 8% and ETH recorded a price drop…
“Bitcoin Drops To $28,000 per BTC Due To A Flaw In The Crypto Called ‘Double Spend’
Bitcoin hits all time time nearing $42,000 start of New Year has dropped significantly to 30,000 lowest since start of this year. The primary reason for this drop is connected to two major events. BitMEX Research Team suggested that a…
Janet Yellen: Bitcoin Is An Enabler For Illegal Activity
Incoming US secretary of the treasury Janet Yellen may not be a big fan of cryptocurrencies at least according to her nomination hearing on Tuesday January 19. Yellen was asked cryptocurrencies as Joe Biden’s pick for the treasury hot seat…
270K BTC Has Been Taken Out Of Supply Over The Last Month
Despite volatile prices that have seen BTC lose its value by 7% overnight, BTC investors are holding on to their Bitcoin. According to data published by crypto market data aggregator Glassnode, “liquid” BTC wallets have shed 270,000 BTC over the…
Charles Hoskinson: Africa is the Future of De-fi
Cardano’s ADA is one of the crypto’s that have been tipped to blow up this year. Africa may have something to do with it according to Cardano CEO Charles Hoskinson. According to the IOHK (company that owns Cardano) CEO, the…
Weekly Price Analysis for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple’s XRP
Bitcoin (BTC) dipped below the price of 35,000$, losing support levels previously achieved at that value. As BTC is entering a trend reversal with bearish momentum, the top crypto is showing losses on the daily chart, as well as on…
Armed Criminals Got Away With $450,000 in Bitcoin from Hong Kong Trader
According to the South China Morning post, Hong Kong police have launched a massive manhunt for a gang that made away with 3.5 million Hong Kong dollars ($450,000) from a woman in the Hong Kong. The gang made away with…
Weekly Price Analysis for Bitcoin (BTC), Ethereum (ETH), and Polkadot (DOT)
Bitcoin (BTC) is firmly holding above levels of 36,000$, while still struggling to get back at the ATH of 41,000$ despite the recent daily gains. Polkadot managed to join the list of the top 4 biggest cryptos by market cap,…
Institutional Investors Stay Engaged As BTC Chases New High
Bitcoin’s volatility has been on full display in the last week with the last twenty four hours being very interesting. The early trading hours of January 14 saw BTC regain a market cap of over 1 Trillion having reached $40,099…