Cryptocurrency

Altcoins
BitTorrent Collaborates with Huobi to Develop Promising L2

Huobi, a crypto exchange headquartered in Singapore, announced that it will join the BitTorrent Chain (BTTC) ecosystem and support the development of a Layer 2 network on BTTC. The collaboration will promote an on-chain open financial system. This partnership will…

Cryptocurrency
United Arab Emirates(UAE) to Establish Exclusive Free Zone for Digital and Virtual Asset Companies(Crypto Valley)

Ras Al Khaimah (RAK), one of the seven emirates of the United Arab Emirates (UAE), is set to launch a free zone (Crypto Valley) dedicated exclusively to digital and virtual asset companies. The initiative aims to attract entrepreneurs and businesses…

Cryptocurrency
Currency Financial System doesn’t work for everyone – Coinbase CEO

Brian Armstrong, the co-founder and CEO of Coinbase, recently published an op-ed on CNBC titled “Offshoring Crypto Hurts the Financial System and America’s Geopolitical Standing”. In the op-ed, Armstrong raises the question of whether policymakers should enact real legislation in…

Crypto Exchange
Robinhood Launches Crypto Wallet for iOS with Support for Bitcoin, Ethereum, Dogecoin, SHIB, and Polygon

Robinhood, the popular trading app, has announced the launch of a cryptocurrency wallet for iOS users supporting six crypto tokens, including Bitcoin, Ethereum, Dogecoin, SHIB and Polygon (MATIC) tokens. This move is part of Robinhood’s efforts to expand its offerings…

Cryptocurrency
Reserve Bank of Australia Takes a Step Closer to CBDC with eAUD Pilot Phase

The Reserve Bank of Australia (RBA) has announced plans to launch a pilot program for a central bank digital currency (CBDC), which will be led by former Ripple executive, Dilip Rao, and in collaboration with the Digital Finance Cooperative Research…

Bitcoin Price Analysis
Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Cosmos (ATOM) Price Analysis for the Week

The Crypto Total Market Capitalization closes –at 2.75% last week, which as a result caused a sell-off in the Altcoin market. The Altcoin Market Capitalization aka Others Market cap closes at -5.69% last week. In this article, I will share…

Crypto Exchange
Bitcoin and Ethereum are here to stay- Circle CEO Jeremy Allaire

The Wall Street Journal has reported that the SEC is investigating whether stablecoin issuance violated investor protection laws, marking the latest hit to an industry that has been rattled by layoffs and bankruptcies. Stablecoins are digital tokens that are pegged…

Cryptocurrency
Reuters news is inaccurate confirms Visa’s, Head of Crypto

Yesterday Feb 28th, 2023 Reuters published an article stating “Visa, Mastercard pause crypto push in wake of industry meltdown” – sources” which was featured by Yahoo News as well. However Visa’s Head of Crypto, Cuy Sheffield confirmed on twitter that…

Cryptocurrency
Why is Dubai an Attractive Crypto Oasis?

Satoshi Nakamoto launched Bitcoin (BTC) in 2009 as an alternative to traditional finance.  He aimed to take back control from the elites and give the common person a chance to take part in a secure, decentralized, and transparent financial system. …

Cryptocurrency
Banning of Cryptocurrency should still be on the table – IMF

During recent G-20 summit, Kristalina Georgieva reinstate’s her stance about banning cryptocurrency if crypto becomes a high risk asset. In an interview with Bloomberg she further states that “Crypto is not real money and not backed by anything” . IMF Managing…