COVID-19 was a terrifying time for many people worldwide, with important businesses and industries suffering significant setbacks. Some even had to shut down their operations due to the lockdown imposed by almost every government. While COVID mainly negatively impacted various sectors, other industries saw an unprecedented increase in revenue and mass adoption. The online fitness industry was one of those […]

The Central Bank of Nigeria (CBN) is moving forward with its central bank digital currency project (CBDC) project, as the CBN will launch a digital naira pilot program later in October 2021. Nigeria Progresses With Digital Naira Initiative  According to the Peoples Gazette, the CBN made the announcement while addressing stakeholders at a webinar on Thursday (July 22, 2021). The […]

The MVRV ratio, a Bitcoin indicator, might suggest that the current bull run isn’t over, and the price of the crypto is yet to peak. The MVRV Ratio Indicates The Cycle Isn’t Over Yet As pointed out by a Crypto Quant post, past cycles seem to follow a specific pattern on the MVRV charts. This might suggest that the current […]

El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services. Related Reading | Ether EFT Gets Approval […]

Cardano (ADA) has been one of the most resilient coins in the crypto market. While Bitcoin has experienced a 50% correction and has revisited the yearly open, ADA has traded well above its previous lows. At the time of writing, ADA trades at $1,14 with a 2.7% and 4.8% loss in the daily and weekly charts, respectively. The cryptocurrency has […]

Binance US, the United States-based affiliate of the global crypto exchange giant Binance, is considering an initial public offering (IPO) in the country, Binance CEO Changpeng Zhao confirmed on Friday. While speaking at REDeFiNE Tomorrow 2021, a virtual summit organized by SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, Zhao revealed the plans of his company.  “Binance US […]

We are fortunate to be alive during times when the world changes. Instead of using fiat currencies that governments safeguard, many people decided to take advantage of digital currencies. They became famous thanks to Bitcoin, which was invented after the big financial crisis that took place in 2008. Nowadays, there are thousands of cryptocurrencies, some of which can even be […]

Securities and Exchange Commissioner (SEC) Hester Peirce voiced concerns over the United States lagging behind global jurisdictions in adopting cryptocurrency exchange-traded funds (ETF). During an online appearance at the Bitcoin (BTC) conference “The B Word,” Peirce pinpointed that many other countries like Canada have already been trading crypto ETFs so far, while the U.S. is still deciding on whether to approve […]