Nigeria Upgrades eNaira As Crypto Restrictions Affect Fintech Industries
Nigeria’s central bank has upgraded the eNaira to steer the country away from crypto. The Central Bank of Nigeria (CBN) is moving forward with plans to upgrade the country’s central bank digital currency (CBDC), eNaira so that it can be used to purchase a broader range of goods and services. It also maintains strict crypto […]
AMC Theatres’ CEO says that 35% of its online payments are in crypto and digital
Crypto, along with numerous other digital payment options, accounted for 35% of AMC Theatres‘ recent online payments according to CEO Adam Aron. After launching online payment support for Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) in November, the popular movie theater chain has steadily been working on various crypto adoption strategies. Last […]
3 New Crypto ETFs Set To Start Trading In Australia This Week
As the delayed funds from Cosmos and 21Shares launch this week, Australians will soon have five options for cryptocurrency exchange-traded funds (ETFs). After a previous hold-up was lifted this week and new funds entered the ETF market, Australians will soon have more options for spot cryptocurrency exchange-traded funds (ETFs). The most recent update came late […]
Bitcoin Network Transactions And Fees Increase As Investors De-Risk
According to the most recent report from Glassnode, investors are urgently sending Bitcoin into exchanges to de-risk their portfolios or protect margin positions with more collateral. The number of transactions on the Bitcoin network has increased over the last week, which blockchain analysis firm Glassnode attributes to investors de-risking. Last week, a surge of 42,800 […]