Solana Becomes 8th Largest Cryptocurrency After Crossing $100 Milestone
Solana, a cryptocurrency that competes with Ethereum, has gained another 10% in the previous day, reaching a new all-time high above $100. For the first time in history, the price of SOL, the cryptocurrency that underpins the Solana blockchain , surpassed $100 on Monday, extending the upward trend that has seen the asset’s value rise […]
CryptoQuant report shows miners expect Bitcoin to remain over $48,000, and here’s why
While Bitcoin’s hash rate is improving, recent reports from crypto data suppliers CryptoQuant and Glassnode suggest that Bitcoin miners are continuing to accumulate Bitcoin mining equipment. According to a certified CryptoQuant analyst, they expect Bitcoin will surpass the $48,000 barrier and maintain its current value, and as a result, they have been purchasing mining equipment […]
Anonymous whales reportedly transferred over 1.3 million bitcoins in large clumps
The blockchain has recorded a high number of cryptocurrency transactions, each containing an average of 21,000 Bitcoins, during the course of the last twenty-four hours. A total of more than 60 billion USD in Bitcoin was transferred in total. Whales move more than 1.3 million dollars in Bitcoin. These sixty transfers have a total value […]
Central Bank of Nigeria releases draft rules for the eNaira CBDC programme
The planned central bank digital currency, according to the CBN, will have parity of value and will operate as a non-interest-bearing CBDC (Central Bank Digital Currency). The Central Bank of Nigeria (CBN) has announced preliminary instructions for its proposed eNaira digital currency, which is expected to be launched later this year. The Central Bank of […]
Hong Kong’s watchdog to place restrictions on ICOs
The Hong Kong Securities and Futures Commission (SFC) has announced the start of its latest anti-scam and anti-crypto fraud program. The SFC clarified today in a public notification that the sale of CIS products to the general public in Hong Kong without the SFC’s approval is strictly forbidden. In addition, the commission cautioned investors to […]