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Grayscale’s managing director, Michael Sonnenshein said that while Bitcoin is the first digital asset to enter the economy, he lauded the significant number of people and investors focusing their attention on Ethereum. ‘Over the course of 2020, we are seeing a new group of investors who are Ethereum-first and in some cases Ethereum-only. There’s a […]

Head of Facebook Financial, David Marcus, says that he hopes the digital asset called ‘Diem’ and Facebook’s wallet known as ‘Novi’ will be introduced to the public in 2021. Before it was renamed, Diem was known as the Libra currency then it was rebranded under the Diem Association, the name was changed. However, due to

Apple’s co-founder Steve Wozniak released his own crypto technology called the Efforce, a system that will increase the abilities of the blockchain in creating a more sustainable ecosystem and investment prospects through its native coin called WOZX. A few days after its launch, the coin hit a whopping 1300% in market capitalization, which is an

After three years, Bitcoin has reached its all-time high once again when its price climbed to a staggering $19,783 last November 24 that shocked the whole world. Despite its sudden dip in March when the pandemic broke out, Bitcoin is back again in the crypto race. If before, a lot of people speculated Bitcoin’s presence,

According to the Securities and Exchange Commission of Nigeria, they will start regulating the flow of digital assets in the country. In a statement, they said that both issuers and sponsors shall follow the commission’s regulations and rules. Under this clause, token offerings, ICOs, and security tokens will be ranked under the investment schemes. Meanwhile,

A survey conducted by CoinDCX discovered that local investors think that digital assets are not accessible to first-time crypto investors in India. Despite the ban on crypto transactions being lifted this year, there’s still not enough information to help investors get started with crypto investments. The study shows that at least 56% of respondents under

Analysts recognize the consistent pattern of increasing whale clusters as a sign of whale accumulation which contributes to the Bitcoin rally. On November 24, Bitcoin’s price went past the $19,000 mark after 3 years. Among other factors, whale accumulation contributes largely to the consistent spike in Bitcoin’s price. Throughout November, whale clusters have steadily formed

For the first time in three years, Bitcoin reached $19,000 on November 24, 2020, and crypto investment firm Pantera Capital points to PayPal’s massive purchase as the cause. The firm reports in their November investor letter that a possible shortage in Bitcoin’s supply is causing the increase in its price. At the end of October,

According to experts in leading crypto firms, the COVID-19 pandemic propelled the development and adoption of cryptocurrency and blockchain technology. Decentralized systems continue shining under the spotlight as traditional models crumble under pressure due to crashing economies. Crypto and blockchain services are solving problems exposed by traditional financial institutions due to the COVID-19 pandemic. RippleNet

Crimes related to cryptocurrency are low this 2020 according to a report from CipherTrace, a major crypto analytics firm. But the up and coming decentralized finance projects are experiencing a surge in criminal activities. In 2019, the global crypto sector lost over US$4.5 billion to numerous cyber attacks. The number has significantly dropped this year