As an analyst with a background in financial regulation and experience living in West Africa, I find the latest developments in Nigeria’s cryptocurrency landscape both intriguing and concerning. The Nigerian Securities and Exchange Commission (SEC) aiming to ban peer-to-peer (P2P) cryptocurrency exchanges using the local currency seems like a step towards better regulation of the … Read more
As a seasoned analyst with extensive experience in the cryptocurrency market, I’ve witnessed firsthand how Bitcoin (BTC) continues to defy expectations and deliver jaw-dropping price swings. The latest surge above $64,000 on May 7 is just another testament to this volatility. On May 7, Bitcoin’s price surpassed $64,000 once more as traders extracted funds from … Read more
As an analyst with a background in blockchain technology and experience in grant programs, I am thrilled about the Starknet Foundation’s new $5 million Seed Grants Program. This initiative comes at an opportune time for the Starknet ecosystem, which has seen a significant increase in developer activity and interest. The Starknet Foundation unveiled a fresh … Read more
As an experienced financial analyst, I view Revolut’s entry into the cryptocurrency trading market with a positive outlook. The company’s decision to introduce Revolut X, a specialized crypto trading platform for retail customers in the United Kingdom, is a strategic move that could potentially disrupt major cryptocurrency exchanges and attract a large customer base. Revolut, … Read more
Bitcoin’s miner revenue has fallen to its lowest in the last year. This is due to the recent decline in network activity. As a researcher with a background in cryptocurrency and blockchain analysis, I find the current state of Bitcoin’s miner revenue concerning. According to recent data from CryptoQuant, Bitcoin’s miner revenue has fallen to … Read more
As a seasoned crypto investor with a deep understanding of the market dynamics, I find this recent turnaround in Grayscale Bitcoin Trust (GBTC) inflows encouraging. After enduring seven weeks of significant outflows totaling over $17.5 billion, it’s reassuring to see GBTC recording two consecutive days of inflows, amounting to $66.9 million. This trend is a … Read more