Cryptocurrency Analysis and News Portal
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
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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
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The CEO talked about the expansion plans of Thesis, stating that the company is looking to increase its current team of around 40 across all projects.Thesis, a crypto venture studio, has completed a $ 21 million Series A funding round. The Series A round saw a long list of investors
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Binance US will be competing for a public spot proceeding despite facing allegations from global regulators. Binance US which is a cryptocurrency exchange operating in the American market will opt for an IPO way to go public. The firm is currently in the process of navigating heavy regulatory
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BlockFi has been focusing its efforts to go public long before the regulations grew deep.The documents circulated in the media have given an edge to the growing speculation highlighting the intention of BlockFi to go public in the next 12-18 months. The documents are also suggesting that the company will
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The automobile giant is also working to establish eight giga-factories that will manufacture the cells for its electric car batteries. Besides, Mercedes also plans to set up a network of Plug & Charge Stations.Automobile giants are making all efforts towards their shift to electric vehicles. On Thursday, July 22, Mercedes
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Australian 'buy now pay later' (BNPL) firm Zip is looking to enter the crypto market by offering trading services to users within the next 12 months. Zip co-founder Peter Gray told Reuters on July 22 that expanding support for crypto trading services and providing a digital wallet was one of
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On a long-term basis, Coinbase stock remains bullish supported by an upward call for the cryptocurrency industry by several Wall Street analysts.Coinbase Global Inc (NASDAQ: COIN) stock closed Monday trading at $248.24, down 3.92% from the day’s opening price. Additionally, COIN stock dropped approximately 1.16% further during Tuesday’s pre-market to
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Currently, ICP is trading at $258, has lost over 60% of its debut price, and is currently valued at $32 billion. In the past few days, Internet Computer (ICP) made a debut with an incredible display of $45 billion market value. However, the moment was short-lived as the
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