Cryptocurrency Analysis and News Portal
In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank ban on lenders providing services to crypto exchanges in the country. With much of the Nigerian crypto market of necessity peer-to-peer, Nigeria’s Securities and Exchange Commission (SEC)
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Coinmarketcap has listed Bitcoin’s smallest unit known as SatoshiOne Satoshi(SATS) is the equivalent of 0.00000001 BTCMike Novogratz believes it is time to switch to Satoshi (SATS) as the price of Bitcoin looks ‘too expensive’ for some investorsAccording to Glassnode, sat stackers or holders of less than 1 BTC, now own
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The news about the Morgan Stanley Unit Counterpoint Global’s probable bet on Bitcoin has sent the price of the currency to a new all-time high.A unit of American multinational investment bank and financial services giant Morgan Stanley (NYSE: MS), known as Counterpoint Global is reportedly eyeing a Bitcoin (BTC) move.
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Morgan Stanley’s $150 billion Counterpoint Global investment unit is considering placing a bet on bitcoin, according to a report by Bloomberg, which cited people familiar with the matter.CORRECTION (Feb. 13 15:57 UTC): Corrects that the investment arm has $150 billion under management. Source
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Eris Clearing LLC, the clearing arm of Eris Exchange, has won the Commodity Futures Trading Commission’s blessing to provide clearing services for fully collateralized swaps in addition to its existing business of clearing virtual currency products. Source
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eBay and Adevinta announced a definitive agreement for eBay to transfer its Classifieds business to Adevinta. This move will significantly strengthen both entities and see them compete with major e-commerce businesses.eBay Inc (NASDAQ: EBAY) has announced today that it has entered into an agreement with Adevinta ASA (OSLO: ADE) for
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Bitcoin miner maker MicroBT has rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's dominance.MicroBT sold about 600,000 units of its flagship WhatsMiner M20 series last year, Vincent Zhang, sales head of the Shenzhen-based company, said in an online panel hosted
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The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week.In April, the CFTC’s fintech research unit, LabCFTC, will host office hours during New York Fintech Week to engage with innovators in the field, according to a recently published announcement.LabCFTC’s objective is
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The blockchain world may soon be seeing a major merger with the traditional financial sector.JPMorgan Chase, the United States’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with major Ethereum-focused firm ConsenSys.According to a Reuters report on Feb. 11, unnamed persons familiar with the matter claim
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“We believe that all tradable assets will be tokenized in the future,” said Alexis Hamel, managing director of solaris Digital Assets. “solarisBank had proven that the Banking-as-a-Service model works, and with a full German banking license solarisBank is ideally positioned to use the same model for solaris Digital Assets to
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