Bitcoin's Impressive Rally Bitcoin surpassed the $47,000 mark on Monday, driven by the growing anticipation surrounding the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). The leading cryptocurrency started the day at $43,247 per unit and reached a peak of $47,281 by 2:10 p.m. Eastern Time (ET). ETF Approval Speculation During Monday afternoon, […]
Bitcoin Surges Past $47K on Potential ETF Approval Read More »
Introduction The Crypto App is a comprehensive cryptocurrency tracking, analytics, and content platform that caters to the needs of both crypto traders and investors. With its powerful toolkit, users can gain a deeper understanding of the crypto market, implement data-driven trading strategies, and effectively manage risks. Whether you're a beginner or an experienced trader, The
The Crypto App: Empowering Crypto Traders and Investors Read More »
Expanding Merchant Network and Customer Base The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding. The funding round was led by Tunde Akinnuwa, co-founder of the Nigerian payments company Duplo. Other participants in the round included the Cameroon Angels Network, Catalytic Africa, and Digital Africa. The funds raised will be used by Koree
Cameroonian Fintech Startup Koree Raises $200,000 in Pre-Seed Funding Read More »
As the approval for the ETF draws near, questions arise about who will be responsible for holding the bag and safeguarding our coins. While Twitter is abuzz with self-proclaimed ETF experts discussing minor application details, Coinbase has silently positioned itself as a key player in the future of paper Bitcoin. Surprisingly, Coinbase is listed as
Understanding the Role of Coinbase as Bitcoin Spot ETF Custodian Read More »
The First Steps Towards a Bitcoin-based Economy The city of Prospera, located in Honduras, has recently made a groundbreaking decision by adopting bitcoin as a unit of account. This move allows companies to not only pay taxes but also determine their financial obligations in bitcoin. Since bitcoin has been recognized as legal tender in Prospera
Prospera Adopts Bitcoin as Unit of Account: Paving the Way for a Modern Economy Read More »
Introduction The U.S. Securities and Exchange Commission (SEC) made headlines on Tuesday when its social media account, known as the X account, announced the approval of spot bitcoin exchange-traded funds (ETFs). However, the excitement was short-lived as SEC Chairman Gary Gensler quickly clarified that the announcement was unauthorized and that the account had been compromised.
Bitcoin's Value Plunges After SEC's Misleading Tweet Bitcoin's value took a rollercoaster ride on Tuesday, thanks to a misleading tweet from an official Twitter account of the U.S. Securities and Exchange Commission (SEC). The tweet falsely announced the approval of all spot bitcoin exchange-traded funds (ETFs), causing a surge in bitcoin's price to nearly $48,000
False Spot ETF Approval Post Causes Chaos in Bitcoin Markets Read More »
Standard Chartered's $200K Bitcoin Prediction Standard Chartered, a leading international bank, has made a bold prediction regarding the price of bitcoin. According to the bank's analysts, if spot bitcoin exchange-traded funds (ETFs) are approved by the U.S. Securities and Exchange Commission (SEC), the price of bitcoin could soar to $200,000 by 2025. This approval is
Gary Gensler's Advice to Crypto Investors U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently issued a statement urging caution for investors considering crypto investments. This comes in light of the SEC's upcoming decision on the approval of spot bitcoin exchange-traded funds (ETFs). Gensler emphasized the potential risks associated with crypto assets and advised
Cleva Founders' Unique Qualifications Nigerian fintech startup Cleva has recently secured $1.5 million in pre-seed funding, with backing from the U.S. technology startup accelerator Y Combinator. The funding round was led by early-stage venture capital firm 1984 Ventures, along with participation from The Raba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors. According to
Nigerian Payments Fintech Startup Cleva Raises $1.5 Million in Pre-Seed Funding Read More »