Author name: Peter

Nigerian Payments Fintech Startup Cleva Raises $1.5 Million in Pre-Seed Funding

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 […]

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Australian Government Official Questions ASIC’s Failure to Warn Investors about Hyperverse Scam

The Australian government's assistant treasurer, Stephen Jones, has expressed his concern regarding the Australian Securities and Investments Commission's (ASIC) failure to issue a consumer warning against the crypto investment scheme, Hyperverse. Jones plans to investigate why ASIC did not follow the lead of regulators in other countries such as the UK, New Zealand, Canada, Germany,

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Peter Brandt: Bitcoin ETF Approval Signals ‘Buy the Rumor, Sell the News’ Event

Veteran trader Peter Brandt believes that the expected approval of spot Bitcoin exchange-traded funds (ETF) could be a classic example of a "buy the rumor, sell the news" event. Brandt, who has years of experience as a professional trader, stated that this conclusion is partly based on the enthusiasm of Bitcoin maximalists for the approval

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Investing in Paper Gold vs. Physical Gold: Which is Right for You?

Introduction Many investors choose gold as a stable asset that has preserved its value throughout history. However, the logistics and costs of storing physical gold may deter some investors. In such cases, investing in paper gold can be a viable alternative. This article will explore what paper gold is, the different types of paper gold

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Vanguard Restricts Customer Access to Spot Bitcoin ETFs

Vanguard's Surprising Move Vanguard, a major player in the investment management industry with over $7 trillion in assets, has taken a surprising stance by blocking customer access to Spot Bitcoin Exchange-Traded Funds (ETFs), according to multiple reports. This decision comes as a notable deviation from the growing trend of institutional interest and adoption of Bitcoin-related

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Bitcoin ETF Approval Signals a Paradigm Shift, Says Balaji Srinivasan

Balaji Srinivasan, a prominent figure in the technology and crypto industry, believes that the recent approval of U.S. spot bitcoin exchange-traded funds (ETFs) marks a significant transformation from centralized monetary systems to decentralized finance. According to Srinivasan, this shift is comparable to the reversal of Executive Order 6102, which involved the seizure of gold from

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