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Nigerian Presidential Hopeful’s Party Says It Will Review Country’s Blockchain and Crypto Policy if Elected

October 23, 2022 0

The party of the Nigerian presidential hopeful Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in the upcoming elections. The All Progressives Congress also said it “will work with the Central

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Investment Strategist Discusses Bitcoin ‘Entering Unstoppable Maturation Stage’ — Says Price Should Continue to Rise

October 23, 2022 0

Bloomberg Intelligence’s senior commodity strategist says bitcoin “may be entering an inexorable phase of its migration into the mainstream.” In addition, the cryptocurrency may also “be entering unstoppable maturation stage,” the strategist added, expecting the price of bitcoin to continue to rise over time. Bitcoin’s ‘Unstoppable Maturation Stage’ Bloomberg

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CoinEx Supports the Dream of Every Common Man by Sponsoring Rugby League World Cup 2021

October 23, 2022 0

The Rugby League World Cup 2021 is held in the UK between 15 October and 19 November 2022. It is an honor for CoinEx to be a sponsor of the prestigious RLWC event and to have the opportunity to inspire rugby fans to begin their cryptocurrency trading journeys. CoinEx & RLWC Exclusive Collaboration By sponsoring […]

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Web3 Ecosystem to Add $1.1 Trillion to India’s GDP by 2032: Report

October 23, 2022 0

India has emerged as a leading global player in the Web3 market, a new report by Nasscom states. Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is projected to be added to India’s GDP by 2032. India Emerges a Leading […]

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Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis

October 23, 2022 0

Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to volatile macro events, including high inflation, an appreciating dollar, rising interest rates, ongoing war, and the energy crisis, the firm explained. ‘Bitcoin Volatility Is

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Tesla CEO Elon Musk Says Recession Could Last Until Spring 2024

October 22, 2022 0

Tesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” the Tesla boss said. Elon Musk on Global Recession […]

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OSCE Trains Uzbekistan Law Enforcement to Track and Seize Crypto, Search Dark Web

October 22, 2022 0

The Organization for Security and Co-operation in Europe (OSCE) has set out to teach law enforcement officers in Uzbekistan how to conduct crypto and dark web investigations. The regional body recently organized a training course for employees of the country’s security agencies in Tashkent. Uzbekistan Police and Security Agents Attend OSCE Course on Cryptocurrencies

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Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours

October 22, 2022 0

Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s value. The VC-backed blockchain token […]

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State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months

October 22, 2022 0

During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down more than […]

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Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months

October 22, 2022 0

In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin have shed some excess weight. While Tether and […]