A perfect storm is brewing for Bitcoin

A recent report suggests that the lack of traditional financial infrastructure makes Africa a place where cryptocurrency adoption is likely.The report — shared with Cointelegraph by a Luno representative on May 27 — sheds light on Africa’s financial infrastructure and the role that cryptocurrencies play in it.The author of the research, which was jointly conducted…

Recently the Grayscale Bitcoin Trust Fund (GBTC) premium to net asset value (NAV) reached its lowest level since November 2018. This premium shows that traders are paying more for GBTC shares than the underlying Bitcoin (BTC) quantity held by the fund.This difference is caused mostly due to retail investors inability to purchase shares directly from…

A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia's history, as the stock hits all-time highs. 3855 Total views 13 Total shares Nvidia’s ongoing supply problems won’t stop the company from selling $50 million worth of its new CMP chip range in the…

BTC price performance offers little inspiration through the latest U.S. macro data, but concern is brewing among Bitcoin analysts over $60,000 support.

U.S.-based company launched a VPN app for iOS users after witnessing a surge in VPN services demand across the world. 1130 Total views 23 Total shares On July 9, peer-to-peer bandwidth market company, Orchid, announced the official launch of its crypto-enabled VPN app in the Apple App Store. This move comes after the company witnessed…

On this episode of Decentralize with Cointelegraph, reporter Joe Hall is at Paris Blockchain Week 2023, chatting with some of the industry’s most prominent thinkers in the aftermath of the recent banking crisis. 66 Total views 1 Total shares Own this piece of history Collect this article as an NFTParis Blockchain Week 2023 (PBW) was…

According to L2Beat, six Ethereum layer 2s have already reached Stage 1, while most others are still stuck at Stage 0.

In what has been dubbed a “deal frenzy,” crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, CNBC reported Oct. 18.Data compiled by JMP Securities for PitchBook reportedly reveals that the total number of M&A deals in the sector is set to hit 145 by the end of…

Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%. 320 Total views 3 Total shares FTX CEO Sam Bankman-Fried (SBF) said the rise of Binance stablecoin BUSD could spark the “Second Great Stablecoin War,” given how…