BitGo in talks to launch services in India
India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024.
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Does Bitcoin price risk losing $28K with BTC futures premium at 2-month lows?
For the past 17 days, Bitcoin (BTC) price has been trading within a narrow 8.5% range from $27,250 to $29,550, causing the 40-day volatility metric to drop below 40%. This wasn't restricted to cryptocurrencies as the S&P500 index's historical volatility has reached 17%, its lowest level since December 2021.But will $28,000 become the new resistance?…

Fonbnk’s Michael Kimani sorts out facts on crypto adoption in Africa
The first episode of Hashing It Out features Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) and Michael Kimani, Fonbnk’s co-founder and head of growth in Africa. 164 Total views 9 Total shares Own this piece of crypto history Collect this article as NFTThe African continent has been tipped as an important market for crypto adoption due to…

Crypto.com supports Cronos cross-bridge mainnet beta launch
The protocol launched its testnet in July 2021 and has since facilitated 1.5 million transactions. 1395 Total views 22 Total shares Cronos has announced the launch of its mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems.The release will enable developers to port decentralized applications and…

Don’t blame crypto for ransomware
Recently, gas has been a hot topic in the news. In the crypto media, it’s been about Ethereum miner’s fees. In the mainstream media, it’s been about good old-fashioned gasoline, including a short-term lack thereof along the East Coast, thanks to an alleged DarkSide ransomware attack on the Colonial Pipeline system, which provides 45% of…

Ethereum price reaches lowest level relative to Bitcoin in 5 months
The previous six months should have been extremely beneficial to Ether's (ETH) price, especially after the project's most significant upgrade ever in September 2022. However, the reality was the opposite: between September 15, 2022, and March 15, 2023, Ether underperformed Bitcoin (BTC) by 10%.Ether/Bitcoin price on Bitfinex, 2-day. Source: TradingViewThe price ratio of 0.068 ETH/BTC…

Deloitte 2018 Survey: Blockchain “Getting Closer to Breakout Moment Every Day”
“Big Four” auditor Deloitte’s 2018 blockchain survey, published August 27, reveals that the technology is gaining significantly – if unevenly – in traction at the executive level of enterprises across diverse industries. Deloitte’s survey polled a sample of just over 1,000 senior executives in seven countries – Canada, China, France, Germany, Mexico, U.K., and…

Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric?
Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. Bitcoin dominance. Source: Coinmarketcap.comHowever, a closer analysis suggests that the concept of "Bitcoin dominance" might not be as informative as it seems, especially when considering the broader dynamics of the

The Bahamas launches world’s first CBDC, the ‘Sand Dollar’
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program. 846 Total views 14 Total shares The Central Bank of the Bahamas has announced the country’s “Sand Dollar” — a state-backed virtual currency — is now available nationwide.According to an Oct. 20 Facebook post…