Bitcoin’s price performance remains under pressure, with the asset experiencing a drop of 2.3% over the past week. This decline pushes BTC’s value even further from its January all-time high of over $109,000. Amid the bearish momentum, analysts are observing signs of renewed interest from retail investors—a critical market segment that could shape Bitcoin’s near-term

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms

I. Introduction Bitcoin is often praised as a long-term savings technology, but its role as a medium of exchange is just as important—especially for businesses. From local cafés to large corporations, more merchants are considering bitcoin as a payment option, drawn by its low fees, fast transactions, and ability to reach a global, young and

Another week, another set of fascinating developments to look at on the Africa crypto scene. Nigeria continues to open up to crypto investors as a significant debit card service is now operational in that market. Meanwhile, OKX is betting on Africa’s future as Tether signs a deal with Guinea to be part of its “Innovation

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms

The article discusses how crypto exchanges Crypto.com and Kraken are considering launching their own proprietary stablecoins in response to the European Union’s MiCA regulations. These regulations have disrupted the use of existing stablecoins like Tether, prompting exchanges to develop compliant alternatives. Kraken plans to launch a dollar-backed stablecoin through its Irish subsidiary, while Crypto.com aims

California-based Robinhood is ready to expand into the Asian market with plans to launch crypto services in Singapore by late 2025. The company is contemplating a Singapore headquarters to tap into the region’s growing demand for digital assets. Johann Kerbrat, vice president and general manager of Robinhood Crypto, confirmed the move to Bloomberg News. Although,

This election cycle saw a sharp increase in political spending from cryptocurrency companies, positioning the industry to influence U.S. politics. Already several states have begun exploring the creation of strategic Bitcoin reserves. As Bitcoin becomes more institutionalized, its adoption by state treasuries is seen as a victory for the crypto sector. However, this trend raises

Founder: Nicolas Burtey Date Founded: September 2019 Location of Headquarters: United States Number of Employees: 11 Website: https://www.galoy.io/ Public or Private? Private Last week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans. Lana helps community and challenger banks (the banks with which Galoy is looking to work) to offer

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms

JPMorgan analysts believe that Tether, the largest stablecoin company, may need to sell some of its assets including Bitcoin, precious metals, corporate paper, and secured loans to comply with new US stablecoin regulations. The regulations include stricter reserve standards and federal oversight of large issuers. Tether’s CEO Paolo Ardoino rejected the suggestion by JPMorgan analysts