Ride the Crypto Wave
From March 19 to 20, there was increased volatility in the crypto market. Bitcoin rate fell below $61,000, which led to a wave of liquidations on futures contracts. Over the course of the day, the volume of losses amounted to $638 million, according to CoinGlass. On the background of these…
The Securities and Exchange Commission of Nigeria has come up with new guidelines for cryptocurrency firms. The regulator has proposed a 400% increase in registration fees. According to the document, foreign companies that intend to operate as a virtual asset service provider in Nigeria must obtain the appropriate license and…
African payments company Zone has announced the completion of an $8.5 million seed round of funding led by venture capital firms Flourish Ventures and TLcom Capital. The startup is building a decentralized blockchain-based payment infrastructure for financial service providers on the continent and beyond, according to a press release. “Zone’s…
The popularity of bitcoin has led to interest in mining even among people who are not connected with the blockchain industry. The reason for the attractiveness of this sphere is the opportunity to earn cryptocurrency using computer power. In the past, a factory graphics card was enough to mine digital…
Starbucks has announced that it will close the beta version of its Odyssey loyalty program on March 31, 2024. The first NFT collection released under the initiative was sold out in 20 minutes. The organization’s official statement on the reasons for closing the program reads as follows: “The Starbucks Odyssey…
On the morning of March 17, 2024, the bitcoin price was falling below $65,000 at the moment. The drawdown for the week is 4.4%. At the time of writing, the asset has consolidated above $65,000. At the low point, the price was at $64,780, according to TradingView: After a significant…
Bitcoin miner Marathon Digital Holdings (MDH) has announced the acquisition of a 200MW data center in Texas, US. The facility was purchased from Applied Digital Corporation for $87 million. The transaction is expected to close in the second quarter of 2024. The transaction is expected to close in the second…
On March 15, 2024, net daily inflows into spot bitcoin ETFs continued to show declines and fell to $199 million, according to data from the SoSo Value platform. The figure collapsed by more than $800 million in three days, dropping to the aforementioned mark from the record high of $1.05…
Vanguard Group CEO Tim Buckley rejected the proposal to list spot bitcoin-ETFs on the platform. Despite the stance of competitors who have opened up access to this asset class, the entrepreneur has no intention of offering it to clients. A video was released on the company’s website in which Buckley,…
Binance has integrated the Solana network into its Web3 Wallet. This was reported to Cryptonicorn by representatives of the ecosystem. The press release said that users will now be able to send and trade tokens in Solana and access EVM-compliant blockchains, the bitcoin network and Cosmos. The team also revealed…