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Sub-Saharan Africa saw a significant surge in cryptocurrency activity in March, with monthly transaction volumes on the network reaching $25 billion, largely driven by centralized exchanges in Nigeria. Nigeria is fueling cryptocurrency growth in sub-Saharan Africa Sub-Saharan Africa (SSA) saw a…
Peter Schiff says Bitcoin is losing momentum ahead of Fed rate cut. In his opinion, gold and silver are overtaking the first cryptocurrency. Meanwhile, the crypto community believes that the asset will show greater profits than gold. Noted crypto skeptic and…
If the first cryptocurrency overcomes the key resistance at $117,500, it will open the way to updating historical maximums, said MN Capital founder Michael van de Poppe. #Bitcoin is still nicely consolidating. The crucial resistance remains the same, this is the…
Fidelity analysts predict that by 2032, a significant portion of bitcoins could leave active circulation, which would have a significant impact on the market. According to research from Fidelity, up to 8.3 million bitcoins could become illiquid by 2032. That would…
Billionaire Jack Dorsey today called on the community to help Square merchants switch to bitcoin payments. “Orange checkout button coming soon,” Dorsey wrote on social media, hinting that Square will introduce bitcoin payment options for merchants. The Square co-founder and former…
On September 16, representatives of 18 companies, including cryptocurrency and traditional ones, will meet regarding the BITCOIN Act. In particular, Michael Saylor and Tom Lee will join the discussion on the Bitcoin Strategic Reserve. In addition, the participants in the process…
Bitcoin Core developer Jimmy Song said the Taproot update fell short of expectations because it failed to deliver the privacy and security features promised. He said the update failed to account for a “social attack surface” that allowed non-financial transactions like…
Bitcoin Core has reduced the standard transaction fee by 90%, one of the most significant changes in recent years aimed at reducing the cost of transfers on the Bitcoin network. In the Bitcoin Core 29.1 update, released on September 4, the…
Hyperscale Data plans to invest $100 million in Bitcoin. Part of the funds will be raised through the sale of a data center in Montana. Hyperscale Data is actively expanding its AI campus in Michigan. Hyperscale Data, a company specializing in…
American writer, TV and radio host Dave Ramsey has criticized cryptocurrencies, calling investments in them stupid and comparing them to throwing money away on gambling. Ramsey said cryptocurrencies are untested investments. The financial expert compared digital assets to commodities, gold, and…
Bitcoin rose above $116,000 after the release of the US Consumer Price Index (CPI), and traders were filled with optimism. BTC/USD 1-day chart. Source: Bitstamp Inflation data strengthens bets on interest rate cuts According to Bitstamp and TradingView, the BTC/USD rate…
Short-term holders are posting losses again for the first time in four months, CryptoQuant said. The SOPR indicator fell below the breakeven line despite the rise in the price of Bitcoin. Analysts note weak activity among retail investors and the absence…