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BRICS: Chinese Yuan Officially Overtakes US Dollar

Alongside the BRICS de-dollarization plans, the Chinese yuan has officially overtaken the US dollar as the top traded currency in Russia. Indeed, the currency has now surpassed the greenback as the most prominent foreign exchange in Moscow according to a Reuters report. The data shows that the yuan has accounted for more than 42% of […]

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Tether Collaborates With FBI and Justice Department To Seize $1,400,000 in USDT From Crypto Wallet

USDT issuer Tether has helped top US government officials seize digital assets from an unhosted crypto wallet. In a new announcement, Tether says it has worked with the FBI and the US Department of Justice (DOJ) to take $1.4 million in USDT from a “scam network.” Says Paolo Ardonio, Tether’s CEO, “We are proud of

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Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

Bitcoin’s (BTC) all-time high of $69,325 has not been hedged for inflation — a dint in the idea that this “digital gold” is a successful store-of-value. When measuring inflation, bitcoin, despite its notable rally in recent months, is still technically worth less than it was at its previous high in November 2021. According to the

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Elon Musk Endorses Investment in AI Crypto

On Monday, Elon Musk, the CEO of Tesla and SpaceX, acknowledged the recent predictions made by venture capitalists who had previously shown optimism towards cryptocurrency and artificial intelligence. The insight came from a post by a user named Daniel on the X platform (formerly Twitter), sharing a meme that humorously depicted the shifting preferences of

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Ethiopia To Become The First African Country To Start Bitcoin Mining

ETHIOPIAN INVESTMENT HOLDINGSLast week, on Thursday, February 15, the Ethiopian Government’s investment arm, Ethiopian Investment Holdings (EIH), signed a memorandum of understanding with Honk-Kong-based West Data Group’s Center Service PLC to commence mining bitcoin. The partnership is under a general agreement for a groundbreaking $250 million data mining project “that is dedicated to establishing cutting-edge

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Bitcoin price keeps rising, but where are the new investors?

The spot Bitcoin ETFs’ saw $4.93 billion in net inflow but where are the “new” investors? A record $2.45 billion inflow in digital asset products in the week ending Feb. 17, and Bitcoin’s (BTC) price appreciation, caused the industry’s assets under management to reclaim December 2021 levels at $67.1 billion. Most of the investment happened

Bitcoin price keeps rising, but where are the new investors? Read More »

Bitcoin price keeps rising, but where are the new investors?

The spot Bitcoin ETFs’ saw $4.93 billion in net inflow but where are the “new” investors? A record $2.45 billion inflow in digital asset products in the week ending Feb. 17, and Bitcoin’s (BTC) price appreciation, caused the industry’s assets under management to reclaim December 2021 levels at $67.1 billion. Most of the investment happened

Bitcoin price keeps rising, but where are the new investors? Read More »

BREAKING NEWS! Pi NETWORK RELEASES THE MUCH ANTICIPATED ROADMAP.

Pi Network has a three-phase roadmap. Phase III is split into two parts: Enclosed Mainnet (current) and Open Mainnet. Beta Phase I In December 2018, Pi publicly listed the mobile app on the major app stores as an alpha prototype that onboarded the initial Pioneers. On Pi Day, March 14, 2019, the original Pi Whitepaper

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JUST IN: Approaching the Pi Network Explosion: The Exciting Launch of Mainnet and the Road to 10-20 Billion Pi

In the ever-evolving world of cryptocurrency, a major revolution is underway. Pi Network, the digital currency that has captivated millions of users worldwide, is edging closer to its mainnet launch. According to information found in the Pi Network whitepaper, the mainnet launch is set to occur when the number of migrated Pi reaches between 10

JUST IN: Approaching the Pi Network Explosion: The Exciting Launch of Mainnet and the Road to 10-20 Billion Pi Read More »

JUST IN: Pi Network Mainnet Schedule Update: What You Need to Know

Cryptocurrency Pi Network has been a topic of growing interest in recent years. This digital currency, focused on inclusivity and user-friendliness, has gained the attention of communities worldwide. The latest news from the Pi Core Team is the highly anticipated Mainnet schedule update set for November.   Pi Network Mainnet: What Is It? The Mainnet

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