Nigeria’s securities regulator will take at least 10 months to determine whether to register a digital asset-related company. Nigeria, one of the world’s most curious nations about cryptocurrencies like Bitcoin BTC, is preparing new industry regulations for digital asset platforms. The Nigerian Securities and Exchange Commission (SEC) is considering allowing licensed digital exchanges to list tokens backed […]
The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States. The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more […]
The insights of Project Meridian would be used by the Bank of England in its real-time gross settlement system. The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a distributed ledger technology-powered settlements system between the institutions. The insights of the project will be used by the […]
BTC price dives 3% in minutes
BTC price returns to $29,000 with a cascade of long liquidations fueling fresh Bitcoin downside. Bitcoin abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sees “beautiful” retracement Data from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on […]
According to Zambia Tech Minister Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto. Cryptocurrency regulation tests aiming to help shape crypto laws in Zambia that simulate the real-world use of crypto are on track to finish by June. In an April 12 Reuters interview, Zambia’s innovation, science and […]
Bitcoin levels to watch
BTC price action continues to hold higher, with analysis also flagging the 200-week moving average potentially flipping to support. Bitcoin approached a key weekly close on March 19, with traders concerned about a retest of lower levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bulls must “step in” to protect $26,000 Data from Cointelegraph Markets Pro and TradingView showed […]