• Ripple has appointed a new President, Monica Long. • Ripple’s case with the SEC is nearing its conclusion, with CEO Brad Garlinghouse expecting a decision by end of first half 2023 or end of year at latest. • XRP’s current price leaves it with mixed set of indicators, making it hard to predict if … Read more
• Michael Novogratz, founder of Galaxy Digital Holdings, expressed his support for Binance and CEO Changpeng Zhao (CZ) • He noted that the world’s largest crypto exchange by trading volume has a “giant percentage of liquidity” and a loyal retail following • Novogratz believes that the success of Binance would help bring more institutions and … Read more
• Bitcoin and Ethereum prices have been on the rise for the past few months, and investors are wondering if another 5% increase is possible today. • Cryptocurrency markets had a positive start on January 30th with global crypto market capitalization growing by 1.77%. • In Nigeria, the price of 1 BTC costs 17.8 million … Read more
• Bitcoin reached an all-time high above $23,000 in January 2021, pushing the total cryptocurrency market capitalization above $1 billion. • The bullish momentum was driven by positive CPI data, indicating a decrease in overall inflation, and a weakening US Dollar Index. • Analysts are optimistic about a possible new bull market, as Bitcoin prices … Read more
• Brett Harrison, former president of FTX US, revealed he left the crypto exchange due to a deteriorating relationship with Sam Bankman-Fried and his deputies over management practices. • Harrison detailed that SBF asked him to join FTX US “casually over text” in late March 2021 and his first few months at FTX US were … Read more
• LG Electronics is increasing their metaverse activities to bring Web3 and metaverse experiences to owners of its smart TVs. • The company is teaming up with the metaverse operator Oorbit to offer virtual concerts and AI-powered multiplayer games on the Auxworld platform. • LG is also allowing Blade Wallet users to buy and sell … Read more
• The Central Bank of the Republic of Turkey (CBRT) has successfully carried out the first trial of its CBDC, the Digital Turkish Lira. • Many countries are exploring the use of central bank digital currencies, with China, Hong Kong and Mainland China set to launch the first cross-border pilot project and Japan’s central bank … Read more
• Terra Luna Classic (LUNC) is an underperformer, down 5.5% in the last 24 hours and 20% from its weekly highs. • Its recent pullback suggests a near-term technical outlook may not be too great, but there is some reason to be optimistic and there may be a short-term rally back to its recent highs. … Read more
• Michael Saylor, the founder and former CEO of software firm MicroStrategy, recently purchased approximately 2,395 bitcoins for approximately $42.8 million. • The firm also sold some of its crypto assets over the past week for cash proceeds of approximately $11.8 million. • Following these transactions, MicroStrategy’s bitcoin holdings have increased from about 130,000 bitcoins … Read more
• Galaxy Digital, Michael Novogratz’s crypto-focused financial services firm, has bought Argo’s Helios Bitcoin (BTC) mining facility and provided an additional $35 million loan to help with restructuring efforts. • The cash proceeds from the sale will be used by Argo to repay existing debts and prepayment interest, and other fees of approximately $84 million … Read more