The chief developer of the cryptocurrency block explorer Blockchair, Nikita Zhavoronkov, has voiced his worries on the declining security budget of Bitcoin. Zhavoronkov said that in order to counteract the security impact of the most recent reduction, the network must endure persistently high costs. Fees have restored to normal after Runes were issued after the … Read more
Four fintech companies have been instructed by the Central Bank of Nigeria to stop opening new accounts, citing the possibility that bitcoin dealers may utilize them. A representative of an impacted fintech company has linked the Central Bank’s instruction to an ongoing assessment of the Know Your Customer (KYC) protocols these companies have put in … Read more
Acinq said on Friday, April 26, that starting on May 3, 2024, users of its Lightning Network bitcoin wallet, Phoenix, will no longer be able to access it. This announcement came soon after the Samourai Wallet indictment and what appears to be a concerted campaign by the US government to undermine non-custodial alternatives and financial … Read more
While bitcoin has performed steadily over the last ninety days, the price rise of 19 other cryptocurrencies has surpassed that of the top digital asset. But since early April, the Altcoin Season Index—which compares these cryptocurrencies’ performance to bitcoin—has fallen from 59 to 39, indicating that an altcoin season is unlikely to occur very soon. … Read more
A new ad for the upcoming Lakers NBA playoff game in Los Angeles was released on Friday by the bitcoin trading platform crypto.com. Additionally, hip-hop legend Marshall Mathers, better known as Eminem, featured the advertisement on the social media platform X. Before the NBA Playoffs, Marshall Mathers amplifies the Crypto.com advertisement. A new ad showcasing … Read more
According to a recent study, the combined short interest in stocks of fifteen bitcoin mining businesses is getting close to $2 billion. About 663 blocks left until the next reward halving, which corresponds with a fall in the performance of these mining stocks from their earlier year stronger start. Short Bets on Mining Stocks Are … Read more
On April 15, 2024, ethereum trades in a broad range between $2,991 and $3,266. Important technical indicators and chart patterns point to a possible but subtle change in market sentiment. Although there has been a bearish trend for the last week, oscillator and moving average signals suggest that there may be a bullish turnaround coming. … Read more
On April 15, 2024, the price of bitcoin shows a mixed picture of consolidation and faint signs of recovery, indicating a pivotal point for possible bullish or negative developments. Bitcoin The 1-hour chart shows that the market is undecided right now, but the 4-hour and daily charts point to underlying moves that might affect how … Read more
The Nigerian Naira has recovered since March, after months of persistent depreciation, and is now the best-performing fiat currency in April. The naira’s momentum can only be sustained, according to Goldman Sachs analyst Andrew Matheny, if officials continue on their current path. Preserving the Naira’s Momentum The Nigerian naira, which gained 12% vs the US … Read more
Anza, a group of developers dedicated to the Solana blockchain, has created a patch meant to lessen the network’s current congestion. Stake-weighted quality of service, or SWQOS, is a feature of the new Solana version that is currently being tested on the testnet. It gives priority to transactions from validators of greater quality. In an … Read more