African News
Berkshire Hathaway sparks yet another rumor of secret stock purchase
Title: Berkshire Hathaway’s Stealthy Financial Investments: A New Venture on the Horizon Amidst Cautious Market Conditions Warren Buffett’s conglomerate, Berkshire Hathaway, has been making headlines for its clandestine stock acquisitions in the financial sector. Over the past two quarters, the company has requested regulatory approval to keep these purchases under wraps, fueling speculation that Berkshire…
Nigeria’s central bank is convinced the President’s economic policies are working
Revitalizing Nigeria’s Economy: Central Bank’s Bold Moves and President Tinubu’s Policies Nigeria’s economic landscape is witnessing a renewed vigor, as evidenced by the Central Bank of Nigeria (CBN) and President Bola Tinubu’s innovative financial strategies. In this article, we delve deeper into these initiatives and their significant implications for Nigeria. Bond Auctions: A Global Investment…
Powell is in a bit of a dilemma over cutting interest rates
Jerome Powell: Steering the Federal Reserve Amidst Political Turmoil and Economic Uncertainties The role of Jerome Powell, the current Chair of the Federal Reserve (Fed), has placed him right at the epicenter of an intense political performance. With the weighty influence of an election year pressing down, the Democratic Party is advocating for interest rate…
Michael Saylor foresees a decade of Bitcoin boom with AI’s help
During a thought-provoking panel at the bitcoin Atlantis conference on March 1, 2023, MicroStrategy’s co-founder and executive chairman, Michael Saylor, expressed his optimistic views on the potential role of spot bitcoin exchange-traded funds (ETFs) and autonomous artificial intelligence (ai) in driving a substantial wave of institutional adoption for bitcoin. Saylor’s insights indicate that these developments…
BlackRock’s Ethereum Trust ETF faces another delay from SEC
The Securities and Exchange Commission (SEC) has once again delayed its decision on the proposed Ether Exchange-Traded Fund (ETF) application submitted by BlackRock, signaling another postponement in the evolving world of cryptocurrency ETFs. This latest development follows a similar action taken by the SEC in January when it postponed BlackRock’s application, following the approval of…
Tether overcomes scrutiny to secure $100 billion valuation
The Stablecoin Market: tether’s usdt Surpasses $100 Billion Market Capitalization In a significant milestone for the crypto market, tether’s usdt stablecoin briefly surpassed a market capitalization of $100 billion as reported by CoinGecko. This achievement highlights the growing importance of stablecoins within the digital asset space, especially against the backdrop of a broader crypto market…
Solana DEXs achieve record $11B trading milestone: Details
solana-Based Decentralized Exchanges (DEXs) Set New Records with Over $11.19 Billion in Trading Volume The past week has been nothing short of remarkable for solana-based decentralized exchanges (DEXs), with trading volumes reaching unprecedented heights and surpassing previous records. According to data from DeFi Llama, a total of $11.19 billion worth of digital asset trades were…
Bitcoin and Gold Surge as Investors Anticipate Interest Rate Cuts
bitcoin, the world’s largest cryptocurrency by market capitalization, has reached new heights, soaring to a peak of bitcoin/” rel=”nofollow noopener” target=”_blank”>$67,584, surpassing its previous highest level in over two years. This impressive rise has sparked excitement among investors, with many anticipating that bitcoin is on the cusp of breaking through its all-time high of bitcoin–price-forecast/”…
TeraWulf Expands Bitcoin Mining Capacity at Nautilus Facility
TeraWulf Inc., a prominent and forward-thinking player in the environmentally sustainable bitcoin mining sector, is set to undergo an expansive growth phase at its Nautilus facility located in Pennsylvania. This strategic expansion marks a pivotal moment in TeraWulf’s journey within the industry, underscoring its commitment to growth and innovation. Expansion plans for TeraWulf’s Nautilus facility…
Bitcoin hits ATH against the euro amid the recent price surge
bitcoin’s Groundbreaking Achievement: Surpassing All-Time High Against the Euro and Other Fiat Currencies In a remarkable turn of events, bitcoin (btc) has recently reached new heights, soaring above its previous all-time high against the Euro. This significant milestone was achieved on March 4th, 2024, when bitcoin touched an unprecedented multi-year peak of $65,000 or roughly…
Marathon mines largest-ever Bitcoin block on record
The Largest-Ever bitcoin Block Mining Event: A Groundbreaking Milestone in the Evolution of Blockchain Technology The recent mining of a record-breaking bitcoin block, accomplished through a collaboration between Marathon Digital’s Slipstream and OrdinalsBot, has sent waves through the cryptocurrency community. This monumental achievement, which took place on March 2nd, 2023, marks a significant milestone in…
Ethereum’s Dencun upgrade draws close as fees debate continues
The much-anticipated ethereum network upgrade, Dencun, scheduled for March 13, is set to bring about a transformative shift in the blockchain‘s landscape, even though it may not have garnered the same level of attention as previous upgrades such as the transition to proof-of-stake in 2022. According to industry experts like Karl Floersch, CEO of OP…
Coinbase challenges SEC ruling on insider trading allegations
Amidst the Ongoing Legal Battle Between Coinbase and the Securities and Exchange Commission (SEC): In a recent development in the protracted legal performance between leading cryptocurrency exchange Coinbase and the Securities and Exchange Commission (SEC), Coinbase’s Chief Legal Officer, Paul Grewal, has expressed skepticism regarding the value of a recent default judgment handed down by…
Bitcoin’s recent rally leaves 97% of wallets in profit
In the past few weeks, bitcoin (btc) has experienced a remarkable surge in value, leading to a substantial increase in unrealized gains for its holders. According to data from the analytics firm, IntoTheBlock, over 97% of bitcoin addresses are currently holding investments that are “in the money.” This figure represents the highest proportion since November…
If Polygon Can Reach $1, So Can Algotech! Says Leading Analysts While Talking About MATIC and ALGT
polygon (MATIC) Reaches Milestone with Recent Price Surge The dynamic landscape of cryptocurrencies continues to intrigue seasoned analysts and investors alike. Among the contenders making waves in this sector, polygon (MATIC) and Algotech (ALGT) have recently grabbed the spotlight with their impressive performances. Notably, polygon’s native token, MATIC, has reached a significant milestone by reclaiming…
How Europe’s stock markets are destabilizing the economy even more
Europe’s Stock Markets: A Paradoxical Scenario of Thriving Yet Depressed Economies Europe’s stock markets present an intriguing conundrum, with a superficial appearance of prosperity as they hit new peak values. However, upon closer inspection, a more concerning picture unfolds. Sales are declining, and the number of new public offers is scarce. contact entrepreneurs are looking…
Sophisticated Phishing Campaigns Target the FCC and Crypto Firms
Phishing, an insidious tactic employed by cybercriminals to trick individuals into revealing sensitive information under false pretenses, has reached new heights of sophistication. This latest campaign, named CryptoChameleon, has set its sights on Federal Communications Commission (FCC) employees and prominent entities within the cryptocurrency sector. The creators of this phishing kit have meticulously fabricated convincing…
Chainlink founder praises the trajectory of the crypto market
Sergey Nazarov’s Insight on the Unique Characteristics of the Current Cryptocurrency Market Cycle In a recent interview, Sergey Nazarov, the visionary founder of chainlink, shared his perspectives on the distinctive nature of the ongoing cryptocurrency market cycle. Nazarov emphasized that a large number of new investors are entering the market, which could potentially propel real–world…
Ethereum co-founder commends the growth of the crypto industry
Joe Lubin: Navigating the Future of Cryptocurrency and the Evolution of Decentralized Finance In the dynamic world of cryptocurrency, optimism abounds as market trends hint at a bullish surge reminiscent of past market upswings. This sense of positivity is shared by none other than Joe Lubin, co-founder of ethereum and CEO of ConsenSys, who believes…
Floki experiences a 100% surge after burn proposal agreement
In the Vibrant World of Cryptocurrency: Floki’s Dramatic 100% Price Surge The cryptocurrency market continues to astonish the world with its rapid pace, and among the latest sensations is Floki (FLOKI), a dog-themed token that has skyrocketed by over 100% within the last 24 hours. This significant increase can be attributed to a community-driven proposal…