African News
Bitboy’s recent fight causes a swing in their memecoin’s prices
In an unexpected turn of events, the crypto world was abuzz with an unconventional showdown between two prominent figures: renowned crypto influencer Ben “BitBoy” Armstrong and the enigmatic memecoin developer, More Light. Their face-off, which took place at a crypto influencer “fight night” hosted by Karate Combat in Mexico on February 24, 2023, captured the…
Coinbase reveals the influence of crypto in the Texas elections
Coinbase’s Analysis: Texas Elections and the Importance of Candidates’ Stances on Cryptocurrency In a groundbreaking analysis conducted by Coinbase, a leading U.S.-based cryptocurrency exchange, the significant influence of presidential candidates’ positions on cryptocurrency in swaying political inclinations, particularly in Texas, has come to light. According to Coinbase’s report, Texas is home to a substantial number…
Are global house prices really making a recovery?
Global Housing Market: A Hopeful Turn in the Tide A New Chapter for Global House Prices The latest OECD data offers an encouraging sign, suggesting that the worst downturn in global housing market witnessed over the past decade might finally be taking a U-turn. The third quarter of 2023 recorded a 2.1% increase in nominal…
South Korea FSS and SEC discuss future of Bitcoin ETFs and NFTs
The Financial Supervisory Service (FSS) of South Korea and the United States Securities and Exchange Commission (SEC) are set to engage in important discussions regarding the regulatory future of bitcoin Exchange-Traded Funds (ETFs) and Non-Fungible Tokens (NFTs). This significant dialogue signifies a crucial step towards addressing the intricacies and complexities associated with integrating these digital…
Ripple CTO doubts AMMs will stabilize XRP prices soon
David Schwartz, the Chief Technology Officer of ripple, has shared his reservations about the short-term capacity of Automated Market Makers (AMMs) to bring about significant price stabilization for xrp on the xrp Ledger (XRPL). Although AMMs present attractive theoretical advantages, such as volatility harvesting and increased liquidity provision, Schwartz believes their impact on xrp’s price…
Shiba Inu community petitions for its own cryptocurrency ETF
The vibrant and ever-evolving Shiba Inu community, affectionately known as the Shib Army, has taken a significant step towards bringing cryptocurrency closer to traditional financial markets. The campaign for a dedicated exchange-traded fund (ETF) specifically tailored for Shiba Inu was initiated after an intriguing discussion in a recent article published in the Shib Magazine. This…
SEC targets Ripple for $2.6 billion fine in landmark case
The United States Securities and Exchange Commission (SEC) is currently engaged in a legal performance against ripple Labs Inc., a prominent player in the cryptocurrency industry. The SEC has accused ripple of selling approximately 4.9 billion xrp tokens as unregistered securities between 2013 and the end of Q3 2020, with a total value of $624…