Month: February 2023

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Crypto Price Today February 26th: Bitcoin below $24000 Mark Threatens Altcoins for Further Correction

  Crypto Price Today February 26th: Bitcoin, which is the largest cryptocurrency market cap by market capital, experienced a significant fall this week. The BTC price fell below $24000, triggering a correction phase for most major coins. However, traders interested…

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BRICS Nations ‘Coalescing Against the Dollar’ Major Banks Predict More Fed hikes, Bitcoin Records Large Blocks As Ordinals Gain Currency

  Despite the turmoil in traditional global finance, including BRICS nations pushing for de-dollarization, and major banks like Bank of America, Goldman Sachs and Bank of America predicting further interest rates hikes from U.S. Federal Reserve, creativity has found a…

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Solana Outage Fixed after Second Attempt. Will it Impact SOL price?

  After the second restart attempt, Solana’s blockchain is now back online. After a technical glitch caused a slowdown of over an hour on Saturday, the blockchain was able to resume normal operations. Engineers are still monitoring the performance of…

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Weekly Top Crypto News (Feb 20-Feb 26)

  This week, the bullish momentum in crypto markets seems to have stalled. Bitcoin failed to trade above $25.00 this week as expected. It seems like the community is waiting for a price response to see if the bulls are…

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South Africa is added to the FATF ‘Grey List” despite Crypto being a Financial Product

  A setback for South Africa: The Financial Action Task Force, an international financial watchdog, announced that it had added South Africa to its “greylist” on February 24. This could make it more difficult for South Africa’s banks to lend…

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Twitter’s ongoing financial difficulties lead to at least 50 layoffs

  Key Points: According To a report by The Information Twitter Inc laid off dozens employees in its eighth round job cuts since October 2022. This is the eighth round of job losses since Musk took control of the social…

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XRP Lawyer Demands That This Probe Leads To The End Of The US SEC Chair

  XRP News: The chair of the U.S. Securities and Exchange Commission, Gary Gensler, has been accused of being biased in his service to several crypto companies and individuals over time. The commission was also blamed for the recent market…

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BitMEX founder urges Bitcoin investment amid global crash warning

  Key Points: BitMEX founder Arthur Hayes, a crypto veteran, warns of a financial crash and recommends Bitcoin to hedge against inflation. He recommends diversifying with altcoins such as Ethereum, Solana and Cardano, while using leverage sparingly, and keeping cash…

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Big Changes in the Future: SWIFT ISO 20022 Upgrade Could Shake up Crypto

  SWIFT’s ISO 20022 upgrade will benefit crypto and banks by standardizing financial transactions and improving cross-border payments. It will also reduce money laundering risk. As ExchangeRates states, it will also increase the adoption and growth digital assets. The Society…