The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. Although Gawaxab did acknowledge that cryptocurrencies […]

Bitcoin (BTC/USD) pushed towards the 35000 figure early in the Asian session as traders sought to add to recent gains.   The 32825 level remains very technically significant, representing the 50% retracement of the long-term historical range from 3858 to 61788.45.   Even though BTC/USD has traded above this very significant technical level for quite some time, […]

Bitcoin (BTC/USD) pushed towards the 35000 figure early in the Asian session as traders sought to add to recent gains.   The 32825 level remains very technically significant, representing the 50% retracement of the long-term historical range from 3858 to 61788.45.   Even though BTC/USD has traded above this very significant technical level for quite some time, […]

Ethereum (ETH/USD) sought to add to recent gains early in the Asian session as traders continue to eye the 2500 figure.  The pair recently traded as low as the 1718.41 area, representing a test of the 38.2% retracement of the appreciating range from 1206.05 to 2041.42.  Also, recent buying pressure was also seen around the […]

Ethereum (ETH/USD) sought to add to recent gains early in the Asian session as traders continue to eye the 2500 figure.  The pair recently traded as low as the 1718.41 area, representing a test of the 38.2% retracement of the appreciating range from 1206.05 to 2041.42.  Also, recent buying pressure was also seen around the […]

Governments around the world are pouring more resources into CBDC research and exploratory use cases. Among the major economies, China appears to be pulling ahead and has plans to implement digital-yuan usage during the 2022 Winter Olympics in Beijing. The quest to understand the opportunities and challenges of a central bank digital currency, or CBDC, […]

A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s offering were false and misleading,” the lawsuit alleges. Class Action Lawsuit Against Coinbase Scott+Scott Attorneys at Law LLP announced Friday […]

Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in May last year. In addition, five countries have fully launched their own digital currencies. 81 Central Banks Explore Launching Own Digital Currencies The Atlantic Council’s Geoeconomics Center unveiled a new […]

Artwork inspired by Bitcoin carries an essence of beauty created by the technological revolution at hand. Rule VIII: Add Bitcoin Artwork to Your Life to Make It As Beautiful As Possible A REIMAGINATION OF “BEYOND ORDER” BY JORDAN PETERSON THROUGH THE LENS OF BITCOIN. Part 1Part 2Part 3Part 4Part 5Part 6Part 7 Preface This writing […]

With the announcement of Aave Pro, a DeFi platform exclusively for institutional investors, the big boys may finally be getting ready to play with blockchain. Cryptocurrencies have been vying for the attention of large institutional investors for years and they’re finally getting the attention they wanted. Blockchain networks and their consensus mechanisms never made sense […]