Digital currency

60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
Jul 16, 2021 at 10:02
News
60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
The European Central Bank has just announced that it has reached the investigative stage of its digital euro project. If successful, the European Union would be the largest economic bloc to implement a Central Bank Digital Currency (CBDC) project. The progress made by the European Central Bank is a step towards a "CBDC era".
Cryptocurrency Investment in India Grow up Nearly 20% Amid Regulatory Hostility
Jun 30, 2021 at 10:36
News
Cryptocurrency Investment in India Grow up Nearly 20% Amid Regulatory Hostility
India is leading the way in cryptocurrency investment over the past 12 months, despite tough regulatory threats in the country. Investment in digital currencies began to rise in the middle of last year (2020) as the Kovid 19 pandemic spread at a rapid pace.
The Number of Cryptocurrency Users Increases Proportionally to Its Price Fall
Jun 27, 2021 at 09:22
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The Number of Cryptocurrency Users Increases Proportionally to Its Price Fall
Cryptocurrency market experiences a downtrend. On the other hand, the number of cryptocurrency users is growing.
Cases of Cryptocurrency Exchange Founders Running off with Investors' Money on the Rise in Africa
Jun 26, 2021 at 09:24
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Cases of Cryptocurrency Exchange Founders Running off with Investors' Money on the Rise in Africa
It is becoming a norm in Africa for founders of cryptocurrency exchanges to lure investors to store and multiply their fortune in bitcoin and other forms of digital currencies through their exchanges and then suddenly run away with all the money.
Things Are Heating up: Can Nigeria Beat China in the Release of the First CBDC?
Jun 23, 2021 at 11:00
News
Things Are Heating up: Can Nigeria Beat China in the Release of the First CBDC?
Despite Africa being the poorest continent on earth with most people living below the poverty line, the continent is out to prove the world wrong when it comes to digital financial technology. The transaction volume of cryptocurrencies is growing steadily, and Nigeria is leading Central Bank Digital Currency (CBDC) innovation in Africa.
Elon Musk is Responsible for Another Bitcoin Trend Reversal. Is it a Pump-and-Dump scheme?
Jun 18, 2021 at 10:54
News
Elon Musk is Responsible for Another Bitcoin Trend Reversal. Is it a Pump-and-Dump scheme?
As the month-long skyrocketing of the digital currency market continues, Elon Musk the CEO of Tesla and SpaceX has come out to refute claims that he is a person behind the current bitcoin pump-and-dump scheme in early 2021.
Cryptocurrency Investors Remain Optimistic Despite Market Downturn
Jun 17, 2021 at 08:32
News
Cryptocurrency Investors Remain Optimistic Despite Market Downturn
The cryptocurrency market has lost over $849 billion in the past month but this has not threatened some of the investors. About 81% of the cryptocurrency investors have remained more sanguine despite this dramatic market downtrend.
Cryptocurrency Scams are on a High Rise; A 1000% Increase Registered, Billions Lost
Jun 16, 2021 at 08:19
News
Cryptocurrency Scams are on a High Rise; A 1000% Increase Registered, Billions Lost
There has been a significant increase in the use of digital currencies ever since Covid-19 pandemic started. However, scammers have taken advantage of the pandemic to scam cryptocurrency users, investors and other innocent people. Last week alone, an investor in the UK lost more than $283,200 through a cryptocurrency scam.
Cryptocurrency Market Drops 4% in 7 Days as Bitcoin Surges 8%
Jun 15, 2021 at 08:28
News
Cryptocurrency Market Drops 4% in 7 Days as Bitcoin Surges 8%
In the past 7 days, the entire digital currency market managed to dip from $1.662 trillion to $1.603T, indicating a sharp fall of about 4.06%. The 7d prices of all the top 5 out of 50 tokens in the world are trading in the red. Nevertheless, the largest coin by market cap managed to surge by about 8% in one week.
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