News

The price of Bitcoin has dropped by about 4% following the news by the central bank of Turkey to ban cryptocurrency payments starting from April 30.

The Akon City project by Senegalese-American rapper, Akon has been a topic of debate since it was first announced in 2018 in Senegal and most recently on April 5, in Uganda. While the futuristic-cryptocurrency themed city’s architecture portrays a city “too beautiful” to live in Senegal, the Senegalese could be happier with something else.

As it is the case with other businesses, the cryptocurrency industry is not exceptional. There are coins that registered massive gains during the month and there are those that never saw the light of the month. CoinIdol, a world blockchain news outlet, analyzed the market to define the 5 worst performers of March, 2021.

The month of March has seen many popular cryptocurrency gain much traction.  We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers of March 2021.

The major Venezuelan satellite television provider Simple TV has come out to announce that it will accept its subscription payment using a wide spectrum of cryptocurrencies starting with Bitcoin, Ethereum, Litecoin, Dash and Binance Coin. The news has triggered the prices of these coins to increase dramatically.

After the enormous price rally, the demand for Bitcoin seems to largely exceed its supply. This might bring the flagship cryptocurrency to a long-term bullish trend with new all-time highs.

Ripple Labs, the company behind XRP cryptocurrency, has been passing through a lot ever since a case was filed against it in the courts of law.

According to the official news, Soteria insurance function on PancakeSwap is officially started on January 19th and users can use SOTE tokens to purchase insurance, stake SOTE for rewards, or stake SOTE for claims evaluation.

Binance Uganda, an arm of the greater Binance Global has notified all its Ugandan clients on the new date of closure, which is now set for December 15. A Binance user from Uganda, Joel Odota, notified CoinIdol, a world blockchain news outlet, that he received a notification email from the company.