Bitcoin balances on top exchanges: What history tells us about future bull runs

Quick Take Of the three cryptocurrency exchanges holding the largest amounts of Bitcoin, Bitfinex has 320,000 BTC, Coinbase has 439,000 BTC, and Binance has 650,000 BTC. When considering the average withdrawal price across all exchanges, Bitfinex’s cost basis for BTC is way below the current market price at 10,000 USD and thus is often referred […] The post Bitcoin balances on top exchanges: What history tells us about future bull runs appeared first on CryptoSlate. дальше »

2023-7-31 19:00

Analyzing Bitcoin’s summer performance with a cautionary eye on September

Quick Take As July comes to a close, Bitcoin’s performance offers a nuanced view, closing the month with a slight dip of about 3.5%. This is the second month this year where Bitcoin has declined, but despite this, the cryptocurrency has seen a remarkable yearly increase of 77%, Moving into the final month of summer, […] The post Analyzing Bitcoin’s summer performance with a cautionary eye on September appeared first on CryptoSlate. дальше »

2023-7-31 19:00

Kenya: A CBDC Is Not Our Immediate Priority

The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering the fading allure of CBDCs globally and the availability of alternative payment solutions in the East African nation, the central bank has, in a press release on June 2, said implementing a digitized version of the […] дальше »

2023-6-3 21:39

Nigeria’s eNaira stablecoin becomes focus of new IMF report

Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a report released by the International Monetary Fund (IMF) eNaira to boost remittance The report, authored by economist Jack Ree, explained […] The post Nigeria’s eNaira stablecoin becomes focus of new IMF report appeared first on CryptoSlate. дальше »

2021-11-22 11:00

Data: Bitcoin (BTC) adoption grows 1,200% in Africa

The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally.  BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase in Bitcoin activities carried out by retail investors […] The post Data: Bitcoin (BTC) adoption grows 1,200% in Africa appeared first on CryptoSlate. дальше »

2021-9-15 16:00