The “Bitcoin Bubble Index” strongly suggests that another local BTC price high will occur this year. According to new data, Bitcoin (BTC) is in the midst of a “double bubble” and will reach two price peaks this year. BTC Price Gears Up for the Second Peak The question of whether Bitcoin’s 2021 bull run will…
Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief, Micheal Kaase Aondoakaa, filed the…
This Year, The Second Largest US Mortgage Lender will Accept Cryptocurrency Payments
United Wholesale Mortgage CEO Mat Ishbia announced plans to accept cryptocurrency payments starting with Bitcoin this year during a conference call about the company’s second-quarter earnings. The Second Largest US Mortgage Lender will accept Cryptocurrency Payments United Wholesale Mortgage (UWM), the second-largest mortgage lender in the United States, plans to accept cryptocurrency payments starting with…
Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited…
Daily Crypto News- Facebook’s Crypto Wallet Is Ready for the Market
Facebook’s Crypto Wallet Is Ready for the Market Facebook has been working on crypto for years. Now, it’s getting ready to release its stable coin wallet, Novi. Facebook Diem co-creator David Marcus announced today that Novi, Facebook’s crypto wallet, “is ready to come to market.” Novi (originally Calibra) finds itself limping into a very different…
iBG: The Insured (POSI) DeFi Token Begins Its Highly Anticipated Yield Farming
PRESS RELEASE. Singapore – Following the much-awaited launch of the world’s first and only insured (POSI) DeFi token on PancakeSwap, iBG users can now expect the roll-out of yield farming, which will give every member of the community more opportunities at maintaining liquidity and scaling their wealth. Decentralized Finance (DeFi) has created a surge of…