Over the last 24 hours, Binance Coin (BNB), the proprietary token of the Binance cryptocurrency exchange, has witnessed a notable surge, climbing by more than 7%. This price surge coincides with an announcement from Binance, revealing plans for the substantial burning of BUSD and TUSD B-tokens. As part of this burning process, a proportionate amount…

South Africa’s Digital Payments Agenda: The annual budget review of South Africa unveils the treasury’s ambitious plan to promote the adoption of digital payments, emphasizing their potential to uplift marginalized groups and enhance overall public financial management. Recognizing the importance of structural reforms, the government aims to leverage digital payment technologies to streamline financial processes…

Bitcoin analyst mulls timing of 2024 “pre-halving retrace” Bitcoin has remained confined within a narrow trading range for over a week, with the $52,000 level serving as a notable resistance zone. While this consolidation phase has dampened sentiment and impacted the performance of alternative cryptocurrencies, experienced market analysts maintain a positive outlook. Drawing insights from…

In a recent development, UK Prime Minister Boris Johnson has become entangled in a media controversy involving former Fox News host Tucker Carlson. The dispute centers on an alleged request by Johnson for either Bitcoin or a million-dollar fee in exchange for an interview, an assertion fiercely refuted by the Prime Minister’s team. Carlson, recognized…

Yesterday, Bitcoin experienced a notable surge, climbing by several hundred dollars and reaching a milestone of $53,000, a level not seen in over two years. However, this achievement was short-lived as Bitcoin faced a sharp rejection at this crucial point, resulting in a significant pullback. In tandem with Bitcoin’s volatile movement, many altcoins also witnessed…

The Tether Treasury has recently generated an additional 1 billion USDT, a development highlighted by the blockchain tracking service Whale Alert. This event unfolds amidst a period of heightened volatility in Bitcoin, the leading cryptocurrency by market capitalization, notably around the $53,000 resistance threshold. This particular price level has emerged as a pivotal juncture influencing…

Bitcoin could surge towards $55k soon In the aftermath of its recent surge, the cryptocurrency market has entered a phase of consolidation, with Bitcoin exhibiting relatively stable prices over the past several days. Despite this period of stagnation, there is a palpable sense of anticipation among investors, with indications suggesting a potential upward movement in…

MicroStrategy’s CEO, Michael Saylor, recently expressed in an interview with Bloomberg that the company’s commitment to purchasing Bitcoin will be ongoing, describing it as their “exit strategy.” Saylor emphasized Bitcoin’s superiority over traditional assets such as gold, the S&P 500, and real estate, despite their larger market capitalizations. Notably, MicroStrategy was the pioneering publicly traded…

Advocating for Crypto-Friendly Leadership: In a recent interview with Bloomberg Crypto, Ripple CEO Brad Garlinghouse underscored the importance of promoting political leaders who embrace constructive regulation and engagement with cryptocurrencies. Garlinghouse revealed that Ripple, alongside Andreessen Horowitz and Coinbase, has committed $25 million to support candidates advocating for such policies. What specific strategies are being…