Author name: Peter

Introduction Vella Finance, a Nigerian fintech startup, has recently announced its decision to discontinue its crypto-related services and instead concentrate solely on providing banking services to small and medium-sized enterprises (SMEs). Co-founder Tolu Adedayo cited business reasons for this strategic shift. Vella Finance's Decision to Drop Crypto Services According to a report by Techcabal, Vella […]

Self-Directed Gold IRAs are an excellent way to make investments in gold without having to deal problems associated with purchasing physical bullion. This type of account permits investors to buy gold from the government directly, and then store it in their name. Although many prefer holding physically gold in their possession, everyone can access it.

South Korean Traders Favor High-Risk Altcoins A recent report suggests that South Korean cryptocurrency traders are more interested in investing in high-risk altcoins compared to their American counterparts. The study indicates that the trading volumes of major cryptocurrencies like bitcoin and ethereum on the largest Korean exchange are significantly smaller than those on the leading

Chainlink (LINK) Soars by 7% in a Single Day Chainlink (LINK) experienced significant gains over the weekend, with the cryptocurrency rising by as much as 7% in a single day. During today's session, LINK/USD reached a high of $11.59, bouncing back from a low of $10.80 recorded the previous day. The recent surge brings the

Introduction In a captivating tale of persistence and financial prudence, a Reddit user by the name of u/Gorillahair2000 embarked on a unique investment experiment to showcase the potential rewards of consistently investing small amounts into Bitcoin. This experiment aimed to determine whether allocating just $5 per day into Bitcoin was a worthwhile endeavor. Over the

The Decrease in Bitcoin Holdings on Exchanges Over the past 90 days, approximately 60,000 bitcoins, valued at just over $2 billion, have been withdrawn from various trading platforms. This withdrawal has significantly impacted the liquidity in the market, according to a recent report from Falconx. Currently, the number of bitcoins held on centralized exchanges is

Solana (SOL) Solana (SOL) experienced a significant surge in the market on Monday, as the cryptocurrency surpassed the $35.00 level. After reaching a low of $32.29 on Sunday, SOL/USD climbed to an intraday high of $35.17 at the beginning of the week. This marks the highest point that the cryptocurrency has reached since November 6

FDUSD Emerges as Dark Horse in Stablecoin Arena In the world of dollar-pegged digital tokens, the once-obscure stablecoin known as FDUSD has experienced a significant rise. Since August 4, 2023, its supply has grown by 62%, from 260 million to its current standing at 423 million as of October 28, 2023. Surge in Supply and

S&P 500 in Correction Territory The S&P 500, a key U.S. equities index, has experienced a decline of just over 10% from its peak on July 31. This drop is due to growing concerns that the U.S. economy is heading towards a recession. In fact, experts believe that this is the first correction the market

Introduction According to the latest statistics, several countries are grappling with inflation rates that have surpassed 40% as of October 2023. In fact, four nations are currently enduring inflation rates exceeding 100%. This alarming trend, as revealed by data from the International Monetary Fund's World Economic Outlook, paints a bleak picture for these struggling economies.