Author name: Peter

All Eyes on the Federal Reserve This year, mirroring last year's speculation, market observers are eagerly anticipating decisions from the U.S. Federal Reserve regarding the federal funds rate. The focus is particularly on potential rate cuts in the coming months. Ellen Zentner, Morgan Stanley's lead economist in the U.S., predicts rate reductions, but cautions that […]

Bitcoin Surges on Potential U.S. Bitcoin ETF Launch Bitcoin broke through the $47K mark on Monday, driven by increasing anticipation surrounding the possible introduction of a U.S. spot bitcoin exchange-traded fund (ETF). The leading cryptocurrency started the day at $43,247 per unit and reached a peak of $47,281 by 2:10 p.m. Eastern Time (ET). Market

Introduction Amidst a national surge in crypto trading, the South Korean Financial Services Commission (FSC) is proposing a significant change to their credit finance laws. The proposed amendment would ban the use of credit cards in cryptocurrency transactions. This move aims to curb the illegal outflow of domestic funds and speculative activities associated with buying

An All-in-One Solution for Crypto Enthusiasts The Crypto App, launched in 2017, is a powerful and comprehensive cryptocurrency tracking, analytics, and content platform. It combines the features of a portfolio tracker, content indexer, alert system, and data aggregator, making it an indispensable tool for crypto traders and holders. Access to Data from Major Blockchains The

The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding led by Tunde Akinnuwa, co-founder of Nigerian payments company Duplo. The funds raised will be used to launch a marketplace that rewards users for their purchases. Expanding Merchant Network and Customer Base Koree announced that it had raised $200,000 in pre-seed funding to expand

The Significance of Coinbase as Bitcoin Spot ETF Custodian As the approval of the ETF draws near, questions arise about the responsibility of the custodian and the security of our coins. While Twitter is abuzz with self-proclaimed ETF experts and news about punctuation changes in applications, Coinbase has quietly positioned itself as a key player

Introduction The city of Prospera in Honduras has recently taken a significant step towards the development of a pure bitcoin-based economy. On January 5, Prospera announced its decision to adopt bitcoin as a unit of account, allowing for prices and taxes to be denominated and paid using the digital currency. Financial Freedom and Monetary Freedom

Introduction The U.S. Securities and Exchange Commission (SEC) made headlines on Tuesday when its social media account, known as the X account, announced the approval of spot bitcoin exchange-traded funds (ETFs). However, SEC Chairman Gary Gensler quickly clarified that the post was unauthorized and that the account had been compromised. This unexpected turn of events

Introduction Bitcoin's value experienced a turbulent Tuesday, largely due to a rogue post from the U.S. Securities and Exchange Commission's hijacked X account, mistakenly proclaiming the green light for all spot bitcoin exchange-traded funds (ETFs). This erroneous message from the official Twitter of the U.S. Securities and Exchange Commission (SEC) sparked a rapid increase in

Cleva Founders 'Uniquely Qualified' Nigerian fintech startup Cleva has raised $1.5 million in a pre-seed funding round backed by the U.S. technology startup accelerator Y Combinator. The early-stage venture capital firm, 1984 Ventures, led the round with the participation of The Raba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors. According to a recent