Author name: Peter

Nigerian Payments Fintech Startup Cleva Secures $1.5 Million in Pre-Seed Funding

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 […]

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The Arizona State Senate Considers Proposal to Include Bitcoin ETFs in State Retirement Systems

The Arizona State Senate is currently reviewing a proposal that encourages the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the possibility of including Bitcoin ETFs in their investment portfolios. Bill Progression and Current Status The bill, which passed the Senate's Third Reading on February 22 with a

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Ethiopia’s Potential as a Bitcoin Mining Hub: A Transformative Opportunity

Ethiopia's Surplus Electricity and Bitcoin Mining Ethiopia is emerging as Africa's most promising bitcoin mining hub, poised to claim a significant share of the global hashrate as the hum of miners reverberates across the globe. Recent attention from a Bloomberg article and the announcement of a bitcoin mining investment by the Ethiopian Government signals a

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Australian Regulator Under Fire for Failing to Warn Investors About Crypto Investment Scheme

Assistant Treasurer Questions ASIC's Failure to Issue Consumer Warning The Australian government's assistant treasurer, Stephen Jones, has expressed his concern over the failure of the country's securities regulator to issue a consumer warning about the collapsed crypto investment firm, Hyperverse. Jones plans to query the Australian Securities and Investments Commission (ASIC) about why it did

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Is it Time to Sell Bitcoin ETFs? Veteran Trader Peter Brandt Questions BTC Maximalists’ Commitment

Introduction Veteran trader Peter Brandt has raised concerns about the current hype surrounding bitcoin exchange-traded funds (ETFs). According to Brandt, the growing interest from the general public may indicate that it is time for experienced traders to sell their holdings. He also sees the expected approval of spot bitcoin ETFs as a typical "buy the

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SEC Approves 11 Bitcoin ETFs, But Bitcoin’s Price Remains Stagnant

A Landmark Decision by the SEC In a significant turn of events, the U.S. Securities and Exchange Commission (SEC) has given its approval to 11 spot bitcoin exchange-traded funds (ETFs). This decision has been long-awaited by cryptocurrency enthusiasts, as it marks a milestone in the regulatory landscape for digital assets. However, despite this historic regulatory

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Balaji Srinivasan Equates Bitcoin ETF Move to Reversal of FDR’s Historic Gold Seizure

Srinivasan Believes Bitcoin ETF Approval Reflects Major Financial Paradigm Shift The recent approval of U.S. spot bitcoin exchange-traded funds (ETFs) signifies a significant shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, according to Balaji Srinivasan, a distinguished figure in technology and the crypto industry. Srinivasan compares this

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