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Temitope Olatunji



Articles by Temitope Olatunji

UK Government Aims for New Crypto Regulation Milestone within 6 Months

7 days ago

[unable to retrieve full-text content]CoinspeakerUK Government Aims for New Crypto Regulation Milestone within 6 Months
The government has expressed the need to create an environment that encourages investment, innovation, and scalability for crypto entities.
UK Government Aims for New Crypto Regulation Milestone within 6 Months

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Crypto Tax Delay Proposed in South Korea Ahead of Elections

8 days ago

[unable to retrieve full-text content]CoinspeakerCrypto Tax Delay Proposed in South Korea Ahead of Elections
The ruling People Power Party of Korea believe that the establishment of regulations for cryptocurrencies is more important than implementing immediate taxation.
Crypto Tax Delay Proposed in South Korea Ahead of Elections

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“Divisible NFT” Newcomer DN404 Promises Improved Features Over ERC-404

14 days ago

[unable to retrieve full-text content]Coinspeaker“Divisible NFT” Newcomer DN404 Promises Improved Features Over ERC-404
At its core, DN404 aims to enable seamless fractionalized trading of NFTs. This means that portions of NFTs can be easily traded across different exchanges.
“Divisible NFT” Newcomer DN404 Promises Improved Features Over ERC-404

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GCash Partners with Axie Infinity and Ronin to Enhance Accessibility to Web3 Gaming

22 days ago

[unable to retrieve full-text content]CoinspeakerGCash Partners with Axie Infinity and Ronin to Enhance Accessibility to Web3 Gaming
By partnering with Axie Infinity and its Ronin sidechain network, GCash seeks to provide Filipino web3 gamers with a practical and regulated alternative.
GCash Partners with Axie Infinity and Ronin to Enhance Accessibility to Web3 Gaming

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Celsius Mining Assets Find New Life as Ionic Digital Gears Up for Takeover and IPO

25 days ago

[unable to retrieve full-text content]CoinspeakerCelsius Mining Assets Find New Life as Ionic Digital Gears Up for Takeover and IPO
By acquiring all of Celsius mining equipment and infrastructure, Ionic Digital believes it can quickly reach its goal of total mining power of 12.7 exahash per second (EH/s) later this year.
Celsius Mining Assets Find New Life as Ionic Digital Gears Up for Takeover and IPO

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Solana Bulls Back in Charge: Increased Network Activities, JUP Token Launch, Whales Drive Momentum

27 days ago

[unable to retrieve full-text content]CoinspeakerSolana Bulls Back in Charge: Increased Network Activities, JUP Token Launch, Whales Drive Momentum
SOL price has started moving upwards after hitting a low point on January 23rd at around $79. It then rallied to $104, but it is currently experiencing some declines.
Solana Bulls Back in Charge: Increased Network Activities, JUP Token Launch, Whales Drive Momentum

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Dencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success

27 days ago

[unable to retrieve full-text content]CoinspeakerDencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success
By introducing blob transactions, proto-danksharding enables more efficient data storage. This subsequently lowers the overall costs for users when submitting transactions on Ethereum.
Dencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success

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Robert F. Kennedy Jr and Donald Trump Take Similar Position about CBDC in US

29 days ago

[unable to retrieve full-text content]CoinspeakerRobert F. Kennedy Jr and Donald Trump Take Similar Position about CBDC in US
Kennedy expressed his concerns about the potential infringement on civil liberties that comes with the ability to monitor every transaction.
Robert F. Kennedy Jr and Donald Trump Take Similar Position about CBDC in US

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MeWe and Amplica Labs Achieve Historic 500K User Migration to Web3

January 16, 2024

The 500,000 migrated MeWe users now have personal control over their identities, data, assets, and online experiences.

MeWe, a social media platform, has partnered with Amplica Labs to move 500,000 active users to Web3 technologies. This transition uses Amplica’s Frequency blockchain, which gives users more control and independence over their social networking experiences through blockchain features.
MeWe is an alternative to ad-driven networks that focus on people and communities. By working with Amplica Labs on decentralized solutions, the social network wants to expand user rights and permissions, freeing them from the control of big tech companies that dominate other platforms.

The Chairman and CEO of MeWe, Jeffrey Edell, in commenting about the feat, said:
“Enabling half a

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Solana Mobile Preparing Lower-Cost Crypto Smartphone Successor to Saga

January 16, 2024

Solana Mobile plans to significantly reduce the price to make the smartphone more competitive and affordable compared to Saga.

Solana Mobile made a big impact last year when it introduced Saga, a smartphone designed specifically for cryptocurrency enthusiasts. The phone stood out because it had a built-in hardware wallet and supported decentralized apps. It was a success, and now Solana Mobile is working on a new, more affordable smartphone to attract a wider audience.
According to a report by Coindesk, the upcoming Solana phone will have the same important features that made Saga popular among crypto users. The new phone will have a built-in Solana wallet, allowing users to securely store the SOL token, other cryptocurrencies, and NFTs. It will also come with a special app store that

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Hive Digital Secures $22M in Funding for Bitcoin Mining Operations

December 29, 2023

On December 28, the company announced that its fleet of 3,750 Bitcoin ASIC miners, purchased last year, had already generated profits due to the surge in the coin’s price.

Canadian Bitcoin mining company Hive Digital has recently concluded a successful $22 million private financing round. The company achieved this milestone through the sale of 5.75 million special warrants at a price of $3.87 each, resulting in total proceeds of $22 million. This financing round will enable the company  to support the growth of its Bitcoin mining operations, as well as provide working capital for general corporate purposes.
Bitcoin mining plays a crucial role in supporting the overall BTC ecosystem. It ensures the integrity of the blockchain and validates transactions by solving complex mathematical

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Vitalik Buterin Seeks to Simplify Ethereum’s Proof-of-Stake Model for Greater Efficiency, Proposes Three Changes

December 28, 2023

Buterin emphasized that these proposals provide credible ways to limit the number of signatures without compromising security or showing favoritism.

Ethereum wants to make its proof-of-stake model simpler for better efficiency. Right now, validating transactions on the Ethereum blockchain is done by a large number of validator nodes, around 895,000 of them, and they generate about 28,000 signatures in each time slot. This huge number of signatures puts a strain on the network and makes it difficult to make improvements.
As Vitalik Buterin, Ethereum co-founder, pointed out, having such a large number of validators creates technical challenges. The large volume of signatures makes it complicated to make changes like view merge, which is when multiple signatures are combined to make block

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South Korea Takes Major Step towards Cryptocurrency Transparency: 5,800 Officials to Disclose Holdings in 2024

December 27, 2023

By compelling influential political leaders and bureaucrats to share their virtual currency investments, South Korea hopes to heighten transparency surrounding public-sector finances.

South Korea is set to begin disclosing the cryptocurrency holdings of top public officials beginning in 2024, marking a monumental push toward transparency and accountability in government services. According to an announcement from the Ministry of Personnel Management, approximately 5,800 elected officials and government employees will need to report their crypto assets next year.
The disclosures are part of South Korea’s public ethics and transparency initiative system, which tracks property registration and reviews for public service members. The requirements come on the heels of new legislation passed

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BTC Price at $43K, ‘Smart Money’ Bets Big on Bitcoin Ahead of Potential BTC ETF Approval

December 27, 2023

The “smart money index”, which measures the net bullish bets by institutional players through Chicago Mercantile Exchange (CME) Bitcoin futures, has reached an all-time high of over 13,700 in recent days.

Large investors have taken large long positions in the Bitcoin (BTC) futures market, indicating that institutional capital is flooding into the coin in anticipation of the SEC potentially approving a spot Bitcoin exchange-traded fund (ETF). Meanwhile, Bitcoin is trading today at around $43,000.
According to data from MacroMicro, a leading derivatives analytics firm in Taiwan, the “smart money index”, which measures the net bullish bets by institutional players through Chicago Mercantile Exchange (CME) Bitcoin futures, has reached an all-time high of over 13,700 in recent days. This

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Binance Coin Up 11%: BNB Price Targets $500 as Crucial Resistance Breaks, What’s Behind This Surge?

December 27, 2023

The Binance Smart Chain has also witnessed a 7% increase in the number of addresses engaging with its dApps over the past 30 days.

On December 26, the native cryptocurrency of the Binance Smart Chain registered an 11% increase in price, reaching its highest value since June. This pattern reflects a continuation of the trend that began last week when the price surged from $233 to $277, an 18% increase, before closing around $264. Although the price is currently experiencing a minor retracement from yesterday’s gains, the overall trend appears poised for further bullish moves, with BNB having increased by over 14% this week.
The sudden price increase has surprised many observers, considering the challenges currently faced by Binance. The company’s founder and former CEO Changpeng Zhao

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With Bitcoin Spot ETF Approvals, Halving and Incoming Upgrades, What Should You Expect from BTC in 2024?

December 23, 2023

The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher.

After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the flagship cryptocurrency can sustain its epic run in 2024. Key factors stacking up in Bitcoin’s favor for the coming year have analysts extremely bullish on its prospects. From the possibility of the first Bitcoin spot ETF to the scheduled mining reward halving, 2024 could be shaping up to be BTC’s biggest year yet.
Arguably the most impactful potential development is the increased likelihood of a Bitcoin spot ETF receiving approval from the SEC. This would allow direct investment in the coin

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BlackRock Bitcoin ETF Potential Approval Faces Questions, SEC Could Make Decision by January 10

December 22, 2023

In its initial filing, BlackRock mentioned that the Prime Execution Agent would obtain BTC to support the ETF’s shares on a 1-to-1 ratio. Although the company didn’t disclose the name of the chosen agent, it did identify Coinbase as the proposed custodian. 

BlackRock Inc (NYSE: BLK), the world’s largest asset manager, is putting the final touches to its plan for a Bitcoin exchange-traded fund (ETF). As part of the process, the company intends to use a third-party broker, which it regards as a “Prime Execution Agent” to handle BTC purchases and sales on its behalf.
This approach, however, has raised concerns about obtaining regulatory approval. According to ETF analyst James Seyffart, the Securities and Exchange Commission (SEC) may have a problem with having a separate entity

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Bitcoin Spot ETF Is Biggest Development on Wall Street in Last 30 Years, Michael Saylor Says

December 20, 2023

By removing barriers that have discouraged participation, Saylor predicts that Bitcoin spot ETFs will lead to a surge in demand as previously untapped capital flows into the limited cryptocurrency market.

According to MicroStrategy Chairman Michael Saylor, the upcoming Wall Street launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) is a significant event. Saylor recently stated on Bloomberg that he believes these new funds could be the most significant development in the investment world in the last thirty years.
Similarly to the introduction of S&P 500 index funds in the early 1990s, Bitcoin spot ETFs aim to provide regular investors with easy access to digital assets. Previously, purchasing BTC required navigating complex exchanges that were vulnerable to fraud and compliance

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Michael Saylor Remains Bullish on Bitcoin as Future Digital Gold, Targets $1 Million per Coin

December 19, 2023

“I think Bitcoin is going to go into the stratosphere,” Saylor commented when asked about Bitcoin’s 56% value surge since October.

During a recent interview with CNBC, Michael Saylor, the Executive Chairman and co-founder of MicroStrategy Inc (NASDAQ: MSTR), expressed his unwavering confidence in Bitcoin’s (BTC) long-term path. He highlighted certain fundamental aspects that will position BTC as the digital equivalent of gold, making it a crucial component of institutional investment portfolios worldwide.
Michael Saylor on Bitcoin
While the broader cryptocurrency landscape faces uncertain prospects in the eyes of many wary observers, Saylor touted Bitcoin specifically as a reliable strategy for corporations and asset managers alike as capital evolves digitally.

When asked about

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OKX Surges Ahead of OpenSea and Blur in NFT Race Thanks to Bitcoin Ordinals

December 18, 2023

OKX strategically positioned itself to ride the Ordinals wave, seizing the NFT crown amid exploding interest in Bitcoin-based creative assets.

Cryptocurrency trading platform OKX has raced ahead of rivals to become the top marketplace for non-fungible tokens (NFT), recording over $50 million in daily NFT trading volume compared to $13 million on Blur and $3 million on OpenSea.
This surge centers around Ordinals – unique NFTs built on the Bitcoin blockchain that have recently taken the crypto world by storm. With exclusive support for trading Ordinals, OKX currently leads the pack while competitors play catch-up.

Across crypto more broadly, Bitcoin logged $305 million in weekly NFT trading volume versus just $93 million on Ethereum and $91 million on Solana. Indicating strong

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FTX Bankruptcy Fees Reach $53,000 per Hour, Crypto Exchange Still Owes Over $1B

December 18, 2023

Even with the owed fees it has paid in trying to deal with bankruptcy issues, FTX continues to face mounting challenges.

The collapse of cryptocurrency exchange FTX, previously valued at $32 billion, has resulted in exorbitant legal and advisory fees amounting to an average of $53,000 per hour within three months.
According to recent filings with the bankruptcy court, FTX attempted to address its insolvency issues by spending an astounding $118.1 million on professional services between August 1 and October 31 of this year. This equates to more than $1.3 million every day, and the enormous costs don’t seem to be getting lower as the complicated bankruptcy procedures go on indefinitely.

The Main Beneficiaries of FTX Bankruptcy Spendings
Based on Cointelegraph’s report, among the

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Bybit Introduces Bot Copy Trading for Automated and Social Crypto Trading

December 15, 2023

At its core, bot copy trading enables users to replicate the precise trading bot settings and strategies of experienced “master” traders.

Bybit has recently introduced an innovative automated trading system called bot copy trading. This new offering aims to simplify and enhance portfolio management for its extensive user base of over 20 million individuals. By integrating futures trading bots with copy trading features, Bybit provides advanced yet user-friendly tools for crypto investors at all skill levels.
At its core, bot copy trading enables users to replicate the precise bot settings and strategies of experienced “master” traders. By connecting with a chosen master and configuring their own Futures Grid bots to mimic the expert’s approach, regular “follower” traders can leverage

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Cyber.Fund Commits $100M to Blockchain Projects Merging AI and IoT

December 15, 2023

With a history of backing successful ventures like Cosmos, Solana, and Polkadot, Cyber.Fund aims to foster the development of what it terms the “cybernetic economy”, where blockchain forms the foundation.

Cyber.Fund, an investment firm renowned for its early support of Ethereum, has recently unveiled an impressive commitment of $100 million towards blockchain projects that merge artificial intelligence (AI) and the Internet of Things (IoT).
With a history of backing successful ventures like Cosmos, Solana, and Polkadot, Cyber.Fund aims to foster the development of what it terms the “cybernetic economy”, where blockchain forms the foundation. This interconnected and automated economic framework converges blockchain, AI, and IoT to drive innovation and collective growth. The decision to

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Bitcoin and Altcoins Market Rally Resumes Following Fed Interest Rate Announcement

December 14, 2023

Although the price spikes following the Fed announcement cleared recent bearish drawdowns and provided support levels, uncertainty remains over the sustainability of the increases.

The prices of major cryptocurrencies, including Cardano (ADA) and Solana (SOL), have seen fluctuations around the latest Federal Reserve announcement on interest rates. On December 13th, 2023, the Fed decided to keep rates within a target range of 5.25–5.50%, leading to an initial boost in the price of Bitcoin (BTC) and some altcoins. Following the news, BTC spiked 2.2% to reach $43,400, reflecting an overall sense of relief in the crypto market.
The day prior to the Fed’s decision, Bitcoin’s price had declined despite optimism that the Fed would avoid more aggressive tightening. As the Fed maintains rates

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StakingRewards Releases Guide to ORBS Staking Ecosystem

December 12, 2023

The newly launched ORBS guide on StakingRewards provides token holders access to robust analytics for optimizing staking strategies. The customizable dashboards offer at-a-glance visibility into key metrics.

StakingRewards, a leading staking information platform, has published a comprehensive guide catering specifically to ORBS token holders interested in staking on the Orbs blockchain network. The newly released guide offers useful metrics, comparisons, and tutorials to inform and assist those who are staking on the platform.
Orbs is an open, decentralized public blockchain designed to facilitate scalability and security for decentralized apps through an open-source infrastructure. The Orbs network secures itself through a delegated proof-of-stake (DPoS) consensus model where ORBS

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El Salvador’s Bitcoin-Backed Volcano Bonds Get Regulatory Approval

December 12, 2023

By securing outside funding support through the pioneering Volcano Bonds, El Salvador can continue progressing with Bitcoin integration across governmental services and society.

El Salvador has successfully overcome a significant regulatory hurdle as it pursues the introduction of Bitcoin-backed sovereign debt instruments, referred to as “volcano bonds”. The nation’s Digital Assets Commission has provided the necessary approvals for the bonds to proceed, marking a significant milestone in the path towards their issuance, now slated for 2024.
Volcano Bonds
The Volcano Bonds intend to help El Salvador decrease existing sovereign financing costs and also fund the development of Bitcoin City, a planned metropolis centered around Bitcoin and blockchain innovation. The bonds will debut on the

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Coinbase and Conio Partner to Bring Digital Assets to Italian Banks

December 11, 2023

The partnership between Coinbase and Conio is indicative of a larger trend in Europe that sees traditional banks and other financial institutions accepting cryptocurrencies more and more.

The well-known US cryptocurrency exchange Coinbase and Conio, an Italian cryptocurrency wallet provider partly owned by two large Italian companies, have formed a new alliance. This partnership aims to make a variety of digital assets more easily accessible to banks and other financial institutions across Italy.
Conio will make use of Coinbase Prime to provide institutional-grade liquidity support for crypto-friendly banks looking to expand their digital asset offerings. The company currently serves close to half a million retail customers. By the end of this year, the partners hope to jointly enable

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New ETF Proposal Linked to MicroStrategy Stocks Aims for Monthly Payouts to Investors

December 8, 2023

The fund would use investor capital to buy call options on MSTR while simultaneously selling put options. The premiums collected from these transactions would then be distributed to shareholders as monthly yields.

An investment firm YieldMax directed a request to the Securities and Exchange Commission (SEC) seeking regulatory approval for an exchange-traded fund (ETF) that offers monthly income tied to MicroStrategy derivatives. If granted the green light, the ETF is scheduled to launch in 2024 under the name Option Income Strategy ETF, with the ticker symbol MSTY.
YieldMax, the company behind the proposal, intends to structure MSTY as a “synthetic covered call” fund focused on MicroStrategy Inc (NASDAQ: MSTR), a publicly traded enterprise analytics software firm. Rather than directly

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Sotheby’s Makes Historic Leap into Bitcoin NFT Realm through Shroomtoshi’s Ordinals Art Auction

December 7, 2023

BitcoinShrooms uses pixelated art from the 1980s that is permanently stored on the Bitcoin blockchain through the Ordinals protocol.

Venturing into the world of Bitcoin NFT artwork, the renowned auction house Sotheby’s introduces its first-ever sale titled “Bitcoin Ordinals”, featuring pixel art by an anonymous crypto artist known as Shroomtoshi. This one-of-a-kind auction, which runs until December 13th, features three exclusive pieces from Shroomtoshi’s captivating “Bitcoin Shrooms” series.
Shroomtoshi blends technical expertise with artistic expression in a manner similar to Bitcoin’s mysterious creator Satoshi Nakamoto. Their collection embodies BTC’s fundamental principles, emphasizing financial autonomy and personal ownership.

So the journey begins.
"Sovereign Individual":

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