Markets

African cryptocurrency exchange Yellow Card wants to be big. So big, in fact, that after raising a whopping $40 million in a series B funding round, the company says that it’s looking to become the first African crypto “unicorn” the world has ever seen. Yellow Card Wants to Get Huge A unicorn is any company worth approximately $1 billion or more. One of the firms that took part in the series B funding round was Poly Chain Capital, headed by Will Wolf, who as a partner of...

Grayscale stated that the SEC’s application of its “significant market test” is deeply flawed and does not protect investors against potential fraud and manipulation in the underlying BTC markets. The SEC is notorious for turning down dozens of spot Bitcoin ETF applications over the past several years from major players including WisdomTree and Ark21Shares. Grayscale, for one, has taken the legal route to resolve the matter. It has argued that the regulator acted outside its...

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Solana price started a fresh decline from the $34.50 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $33.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.40 support zone. Solana price is trading below $33 against the US Dollar, similar to...

San Francisco-based blockchain firm, Ripple, announced its first On-Demand Liquidity (ODL) customers in France and Sweden. According to the company, the European market is ripe for disruption with RippleNet-powered ODL. The main aim of the partnerships is to facilitate real-time payments across borders utilizing by Ripple’s financial technology – RippleNet – across the two regions. Ripple’s New Partners in France and Sweden As part of the deal in France, Ripple inked a...

Imagine what the price of SafeMoon will be by 2030? There have been predictions on the price of SafeMoon by different financial analysts and some have said that the price of SafeMoon will get to the moon soon.  At the time of writing, the general cryptocurrency market started this week with a bullish trend, bitcoin is up by 5.67%, Ethereum is the number one altcoin and is up by 5.98%, and most cryptocurrencies are on the bullish path. We hope the bulls will keep up the...

The phenomenal rise of NFTs in the last few years surprised many, but experts and enthusiasts long believed in the potential held by this domain of the blockchain space. The costliest NFT to date was sold just a few months ago for a whopping $91.8 million. And there are several others fetching millions of dollars in the market. The meteoric rise led to an increased interest in the domain and attracted more investors. But the dearth of reliable marketplaces significantly...

The BNB Smart Chain will go through a hard fork tomorrow. The upgrade will take place at around 08:00 AM (UTC) at block height 22,107,423. The changes are aimed at mitigating the cross-chain infrastructure between the Beacon Chain and the Smar Chain in an attempt to re-enable the cross-chain back. What is the BNB Smart Chain Moran Hard Fork? According to a release on Github, the BNB Smart Chain will go through a hard fork tomorrow – October 12th. The upgrade is called Moran,...