Litecoin Is in a Deadlock as Bears Threaten to Short
Today, Litecoin (LTC) fell to $131 after being rejected at the high of $139. The crypto fell as the price broke below the moving averages. Selling pressure is likely to…
ECOWAS is Debating Crypto Operation in West Africa but a Ban Seems Impossible
The Economic Community West African States (ECOWAS) is at odds over the legality and operation of crypto in its member states. What will be the fate of cryptocurrencies in the…
Ripple Consolidates Above $0.62 as Bulls and Bears Reach Indecision
The price of Ripple (XRP) has been consolidating above support at $0.62 for the past five days. The crypto had corrected higher, but buyers failed to maintain bullish momentum above…
Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank…
Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area
The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System…
UK Advertising Watchdog to Crack Down on ‘Misleading’ Crypto Ads
The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert”…
Crypto Exchange CEO Says Huge Grayscale Bitcoin Trust Unlock Doesn’t Matter for BTC – Here’s Why
Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, doesn’t agree with opinions about the impact of the upcoming Grayscale Bitcoin Trust (GBTC) unlock. About 40,000 BTC worth more than $1.32…
