Quidax Sponsors BusinessDay’s Blockchain Conference: A New Era for Nigeria’s Cryptocurrency Industry

BusinessDay's annual blockchain conference, a key event in Africa's digital development, will take place on September 11, 2024, at the Radisson Blu in Victoria Island, Lagos. This year's theme, "Building Africa's Future: Harnessing Blockchain for Social and Economic Transformations," emphasizes the significant impact blockchain technology can have on the continent's growth. The conference presents a…

September 4, 20240Comments

Byadmin

Crypto

Trump Advocates for All Bitcoin Mining to Be U.S.-Based

Presumptive 2024 Republican nominee Donald Trump, in a surprising move, announced on Wednesday his vision for all remaining Bitcoin to be mined within the United States. This strategic positioning of cryptocurrency as a new battleground against President Joe Biden marks a significant shift for Trump, who was previously sceptical of the digital sector. This shift…

June 12, 20240Comments

Byrwandatechnews

Crypto

PayPal Launches Stablecoin on Solana in $2.6 Trillion Market

In its ongoing rivalry with Ethereum, Solana has secured a significant partnership with an unexpected ally—PayPal. On Wednesday, the online payments giant announced that its stablecoin, PayPal USD (PYUSD), is now available on the Solana blockchain network. This move not only enhances Solana’s credibility in the massive $2.6 trillion payments processing market but also sets…

May 29, 20240Comments

Byrwandatechnews

Crypto

HTX Surpasses Coinbase in Daily Spot Trading Volumes

The cryptocurrency trading platform HTX, formerly known as Huobi, has achieved a significant milestone in the global cryptocurrency market. It has now surpassed the United States-based exchange Coinbase in daily spot trading volumes, marking a notable shift in the industry's landscape. Justin Sun, the visionary founder of Tron and an esteemed advisor to HTX, shared…

May 28, 20240Comments

Byrwandatechnews

Crypto

SEC Nears Approval for Ether ETFs: What It Means for Crypto Investors

The US Securities and Exchange Commission (SEC) is getting closer to allowing eight new exchange-traded funds (ETFs) tied to ether, the world's second-biggest cryptocurrency after Bitcoin. This follows their approval of the first bitcoin ETFs earlier this year. On Thursday, the SEC approved some rule changes supporting these ether ETFs for big companies like BlackRock,…

May 25, 20240Comments

Byrwandatechnews

Global News

Bitcoin record high

The leading cryptocurrency recently achieved a record-breaking milestone by reaching an unprecedented value of over $69,000. This surpasses its peak in November 2021 before experiencing a decline to $16,500 in 2022. The resurgence in Bitcoin's price is attributed to significant investment from U.S. financial powerhouses. Carol Alexander, a finance professor at Sussex University, believes Bitcoin's price…

March 5, 20240Comments

Byrwandatechnews

Ideas

US Finance Giants Bitcoin

As Bitcoin approaches its all-time high, the spotlight turns to the significant influence wielded by US finance giants such as Grayscale, BlackRock, and Fidelity. These investment powerhouses channel billions of dollars into Bitcoin, solidifying their status as the new 'Bitcoin whales' in the cryptocurrency sea. This influx of institutional investment marks a pivotal shift in…

March 1, 20240Comments

Byrwandatechnews

Global News

Sam Altman’s Worldcoin Launch Retina-Scanning Cryptocurrency

Worldcoin, a daring crypto startup co-founded by OpenAI CEO Sam Altman's Worldcoin Launch, has the worldwide distribution of its services, aiming to create a dependable method for discerning humans from AI online, support global democratic systems, and significantly enhance economic opportunities. The startup has garnered around $250 million in funding, with Andreessen Horowitz, Khosla Ventures, and Reid…

July 26, 20230Comments

Byrwandatechnews

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