Month: January 2023

Solana Moves On From FTX Crisis, Sparkles 46% In Last 7 Days

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Solana (SOL) has been included in the top cryptocurrencies to watch out for this week of finance and crypto-focused site Investopedia. This no longer comes as a surprise considering that at one point during the last seven days, the digital asset, which was pulled all the way down to $9 towards the end of December, managed to increase its value by 46%. SOL outperformed industry frontrunners Bitcoin and Ethereum and all other top crypto assets occupying the top 10 spot in terms of market capitalization. It would appear that the…

Cointelegraph’s Accelerator Program launches and is seeking Web3 startups

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The Web3 space is growing rapidly, and new startups are emerging daily. Overall investment into Web3 projects skyrocketed to $30 billion in 2021 and $36 billion in 2022, even amid the market crisis. While many projects have good ideas and a strong value proposition to bring to the space, this is a challenging field riddled with competition and a lack of trust from the broader audience. Cointelegraph has established itself as a leader in the digital asset, Metaverse and emerging technologies media business since 2013, and is now looking to…

New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs – Bitcoin News

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According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also discusses the regulation of initial coin offerings (ICOs) and how these can become “a new way to attract foreign direct investment (FDI) and raise capital.” ‘A Successful Payment Mechanism’ In its recently unveiled payments system document, the Central Bank of Nigeria (CBN) said the bank would be open to developing “a regulatory framework for [the] potential implementations of the stablecoin.” The…

Bitcoin community not happy with Peter Zeihan’s criticisms on Joe Rogan podcast

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Bitcoin (BTC) community members went on social media to respond to the claims of Peter Zeihan, one of the most recent guests on the Joe Rogan Experience (JRE) podcast.  In a recent JRE episode, Zeihan, who is an American geopolitical analyst and author claimed that crypto was always a “hot dumpster fire” and that Bitcoin has no intrinsic value. The analyst claimed that the number one digital asset by market capitalization is now being priced “more appropriately.” In addition, Zeihan argued that Bitcoin which is now trading at around $17,000…