Tag: News

Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K  – Markets and Prices Bitcoin News

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The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56 specialists convened to give their 2023 bitcoin price forecast, and the panelists suggest bitcoin will peak at $29,095 this year. Experts Weigh in on Bitcoin’s Future Price: Will it Reach Six-Digit Prices by 2030? Finder.com has conducted another report that aims to predict bitcoin’s future price with 56 experts…

Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies – Economics Bitcoin News

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In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the parallel market, according to the latest Bank of Ghana data, one greenback buys around 10.36 units of the local currency. The Cedi’s Short-Lived Resurgence After ending 2022 as one of the world’s worst-performing currencies, the Ghanaian currency is already one of two in Sub-Saharan Africa’s top 15 currencies that depreciated…

Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally – Bitcoin News

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Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, according to an announcement the company made on Tuesday. The capital injection brings the company’s post-valuation to $800 million, and Quicknode says the funds will be used to “further fuel blockchain adoption.” Quicknode Aims to Streamline Web2 to Web3 Movement With $60 Million in Series B Funding Led by 10T Holdings On Jan. 24, 2023, Quicknode revealed it has raised $60 million in a Series B funding round led by 10T Holdings. Other participating investors in the…

AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High – Market Updates Bitcoin News

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Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche (AVAX) Avalanche (AVAX) rose to a multi-month high on Tuesday, as prices rallied for a third consecutive session against a backdrop of bullish news. Following a low of $17.43 to start the week, AVAX/USD moved to an intraday…

Washington Townhome Tied to Disgraced FTX Co-Founder Listed for $3.28 Million Amid Controversy and Bankruptcy – Bitcoin News

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A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for today. FTX Co-Founder’s Luxury Property Suspected to Have Been Used for Wining and Dining Political Elite in the Name of ‘Pandemic Prevention’ According to the New York Post reporter Mary K. Jacob, a four-bedroom Washington townhome associated with the disgraced FTX co-founder Sam Bankman-Fried (SBF), is now listed on the market.…

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says – Exchanges Bitcoin News

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European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled High-ranking executives of the recently busted Bitzlato have been apprehended as part of the international investigation against the crypto exchange with the participation of law enforcement and judicial authorities in several European countries. According to a press release published by the European…

ApeCoin Buckles As Recent News Of Stolen BAYC Hits The Market 

The Bored Ape Yacht Club NFT collection has been the target of an exploit this January 20th. FranklinIsbored, one of the biggest holders of BAYC NFTs, is targeted with an exploit of OpenSea’s stolen ApeCoin policy which allowed the attacker to sell a marked Bored Ape.  This Bored Ape was marked  as “under review for suspicious activity” which supposedly locks the NFT from being sold. Franklin has been the target of this exploit for the second time this week with the first one being January 20.  Hey @opensea can you…

BTC, ETH Consolidate Ahead of US GDP, Consumer Sentiment Data – Market Updates Bitcoin News

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Cryptocurrencies continued to consolidate recent gains on Jan. 24, as markets prepared for a big week of U.S. economic data. Gross domestic product (GDP) figures for Q4 2022 will be released on Thursday, followed by consumer sentiment data the day after. Ethereum also secured recent gains in today’s session, with prices nearing a move below $1,600. Bitcoin Bitcoin (BTC) consolidated for a third straight day, as traders continued to secure gains from Saturday, when prices rose to a five-month high. Despite consolidating, BTC/USD remained above $23,000 for most of today’s…

South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints – Regulation Bitcoin News

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According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted that all complaints that occurred before crypto assets were designated financial products will not be considered and should not be resubmitted. Code of Conduct for Crypto Asset Service Providers The South African government agency charged with investigating and resolving complaints in terms of the Financial Advisory and Intermediary…

Brazil and Argentina to Start Working on Creation of Latam Common Currency – Economics Bitcoin News

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Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future. Brazil and Argentina to Spearhead Common Currency Issuance Project Ministries of Brazil and Argentina will be discussing the first steps to issue a common bilateral currency. According to statements given by the minister of the economy of Argentina, Sergio Massa, representatives of both countries…