After the Russian currency touched a year low versus the greenback of nearly 92 units for every dollar, economist Robin Brooks said the ruble has stabilized and may eventually be lifted by rising oil prices. The Institute of International Finance Economist urged G7 countries to consider cutting the Russian oil price cap from $ …
BTC to Peak at $42K in 2023: Finder’s Bitcoin Price Predictions Report
Bitcoin is expected to reach its peak at $ 42,000 in 2023, with an end-of-year price prediction of $ 38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of panelists believe bitcoin is currently underpriced, 36% say it is priced fairly, …
Tesla’s Bitcoin Portfolio Remains Unchanged at $184M for Third Straight Quarter: Q2 2023 Report
Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has maintained a digital asset portfolio worth approximately $ 184 million. Tesla Holds Steady on Bitcoin in Q2 2023, …
Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the crypto exchange, Kraken. This occurrence marks the fourth instance of activated ETH ICO tokens this year, […]
Study: Six Countries Account for Over 90% of Africa’s Crypto Interest in H1 2023
Between Jan. 1 and July 4, the Nigerian share of Africa’s overall interest in cryptocurrency stood at 66.8%, a figure nearly eight times that of second-ranked South Africa’s share, according to the latest Coingecko report. South Africa, along with Morocco, Ghana, Egypt, and the Ivory Coast, accounted for 23.8% of the continent’s interest in cryptocurrency […]