Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting bear market may have helped to remove barriers to […]
Study: Sub-Saharan Africa’s Bitcoin Transaction Volume Number One Globally, Data Indicates Shift Towards Stablecoins
Despite accounting for just 2.3% of global transaction volume, the latest data shows that crypto has penetrated key markets in Sub-Saharan Africa and “become an important part of many residents’ day-to-day lives.” With a regional volume of 9.3%, Sub-Saharan Africa’s BTC share outranks all regions including North America (9.0%) and Eastern Europe (8.2%). Nigeria Epitomizes […]
#BitgetTurns5 – In Every Era, There Are Those That Look Towards the Stars
Bitget marked its 5th anniversary today, reflecting on a relentless journey of progress. In an open letter, Managing Director Gracy Chen credits the team’s dedication and users’ support for achievements, and shares some insights. Below are some key takeaways from the open letter: – Marathon Runner’s Approach: Bitget prioritizes user-friendly, secure tools, focusing on long-term […]
Biggest Movers: TON Moves Towards $1.90, XLM Remains Near Recent Highs
Toncoin was a big mover on Thursday, as the token rose by nearly 4%, closing in on the $ 1.90 level in the process. The rally came despite crypto price consolidation, with the global market cap largely unchanged as of writing. Stellar also surged, remaining near a recent two-week high. Toncoin (TON) Toncoin …
SmarDex (SDEX): Pioneering New Pathways in DeFi, Strides Towards a Deflationary Token Model, Forging Ahead on ARB, Matic, and BNB Chains
Introduction: Should one venture into the expansive realm of decentralized finance, they may undoubtedly discern a conspicuous and dynamic force creating substantial ripples: SmarDex ($ SDEX). This entity does not merely constitute an additional entrant within the DeFi milieu; instead, it emerges as an innovator meticulously redefining the operational paradigms. SmarDex is not just …