February 11, 2023

Dubai’s University CUD to Embrace Crypto Payments

The Canadian University of Dubai (CUD) partnered with Binance to enable students to pay their fees in digital currencies. With the recent collaboration, the exchange dived deeper into the local ecosystem. It received a cryptocurrency license from Dubai’s regulators in September last year.  Settling the Semesters in Crypto The world’s leading crypto platform disclosed the...
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Two Thirds of Millennials View Bitcoin as Safe Haven (Survey)

A study by BanklessTimes revealed that 67% of respondents aged 27-42 consider bitcoin a safe haven. Previous polls have shown that millennials are among the most active demographic groups in the cryptocurrency space and have a friendlier outlook than older generations. BTC Emerges as an Important Asset for Millennials According to Jonathan Merry – CEO...
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Tron Generated $48 Million in Revenue in Q4, 2022: Research

According to figures provided by Messari, the decentralized digital platform – Tron – made a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to Q3.  The entity also recorded a surge of average active daily addresses and average daily transactions. Better Results Despite the FTX Collapse In its most...
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PayPal Owned $604 Million in Crypto Last Year

By the end of 2022, PayPal held over $600 million in digital assets in crypto on behalf of its users. That included $291 million in Bitcoin (BTC) and $250 million in ETH.  According to PayPal’s annual report to the Securities and Exchange Commission, the remainder of its $63 million in crypto was spread between Bitcoin...
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Reckless – Chapter 13: DeFi

Chapter 13 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...
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Why Ethereum (ETH) Price Surged To $1,704 Last Week

The Ethereum price moved from trading around $1,190 on January 01 to as high as $1,704 last week. While the pump has been attributed to several factors, whale traders are said to be behind the recent crypto rally. Nonetheless, the highly anticipated Shanghai upgrade that will enable withdrawals of staked ethers is also a huge...
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India’s Retail CBDC Pilot Onboards 50K Users, RBI to Continue with ‘Go Slow’ Approach

India’s retail CBDC pilot, launched on December 1, has onboarded 50,000 users and 5,000 merchants. In the two-month period, 0.77 million e-rupee transactions were carried out, the Reserve Bank of India (RBI) said. Right now, digital rupee (e-rupee) transactions are available in a closed group of banks, cities, and merchants. India CBDC Plan will Go...
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Ethereum Is Wary of Its Future Moves-Where Will This Lead the ETH Price in the Coming Week?

Ethereum price underwent a significant upswing during the first fortnight of 2023, gathering nearly 14 bullish candles including a couple of bearish candles too. Despite the pullback, the price respected the lower support at $1507 and rebounded fairly after each contact. However, the price is predicted to rise finely in the future ahead, but the...
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Ethereum Price Prediction: Former ARK Invest Analyst C.Burniske Predicts Next Levels For ETH Price

After making astounding remarks about Ethereum bulls two days ago, former Ark Invest analyst Chris Burniske thinks a capitulation could occur before rebounding to ATH. By referring to a bullish thesis to Valhalla, Burniske has now noted that Ethereum must ‘first die to make it’ to the promised land.  Notably, Ethereum (ETH) price has dropped...
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China Establishes National Blockchain Organization (Report)

The Chinese Ministry of Science and Technology reportedly approved the launch of the National Blockchain Technology Innovation Center.  It will be based in the capital Beijing and will focus on use cases that could boost the local economy.  Unlike BTC, China is Supportive of Blockchain  According to recent coverage, the newly-formed entity will try to advance...
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Bitcoin (BTC) $ 93,753.12 1.75%
Ethereum (ETH) $ 3,371.76 1.66%
Tether (USDT) $ 1.00 0.19%
XRP (XRP) $ 2.19 1.98%
BNB (BNB) $ 685.14 4.53%
Solana (SOL) $ 185.84 2.08%
Dogecoin (DOGE) $ 0.314508 0.71%
USDC (USDC) $ 1.00 0.18%
Lido Staked Ether (STETH) $ 3,365.73 1.54%
Cardano (ADA) $ 0.895446 0.50%