Philadelphia-based Republic First Bank Closes, Fulton Bank Takes Over 32 Branches
The Federal Deposit Insurance Corporation (FDIC) announced on Friday, April 26, the closure of Republic First Bank with its 32 branches to reopen on Saturday...
Ripple Taps Ethereum and XRP Ledger to Unveil USD-Backed Stablecoin
Crypto payments firm Ripple is readying to unveil its dollar-pegged stablecoin in 2024. The San Francisco-headquartered fintech firm revealed on Thursday, April 4, plans to...
Goldman Sachs Clients in Asia Pacific Hedge Fund Renew Interest in Crypto
In a recent announcement, Goldman Sachs admitted that institutional clients for its Asia Pacific arm are portraying renewed interest and uptake for crypto. The investment...
Swiss Central Bank First to Announce Reduced Interest Rates, Critical for Bullish Bitcoin
The Swiss National Bank (SNB) on Thursday, March 21, announced cuts to the benchmark interest rate to defy the global trend where other central banks...
SkyBridge Capital Founder Hails Bitcoin Credentials, Challenging JPMorgan’s Chief View on Risk
SkyBridge Capital's founder, Anthony Scaramucci, downplays the pessimistic perspective held by JPMorgan chief executive Jamie Dimon, urging its crackdown by the government. The American financier...
Understanding Bitcoin Halving and Bitcoin ETFs and Influence on Supply and Demand
The forthcoming halving event in late April deploys a unique design to lower the Bitcoin supply on the market. The ETF issuers are optimistic that...
VanEck Reports Accelerated Big Bank and Broker Interest in Bitcoin
In the recent update, the crypto assets research chief at VanEck, Matthew Sigel, indicated growth in the demand for Bitcoin exchange-traded fund (ETF) access among...
Nigerian Exchanges Battling Licensing Challenges, Analysts Urge Overhauling SEC Guidelines
The analysts within Nigeria’s digital assets ecosystem decry the stringent conditions set by the country’s Securities and Exchange Commission (SEC) to grant licenses. Kue Paul,...
Bank of England Admits Unreadiness for Britcoin’s CBDC in the UK
The British policymakers have portrayed their undecided stance on the digital pound - Britcoin. The policymakers dismissed the possibility of the rushed release of the...
Nigeria’s Crypto Veto Prevented eNaira Adoption, Desipite Commanding Significant International Rating
Chinedu Albert, a Nigerian innovation and tech legal expert, claimed the adoption of eNaira will occur after the government acquires Nigerians’ trust. It will also...