Bitcoin

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The Nigerian Federal government has approved the country’s “national blockchain policy.” This policy is a result of extensive consultations with 56 Nigerian institutions and public figures. The country’s minister of communications and digital economy, Isa Pantami, announced the new policy, stating that it institutionalizes blockchain technology in Nigeria. The minister added that the National Information
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The White House has expressed concern over the environmental impact of crypto asset mining, citing negative spillovers on the environment, quality of life, and electricity grids. To address these costs, the Biden administration has proposed the Digital Asset Mining Energy (DAME) tax, which will gradually increase to 30% and encourage companies to take better account
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In March, a developer named Domo introduced the BRC20 token standard to the Bitcoin community, which has been the topic of conversation ever since. The BRC20 tokens use the Ordinals protocol, allowing creators to mint fungible crypto assets easily on-chain. To create a BRC20 token, an individual must encode a JSON data object containing essential
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The Federal Open Market Committee (FOMC) is set to meet this Wednesday, with many economists predicting a 25 basis point (bps) increase in the benchmark interest rate. However, some market observers anticipate multiple rate cuts in the future due to recent banking industry turmoil in the US. While these speculations exist, there are analysts who
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Renowned economist and gold enthusiast Peter Schiff has issued a warning about the US economy, stating that it is facing a period of stagflation in which high inflation and high unemployment will both be present. In an interview with Fox News, Schiff explained that inflation had actually increased in Q1 of this year, despite a
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Coinbase, one of the world’s leading digital currency exchanges, has received approval from the Bermuda Monetary Authority (BMA) to operate its cryptocurrency operations in Bermuda. This has led to the launch of Coinbase International Exchange, aimed at making Coinbase’s trusted products and services more accessible to users of digital assets who live outside of the