Lorri Bourraine p7h2
Open Trade
Frequent Trader
9.2 Months
0 Following
23 Followers
28 Liked
1 Shared
Posts
"Senate Passes Cryptocurrency Bill, Handing Industry a Victory"
The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.
#GENIUSActPass #nytimes
The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.
#GENIUSActPass #nytimes
Blockchain.com Seeks Africa Expansion as Crypto Rules Emerge
Blockchain.com, a UK-based crypto exchange, is seeking to expand in African nations that have started to institute rules to regulate the industry.
The company is looking to grow in countries including Ghana, Kenya, South Africa, and this quarter is planning a physical office in Nigeria, which is the firm’s “fastest-growing market” in West Africa, according to Owenize Odia, Blockchain.com’s general manager for Africa operations.
While crypto trading is still illegal in most African nations and trading activities are closely monitored by central banks, some countries are enacting laws to regulate crypto exchanges. US President Donald Trump’s embrace of digital assets has emboldened firms to expand on the continent where the youth and businesses use crypto to hedge against unstable currencies.
“Nigeria has taken meaningful steps toward creating a clear framework for crypto,” Odia said by email. In Ghana, draft rules released by the central bank highlight “its intention to begin regulating cryptocurrency and related platforms by the end of September 2025,” she said.
Nigeria this year enacted a new investment and securities law, which provides for the licensing and regulation of crypto exchanges. That prompted exchanges including Yellow Card Financial Inc. to seek a permit, according to the Securities and Exchange Commission.
“Applying for a crypto-exchange license in Nigeria is a top priority,” Odia said.
Ghana issued draft guidelines on the proposed monitoring of digital assets last year, while Kenya is seeking to understand the asset class before possible regulation.
Blockchain.com was valued at about $14 billion in 2022, following a financing round in which companies including Lightspeed Venture Partners and Baillie Gifford & Co participated. The company has 37 million verified users, with 92 million wallets created and more than $1 trillion transacted, according to its website.
#blockchain #crypto #Africa #binance
The company is looking to grow in countries including Ghana, Kenya, South Africa, and this quarter is planning a physical office in Nigeria, which is the firm’s “fastest-growing market” in West Africa, according to Owenize Odia, Blockchain.com’s general manager for Africa operations.
While crypto trading is still illegal in most African nations and trading activities are closely monitored by central banks, some countries are enacting laws to regulate crypto exchanges. US President Donald Trump’s embrace of digital assets has emboldened firms to expand on the continent where the youth and businesses use crypto to hedge against unstable currencies.
“Nigeria has taken meaningful steps toward creating a clear framework for crypto,” Odia said by email. In Ghana, draft rules released by the central bank highlight “its intention to begin regulating cryptocurrency and related platforms by the end of September 2025,” she said.
Nigeria this year enacted a new investment and securities law, which provides for the licensing and regulation of crypto exchanges. That prompted exchanges including Yellow Card Financial Inc. to seek a permit, according to the Securities and Exchange Commission.
“Applying for a crypto-exchange license in Nigeria is a top priority,” Odia said.
Ghana issued draft guidelines on the proposed monitoring of digital assets last year, while Kenya is seeking to understand the asset class before possible regulation.
Blockchain.com was valued at about $14 billion in 2022, following a financing round in which companies including Lightspeed Venture Partners and Baillie Gifford & Co participated. The company has 37 million verified users, with 92 million wallets created and more than $1 trillion transacted, according to its website.
#blockchain #crypto #Africa #binance
Trump media group plans to raise $3bn to spend on cryptocurrencies.
https://www.ft.com/content/cc55d091-0b28-40bb-a11c-e32d4e121ca3?fbclid=IwZXh0bgNhZW0CMTEAAR7MJKOsHtqSpEEHHdp3RMEtuEDCG4Ur8ivzjS2SjDAFdZvLtbbnJ0Y9cR8Cxg_aem_FsAgZ7KCA9EhcSjBSCKNKg
#TrumpWithCrypto
https://www.ft.com/content/cc55d091-0b28-40bb-a11c-e32d4e121ca3?fbclid=IwZXh0bgNhZW0CMTEAAR7MJKOsHtqSpEEHHdp3RMEtuEDCG4Ur8ivzjS2SjDAFdZvLtbbnJ0Y9cR8Cxg_aem_FsAgZ7KCA9EhcSjBSCKNKg
#TrumpWithCrypto
X down: Twitter not working as thousands of users report issues
The social media platform X, formerly known as Twitter, is currently suffering with a mass outage as users report issues with the site.
According to Downdetector, thousands of users are struggling to access certain X web pages#, as well as having issues with the app and login page.
The site, which tracks user experiences and outages across different websites, showed that the issue began shortly after 1pm.
By 1.45pm, they had received 11,866 reports from people experiencing difficulties with Elon Musk’s platform.
#Xdown #TwitterDown
The social media platform X, formerly known as Twitter, is currently suffering with a mass outage as users report issues with the site.
According to Downdetector, thousands of users are struggling to access certain X web pages#, as well as having issues with the app and login page.
The site, which tracks user experiences and outages across different websites, showed that the issue began shortly after 1pm.
By 1.45pm, they had received 11,866 reports from people experiencing difficulties with Elon Musk’s platform.
#Xdown #TwitterDown
Bitcoin hits all-time high amid ‘price explosion’
Record-breaking rally sees crypto analysts revise price predictions for 2025
The price of bitcoin has risen above $110,000 for the first time in its history, after surging nearly 50 per cent since April.
The record-breaking rally takes the cryptocurrency above its previous all-time-high of just over $109,000, which it reached in January.
The fresh high comes amid favourable market conditions for bitcoin and other risk assets, including a deescalation in the US-China trade war, as well as the lowering of interest rates across Europe and Asia.
“There are a number of narratives stewing that could cause the bitcoin price to explode,” Simon Peters, a crypto analyst at the investment platform eToro, wrote in an emailed comment to The Independent on Thursday.
“Firstly, global liquidity – essentially how much money is available in the global economy and a metric which the bitcoin price closely mirrors – is forecast to increase throughout the year.
“Secondly, a vast number of buyers and increased amounts of capital are all chasing a fixed supply. As well as individual investors, more publicly traded companies are adopting bitcoin treasury strategies, buying billions of dollars worth at a time.”
Other leading cryptocurrencies have mirrored bitcoin’s recent fortunes, with Ethereum, Solana, Dogecoin and Cardano all seeing significant price increases in recent days.
The market surge has led some crypto analysts to revise their price predictions for 2025, though caution is always still advised due to the volatile nature of bitcoin.
Nigel Green, CEO of global financial advisory firm deVere Group, told The Independent that the latest rally means his previous forecast for bitcoin hitting $150,000 this year “no longer looks ambitious – it looks cautious”.
He continued: “This is a pivotal moment. It’s not just that bitcoin has hit a new high. It’s the confluence of macro tailwinds, political momentum, institutional flows, and retail resurgence. We’re entering a new era of digital value, and bitcoin is leading it.
“The $150,000 price target we set earlier this year was bold at the time. But markets evolve – and so must forecasts. If current conditions hold, and we get a real regulatory green light before the August recess, a price above $175,000 is increasingly within reach.”
The price of bitcoin has risen above $110,000 for the first time in its history, after surging nearly 50 per cent since April.
The record-breaking rally takes the cryptocurrency above its previous all-time-high of just over $109,000, which it reached in January.
The fresh high comes amid favourable market conditions for bitcoin and other risk assets, including a deescalation in the US-China trade war, as well as the lowering of interest rates across Europe and Asia.
“There are a number of narratives stewing that could cause the bitcoin price to explode,” Simon Peters, a crypto analyst at the investment platform eToro, wrote in an emailed comment to The Independent on Thursday.
“Firstly, global liquidity – essentially how much money is available in the global economy and a metric which the bitcoin price closely mirrors – is forecast to increase throughout the year.
“Secondly, a vast number of buyers and increased amounts of capital are all chasing a fixed supply. As well as individual investors, more publicly traded companies are adopting bitcoin treasury strategies, buying billions of dollars worth at a time.”
Other leading cryptocurrencies have mirrored bitcoin’s recent fortunes, with Ethereum, Solana, Dogecoin and Cardano all seeing significant price increases in recent days.
The market surge has led some crypto analysts to revise their price predictions for 2025, though caution is always still advised due to the volatile nature of bitcoin.
Nigel Green, CEO of global financial advisory firm deVere Group, told The Independent that the latest rally means his previous forecast for bitcoin hitting $150,000 this year “no longer looks ambitious – it looks cautious”.
He continued: “This is a pivotal moment. It’s not just that bitcoin has hit a new high. It’s the confluence of macro tailwinds, political momentum, institutional flows, and retail resurgence. We’re entering a new era of digital value, and bitcoin is leading it.
“The $150,000 price target we set earlier this year was bold at the time. But markets evolve – and so must forecasts. If current conditions hold, and we get a real regulatory green light before the August recess, a price above $175,000 is increasingly within reach.”
What if DogeCoin becomes the US currency? And more of your wild proposals answered
https://www.ft.com/content/fa5b9e2b-d0bf-45d8-8794-f2a1ef270ea4?fbclid=IwY2xjawHVEqZleHRuA2FlbQIxMQABHSbHojMSfwcswaTfo1vThWeAuO7fOyDJvRybF8KEmbWzBvLkPffDWPqK7w_aem_EDX4U9zzcjAXTe6Xtgh75g
Login to explore more contents