Latest News
-
Where to buy cryptocurrencies in Kenya
After the closure of LocalBitcoins, many Kenyans are finding it difficult to find a LocalBitcoins alternative where they can easily buy and sell cryptocurrencies using payment methods like Mpesa and PayPal. In this article, we shall look at the best crypto exchanges to buy cryptocurrencies in Kenya. Buying Crypto in Kenya Here are some of…… Read more
-
Silicon Valley Bank collapse sparks crypto crisis
Silicon Valley Bank (SVB) collapse is the swiftest that the financial markets have witnessed to date. The bank collapsed in less than 48 hours after disclosing it was raising funds by selling assets and stocks to remain operational. Silicon Valley Bank has been providing financial services to popular crypto-focused venture capital (VC) firms like Andreessen…… Read more
-
How to trade breakouts: Forex & crypto
A breakout is a price movement in a different direction from the previous price activity in the forex and crypto markets. It can be a change from a downtrend to an uptrend or from an uptrend to a downtrend. It can also be a price movement through a well-established support or resistance level. When the…… Read more
-
US government transfers BTC worth $217 million to Coinbase: PeckShield
Crypto analytics firm PeckShield has revealed that the US government has abruptly transferred massive amounts of bitcoins (BTC) to Coinbase exchange wallet addresses. According to the analytics firm, the government has transferred 9,826 BTC worth $217 million to Coinbase. It has also transferred an additional 39,175 BTC worth $867 million to two new addresses that…… Read more
-
We see fraud, we see a lack of transparency: Fed Chair Jerome Powell on crypto
When he appeared before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, Federal Reserve Chairman Jerome Powell was asked about the risks that crypto-assets pose and how the Fed is evaluating these risks. In his reply, Jerome Powell said: “We’ve been quite active in this area,” Powell replied. “We believe innovation is…… Read more
-
AUD/USD bearish after RBA’s widely expected 25bps rate hike
The AUD/USD took a dive after the Reserve Bank of Australia (RBA) raised the benchmark cash rate by 25 bps (basis points). The Reserve Bank is trying to control inflation, which is currently at a three-decade high. The move leaves the door open for further rate hikes, raising concerns that the reserve bank could overtighten….… Read more
BbusyEarning 