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US Economic Data and Dollar Index Influence Bitcoin and Crypto Market
Written by Hazel J. Greene, Senior Analyst The Bitcoin and cryptocurrency market experienced significant price gains last week, driven by positive developments in the Ripple lawsuit and declining US consumer and producer prices. Altcoins such as Solana, Cardano, and Polygon witnessed double-digit gains after Ripple’s favorable court ruling. Despite reaching a new yearly high, Bitcoin…
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Celo Announces Transition to Ethereum Layer-2: Enhancing Accessibility and Security
Written by Hazel J. Greene, Senior Analyst cLabs, the developer behind Celo blockchain, has recently unveiled an ambitious plan to transition the platform into an Ethereum layer-2 network. Through extensive research and consultations with the Celo community, this proposal aims to foster blockchain adoption and make it accessible to users irrespective of their location. Celo’s…
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Australia’s NAB Implements Measures to Safeguard Clients Amid Rising Crypto Scams
Written by Hazel J. Greene, Senior Analyst National Australia Bank (NAB) has taken proactive steps to protect its clients from crypto scams, joining other major Australian banks in blocking certain payments to crypto exchanges deemed “high-risk”. Recent reports indicate that these measures have been initiated after the Commonwealth Bank of Australia and Westpac undertook similar…
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A Cautionary Tale of Ripple Crypto Euphoria in the Cryptocurrency Industry
Written by Hazel J. Greene, Senior Analyst The recent Ripple ruling has thrust John Reed Stark, former director of the U.S. Securities and Exchange Commission Office of Internet Enforcement, into the spotlight as a prominent figure cautioning the cryptocurrency industry. While this judgment was seen by many as a setback for the SEC, Stark’s reservations…
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Binance Integrates Bitcoin Lightning Network, Revolutionizing Transactions
Written by Hazel J. Greene, Senior Analyst Binance, the world’s leading crypto exchange, has successfully integrated the Bitcoin Lightning Network. This groundbreaking move opens up new possibilities for faster, more efficient, and scalable Bitcoin transactions. Binance officially announced the opening of deposits and withdrawals for Bitcoin (BTC) on the Lightning Network in a recent blog…
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