Cryptocurrencies - Fintech Express

Cryptocurrencies are digital or virtual currencies that use cryptography to secure and verify transactions and to control the creation of new units. Cryptocurrencies operate independently of a central bank and are decentralized, meaning they are not controlled by any government or financial institution.

Signs the Crypto Market Is on the Verge of a Crash

by admin | Jul 30, 2023 | Cryptocurrencies

Introduction While soaring prices and immense profits can be enticing, investors should also be cautious of potential market crashes. Identifying signs of an impending crypto market crash is crucial for protecting investments and making informed decisions. In this...

Optimism surpasses Arbitrum in daily transactions for the first time since January 2023

by Samuel Mbaki | Jul 28, 2023 | Cryptocurrencies

Key Points On July 27, Optimism logged 944,000 daily transactions surpassing its competitor, Arbitrum, which registered 660,000 transactions. Cooperation with Worldcoin and the recent Bedrock update is credited for the rise in daily transaction volume. Optimism...

Grayscale urges SEC to approve all Bitcoin ETFs simultaneously

by Samuel Mbaki | Jul 28, 2023 | Cryptocurrencies

Grayscale, a Bitcoin ETF applicant, has asked the US SEC to consider approving all Bitcoin ETFs simultaneously to ensure no company has an advantage over the other as competition grows.

Bitcoin attempts revival ahead of imminent FOMC announcement

by Baraza Dan | Jul 25, 2023 | Cryptocurrencies

Bitcoin has been attempting recovery today following a sharp decline about 48 hours ago. The bitcoin market possibly reacted to a WSJ report which triggered FUD about Binance. Are markets readying for the FOMC announcement? Bitcoin's recovery trial after sharp dive...

I will back the U.S. Dollar with Bitcoin if elected President- Robert F. Kennedy

by Samuel Mbaki | Jul 19, 2023 | Cryptocurrencies

Key points Robert F. Kennedy Jr has communicated that he intends to back the U.S. Dollar with Bitcoin if elected President. Robert F. Kennedy has been vocal about Bitcoin, calling it a “defense against the manipulation of money supply.” Presidential candidate Robert...

DeFi tokens post strong performance in a month full of regulatory uncertainties

by Samuel Mbaki | Jul 18, 2023 | Cryptocurrencies

Key Points The Decentralized Finance sector is performing well amid regulatory uncertainties. DeFi tokens have shown some of the highest gains among other cryptos as regulators increase their oversight. Decentralized Finance (DeFi) tokens have posted strong gains amid...

Valkyries BRRR spot Bitcoin ETF 2023 to be reviewed by the SEC

by Samuel Mbaki | Jul 18, 2023 | Cryptocurrencies

Key Points Valkyries BRRR spot Bitcoin ETF is now officially under the US SEC review process after the regulator expressed that it had been satisfied with the filing. This ETF was named ‘BRRR’ after a popular meme in the Bitcoin community that refers to the money printer sound. Valkyries BRRR spot Bitcoin ETF accepted for […]

Multichain Bridge’s recklessness attracts controversy

by Samuel Mbaki | Jul 18, 2023 | Cryptocurrencies, Follow up

Key PointsMultichain Bridge mismanagement stirs the potAftershock events of the Multichain Bridge meltdown Key Points The crypto community has expressed disdain over poor management and centralization in the Multichain crypto ecosystem. Multichain experienced a series...

Celsius Network continues to sell altcoins days after CEO Alex Mashinsky was arrested

by Samuel Mbaki | Jul 17, 2023 | Cryptocurrencies

Key Points Celsius has sold another huge batch of crypto assets despite the US lodging an investigation against it. The sell-off comes days after CEO Alex Mashinsky was arrested and is being charged with fraud in the US. Bankrupt crypto lender Celsius Network has sold...