Sango, President Faustin-Archange Touadéra

The Central African Republic Unveils Sango Project, Disappoints The World

The Sango Genesis Event was revealing. Apparently, the Central African Republic president is as confused as MiamiCoin Mayor Francis Suarez and New York Mayor Eric Adams. Both of them got elected under a bitcoin platform and changed tune pretty quickly. President Faustin-Archange Touadéra, for his part, seemed to understand the mathematical miracle that bitcoin is, […]

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'Wild ride' lower for BTC? 5 things to know in Bitcoin this week

‘Wild ride’ lower for BTC? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day. The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent. After a quiet weekend, hodlers find themselves stuck in a […]

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'Wild ride' lower for BTC? 5 things to know in Bitcoin this week

‘Wild ride’ lower for BTC? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day. The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent. After a quiet weekend, hodlers find themselves stuck in a […]

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Sango crypto hub goes live in the Central African Republic

Sango crypto hub goes live in the Central African Republic

The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital asset sector. The Sango project follows the CAR’s adoption of Bitcoin (BTC) as legal tender in April. The initiative aims to attract businesses and global crypto talent/enthusiasts, ramp up local BTC adoption and […]

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Sango crypto hub goes live in the Central African Republic

Sango crypto hub goes live in the Central African Republic

The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital asset sector. The Sango project follows the CAR’s adoption of Bitcoin (BTC) as legal tender in April. The initiative aims to attract businesses and global crypto talent/enthusiasts, ramp up local BTC adoption and […]

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SBF denies FTX is eyeing distressed crypto mining companies

SBF denies FTX is eyeing distressed crypto mining companies

Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining companies, clarifying on Twitter on Saturday that they “aren’t really looking into the space.” “Really not sure why the meme about FTX and mining companies is spreading, the actual quote was that we *aren’t* […]

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Bitcoin addresses in loss hit all-time high amid $18K BTC price target

Bitcoin addresses in loss hit all-time high amid $18K BTC price target

Bitcoin (BTC) meandered into the weekly close on July 3 after weekend trading produced a brief wick below $18,800. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger bands signal volatility due Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stuck to $19,000 rigidly for a third day running. The pair had gone […]

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The crypto industry needs a crypto capital market structure

The crypto industry needs a crypto capital market structure

The past few weeks have been interesting and have surfaced what we in the financial services industry call matters requiring attention, or MRAs. An MRA describes a practice that deviates from sound governance, internal controls and risk management principles. These matters that require attention have the potential to adversely affect the industry and increase the […]

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