Report: Africa Is Bullish on Crypto Despite Infrastructure and Regulatory Hurdles

According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world. A new report published by Arcane Research shows that African countries have some of the highest cryptocurrency ownership rates worldwide.  South Africa ranked third throughout the world with 13% of its internet users owning or using cryptocurrencies. Nigeria […]

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Spike in User Activity Drives Bullish Divergence for Maker

Santiment has spotted bullish divergence between the price action and daily average users for MakerDAO’s token. Crypto market data analysis firm Santiment has published data suggesting bullish activity surrounding MKR — the token underpinning decentralized finance (DeFi) project MakerDAO. On May 20, Santiment published data indicating bullish divergence between the number of daily active MKR […]

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CME Traders Prefer Cash-Settled Bitcoin Products

CME customers would rather trade cash-backed Bitcoin products at present. Chicago Mercantile Exchange’s, or CME, global head of equity index and alternative investment products, Tim McCourt, said traders prefer cash-settled Bitcoin trading over products backed by physical Bitcoin (BTC).  “So far, clients have expressed a clear preference and priority for a cash-settled product,” McCourt told […]

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CZ May Have Pulled An Elon Musk-Style Gaffe On Twitter

Did CZ inadvertently admit to being involved in the management of CoinMarketCap? In a recent tweet, Binance (BNB) CEO Changpeng Zhao (CZ) may have inadvertently admitted his involvement in the management of the recently acquired CoinMarketCap (CMC). Following in Elon Musk’s footsteps? Zhao’s tweet from May 14 seemingly admits his involvement in managing CMC: Source: […]

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