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OJK Reports Increased Crypto Customer Count but Decreasing Transaction Values

Hasan Fawzi, the Chief Executive for Financial Technology Innovation Oversight, Digital Financial Assets, and Cryptocurrency at the Financial Services Authority (OJK), revealed that the number of cryptocurrency customers in Indonesia is on the rise. Fawzi explained that as of September 2023, the registered customer count for crypto assets reached 17.91 million customers. This figure represents […]

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ordan Peterson Sparks Debate on Bitcoin’s Role in Addressing Banking System Issues

Jordan Peterson Sparks Debate on How Bitcoin Can Solve Major Banking Problem The renowned clinical psychologist and best-selling author, Jordan Peterson, has ignited a discussion about the potential of Bitcoin to address significant issues within the traditional banking system. Peterson’s remarks came in response to a news report indicating that Macquarie Bank, Australia’s fifth-largest bank, […]

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Binance Working on Bitcoin Lightning Network Integration for Deposits and Withdrawals

Binance crypto exchange is working to enable the Bitcoin Lightning Network, designed to make Bitcoin (BTC) transactions faster and cheaper. “Binance is working to integrate the Bitcoin Lightning Network for deposits and withdrawals,” the world’s largest cryptocurrency exchange said in a Tuesday tweet. The move comes as the exchange had pledged to add support for […]

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The populous country would benefit greatly from taking advantage of the abundant renewable energy available. Governor of the Indonesian Province of West Java, Ridwan Kamil and prominent Bitcoin global advocate and JAN3 CEO Samson Mow, revealed in a fireside chat titled “The Indonesia Bitcoin Mining Campaign” that the government of Indonesia is researching various ways […]

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Bitcoin fell below $27,000 after the CFTC filed a lawsuit against Binance

BTC fell to its lowest level since March 17 after the company sued the crypto exchange for alleged violations. The price of Binance coin (BNB) fell by 5%. Bitcoin (BTC) fell below $27,000 after the US Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng Zhao over allegations that the […]

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Bitcoin fell below $27,000 as the Federal Reserve, Powell continued to focus on inflation

The central bank met many expectations in its decision to raise interest rates by 25 basis points. Other crypto majors are in the red Bitcoin (BTC) fell below $27,000 after the US Federal Open Market Committee (FOMC) did what was expected on Wednesday, raising interest rates again, this time by a quarter.The decision reinforces the […]

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World Wide Web Inventor Tim Berners-Lee Says Crypto Is ‘Really Dangerous’ but Can Be Useful for Remittances

The inventor of the World Wide Web, also known as www, which is often called the web, Tim Berners-Lee called cryptocurrency “dangerous” and likened it to gambling. Discussing the future of the web, Berners-Lee said digital currencies were only speculative and compared them to the dot-com bubble, where the internet stocks, often without a solid […]

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This CEO Predicts Bitcoin Could Reach ‘$10M’ by 2032

After a fruitful January, the cryptocurrency market started trading sideways in February. With most coins in their correction phase currently, the overall market cap is down to $1 trillion. Parallelly, Bitcoin, the market’s most prominent digital asset, has lost ~5% of its value over the past week. Even though the market is currently wobbly, bullish […]