Articles by Godfrey Benjamin
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bitcoin
Bitcoin News
bitcoin
Bitcoin News

Are Bitcoin Whales Dumping? On-Chain Data Reveals Addresses with Over 100 Coins Are on the Decline

The number of Bitcoin (BTC) whales might be on the decline as revealed by on-chain data provided by Glassnode analytics. In an unusual reality, the number of addresses holding at least 100 units of Bitcoin, which in today’s valuation will be worth approximately $5 million, has hit a 1 year low of 15,958.  The digital

The number of Bitcoin (BTC) whales might be on the decline as revealed by on-chain data provided by Glassnode analytics. In an unusual reality, the number of addresses holding at least 100 units of Bitcoin, which in today’s valuation will be worth approximately $5 million, has hit a 1 year low of 15,958.  The digital

binance
News
binance
News

Binance Responds to the South African FSCA, Refutes the Regulator’s Claims

Binance, the world’s largest cryptocurrency exchange by trading volume, has responded to the warning issued by the South African Financial Sector Conduct Authority (FSCA) to the general public regarding its legal status in the country. As highlighted in a previous report by Coingape, the FSCA joined the long list of regulators to issue a warning

Binance, the world’s largest cryptocurrency exchange by trading volume, has responded to the warning issued by the South African Financial Sector Conduct Authority (FSCA) to the general public regarding its legal status in the country. As highlighted in a previous report by Coingape, the FSCA joined the long list of regulators to issue a warning

Ethereum
Altcoin News
Ethereum
Altcoin News

Empty Ethereum Addresses are Filling Up. What is Driving Ethereum’s Sustained Positive Outlook?

As the price of Ethereum (ETH), the world’s second largest cryptocurrency by market capitalization, grows to a new monthly high, retail traders, particularly the small coin holders do not want to pass off on the opportunity. At the time of writing, Ethereum is changing hands for $3,783.53, up 4.73% in the past 24 hours according

As the price of Ethereum (ETH), the world’s second largest cryptocurrency by market capitalization, grows to a new monthly high, retail traders, particularly the small coin holders do not want to pass off on the opportunity. At the time of writing, Ethereum is changing hands for $3,783.53, up 4.73% in the past 24 hours according

DeFi News
DeFi News

Powering DeFi and NFT Boost: OKEx Floats NFT marketplace

OKEx, one of the leading digital currency trading platforms is looking to help boost the mainstream adoption of decentralized finance (DeFi), and Non-Fungible Tokens (NFTs) with the launch of a DeFi Hub. As announced by the firm, the platform brandishes two major features including an NFT Marketplace as well as a DeFi Dashboard. The NFT

OKEx, one of the leading digital currency trading platforms is looking to help boost the mainstream adoption of decentralized finance (DeFi), and Non-Fungible Tokens (NFTs) with the launch of a DeFi Hub. As announced by the firm, the platform brandishes two major features including an NFT Marketplace as well as a DeFi Dashboard. The NFT

Altcoin News
Altcoin News

Bitcoin and Layer 1 Altcoins: A look into August’s Price Performance and Use Cases

As the top two digital currencies by market capitalization, Bitcoin (BTC) and Ethereum (ETH) had an impressive price action in August, however, the performance when compared to other layer 1 blockchain networks can be tagged as abysmal. According to data from ICO Analytics, Bitcoin saw a monthly growth of 13% to close the month at

As the top two digital currencies by market capitalization, Bitcoin (BTC) and Ethereum (ETH) had an impressive price action in August, however, the performance when compared to other layer 1 blockchain networks can be tagged as abysmal. According to data from ICO Analytics, Bitcoin saw a monthly growth of 13% to close the month at

News
News

Dfinity’s Internet Computer to Get its First Stress Test with ICPunk NFT Launch

The Internet Computer Protocol from the Dfinity foundation is about to get its first stress test with the scheduled launch of the pioneering Non-Fungible Token (NFT) on the decentralized network dubbed ‘ICPunks’. As unveiled by the project, a total of 10,000 ICPunks are meant to be minted, ushering in a more mainstream use case for

The Internet Computer Protocol from the Dfinity foundation is about to get its first stress test with the scheduled launch of the pioneering Non-Fungible Token (NFT) on the decentralized network dubbed ‘ICPunks’. As unveiled by the project, a total of 10,000 ICPunks are meant to be minted, ushering in a more mainstream use case for

Blockchain News
Blockchain News

Nigerian Central Bank Taps Bitt Inc to Help in its Digital Naira Development

The Central Bank of Nigeria (CBN) has contracted the services of global fintech firm, Bitt Inc in the developmental efforts targeted at its Central Bank Digital Currency (CBDC) project. The project codenamed ‘Project Giant’ has been under incubation since 2017, with the sole aim of digitizing the country’s official currency, the Naira. As contained in

The Central Bank of Nigeria (CBN) has contracted the services of global fintech firm, Bitt Inc in the developmental efforts targeted at its Central Bank Digital Currency (CBDC) project. The project codenamed ‘Project Giant’ has been under incubation since 2017, with the sole aim of digitizing the country’s official currency, the Naira. As contained in

New York Bitlicense Crypto Rules
News
New York Bitlicense Crypto Rules
News

Former Obama Adviser Nominated to Lead the New York State Department of Financial Services

The entire regulatory terrain at the New York State Department of Financial Services (NYDFS) is about to change, and perhaps the impact on the cryptocurrency ecosystem as the regulator is on track to get a new head. As reported by the Wall Street Journal (WSJ), New York Gov. Kathy Hochul has nominated Adrienne Harris,  a

The entire regulatory terrain at the New York State Department of Financial Services (NYDFS) is about to change, and perhaps the impact on the cryptocurrency ecosystem as the regulator is on track to get a new head. As reported by the Wall Street Journal (WSJ), New York Gov. Kathy Hochul has nominated Adrienne Harris,  a

Blockchain News
Blockchain News

FTX CEO on Public Debut Ambitions: “Now is Not the Time”

Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange has noted the lack of immediate interest by the firm in pursuing an Initial Public Offering in line with top crypto unicorns today. In an interview with Forbes, the billionaire CEO said that a very deep thought has been given to the idea of an

Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange has noted the lack of immediate interest by the firm in pursuing an Initial Public Offering in line with top crypto unicorns today. In an interview with Forbes, the billionaire CEO said that a very deep thought has been given to the idea of an

Blockchain News
Blockchain News

Crypto Unicorn Blockchain.com Has its Eyes on the Public Market

Luxembourg based digital currency exchange Blockchain.com is mulling the plans to conduct an Initial Public Offering (IPO) in a move to become a publicly traded company. As reported by Fortune, drawing on Macrina Kgil’s interview with Forbes, the company is looking at the possibility of conducting the IPO in 2023. Macrina who is the Chief

Luxembourg based digital currency exchange Blockchain.com is mulling the plans to conduct an Initial Public Offering (IPO) in a move to become a publicly traded company. As reported by Fortune, drawing on Macrina Kgil’s interview with Forbes, the company is looking at the possibility of conducting the IPO in 2023. Macrina who is the Chief

Cardano-ADA-Goguen-Charles-Hoskinson
Altcoin News
Cardano-ADA-Goguen-Charles-Hoskinson
Altcoin News

Top 3 Coins to Watch this Week: SOL, LUNA, ADA

The resurgence in the global digital currency market has stirred a number of remarkable jumps in the prices of various altcoins, most of whom decouple from Bitcoin (BTC) to chart their own course. The push of the global market cap above the $2 trillion benchmark has seen unprecedented contributions from altcoins other than Ethereum (ETH). 

The resurgence in the global digital currency market has stirred a number of remarkable jumps in the prices of various altcoins, most of whom decouple from Bitcoin (BTC) to chart their own course. The push of the global market cap above the $2 trillion benchmark has seen unprecedented contributions from altcoins other than Ethereum (ETH). 

Altcoin News
Altcoin News

Ethereum Gas Fee Hits 3-Month Making a Case for a Speedy ETH 2.0 Launch

Ethereum proponents who posited that the emergence of the London Hardfork will impact or solve the challenge of high network fees are clearly mistaken as the gas fee is gradually creeping back to new highs. According to Glassnode’s data, the average fee based on a 7-day Moving Average paid on the Ethereum network has topped

Ethereum proponents who posited that the emergence of the London Hardfork will impact or solve the challenge of high network fees are clearly mistaken as the gas fee is gradually creeping back to new highs. According to Glassnode’s data, the average fee based on a 7-day Moving Average paid on the Ethereum network has topped

binance coin
Price Analysis
binance coin
Price Analysis

BNB Witnessing Balance of Power as Price Gains Flattens

The price change of Binance Coin (BNB) is trailing the slip as observable in the broader digital currency ecosystem. Binance Coin is currently exchanging hands at $487.83, down 0.37% in the past 24 hours after paring off the gains accrued in the past days. The digital currency has largely resisted a massive dump from the

The price change of Binance Coin (BNB) is trailing the slip as observable in the broader digital currency ecosystem. Binance Coin is currently exchanging hands at $487.83, down 0.37% in the past 24 hours after paring off the gains accrued in the past days. The digital currency has largely resisted a massive dump from the

Exchange News
Exchange News

Former Facebook Veteran Joins Coinbase as Chief Marketing Officer

Kate Rouch, a former Facebook veteran has joined American trading platform, Coinbase Global as the Chief Marketing Officer. According to the announcement, Kate will be in charge of Coinbase’s global brand, product and performance marketing. The digital economy is fast growing with constant product evolution. Keeping up with these fast paced ecosystem is daunting, and

Kate Rouch, a former Facebook veteran has joined American trading platform, Coinbase Global as the Chief Marketing Officer. According to the announcement, Kate will be in charge of Coinbase’s global brand, product and performance marketing. The digital economy is fast growing with constant product evolution. Keeping up with these fast paced ecosystem is daunting, and

Blockchain News
Blockchain News

USAF Taps Constellation Network to Provide Blockchain Security for Data Sharing

The United States Air Force (USAF) has contracted the blockchain protocol, Constellation Network to develop a data security framework that will help in exchanging mission data securely across the Defense Transportation System (DTS). According to the shared press release, Constellation Network will be applying its inhouse developed blockchain protocol Hypergraph Transfer Protocol (HGTP) to the

The United States Air Force (USAF) has contracted the blockchain protocol, Constellation Network to develop a data security framework that will help in exchanging mission data securely across the Defense Transportation System (DTS). According to the shared press release, Constellation Network will be applying its inhouse developed blockchain protocol Hypergraph Transfer Protocol (HGTP) to the

Bitcoin-mining-selling
Bitcoin Mining
Bitcoin-mining-selling
Bitcoin Mining

Bitcoin Mining Difficulty Surges 13.24% as Miners Returns to Duty

The mining difficulty in the Bitcoin network has soared to its highest point for the first time in 4 weeks. According to data from Coinwarz, the current Bitcoin difficulty is 17.62 T at block 697,571, resulting in a Bitcoin mining difficulty increase of 13.24 % in the last 24 hours. The current surge is the

The mining difficulty in the Bitcoin network has soared to its highest point for the first time in 4 weeks. According to data from Coinwarz, the current Bitcoin difficulty is 17.62 T at block 697,571, resulting in a Bitcoin mining difficulty increase of 13.24 % in the last 24 hours. The current surge is the

Fundstrat-regulatory-clean-up-cryptocurrency
News
Fundstrat-regulatory-clean-up-cryptocurrency
News

Kyrgyzstan Reportedly Set to Bring Regulations to Crypto Exchanges

Kyrgyzstan is on track to bring a comprehensive regulation to the digital currency ecosystem through the legal frameworks upon which trading platforms are meant to function. As reported by local news platform 24Kg, the State Service for Regulation and Supervision of the Financial Market has prepared a corresponding draft regulation that is billed to govern

Kyrgyzstan is on track to bring a comprehensive regulation to the digital currency ecosystem through the legal frameworks upon which trading platforms are meant to function. As reported by local news platform 24Kg, the State Service for Regulation and Supervision of the Financial Market has prepared a corresponding draft regulation that is billed to govern

Altcoin News
Altcoin News

Ethereum: Bulls Maintains their Priority as Retail Investors Stack Up

As the Ethereum network journeys fast unto its proposed shift from the Proof-of-Work (PoW) network, to the highly anticipated Proof-of-Stake (PoS) blockchain dubbed Ethereum 2.0, a number of stakeholders in the blockchain ecosystem are positioning to get the best of from the anticipated changes. Just as previously reported, the challenges of the Ethereum network are

As the Ethereum network journeys fast unto its proposed shift from the Proof-of-Work (PoW) network, to the highly anticipated Proof-of-Stake (PoS) blockchain dubbed Ethereum 2.0, a number of stakeholders in the blockchain ecosystem are positioning to get the best of from the anticipated changes. Just as previously reported, the challenges of the Ethereum network are

NFT
News
NFT
News

Fetch.ai Floats NFT Platform for Arts Built Using Machine Learning

Blockchain-based artificial intelligence startup, Fetch.ai has announced the launch of Colearn NFT Art, a platform that will allow creators to develop art pieces based on a trained Machine Learning (ML) models. Per the capabilities of the new platform, up to 100 creators can build a single artwork by creating an abstract composition together and collectively

Blockchain-based artificial intelligence startup, Fetch.ai has announced the launch of Colearn NFT Art, a platform that will allow creators to develop art pieces based on a trained Machine Learning (ML) models. Per the capabilities of the new platform, up to 100 creators can build a single artwork by creating an abstract composition together and collectively

CFTC
News
CFTC
News

Digital Assets Regulations: Does the CFTC Have Broad Enforcement Authority over Crypto Derivatives?

As it relates to regulating the digital currency ecosystem, the conflicting position of the Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FINCEN), and the Commodity Futures Trading Commission (CFTC) have often confused crypto stakeholders. Drawing on its core roles, CFTC Commissioner Dawn D. Stump has issued a set of guidelines targeted at

As it relates to regulating the digital currency ecosystem, the conflicting position of the Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FINCEN), and the Commodity Futures Trading Commission (CFTC) have often confused crypto stakeholders. Drawing on its core roles, CFTC Commissioner Dawn D. Stump has issued a set of guidelines targeted at