Features TheBitTimes.com

K33 Research’s report shows the crypto market exhibits a bullish trend as Bitcoin maintains a steady trading range and altcoin s, like Solana, experience significant gains amid new technological developments and market speculation. In recent weeks, the crypto market has shown signs of bullish behavior, with particular attention on the movements of Bitcoin and a variety of altcoins, as detailed in a recent K33 Research report. Stability marks Bitcoin’s current state, as its value oscillates between $34,000 and $36,000. This steadiness, however, has come with a slight reduction in its market dominance, which has dipped from 53.1% to 51.5%. BTC dominance has declined from 53.1% to 51.5%, caused by non-ETH altcoin s pushing higher. Simultaneously, Bitcoin derivatives markets are growing more optimistic. Read more, including the monthly outlook, in this week's Ahead of the Curve https://t.co/miuF6Vzose pic.twitter.com/ekwsNCWb8j — K33 Research (@K33Research) Nove...

The Central Bank of Nigeria has issued an official statement in response to reports circulating on various media platforms. These reports suggested that the eNaira, Nigeria’s pioneering central bank digital currency (CBDC), posed a potential threat to the nation’s financial stability . The statement, dated October 9, comes as a direct response to these media claims. It underscores the Central Bank of Nigeria’s unequivocal stance that the eNaira project is in no way a peril to the country’s financial stability. A particular news piece, published in Nigeria’s daily newspaper, “Punch,” references the Central Bank’s recently published report, titled “Economics of Digital Currencies: A Book of Readings.” The report from the Central Bank of Nigeria’s experts emphasizes the gradual ascent of eNaira adoption. They note that it presently accounts for a mere 0.2% share when compared to the liquidity of Nigerian banks. It’s...