AI crypto yPredict will offer users trading insights through predictive analytics and machine learning models. Image by Lucky Ai, Adobe Stock. Crypto markets can be an emotional rollercoaster. Prone to extremes of both fear and greed, retail traders often find themselves succumbing to psychological biases that distort rational decision-making. FOMO (fear of missing out) can…
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The Nigerian fintech unicorn revealed on Dec.7 that it has obtained money transfer licenses in 13 U.S. states. Flutterwave’s partnership with a licensed financial institution also means that it can now serve customers in 29 states in the U.S. Flutterwave CEO suggested that the fintech hopes to expand its footprint in the country by securing…
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The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere. ‘Localizing Costs and Getting Closer to Customers’ The payments fintech…
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The Nigerian fintech Vella Finance recently informed users and subscribers that it would stop offering crypto related services starting on Oct. 30. According to co-founder Tolu Adedayo, offering crypto and banking services at the same time is not feasible, hence the decision to drop the former. Business Decision The Nigerian fintech startup, Vella Finance, has…
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Sixteen startups selected from over 1000 applications will present their projects to a global audience. Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups. Selected from over 1000 startup applications, the 16 participants of the second cohort…
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Blockchain data analytics platform Nansen’s CEO Alex Svanevik just outlined six themes that he thinks will play a role in the next “cycle” in the crypto market via a Tweet thread. Many analysts talk about macro themes such as potential easing of interest rates from the Fed and other major central banks, more certainty regarding…
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Trying to make the digital yuan more attractive for foreigners, China has added a “recharge before use” feature to its digital currency system. The upgrade will allow visitors from abroad to replenish a digital yuan wallet through the global payment networks Visa and Mastercard among other methods. China Allows Foreign Users of Its Digital Yuan…
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Initial plans called for a 2022 rollout, but economic conditions caused the project to be reportedly shelved last year. Apple and Goldman Sachs scrapped plans to launch an app for futures trading, CNBC reported on Sept. 19, citing people familiar with the plans. The project had an initial rollout date for 2022, but it was…
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The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally. Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them. While some countries like the United States and El Salvador have had…
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According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively working on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasized that bitcoin “is the most important asset in crypto” and added that the integration of LN would require more time. Coinbase on Track to Adopt Lightning Network, Says CEO Brian Armstrong…
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