Crypto Investors Archives - Cryptolifedigital

Unveiling Potential Game-Changers: Top Cryptocurrencies for 2024

11Apr

By CryptolifedigitalNo Comments

Crypto Guides

Unveiling Potential Game-Changers: Top Cryptocurrencies for 2024

The cryptocurrency market thrives on innovation and volatility, making it a breeding ground for potential windfalls. Identifying the next big investment can be daunting, but three contenders stand out – Retik Finance (RETIK), Solana (SOL), and Dogecoin (DOGE). Let's explore why these cryptocurrencies could be poised for significant growth by the end of 2024. Retik Finance (RETIK): A DeFi Revolution Retik Finance (RETIK) isn't just another DeFi project; it aspires to revolutionize global transactions. Built on accessibility, security, and efficiency, RETIK has captured the attention of both retail and institutional investors. What truly sets RETIK apart is its resilience during market downturns. While major cryptocurrencies faltered in early 2024, RETIK surged by a staggering 400%. Thi...

DZ Bank To Launch Crypto Retail Pilot Program Soon

1Feb

By Daniel AbangNo Comments

Cryptocurrency

DZ Bank To Launch Crypto Retail Pilot Program Soon

DZ Bank Which is the Second Largest Bank by asset in Germany has stated its plan to launch a Crypto Trading Pilot Program later this year. This information was revealed by Souad Benkradda who is a board member of the Bank in an interview earlier today with Bloomberg. According to Benkradda: "In the course of the year, we will go into the pilot phase for the retail trade of cryptocurrencies with the first cooperative bank" The Demand For Crypto Services Among Germans Since last year, German-based financial Institutions like Deutsche Bank have been sending off crypto-related services. Referring to information from Genoverband, a German-based cooperative educational institution, Benkredda expressed that one out of two banks in Germany has been wanting to offer crypto trading ser...

Nigeria’s Policy Shift Unleashes Potential for XRP Surge as Banks Reconnect with Crypto Exchanges

30Dec

By CryptolifedigitalNo Comments

XRP News

Nigeria’s Policy Shift Unleashes Potential for XRP Surge as Banks Reconnect with Crypto Exchanges

In a pivotal move that marks a significant turning point for XRP, Nigeria has recently altered its policy concerning commercial banks and their interactions with cryptocurrency exchanges. This development, highlighted in a recent Forbes report, follows a circular issued by the Central Bank of Nigeria (CBN) on December 22nd, granting Nigerian banks permission to engage with crypto exchanges. This decision signifies a remarkable shift in Nigeria's approach to cryptocurrencies, transitioning from restriction to inclusion and positioning the country among those with clear crypto regulations. Read Also: Terraport's TERRA Token Achieves Coingecko Listing Milestone https://twitter.com/notgwera/status/1738311027266138374?s=19 CBN Once Banned Crypto In Nigeria Nigeria had previously imposed...

17Mar

By CryptolifedigitalNo Comments

Crypto Guides

All To Know About Crypto Trading

Crypto trading is one the fastest way that people benefit from when it comes to blockchain activities. Although there are other ways of making fast money in the world of cryptocurrencies, the most lucrative way to earn is through trading. However, trading is not for Newbies, this is because it involves high financial risk. It is very dangerous to go into cryptocurrency with the intention of benefitting from trading. As a beginner, you should monitor the activities of the crypto world before you finally make up your mind on trading. In the period of monitoring cryptocurrencies activities, you should engage is breath taking research, the more you read about the field you want to go into, the more it gives you the idea on what to do. What then is Crypto Trading? Crypto trading c...

Grayscale’s Ethereum Fund Is trading With A Huge Discount On NAV.

20Jun

By Cryptolifedigital3 Comments

Cryptocurrency

Grayscale’s Ethereum Fund Is trading With A Huge Discount On NAV.

Grayscale’s Ethereum and Bitcoin funds are trading with a huge discount on NAV due to the lack of demand and constantly occurring selling pressure. These make them tentatively attractive to the investors who have not yet received exposure to the market via spot assets. What is Grayscale Cryptocurrency Fund? This was one of the famous ways to receive eye-opening to the cryptocurrency market, and it was largely used by institutional investors long before the appearance of Bitcoin or even Ethereum futures exchange-traded funds, and presently, Ethereum fund by Grayscale gives large discounts on NAV. Read Also: Dogecoin's large transactions rose 68% Due To Whales' Activities. Reason for the Discount on Net Asset Value (NAV) Large selling pressure which c...

Do Kwon, Terraform Labs CEO Encourages The Crypto Investors “Be The Change You Want To See”

18Jun

By Cryptolifedigital2 Comments

Cryptocurrency

Do Kwon, Terraform Labs CEO Encourages The Crypto Investors “Be The Change You Want To See”

“Be the change you want to see” is a statement of the CEO of Terraform Labs to the crypto investors. He dwelled much on the fact that there are lessons to note from the occurrence that left some negative impacts on the crypto industry in recent months. The Why for the statement “Be the change you want to see” In the words of Kwon to the crypto investors which was recently shared in the series of tweets a few hours ago, following the recent collapse of the Terra ecosystem and the creation of the new blockchain as a repair mechanism for the collapsed one. Read Also: Elon Musk To Reimburse Investors Sum Of $86 Billion, Plus Pay Double That In Damages — An Additional $172 Billion. https://twitter.com/stablekwon/status/1538066680747728897 He said rather than causing a se...

Elon Musk To Reimburse Investors Sum Of $86 Billion, Plus Pay Double That In Damages — An Additional $172 Billion.

18Jun

By CryptolifedigitalNo Comments

Press Release

Elon Musk To Reimburse Investors Sum Of $86 Billion, Plus Pay Double That In Damages — An Additional $172 Billion.

Elon Musk, a centibillionaire, and CEO of Tesla and SpaceX had filed $258 billion for promoting Dogecoin which lead to the loss of a huge amount of money by the investors. Keith Johnson who claims to be one of the investors says he lost money after investing in dogecoin and described himself as an “American citizen who was defrauded” by what he called a “Dogecoin Crypto Pyramid Scheme.” Read Also: QUIC Protocol Will Be Implemented on the Solana Network To Eradicate Performance Declination He is asking for his motion, filed in a New York court, to be classified as a class-action suit on behalf of those who have suffered losses by investing in dogecoin since 2019. Since the inception of Dogecoin’s promotion by Musk, investors have lost almost $86 billion according to...

Ripple CEO States Reasons While Ripple Survive Despite Crypto Bear Market And Advice New Crypto Members ” this too shall pass”

14Jun

By Cryptolifedigital3 Comments

Blockchain

Ripple CEO States Reasons While Ripple Survive Despite Crypto Bear Market And Advice New Crypto Members ” this too shall pass”

Despite the bearish in the crypto which has made almost all the crypto firms stop hiring or trying to reduce their employees, Garlinghouse of Ripple says they were able to weather the previous market bear downturns by having the experienced executives, focusing on the long-term and operating with transparency. Read Also: Walken, A Protocol Powered will launch on 20th June in collaboration with Bybit as the first listing platform for its token $WLKN. “The market is likely going to shrink in the near term, but I and many others have every ounce of confidence that crypto will succeed in the future as an integral part of our global financial systems. Slow and steady wins the race,” Brad Garlinghouse added. He went further giving word to some of the new members in the crypto indu...