President Yoweri Kaguta Museveni recently bid farewell to the outgoing Ambassador of the Netherlands to Uganda, H.E Karin Boven, at State Lodge, Nakasero. After four years of dedicated service, H.E Boven ended her tour of duty in Uganda, leaving behind a legacy of excellence and commitment. During the farewell ceremony, President Museveni expressed his appreciation…
Early 2024 MVRV Z-Score spike signaled possible correction phase for Bitcoin Understanding the MVRV Z-Score Have you ever heard of the MVRV Z-Score? No? Well, you’re not alone! This unique metric is used to evaluate whether Bitcoin is overvalued or undervalued relative to its “fair value”. Forget about traditional z-scores – the MVRV Z-Score takes…
Weak USD and Strong CHF: An Overview Market Sentiment and Currency Strength This week, the USD has shown signs of weakness after a period of strength, primarily due to some risk-off sentiment in the market. It seems that sentiment has been the driving force behind recent market movements, with soft US inflation figures only solidifying…
Kraken says it patched a bug that would have allowed exploiters to inflate account balances Introduction Recently, Kraken made headlines when it announced that it had patched a bug that could have potentially allowed users to inflate their account balances. The bug was discovered by a security researcher, who found that connected accounts were able…
Trump, known for making bold claims and promises, recently took to the stage at a rally in Racine, Wisconsin, where he vowed to put an end to what he called Biden’s “war on crypto.” The crowd cheered as Trump declared his intention to ensure that the future of crypto, particularly Bitcoin, would be made in…
South Korea’s Financial Supervisory Service (FSS) Clarifies Role Amid Crypto Compliance Crackdown The Rumors On June 17, reports emerged that the FSS had instructed registered crypto exchanges, including Upbit, Bithumb, and Gopax, to evaluate several tokens on their platforms. This directive aligns with the Virtual Asset User Protection Act, but caused some confusion and panic…
The FLOCKA Token Debacle: A Red Carpet Turned Red Flag On June 17th, the cryptocurrency world witnessed the highly-anticipated launch of rapper Waka Flocka Flame’s FLOCKA token. The red carpet was rolled out, and investors were buzzing with excitement. However, what started as a glamorous affair quickly turned into a nightmare, leaving many scratching their…
SEC head of crypto asset enforcement David Hirsch exits agency Goodbye to a Crypto Enforcement Chief SEC crypto asset enforcement chief David Hirsch announced his departure from the agency on June 17. Hirsch said he served at the agency for almost nine years before his exit. He said he was “proud of the historic work…
