Crypto News

The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in the country’s stance on digital currencies. While cryptocurrency is currently illegal in Ethiopia, the NBE is closely monitoring global developments in central banking and maySource link

XRP dropped 3% in the past 24 hours, leading losses among major tokens as bitcoin (BTC) started the festive week in the red and Japanese bitcoin accumulator Metaplanet (3350) announced its biggest purchase.The Tokyo-listed company said it bought a record 619.70 BTC for 9.5 billion yen ($61 million) in a move that lifted its BTC holdings by 54%.BTC is still 1.5% lower over 24 hours, CoinGecko data shows, with ether (ETH), Cardano’s ADA, Solana’s SOL and dogecoin (DOGE) all down as much as 2%. Chainlink’s LINK and Tron’s TRX gained, while the broad-based CoinDesk 20 (CD20) index fell 1.39%.Metaplanet has now acquired 1,762 BTC for 20.87 billion yen ($133.2 million), with an average purchase price of 11.85 million yen. Between...

"Currently you arrive in the Web3 city and its logos and lights are everywhere, but little else," co-founder Jonathan Knegtel told Decrypt.Source link

Surging user numbers, sports sponsorships and the platform’s December reserve report have underpinned gains for its native token.Source link

The Press Chief of Estudiantes de Río Cuarto, an Argentine second-division soccer team, has vanished after allegedly swindling millions from the team using a crypto investment platform. Press Chief of Argentine Soccer Team Vanishes, Leaving Million-Dollar Debt Linked to Crypto Investment Platform Matías Centurión, the press chief of Estudiantes de Río Cuarto, a second-division soccerSource link