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South Africa ranks near the bottom of World’s best and worst pensions in 2023: Netherlands reclaims top spot

The Netherlands reclaims its crown as the world’s premier pension system, as reported by Bloomberg’s annual global index. With retirement systems worldwide facing unprecedented pressure, Iceland, last year’s leader, slips to second place, followed by Denmark in third. Israel stands alone with an ‘A’ rating in the Mercer CFA Institute Global Pension Index. The Dutch system is evolving from collective to individual structures, promising continued strong benefits. Nevertheless, many countries grapple with aging populations, government debt, and inflation, making personal retirement planning increasingly crucial. Argentina ranks lowest, while the US falls to 22nd place, Australia ranks 5th, the UK 10th,...

Ferrari Races Into Bitcoin: Luxury Car Maker to Accept BTC, Others From US Buyers

Luxury car manufacturer Ferrari is accelerating into cryptocurrency by accepting Bitcoin and other digital assets as payment for its vehicles in the United States. Ferrari announced its intention to welcome cryptocurrency payments for its cars in the US, with plans to expand this service to the European market soon. Prospective buyers will have the option to purchase cars using Bitcoin, Ethereum, and USDC. Ferrari’s Crypto Adoption This step sets Ferrari apart from some major companies that have been hesitant to embrace cryptocurrencies due to their volatility and regulatory uncertainties. Ferrari’s Chief Marketing and Commercial Officer, Enrico Galliera explained that this...

CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%

CertiK, a auditor of programming code for blockchains and smart contracts, has cut at least 30 jobs in response to "market dynamics." “In response to evolving market dynamics, CertiK undertook a strategic workforce adjustment today, impacting fewer than 15% of our colleagues," according to an emailed statement from co-founder and CEO Ronghui Gu. "Our primary aim is to recalibrate our team structure to better align with our long-term strategic aspirations. CertiK remains committed to our mission and is confident that these changes are essential steps towards achieving our goals.” The move adds to a wave of staffing reductions across the...

Bitcoin Indicators Show Weakness, is BTC Price Poised to Drop Lower?

Summary After a strong October, Bitcoin is down 2.6% on the week. The digital currency was met with resistance at the USD $27,000 level amid worsening macroeconomic conditions. Crypto analysts believe that investors should prioritise major coins like BTC and ETH during bear markets, regardless of short-term trends. Bitcoin will likely be the catalyst for a potential bull run in 2024 thanks to major events like BTC halving and spot ETF approval. The price of Bitcoin is down 2.6% on the week, with the coin falling below US $27,000 ($42,700) for the first time since the start of October. The...

Bitcoin Price Prediction as BTC Bounces from Recent Bottom – Is a Trend Reversal Near?

Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours.  This brings the overall live market cap of Bitcoin to a robust $525.29 billion. Current data from CoinMarketCap places Bitcoin unchallenged at its #1 position.  With a circulating supply of approximately 19.51 million BTC coins out of the maximum cap of 21 million, Bitcoin’s current resilience is evident. However, is this the first sign of an impending trend reversal? Bitcoin...

Marathon Digital Mines Invalid Bitcoin Block Amid Heightened BTC Volatility

MARA Pool, the Bitcoin mining pool operated by the publicly listed Marathon Digital Holdings, had a transaction ordering issue on September 27 after it mined an invalid block at block height 809478. The invalid block was first picked  by an X user, “0xB10C”, before Jameson Lopp, the CTO of Casa, a Bitcoin-focused company, later  confirmed it. Lopp scanned his node and noted that MARA Pool had spent an output before it was created, validating a double-spent transaction.  Bitcoin transaction ordering| Source: 0xB10C on X In Bitcoin, a mining pool or an individual miner can’t approve an “illegal” transaction originating from...

Shiba Memu: Why new meme cryptocurrency has won the hearts of investors?

Shiba Memu’s presale has raised over $2.85 million in its presale on solid demand. The price of the tokens in presale increases every day at 6 PM GMT Shiba Memu could rise 50x, reinforced by its popularity and meme token trends Buying meme cryptocurrencies might not be the right decision as crypto winter rages on. Leading meme names like Dogecoin and Shiba Inu continue to suffer in a bottomless drop. The bear market situation prompts investors to seek alternative tokens with the potential to explode. The entry of Shiba Memu (SHMU) into the scene has generated enthusiasm for meme investment....

Ethereum’s (ETH) Shifting Tide: Price Drop to 7-Month Low as Gas Fee Dips

Ethereum faced a significant setback last week, with its price plummeting to a seven-month low. Interestingly, the price decline coincided with the blockchain network total gas fee dropping to a three-year low. Over the past week, the broader crypto market experienced more volatility amid the ongoing war between Israel and Palestine over the Gaza Strip. ETH Price Drops to a 7-month Low During the period, ETH’s value saw a 6% decline, falling to around $1,520 as the Ethereum Foundation and major whale addresses dumped the asset. On October 9, the Foundation swapped approximately 1,700 ETH worth $2.7 million for the...

Bitcoin Price Forecast Next Week: Why BTC May Not Tap The $30K Level

Bitcoin has recently grabbed headlines with its fluctuating price of around $28K. While Bitcoin’s price is trying to accelerate buyer confidence, sellers are increasingly active near resistance levels. Consequently, the psychological $30K threshold seems unlikely to be reached by Bitcoin next week. This sentiment is further supported by various on-chain metrics, particularly the rising NVT signal.  HODLers Get Low Confidence In Bitcoin While Bitcoin initially upheld the ‘Uptober’ trend, it couldn’t sustain the momentum due to a profit-booking sentiment among long-term holders (LTH) or ‘Hodlers.’ Consequently, BTC’s price is indicating bearish on-chain metrics for the upcoming week. Glassnode data highlights...

Shiba Inu Leader Breaks Silence To Applaud Shibarium Projects

You are here: Home / News / Shiba Inu Leader Breaks Silence To Applaud Shibarium Projects In an exciting turn of events, the Shiba Inu leader, known by the community as Kusama, has publicly acknowledged the tireless efforts of the builders on the Shibarium blockchain. This commendation was made in a recent statement within the Shibarium Telegram group, where Kusama expressed his enthusiasm for the myriad of incredible projects taking shape. It’s worth noting that Kusama initially had a reserved stance towards the challenges faced by teams working on valuable projects through Shibarium. However, he has now broken his silence...