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Chinedu Agbakwusi

Chinedu Agbakwusi is a news writer and editor for Crypto2Community. He is a crypto enthusiast with vast experience across several crypto-related projects and platforms. Chinedu has been following the development of the crypto market for several years, and he is optimistic about its potential to democratise the global financial system. He hopes to be a reliable plug for reporting trends and breaking down complex concepts to his readers. Agbakwusi's previously written for several crypto news including Times Tabloid, UPay, while also contributing over the years to many others leading media publications.

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Crypto News

Bitcoin and Ethereum Whales See Sharp Declines in Activity After Mid-August – Possible Implications?

Crypto News1 years ago

By Chinedu Agbakwusi9/11/2024

Highlights: Bitcoin and Ethereum whales’ transactions have shown a sharp decline since mid-August. Santiment revealed that the declining activities do not hint at a potential bearish trend. Bitcoin and Ethereum selling prices mirrored slight declines as they stabilized at about […]

Crypto News

ETH ETFs End 5-Day Losing Streak as BTC ETFs Mark Second Day of Inflows

Crypto News1 years ago

By Chinedu Agbakwusi9/11/2024

Highlights: ETH ETFs have ended a 5-day losing trend, with net inflows from two commodities. BTC ETFs witnessed gains from three entities, marking a second consecutive day of accumulating gains. Ethereum price remained relatively stable as Bitcoin dropped momentum from […]

Crypto News

Investors Dump $850 Million in Bitcoin Amid Slight Upswing

Crypto News1 years ago

By Chinedu Agbakwusi9/10/2024

Highlights: $850 million was deposited in Bitcoin sales as traders rallied to take advantage of BTC’s slight upswing. Over 200K BTC reportedly exited crypto exchanges in two months, depleting Bitcoin reserves. Profitable Bitcoin holders surged following the subtle price spikes […]

Crypto News

BTC ETFs End 8-Day Outflow Streak as ETH ETFs Extend Losses to 5 Days

Crypto News1 years ago

By Chinedu Agbakwusi9/10/2024

Highlights: Bitcoin ETFs have ended its 8-day outflow streak with $26 million in net inflows. ETH ETFs record another net outflow to extend its losses to five consecutive days Bitcoin and Ethereum see subtle increments in their day-to-day variables, hinting […]

Crypto News

VanEck Executive Dismisses Election Impact as Bernstein Predicts a $90K BTC Surge with Trump Win

Crypto News1 years ago

By Chinedu Agbakwusi9/9/2024

Highlights: A VanEck executive has dismissed election impact as he counters Bernstein’s recent Bitcoin price prediction. Bernstein’s research report projected BTC at a $90,000 maximum price if Trump emerges victorious in the polls. Conversely, the token could drop to $30,000 […]

Crypto News

Ethereum Network Activity Soars to a 4-Month High: Here’s Why It Matters

Crypto News1 years ago

By Chinedu Agbakwusi9/9/2024

Highlights: Despite the poor market outlook, Ethereum network activity has reached a 4-month high. The activity surge implies faith in ETH’s price appreciation potential. Ethereum market sentiment remained largely bearish, implying that the network activity spike had little or no […]

Crypto News

Whale Moves 95 Million XRP to Binance – What’s Next for XRP?

Crypto News1 years ago

By Chinedu Agbakwusi9/7/2024

Highlights: A whale has shifted 95 million XRP ($49.68 million) to Binance exchange. The large investor’s market action could impact XRP’s price if it entails token sell-offs. XRP has remained above $0.5 despite recording declines in its specific periods’ price […]

Crypto News

Binance Secures Regulatory Approval in Kazakhstan, Moves Closer to Full Licensing

Crypto News1 years ago

By Chinedu Agbakwusi9/6/2024

Highlights: Binance has secured regulatory approval in Kazakhstan, marking a significant landmark in the trading platform’s global penetration goals. The Astana Financial Services Authority (AFSA) endorsed the approval. Binance’s license will remain partial, pending the comprehensive operational permit approval. On […]

Crypto News

Switzerland’s Zurich Cantonal Bank Embraces Bitcoin & Ethereum Trading Options

Crypto News1 years ago

By Chinedu Agbakwusi9/4/2024

Highlights: Switzerland’s Zurich Cantonal Bank recently announced in a press release that it has embraced Bitcoin and Ethereum trading options. The cryptocurrency transactions will involve storage and trading options on ZKB’s Mobile Banking. ZKB revealed that the new trading options […]

Crypto News

Binance Transfers South African Derivatives Arm to Bahrain

Crypto News1 years ago

By Chinedu Agbakwusi9/3/2024

Highlights: Binance has transferred its South African derivatives arm to its Bahrain subsidiary. The trading platform cited regulatory concerns and the need to sustain its services for South African users as the reason behind the decision. Affected users must complete […]

Crypto News

Bitcoin Hits Lowest Closing in Six Months as Expert Weighs In on September Outlook

Crypto News1 years ago

By Chinedu Agbakwusi9/2/2024

Highlights: Bitcoin has hit its lowest closing in six months despite beginning August on an impressive note. A renowned market expert does not foresee a positive outlook for the flagship cryptocurrency in September. Contrary to Bitcoin, the United States stock […]

Crypto News

Vitalik Buterin Dismisses Claims of Selling Ethereum for Profit

Crypto News1 years ago

By Chinedu Agbakwusi8/31/2024

Highlights: Ethereum co-founder Vitalik Buterin has dismissed claims of selling Ethereum for profits. The co-founder asserted that every proceeds from Ethereum sales went into the Ethereum ecosystem expansion and other charity deeds. Ethereum’s price remained relatively stable, evidenced by minimal […]