Crypto apps get bull treatment in Q1: Binance tops the list : App downloads of global crypto exchanges stand as a clear indicator that digital finance is rapidly expanding into the mobile world. In the first quarter of 2024, Binance’s mobile app emerged as a leading platform in the fintech space, recording over 6.3 million downloads, driven by the crypto market’s resurgence and events like the approval of spot Bitcoin ETFs.
In the wake of the first quarter of 2024, the crypto landscape continues to surge, punctuated by the price of Bitcoin reaching a record high of over $73,600 on March 14.
Mobile applications have emerged as the primary gateway for the majority of crypto users, serving as vital tools for engagement, trading and access to the crypto ecosystem. The prevalence of mobile apps underscores a significant shift toward mobile-centric interactions, setting the stage for a deeper, more intuitive connection with the digital finance ecosystem. #cpi #bitcoinhalving #BullorBear #Memecoins #BinanceLaunchpool
#MyFirstFeedPost Nigeria’s government is blaming Binance for its own mismanagement : The naira is failing, and Nigerians are looking to alternatives. Yet, the Nigerian government is looking for anything other than its own actions to blame. In doing so, the government has somehow named Binance as the culprit for the naira’s crash and detained two of its employees in the process. Rather than creating money that people choose to run to, governments often look to instead create restrictions that trap people with money they wouldn’t otherwise use. The Nigerian government created a central bank digital currency (CBDC), caused a cash shortage, banned cryptocurrency, lifted the ban on cryptocurrency, blocked access to exchanges, detained foreign citizens, and is now considering a ban on cryptocurrency once again. Nigeria expressed more interest in cryptocurrency in 2023 than any other country in Africa, according to a coingecko study.
#MyFirstFeedPost NASA created a VR metaverse to prep astronauts for life on the lunar space station : “When they slip on their headsets, they're not just seeing the station—they're in it,” according to a NASA blog post. While most of us spend our time in the #metaverse trading assets or bopping around in virtual realities on legless avatars, astronauts working with NASA and #SpaceX are using it to prepare for life aboard a lunar space station that hasn’t been built yet. The first humans to make their homes in deep space, according to NASA, will be the team tasked with operating a space station currently under development called “ gateway NASA, in a recent blog post, described Gateway as a “next-generation science lab, solar-powered spaceship, and home-away-from home” for international astronauts. The U.S. says Gateway will make its off-Earth debut no sooner than 2025 when its critical power and propulsion systems are set up in orbit around the Moon. #cpi #bitcoinhalving #BullorBear #Memecoins