[May 20, 2024 11:20 PM] In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster…
[May 20, 2024 9:37 PM] This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring…
[May 20, 2024 8:30 PM] To increase the capabilities of its Layer 1 (L1) blockchain, the Sei Foundation has announced a governance proposal to upgrade Sei to Version 2. This proposed upgrade will reportedly introduce a “high-performance, parallelized” Ethereum Virtual…
[May 20, 2024 8:14 PM] New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will…
[May 20, 2024 7:34 PM] The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name.
[May 20, 2024 6:30 PM] The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether…
[May 20, 2024 6:24 PM] Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206)…
[May 20, 2024 6:00 PM] In a fascinating twist for the Shiba Inu (SHIB) community, the rate at which SHIB tokens are being burned has increased significantly, even as the price of the meme coin shows modest gains. Recent data from the Shibburn explorer indicates a 62.58%…
[May 20, 2024 5:11 PM] Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4…
[May 20, 2024 5:00 PM] After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has…
[May 20, 2024 4:12 PM] Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital…
[May 20, 2024 3:00 PM] Crypto analyst TechDev has provided insights into the Bitcoin (BTC) future trajectory. The analyst hinted that the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then. History…
[May 20, 2024 2:56 PM] On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum…
[May 20, 2024 2:41 PM] Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread…
[May 20, 2024 1:16 PM] Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil…
[May 20, 2024 12:00 PM] Crypto analyst CrediBULL Crypto recently warned that Chainlink (LINK) could experience a 50% to 60% drop in its price. However, based on his explanation, LINK holders may not have cause to worry as such a price drop is part of the crypto token’s…
[May 20, 2024 11:34 AM] According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale…
[May 20, 2024 10:37 AM] Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that this strategy was “really stupid and a huge…
[May 20, 2024 9:40 AM] This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights…
[May 20, 2024 9:20 AM] With bitcoin’s price up 6.8% from last week, a dormant bitcoin address from 2013 became active for the first time in over 11 years, transferring 114.42 bitcoins valued at $7.67 million. Sleeping Bitcoin Wallet Awakens After 11 Years, Moves…
[May 20, 2024 8:10 AM] On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that…
[May 20, 2024 8:00 AM] The US crypto industry is engaged in an intense battle against the White House, with tensions reaching a boiling point over the Biden administration’s relentless push for onerous regulations and crackdowns on digital assets. According to…
[May 20, 2024 7:45 AM] Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will also join Grayscale’s Board of…
[May 20, 2024 6:49 AM] Ethereum’s price has been exhibiting a narrow intraday range between $3,048 and $3,139. With a market capitalization of $373 billion and a 24-hour trading volume of $9.83 billion, the cryptocurrency shows a mixed technical outlook. At 7:57…
[May 20, 2024 5:46 AM] As of May 20, 2024, bitcoin is trading at $67,224, reflecting a strong market performance. The cryptocurrency has experienced a 24-hour range between $66,000 and $67,431, with a market capitalization of $1.32 trillion and a trading volume of $21.18…
[May 20, 2024 5:30 AM] A crucial Bitcoin metric has just turned bullish, sparking optimism from a crypto analyst regarding an impending rally for Bitcoin. This unique technical pattern suggests that the world’s largest cryptocurrency could see its price ascending…
[May 20, 2024 5:21 AM] The Nigerian Securities Regulator has stated that cryptocurrency exchanges have complied with a directive to remove the local currency from peer-to-peer platforms. The acting director-general of the Nigerian Securities and Exchange Commission has…
[May 20, 2024 1:14 AM] The price of XRP, the native token of Ripple, seems to be teetering on the edge of a short-term decline, according to an analysis of on-chain data by NewsBTC. While bulls might want to hold their horses, the report paints a picture of a market…
[May 19, 2024 11:35 PM] The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we…
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