The Nigerian government’s recent move to consider imposing fines of up to $10 billion on Binance has raised eyebrows in the crypto community. The government accuses the exchange of profiting from illegal transactions in the African country, leading to significant losses for the nation. According to reports, Binance operated in Nigeria without proper registrations, which
In 2024, AI-related coins have shown a significant increase in value, with a combined return of 76% since the beginning of the year. The Artificial Intelligence (AI) coins market saw a 7% surge in just one day, pushing the market cap to an impressive $19.8 billion within a 24-hour period. Renowned entrepreneur and Bitcoin investor,
The availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks has seen a sharp decrease, with reports indicating that at one point, only around 40 BTC were available for sale. This development has significant implications for the market and could potentially signal a new era in BTC trading dynamics. The CEO and founder of Custodia Bank,
MixMob, a gaming platform powered by the Solana blockchain, has made waves in the gaming industry with its recent partnership announcement with Shepperton Design Studios and Andrew Ainsworth. What sets this collaboration apart is the unconventional route taken to secure the partnership. Rather than going through the traditional channels of Disney or Lucasfilm, MixMob has
Cardano (ADA), a leading cryptocurrency ranked ninth in the market, has recently experienced a significant price breakout, surging to $0.710 on Thursday, a level not seen since May 2022. This breakout marks a crucial moment for ADA as it emerges from a prolonged consolidation phase that has spanned the latter part of 2023 and the
The recent agreement between crypto exchange Gemini and the New York Department of Financial Services (NYDFS) marks a significant milestone in the aftermath of the defunct Gemini Earn Program. The settlement deal requires Gemini to reimburse a minimum of $1.1 billion to customers who were affected by the program’s failure. This development sheds light on
Justin Sun, the co-founder of Tron, has once again made headlines in the cryptocurrency world with his recent transactions involving millions of dollars. According to Lookonchain data, Sun reportedly transferred 100 million USDT to Binance on February 29th, just days after moving significant sums earlier in the week. This comes after a wallet associated with
Bitcoin, once known for its limitations in scalability, has undergone a significant transformation in recent years. Originally only capable of processing seven transactions per second, in contrast to Visa’s 24,000, Bitcoin struggled to handle large transaction volumes. Additionally, the lack of support for smart contracts relegated it to a secondary position behind Ethereum in the
Hunter Horsley, the CEO of Bitwise, has made some bold predictions about the future of Bitcoin. He believes that Bitcoin has the potential to reach $250,000 in the near future, a price point that is far beyond its current value of $62,000. Horsley also envisions Bitcoin surpassing gold as a valuable asset, with the cryptocurrency
The world of gaming has always been a competitive and ever-evolving environment, with new games constantly vying for the attention of players. One such game that has been making waves in the gaming community is Parallel, an NFT trading card game that promises a unique gameplay experience set in a captivating space opera universe. With
Ripple has recently joined forces with the Axelar Foundation to enhance interoperability within the XRP Ledger (XRPL) blockchain. This partnership is poised to focus on advancing the tokenization of real-world assets (RWAs), a trend that has been gaining momentum in the crypto industry. By integrating the Axelar network with XRPL, the aim is to bolster
Senator Elizabeth Warren recently expressed her willingness to engage with the crypto industry as long as players in the industry adhere to regulatory standards similar to those in traditional finance. In a Bloomberg interview on February 27, Warren emphasized the importance of collaboration but questioned why the industry seems to advocate for space for criminal
As Bitcoin continues its rally, hitting $61,000 for the first time since November 2021, the altcoin markets are also seeing a surge. With the BTC price rising by 7% in a single day, investors are looking for the best meme coins to buy in hopes of maximizing their gains. The surge in Bitcoin’s price can
Bitcoin (BTC) has experienced a remarkable 5% increase in value within the last day, bringing it closer to the highly anticipated $60,000 mark. The surge in price is attributed to a surge in investor interest in the world’s largest cryptocurrency, reaching levels not seen since the boom of 2021. The recent spike in demand coincided
In a time where the digital world continues to influence and intersect with traditional art forms, the collaboration between Robinhood and Notable.art stands out as a prime example. The partnership aims to bring the work of prominent artist Hunt Slonem to a wider audience through the utilization of Non-Fungible Tokens (NFTs). This innovative approach bridges
The Chamber of Digital Commerce recently filed an amicus curiae in defense of crypto exchange Kraken in response to a lawsuit brought forth by the US SEC. The purpose of the amicus brief is to challenge the SEC’s attempts to regulate the digital asset industry through enforcement actions rather than legislative authority. The Chamber emphasized
Cardano (ADA) is showing promising signs of breaking into new price levels in the near future. The on-chain data and adoption growth are strong indicators of this potential rise. The creation of new wallets on the Cardano blockchain has experienced significant spikes on several days since the beginning of February, suggesting a possible influx of
The price of Bitcoin has recently skyrocketed, surpassing $56,000 and reaching nearly $57,000 according to CoinGecko’s data. This surge has pushed the market capitalization of Bitcoin over the $1.1 trillion mark. Despite already being up over 135% in the past year, many prominent investors and analysts believe that Bitcoin is just at the beginning of
Pepe Coin (PEPE) has seen a significant surge in price, up close to 50% in the past 24 hours. Currently priced at around $0.00000227, the momentum has been building since breaking above the $0.0000019 resistance level. With the potential to return to its previous record highs around $0.0000045, there is a near-term upside potential of
The Bitcoin Fear & Greed Index has recently surged to its highest level in almost three years, reaching the point of Extreme Greed at a rapid pace. This index serves as a measure of investor sentiment and provides insights into how investors perceive the market. With categories ranging from Extreme Fear to Extreme Greed, the
HTX, previously known as Huobi, has resubmitted its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. The Securities and Futures Commission (SFC) website confirmed this move, which comes after HTX withdrew its initial application without explanation. The reinitiation of the application process on Feb. 26 indicates a renewed effort by the
Crypto analyst Rager recently shared some valuable insights for investors looking to navigate the volatile world of Bitcoin and Ethereum. In a series of social media posts, Rager highlighted the importance of timing in the current market cycle. He pointed out that the upcoming Bitcoin Halving event could present a significant opportunity for savvy investors
Shiba Inu, the second-largest meme coin by market capitalization, has recently seen a significant increase in daily active addresses. This surge, with over 3,500 daily active addresses, represents a 13% increase. The rise in active addresses indicates a growing interest in the asset and potentially a higher demand from investors. This trend could have a
The world of NFTs has been buzzing with excitement over the upcoming release of the popular game, Dookey Dash. Originally launched as an exclusive game for NFT owners only, Dookey Dash is now set to make a comeback this spring with a free-to-play version called “Unclogged.” This transition from a restricted gameplay model to one
In a bold move, a group of Senate Republicans, led by Senator Ted Cruz of Texas, is making legislative moves to limit the Federal Reserve’s ability to introduce a central bank digital currency (CBDC). This action is causing a stir in the political sphere, with implications for the 2024 presidential campaign discussions. The proposed bill,
The recent network outage on the Solana blockchain has caused a ripple effect in the world of cryptocurrency investment. After experiencing steady inflows throughout the year, Solana-based investment products faced a setback with a bug that caused transactions to enter an infinite loop, ultimately affecting the network’s functionality. This incident led to a significant drop
As the price of Bitcoin continues to stabilize and the markets experience a level of uncertainty, the crypto community is divided on the future of BTC. Some are predicting a crash, while others are optimistic about a potential upward surge. One such individual is Crypto Jelle, a well-known Cryptocurrency analyst and investor, who recently shared