The Nigerian Securities and Exchange Commission (SEC) recently announced that two local crypto exchanges, Busha Digital Limited and Quidax, have received an “Approval-in-Principle” to start operating under the Accelerated Regulatory Incubation Program (ARIP). This initiative was created to onboard operational firms before the release of the Rules on Virtual Asset Service Providers in May 2022,
The past week has been quite a rollercoaster for Bitcoin and the cryptocurrency markets as it witnessed significant fluctuations. Bitcoin started the week on a high note, with a quick surge from $60,000 to over $64,000 on Saturday. This spike was fueled by bullish developments on US soil, including hints at interest rate cuts by
Recently, Floki Inu (FLOKI) experienced a significant drop in price, losing its position among the top 5 meme coins. The token saw a sharp decline of nearly 20%, with its market capitalization falling to $1.23 billion. This decline allowed Bonk Inu (BONK) to surpass FLOKI and claim the fifth spot, with a market cap of
Blowfish Studios, a game studio under Animoca Brands, is set to release a groundbreaking new medieval-themed multiplayer PvP game called DarkTimes. This game is not your typical battle royale; instead, it introduces a unique concept known as a brawler royale. The development team behind DarkTimes has taken inspiration from Nordic mythology to create a dark
Elon Musk, the controversial CEO of Tesla Inc., recently emerged victorious in a high-profile lawsuit alleging market manipulation of Dogecoin. The $258 billion lawsuit filed by disgruntled investors accused Musk and his company of artificially inflating the price of the meme-based cryptocurrency through social media and public statements. However, U.S. District Judge Alvin Hellerstein dismissed
Recently, popular crypto exchanges Binance and Bybit have dropped hints about launching new Solana-related products. The cryptic messages posted by Binance’s official X account, stating “BNSOL” and “coming soon,” along with Bybit’s announcement of a new product called “bbSol,” have led to speculation within the crypto community. While both exchanges have remained tight-lipped about the
Cardano (ADA) has faced significant challenges in recent years, struggling with stagnant price growth despite being a popular altcoin in the crypto space. Analysts have offered insights into why Cardano has underperformed compared to other coins, while also predicting a potential 1,000% rally to new highs this cycle. Insights from Analysts Crypto analyst Max Maher
The recent seven-day chart revealed a mixed bag for major crypto assets, with most top coins experiencing a downward trend. However, amidst this sea of red, Popcat stood out with an impressive 52% weekly gain by midday Wednesday. This surge in price can be attributed to a combination of factors, including its substantial market capitalization
Cryptocurrency traders are constantly on the lookout for the perfect opportunity to buy Bitcoin at the bottom of the market. In this pursuit, many analysts have turned to various indicators to predict the optimal time to make a move. One such analyst, R.N. Elliot, has recently put forth a compelling argument for why now may
If you are considering entering the cryptocurrency market, one important aspect to consider is the age requirements for buying and selling crypto. It is crucial to understand the legal restrictions and guidelines surrounding the minimum age needed to participate in these transactions. By having a clear understanding of these age restrictions, you can ensure compliance