Ethereum (ETH) has been facing a challenging time in the market, with its price hovering between $2,300 and $2,800 since the beginning of August. Despite efforts to break past the $2,600 mark, ETH has failed to gain momentum, causing concerns among analysts and investors alike. This lackluster performance is particularly disappointing when compared to Bitcoin’s
The crypto industry is experiencing a significant shift away from the United Kingdom due to the burdensome and time-consuming regulatory processes imposed by the Financial Conduct Authority (FCA). According to a report by the Financial Times, registrations for crypto asset exchanges and custodian wallet providers have decreased by more than 50% in the past three
The issue of centralization in the cryptocurrency space remains a contentious topic, with some of the popular project tokens such as Polygon (MATIC) and Shiba Inu (SHIB) coming under scrutiny for the high concentration of holdings among the top wallets. According to data from Santiment, Polygon’s top ten wallets collectively control a staggering 69.4% of
Recent reports have surfaced regarding Ethereum co-founder Vitalik Buterin’s significant transfers of ETH, totaling millions of dollars. Buterin made two notable transfers, one involving 800 ETH worth $2.01 million, and another involving 3,000 ETH valued at approximately $8.04 million. These transfers have reignited debates within the Ethereum community regarding the role of ETH as a
Recently, the Nigerian Securities and Exchange Commission (SEC) granted Approval-in-Principle to two local crypto exchanges, Busha Digital Limited and Quidax. This move signifies the SEC’s commitment to promoting innovation while safeguarding investors in the digital asset space. With the Accelerated Regulatory Incubation Program (ARIP) in place, operational firms are being onboarded ahead of the anticipated
Floki Inu (FLOKI) recently experienced a significant drop of approximately 20%, causing it to lose its position among the top 5 meme coins. The current price of FLOKI stands at around $0.0001272, with a market capitalization of $1.23 billion. This decline allowed Bonk Inu (BONK), with a market cap of $1.25 billion, to surpass Floki
The cryptocurrency markets experienced a whirlwind of activity over the past week, with bitcoin taking investors on a rollercoaster ride. The week started on a high note, with BTC soaring past $65,000 for the first time in weeks. However, this upward momentum was short-lived, as the asset quickly retraced its gains and slipped beneath $58,000
Blowfish Studios, a flagship game studio under Animoca Brands, is currently in the process of developing an intriguing multiplayer PvP game called DarkTimes. Drawing inspiration from Nordic mythology, DarkTimes is set in a dark and fantastical world that combines fast-paced combat with RPG elements. What sets DarkTimes apart is its unique approach to multiplayer gaming,
Elon Musk, the controversial CEO of Tesla Inc., recently achieved a significant legal victory as a high-profile lawsuit accusing him of manipulating the price of Dogecoin was dismissed by U.S. District Judge Alvin Hellerstein. The lawsuit, filed by a group of disgruntled investors, alleged that Musk and his company artificially inflated the price of the
The cryptocurrency community is abuzz with speculation following hints from major exchanges Binance and Bybit about potential new products related to Solana. Binance’s official X account teased a mysterious “BNSOL” message, hinting at something “coming soon.” Shortly after, Bybit announced the introduction of “bbSol” on its platform, signaling the arrival of a new product. While