The Nigerian government has recently obtained a court warrant to detain Binance officials for at least twelve days. This came after the officials insisted on being taken to their respective countries’ embassies. The government’s actions were reportedly in response to accusations of Binance aggravating the country’s foreign exchange challenges by manipulating rates for profit. Reports
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The recent surge in interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention in the investment community. Matt Hougan, Chief Investment Officer (CIO) of Bitwise Asset Management, discussed this phenomenon on CNBC’s ‘Halftime Report’. The market witnessed a remarkable increase in investment, with approximately $20 billion pouring into the market following
In the volatile world of cryptocurrencies, Near Protocol has been making waves recently. With a 3% increase in the past 24 hours and a staggering 63% gain over the week, Near Protocol has outperformed many major tokens in the market. The altcoin has also seen an impressive 127% rise in the last 30 days, showcasing
In a groundbreaking achievement, Bitcoin has reached a new milestone by surpassing the $71,000 mark, solidifying its position as the digital equivalent of gold. This significant rise has also propelled Bitcoin beyond the market capitalization of silver, further establishing its dominance in the financial world. This surge in value has been a consistent trend since
Ethereum has recently broken through the $4,000 resistance zone, reaching a new multi-month high of over $4,050. In the midst of this bullish momentum, ETH is now consolidating its gains and looking towards potentially extending its increase above the $4,100 zone. The price of Ethereum is currently trading above $4,000 and is supported by the
Bitcoin price has once again started to climb, surpassing the $70,000 resistance level. The bulls have successfully pushed the price above $72,000, showing strong momentum towards the $75,000 mark. The current trading price is above $71,500 and is supported by the 100 hourly Simple Moving Average. There is a visible short-term contracting triangle forming with
Solana is currently experiencing a bullish momentum as it surpasses the $150 mark. The price of SOL is showing positive signs and there is potential for it to even exceed the $162 resistance in the near future. The recent increase in SOL price started from the $138 support against the US Dollar. It is now
Arbitrum, a Layer-2 blockchain network, is preparing to unleash $2.32 billion worth of vested Arbitrum (ARB) tokens on March 16, marking a significant milestone for the platform. The token unlocks will be done in a “Cliff Unlock” manner, where tokens are released in a lump sum at the specified deadline. Roughly 1.1 billion locked ARB
The Biden administration recently unveiled its proposed budget for the year 2025, which includes provisions aimed at regulating digital assets. These proposed measures are anticipated to result in an additional $10 billion in tax revenue by 2025. The main objective of these regulations is to close existing loopholes that have allowed wealthy crypto investors to
Core Foundation, a decentralized ecosystem for dApps, has recently announced the launch of its non-fungible token (NFT) marketplace. This initiative aims to provide a secure platform for users to mint and trade NFTs, contributing to the growth of the Core chain. The Core Journey NFT collection is a significant part of this launch, designed to