BitMEX Co-founder Cautions Against Spot Bitcoin ETFs.
In a recent blog post, Hayes said that Bitcoin’s worth is due to the fact that “it moves.” There will be a dramatic drop in network activity and miners’ motivation…
Crypto Firms Boost U.S Political Donations Amid Regulatory Scrutiny.
Federal super PAC Fairshake received $78 million this week from crypto firms.The firms aim to back presidential candidates that have pledged to be pro-crypto leadership.Crypto firms are increasing their donations…
Sanctioned Russian Banker Dumps £15m Worth of Shares in UK Crypto Company
Mikhail Klyukin owned a 2% stake in Copper Technologies, linked to former UK chancellor Philip Hammond. Mikhail Klyukin, a Russian banker sanctioned by the White House in March 2022, sold…
Shiba Inu’s Head Developer plans to Burn 99.9% Token in Supply
It would take a well-planned and massive withdrawal of tokens from circulation.In theory, SHIB tokens might become more valuable due to their increased scarcity. Shytoshi Kusama, the chief developer of…
Nigerian Banks Embrace New cNGN Stablecoin After eNaira Introduction years Ago.
cNGN token is linked to and supported by the Nigerian naira, the official currency.This new stablecoin is built on public blockchains as per sources.Investors and the Nigerian economy stand to…
Bitcoin Targets Breaking Above $44000 as Bulls in Control.
At the time of writing, Bitcoin is trading at $43,652, up 0.10% in the last 24 hours.If the price manages to go above $44,211 then it will likely test the…
CBN Cancel Ban On Cryptocurrency Transactions in Nigeria
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions. This is according to…
Arbitrum Hits 8-Month High; Whales Drive ARB Accumulation.
In a whirlwind of market activity, Arbitrum, Ethereum’s layer-2 network, surged to an eight-month high of $1.4567, marking a staggering 15% surge within the last 24 hours. This surge was…
Justin Sun Explores Solana and Tron Wallet Integration Amid SOL Rally.
Justin Sun announced his plans on twitter by tagging Raj Gokal and Anatoly Yakovenko. Solana (SOL) has seen a notable 17% gain in the last day, getting closer to the…
China Tightens Grip on In-Game Tokens with Stringent Regulations.
Game tokens cannot be exchanged for physical products or used as currency. This rule covers 62 items and impacts a wide variety of online gaming activities. A draft describing substantial…