In the past month, the crypto market has witnessed wavering upward and downward movements. With crypto assets particularly the altcoin sector, showing price revivals, the regulators introducing announcements and numerous launches, the first half of 2024 has been momentous in activity. As the second half (H2) of the year is
June 19, 2024 8 mins read
The Solana Ecosystem has witnessed staggering interest from the crypto community, evident from its surge in activity. This was instigated by an influx of celebrity-led memecoins. But the altcoin, SOL, failed to pick up the momentum from the frenzy. The token, in the past 24 hours, has shown a brief
June 19, 2024 2 mins read
Hong Kong has drawn market attention in the past few months with its progress toward digital asset adoption. Currently, the impending agenda in the nation is the introduction of a licensing system for crypto-fiat exchanges. The CFO of OSL Group, a leading crypto exchange in the Chinese capital, discussed the
June 19, 2024 2 mins read
In the last 24 hours, the overall crypto sector has shown a decline in market cap by 2.29%. Bitcoin (BTC) has experienced a price dip, leaving altcoins to plummet in price. Bitcoin, despite drawing market attention in the past week with multiple bullish movements, shows signs of further drops. In
June 18, 2024 2 mins read
The Tanzanian Government has announced amendments to its Income Tax Act including a 3% tax for crypto traders recently. Notably, the Tanzanian government has made further advancements to its finance system in the following days. According to the proposal, the Minister for Finance, Dr. Mwigulu Lameck Nchemba Madelu, suggested amendment
June 18, 2024 2 mins read
The Governor of the USA state, Oklahoma signed a crypto bill that exempts Bitcoin miners from electricity sales tax. This bill is the state’s step toward advancing self-governance in the cryptocurrency sector. Notably, the signing has made Oklahoma the first state in the nation to advance in crypto and bitcoin
June 15, 2024 2 mins read
The Orissa High Court in India recently stated in a Ponzi scheme accusation case, that crypto trading is not illegal. The announcement has pronounced the country’s stand on cryptocurrency amidst recent regulations discussions. According to sources, the case included two individuals who were accused of defrauding people through a Ponzi or
June 14, 2024 2 mins read
The celebrity memecoin frenzy has become the talk of the community, as popular personalities stage their artistic disputes into the crypto sector. The famed media personality Andrew Tate launched a memecoin named DADDY on June 11. This is the latest addition to celebrity memecoin shilling on the Solana blockchain. Notably,
June 14, 2024 2 mins read
In the past few months, crypto regulatory policies have witnessed a global upscale. Countries such as Zimbabwe have initiated regulatory measures earlier this year. Amid crucial regulatory events, Taiwan announced the launch of a ‘crypto industry association’ encompassing leading members from 24 crypto firms. The association, “Taiwan Virtual Asset Service
June 13, 2024 2 mins read
Bitcoin and Ethereum have shown brief upsurges in price, fueled by the US CPI data release. Other altcoins have begun to show recovery after the past week’s price dip. Solana (SOL), has shown a daily increase in its price after its recent weekly dip. Notably, the token’s market price increased
June 13, 2024 2 mins read