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Search Results for: Cryptocurrency

Solana Price Consolidates Near $140 Amid Declining Trading Volume

Anatoly Yakovenko, co-founder of Solana, has once again sparked heated controversy by criticizing the way the US government is dealing with cryptocurrency legislation. In the midst of the current crypto market turbulence, Yakovenko went on the X platform to express his worries. Drawing a comparison between the government’s regulatory approach

July 13, 2024 1 min read

Binance Tax Evasion Trial Verdict in Nigeria Postponed to October

The decision in the tax evasion trial against Binance, a cryptocurrency exchange, is expected from a Nigerian court on October 11th. Among Binance’s four accusations of tax evasion is a failure to register with the Federal Inland Revenue Service (FIRS) of Nigeria. Local media reports that Ayodele Omotilewa, a lawyer

July 13, 2024 1 min read

Ripple CLO Reflects on First Anniversary of Positive Court Ruling

As the cryptocurrency world marks a pivotal moment, Ripple enthusiasts are commemorating the first anniversary of a significant legal triumph. Stuart Alderoty, Ripple’s Chief Legal Officer, recently shared reflections ahead of this milestone, highlighting the impact of Judge Torres’ Summary Judgment in the SEC v Ripple lawsuit. “At its core,

July 13, 2024 1 min read

German Government’s Bitcoin Exit: Catalyst for the Bull Run?

The crypto market has entered a calm phase, staying stable and quietly building momentum. Altcoins, currently at low prices, sit poised on the edge of a potential explosive growth. Enthusiasts and investors watch closely, as any small change could ignite a new bull run. In the midst of this tension,

July 13, 2024 4 mins read

Top Crypto Staking Platforms for 2024

Crypto Staking is one of the best investment opportunities available with some cryptocurrencies where you lock a fixed amount of your crypto for a set period to help maintain the operations of a proof-of-stake blockchain. In return, you could earn more rewards. This process allows you to earn passive income

July 13, 2024 5 mins read

Has the German Government Ended its Bitcoin Selling Spree?

In the past few weeks, the German government’s Bitcoin selling was the most discussed and watched within the crypto community. The government of Germany in a span of three weeks has managed to sell a notable 50,000 BTC. In the last 24 hours, their BTC holdings have fallen to almost

July 13, 2024 2 mins read

Ethereum Surges Past $3,000 With A $3,200 Target While New Token Gains Massive Attention

The second-largest cryptocurrency, Ethereum, has rebounded above $3,000 after dropping below $2,800, with a critical price target set at $3,200. Breaking this level could bring significant gains for traders, but resistance at $3,300 poses a challenge. Anticipated spot Ethereum exchange-traded funds (ETFs) and current market dynamics hint at volatility and

July 13, 2024 2 mins read

Coinbase CEO Brian Armstrong Reportedly Sells $5 Million in COIN Shares

Coinbase CEO Brian Armstrong recently cut down on his holdings in the cryptocurrency exchange, according to reports. On Thursday, July 12, Armstrong sold off approximately $5 million worth of COIN shares. The recent decline in COIN stock price may have been accelerated by the dump. Brian Armstrong reportedly received $4.92

July 12, 2024 1 min read

Bullish Streak for US Spot Bitcoin ETFs Continues with $78.93M Net Inflow

The bullish streak for the U.S spot bitcoin exchange-traded funds (ETFs) reached five days on Thursday, with a total daily net inflow of $78.93 million. SoSoValue data shows that the biggest net inflows of the day were $72.09 million into BlackRock’s IBIT, the biggest spot bitcoin ETF by net asset

July 12, 2024 1 min read
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