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Search Results for: crypto market

South Korea Proposes Credit Card Restrictions for Crypto Transactions

A modification to the Credit Finance Act has been suggested by the Financial Services Commission (FSC) of South Korea, which would significantly limit the use of credit cards for crypto transactions. This is an effort to prevent the possible misappropriation of money and speculative activity. The main goal of the

January 4, 2024 2 mins read

3 Cryptocurrencies Below $0.1 That Will Pump Like Shiba Inu (SHIB)

The world of cryptocurrency is an exciting roller coaster, brimming with the potential for both staggering gains and staggering losses. While established meme tokens like Shiba Inu (SHIB) continue to dominate, it’s often the unexpected upcoming projects that capture the imagination and unleash explosive growth.Today, we direct our focus to

January 4, 2024 4 mins read

Shiba Inu (SHIB) Faces Turbulence as Market Bloodbath Unfolds

The Shiba Inu token (SHIB) has experienced a significant setback, plunging to a new monthly low and shedding 10% in the past two hours. The SHIB price now stands at $0.00000963 per token, failing to gain any traction amidst a broader crypto market bloodbath that has seen losses totaling $500

January 3, 2024 2 mins read

Solana Faces Significant Selling Pressure as Market Turns Bearish

A prominent Ethereum network block explorer, API, and analytics platform, Etherscan, has announced a strategic acquisition of Solscan, the well-known Solana block explorer. According to the announcement, Bscscan, an explorer for the BNB Smart Chain, and the Solscan ecosystem are now officially a part of Etherscan’s portfolio. The acquisition by

January 3, 2024 2 mins read

$73.2M in Bitcoin Short Positions Liquidated as Market Turns Positive

As optimism grows that the U.S.-based spot bitcoin ETFs will soon get regulatory clearance, the price of bitcoin momentarily climbed above $45,500 in the last 24 hours. Centralized exchanges saw a large liquidation of short positions due to the recent price surge. The bulk of the more than $81 million

January 2, 2024 2 mins read

SHIB vs. ICP: A Crypto Showdown Marks the Start of 2024

The Shiba Inu (SHIB) token faced its first significant challenge of the year as it slid from its coveted 16th position to the 17th spot on the list of the largest cryptocurrencies by market capitalization. The usurper of SHIB’s position was none other than the Internet Computer Token (ICP), marking

January 2, 2024 2 mins read

Crypto Exchange Binance Burns 5.57 Billion LUNC Tokens

In the 17th batch of the LUNC burn mechanism, cryptocurrency exchange Binance, burnt 5.57 billion Terra Luna Classic (LUNC) tokens. More than 49 billion LUNC, or 53% of all tokens burned by the Terra Luna Classic community, have been burned by the crypto exchange thus far. Following Binance’s most recent

January 2, 2024 1 min read

Mark Cuban Slams SEC and Calls for Improved Crypto Regulation

The owner of the Dallas Mavericks NBA franchise and Shark Tank star Mark Cuban took to social media on Thursday to criticize the U.S SEC. According to Cuban, when questioned about the suitability of current securities rules to regulate cryptocurrencies, all one has to know is that Howey was insufficient,

December 31, 2023 2 mins read

Nigeria’s Crypto Exchanges Likely to Struggle Amidst Stringent SEC Rules

Several crypto analysts based in Nigeria, claim that the number of local crypto exchanges in the country will be drastically reduced due to the crypto license requirements imposed by the Nigerian Securities Exchange Commission (SEC). This is despite the fact that the Central Bank of Nigeria (CBN) has lifted restrictions

December 31, 2023 1 min read
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