On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the permission to operate
Solana’s recent resurgence was short-lived as the cryptocurrency succumbed to bearish pressure, dropping to a two-week low of $137 today. Over the past 24 hours, SOL has declined by nearly 4%, with trading volume plummeting by 19%. The token has also experienced a 24% decrease over the past month. Despite
This summer, SunPump has emerged as a standout product in the crypto market, sparking a new wave of the meme coin craze. As the first fair launch and trading platform for meme coins on the TRON ecosystem, SunPump has managed to rival its competitor, Pump.fun on Solana, in daily coin
The overall crypto market displayed mild dips in market cap and trading volume throughout the week. Bitcoin (BTC), the largest cryptocurrency, has stepped into bearish turns, trading below $59K. The largest altcoin, Ethereum, endured a sturdy month, witnessing critical losses with its price dipping to $2.2K. Notably, ETH witnessed modest
CoinSwitch, an Indian Cryptocurrency exchange is suing its rival, WazirX, to recover $9.6 million in assets that have been stuck on WazirX’s platform since a $230 million cyberattack in July. CoinSwitch announced that legal action on X had failed after multiple attempts to resolve the issue directly. These trapped assets
As Bitcoin tumbles below the $59K mark and SUI struggles to break the $1 barrier, the cryptocurrency landscape is in a whirl. Investors are biting their nails as they watch Bitcoin’s descent and SUI’s faltering steps. Amidst this turbulence, BlockDAG is capturing the spotlight. With a hefty $68.5 million already
Bitcoin (BTC) displayed another drop today, falling to $58,710 after briefly rallying to $61,184 yesterday. This decline wiped out all gains over the last 12 hours, marking a 4% decrease. This drop, although notable, isn’t as severe as the decline seen on August 28, when BTC fell to $57,974—its largest
The cryptocurrency sector confronts several legal complications on a daily basis. While regulatory bodies often stand central to such occurrences, there are instances when individual traders raise issues. One such lawsuit was the 2022 Dogecoin Manipulation case filed against tech billionaire Elon Musk and his company Tesla. According to market
The cutting-edge, technologically advanced payments bank Banking Circle S.A. and Binance Pay, a leading cryptocurrency contactless payment technology, have reached an agreement enabling Banking Circle S.A. to handle EURI payments on the Binance Pay platform. Since, EURI is now integrated into Binance Pay, users may deal with this stablecoin with ease, increasing
Cardano (ADA) finds itself at a critical juncture as its anticipated breakout from a bullish descending wedge pattern faces unexpected hurdles. The cryptocurrency’s recent price action has diverged from investor expectations, potentially delaying or even invalidating the forecasted upward movement. The past week saw ADA poised for a major move,
