The Financial Times reported that crypto firms are increasingly turning away from the UK due to burdensome and time-consuming regulatory processes. According to law firm Reed Smith, registrations for crypto exchanges and custodian wallet providers with the Financial Conduct Authority (FCA) have dropped by more than 50% in the past three years. This decline signals
The Nigerian Securities and Exchange Commission (SEC) has recently approved two local crypto exchanges, namely Busha Digital Limited and Quidax, to operate under the Accelerated Regulatory Incubation Program (ARIP). This initiative is part of the SEC’s efforts to encourage innovation and protect investors in the digital asset space. The Approval-in-Principle granted to Busha Digital Limited
The past week has been a wild ride for Bitcoin and the cryptocurrency markets. Starting with a significant surge in price on Saturday, with BTC reaching over $64,000, the rally was short-lived. By Wednesday, the price had plummeted by over $7,000, dropping below $58,000. Despite a slight recovery attempt on Thursday, Bitcoin continues to struggle
Recently, Floki Inu (FLOKI) experienced a significant drop of nearly 20%, causing it to lose its position among the top 5 meme coins. The token’s price is now hovering around $0.0001272, with a market capitalization of $1.23 billion, placing it at the sixth position. Bonk Inu (BONK) surpassed FLOKI to claim the fifth spot with
Blowfish Studios, known as Animoca Brands’ flagship game studio, is currently in the process of developing an exciting new multiplayer PvP game called DarkTimes. This medieval-themed game is set to revolutionize the gaming world by integrating the Sui blockchain, with assistance from Mysten Labs. Drawing inspiration from Nordic mythology, DarkTimes takes players into a dark
Elon Musk, the CEO of Tesla Inc., emerged victorious in a high-profile lawsuit worth $258 billion alleging him and his company of manipulating the price of Dogecoin (DOGE), a meme-based cryptocurrency. U.S. District Judge Alvin Hellerstein ruled in favor of Musk and Tesla, thereby dismissing the claims brought forth by a group of dissatisfied investors.
Recently, both Binance and Bybit have dropped hints about launching new products related to Solana, leading to speculation within the crypto community. Binance’s official X account teased a mysterious “BNSOL” message, while Bybit announced the arrival of a new product called “bbSol.” Although details were not provided by either exchange, the community quickly jumped to
In the volatile world of cryptocurrency trading, the pursuit to pinpoint the perfect time to buy Bitcoin is an ongoing endeavor for many traders. Various crypto analysts have utilized different indicators in an attempt to forecast the optimal moment to enter the market and acquire the leading cryptocurrency. One such analyst, R.N. Elliot, has recently
Cardano (ADA) has been facing challenges in terms of price growth for quite some time, despite being a popular altcoin in the crypto space. An analyst recently shed light on the reasons behind Cardano’s underperformance, yet offered a positive outlook by predicting a significant rally of 1,000% to new highs within this cycle. Crypto analyst
The world of cryptocurrency has been gaining popularity in recent years, with many people considering investing in digital assets like Bitcoin and Ethereum. However, one aspect that is often overlooked is the age requirements for buying and selling cryptocurrency. Understanding these age restrictions is crucial for legal compliance and making informed decisions in the crypto
