The cryptocurrency market is navigating a challenging period as Bitcoin (BTC) and Ethereum (ETH) prices have declined significantly in recent days. As of September 6, Bitcoin's price fell below $55,500,…
According to Eric Balchunas, a Senior ETF Analyst at Bloomberg Intelligence, the approval of Bitcoin exchange-traded funds (ETFs) has had a monumental impact on the cryptocurrency market, particularly on Bitcoin's…
Bitcoin Dominance Persists as Market Corrects
The altcoin sector continues to trail behind Bitcoin (BTC), which holds a dominant market position. As of Wednesday, Bitcoin's dominance was at 56.20 percent, with…
Stablecoins are experiencing a resurgence. Their market capitalization has reached $161 billion, the highest level since April 2022, according to CCData's May report. This eight-month growth spurt comes after the…
A federal high court in Nigerian capital Abuja has issued a directive to Binance, instructing it to furnish Nigeria's Economic and Financial Crimes Commission (EFCC) with comprehensive information regarding Nigerian…
We may remember 2023 as the year the US lost crypto.
The government shut down crypto-friendly banks, seized a crypto-compatible payment network, sued a bunch of crypto businesses, neutered the largest…
Crypto’s largest exchange just got hit with $4 billion in fines. Its CEO resigned.
Rumors are swirling that the largest stablecoin, a crypto version of the US dollar, will collapse under…
The digital currency realm, constantly evolving and often unpredictable, has experienced significant shifts over the past couple of years. The downturn of prominent global entities in the cryptocurrency arena during…
Cryptocurrency exchange Kraken has officially declared its intention to halt all trading, deposits, and withdrawals for Tether USD (USDT), Wrapped Bitcoin (WBTC), and other reserve-backed assets in Canada.
“We will soon…
After a security breach that resulted in a $70 million loss, cryptocurrency exchange CoinEx has announced its plans to resume deposit and withdrawal services for users on September 21. The…