Sony Group, a prominent conglomerate in Japan, has made headlines with its recent acquisition of Amber Japan. This move will see Sony taking ownership of Amber Japan’s WhaleFin exchange, which will be rebranded as S.BLOX Co. The statement released on July 1 highlighted Sony’s plans to revamp the exchange’s UI screen and introduce a new
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The month of June proved to be quite tumultuous for the price of Bitcoin, with extreme volatility occurring. Unfortunately, the price action leaned towards the downside, with the bears gaining momentum and pushing the price down by 7.12%. With June in the rearview mirror, all eyes are now on July. According to the popular analyst
The Blast Network has emerged as a key player in the world of web3, offering a unique solution among the many Ethereum Layer 2 (L2) platforms. Launched by the creators of the Blur NFT marketplace, Blast Network’s mainnet, known as Blast Mainnet, was unveiled in February 2024 to tackle the challenges of high transaction fees
Vitalik Buterin, a co-founder of Ethereum, recently expressed his apprehensions about the current state of cryptocurrency regulation, particularly in the United States. He raised a crucial point regarding the paradoxical nature of the regulatory framework that he believes is hindering the growth and integrity of the industry. Buterin pointed out that the existing regulatory environment
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges and opportunities for regulators across the globe. One of the largest government bodies to tackle this issue is the European Union, which has implemented the Markets in Crypto-Assets regulation (MiCAR). However, a critical gap has emerged in the
Opeyemi is not your average writer. His passion and expertise lie in the intricate world of cryptocurrency. A realm that may seem daunting to many, but one that he has embraced wholeheartedly for over two years now. What started as a mere curiosity has now blossomed into a full-blown obsession for Opeyemi. While some may
The latest analysis from CryptoQuant highlights several key on-chain metrics that could indicate a potential bottoming out of the bitcoin price and a resurgence in cryptocurrency prices. One of the crucial signals to watch is the Bitcoin Bull-Bear Market Cycle indicator, which is currently showing that the market is at its least bullish state since
Recently, the European Central Bank (ECB) provided an update on the progress of its preparation phase for the digital Euro CBDC, set to conclude in October 2025. The central bank emphasized the importance of privacy and data protection in this digital currency endeavor. However, upon closer examination, several concerning aspects of the digital Euro came
The cryptocurrency market has been experiencing a turbulent period, with Bitcoin’s price performance in June leaving many investors disappointed. The recent decline in Bitcoin’s price has raised concerns among traders and analysts about what to expect in July and the coming months. Crypto analyst Zen has provided a critical assessment of different scenarios that could
Ethereum had a tough week, as it fell by 3% and struggled to defend the key support level at $3,500. The downward trend has been clear with the past five weekly candles closing with a lower low. In order to reverse this trend, ETH must push above $3,700 and challenge the resistance at $4,000. Failure