The long-awaited restitution to users of the now-defunct Mt. Gox exchange may finally be happening in July. However, the market players are feeling nervous about how this distribution will affect the price of Bitcoin. There is a sense of fear regarding potential sell-offs in the market as uncertainty looms around the impact of the Mt.
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Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria (CBN), recently made allegations against cryptocurrency exchange Binance. According to Akinwumi’s testimony in a legal case brought by the Economic and Financial Crimes Commission (EFCC), Binance and its executive, Tigran Gambaryan, are being accused of conducting transactions that are typically reserved for authorized banks
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The recent downturn in the crypto markets, resulting in a 15% decrease with over $350 million exiting the space, has sparked discussions among industry experts. Cryptographer Adam Back highlighted that market corrections, such as the current 28% dip, are common occurrences during market cycles. He emphasized that previous bull runs had experienced similar drawdowns, suggesting
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Meme coins have been gaining significant popularity in the cryptocurrency market, especially during the recent bull cycle. With the likes of Shiba Inu, Dogecoin, and Solana-based tokens making substantial gains, investors are now turning their attention to lesser-known meme coins that have the potential to perform well if Bitcoin reaches $100K. According to ChatGPT, two
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