German authorities recently seized nearly 250,000 euros and 13 crypto ATMs during a nationwide crackdown on unlicensed cryptocurrency machines. The operation, led by the Federal Financial Supervisory Authority (BaFin), aimed to strengthen regulatory oversight in Germany’s rapidly expanding crypto sector. On August 20, officials targeted 35 locations where crypto ATMs were allegedly operating without proper
Cryptocurrency
Recent reports from Coinbase suggest that young, pro-crypto voters could play a significant role in determining the outcome of the 2024 US presidential elections. With Gen Z and Millennials now representing 40% of the electorate, their increasing support for candidates who advocate for crypto and financial innovation is becoming more apparent. The dissatisfaction with the
Bitcoin’s price has experienced a significant surge, reaching $65,000 for the first time since early August. One of the key factors that have contributed to this surge is the US Federal Reserve’s economic policies. The relationship between Bitcoin and the US Federal Reserve has been evident in recent years, particularly following the change in stance
Delving into the world of cryptocurrency was not initially the path Opeyemi had envisioned for himself. However, over two years ago, he took a leap of faith and entered this exciting and unique realm. Since then, Opeyemi has been captivated by the intricacies of blockchain technology and has dedicated his time to unraveling the complexities
The historical on-chain data analysis indicates that soaring demand for Bitcoin often leads to price recoveries and rallies. However, the current market scenario does not align with this trend. Despite previous patterns, the current data shows that Bitcoin demand growth has stagnated at low levels, hinting that immediate price movements are unlikely. In the recent
Recently, Ripple made headlines by announcing its plans to launch a stablecoin named Ripple USD (RLUSD) on both the XRP Ledger and Ethereum platforms. This move is intended to bridge the gap between the cryptocurrency industry and traditional finance, according to Ripple’s CEO Brad Garlinghouse. In a recent development, Ripple minted the first batch of
Cryptocurrency exchange Binance has announced that it will be performing wallet maintenance for The Open Network (TON) on August 26. During this maintenance period, TON deposits and withdrawals will be temporarily suspended. However, trading will not be affected by this maintenance. The maintenance is expected to last for approximately two hours, after which all services
Bitcoin’s price has been experiencing significant fluctuations in recent days, with the bulls currently in control as they push the price above $61,000. However, weekends often bring different price action due to lower trading volume. Trading volume is a crucial metric that impacts market depth – the lower the volume, the easier it is to
Lately, Cardano has been the subject of numerous bullish predictions, especially in relation to the highly anticipated Chang upgrade. This significant upgrade is set to be one of the most crucial ones for the network in quite some time, sparking a wave of optimism among its supporters. Over the past three years, the Cardano price
There has been a recent development in the case of former Binance CEO Changpeng Zhao, commonly known as CZ. He has been transferred from FCI Lompoc II to the RRM Long Beach halfway house in California. This move has sparked confusion among X users, who mistakenly believed that he had been released. However, it is