Samuel Edyme, also known by his intriguing nickname HIM-buktu, is a multi-talented individual with a diverse skill set. As a web3 content writer, journalist, and aspiring trader, Edyme has established himself as a prominent figure in the crypto space. Through his work with reputable platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter, he has showcased
Cryptocurrency
Recently, South Korea’s Financial Supervisory Service (FSS) has announced its plans to tighten oversight of crypto trading platforms under its jurisdiction in order to eliminate fraudulent transactions. This move comes as part of the country’s efforts to establish a more secure and transparent environment for cryptocurrency trading. In a notice released on July 4, the
As Bitcoin continues to face volatility and fluctuation in its price, crypto expert Michael van de Poppe has identified a crucial indicator that suggests a potential bounce for the flagship cryptocurrency. After a recent dip below $60,000, Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, indicating a shift
The Bitcoin network is currently displaying signs of miner capitulation. This phase is characterized by miners either shutting down their operations or selling off a portion of their Bitcoin reserves. Following the recent halving, the network hash rate has decreased by 7.7% from its peak on April 27. This decline indicates that less efficient miners
Ripple is leveraging a recent court ruling regarding Binance’s BNB token to push back against severe penalties imposed by the SEC for the sale of XRP, citing the lack of regulatory clarity in the crypto space. The company believes that the ruling on Binance’s case supports their stance that the alleged illegal sales of XRP
The recent crash in the crypto market has sent shockwaves throughout the industry, with Bitcoin and altcoins taking a hit. As the Bitcoin price continues to plummet, many traders have found themselves in a precarious position, leading to significant losses in just the last day. The market-wide panic has caused tens of thousands of traders
Despite the negative market conditions and bearish trend of Bitcoin, large investors holding more than $600,000 worth of the cryptocurrency have been actively accumulating BTC over the past six months. According to recent data from on-chain tracking platform, Santiment, these investors have been increasing their holdings significantly. The main cohort involved in this accumulation are
The meme coin DADDY experienced a significant surge of 35% in its price within the last 24 hours, currently trading at around $0.15 with a market capitalization close to $100 million. This surge was supposedly triggered by an announcement made by Andrew Tate, a former kickboxer and online influencer. Tate encouraged DADDY holders to accumulate
Crypto analyst Quinten François has recently provided a highly optimistic outlook for the future trajectory of Bitcoin. He emphasized the potential for significant growth, suggesting that Bitcoin could reach as high as $4.5 million in the coming years. François highlighted the importance of Bitcoin’s fourth halving event, indicating that this could be a pivotal moment
KuCoin, a popular cryptocurrency exchange, recently announced that it would start collecting a 7.5% value-added tax on trading fees from its Nigerian users starting from July 8. This decision was outlined in a statement released on July 3, where the firm specified that the VAT would be applied to transaction fees in each trade for