The past week has been a rollercoaster ride for Bitcoin and other altcoins in the cryptocurrency market. Bitcoin started the week on a high note, soaring past $65,000 on Monday morning. However, the euphoria was short-lived as the price took a sharp downturn, losing over seven thousand dollars by Wednesday afternoon. The bulls made an
Market
The Nigerian Securities and Exchange Commission (SEC) has recently granted two local crypto exchanges, Busha Digital Limited and Quidax, “Approval-in-Principle” to commence operations under the Accelerated Regulatory Incubation Program (ARIP). These approvals are part of the SEC’s efforts to promote innovation while ensuring investor protection within the digital asset space. The ARIP was designed to
Floki Inu (FLOKI) recently experienced a significant drop in price, leading to a loss of nearly 20% in value. This decline resulted in FLOKI losing its position among the top 5 meme coins, with its market capitalization falling to $1.23 billion. Surprisingly, Bonk Inu (BONK) managed to surpass Floki Inu, claiming the fifth spot with
Elon Musk, the CEO of Tesla Inc., recently faced a high-profile lawsuit with allegations of price manipulation involving Dogecoin (DOGE), a meme-based cryptocurrency. A group of Dogecoin holders filed the lawsuit in June 2022, accusing Musk and his company of using social media and public statements to inflate the token’s price artificially. The lawsuit claimed
Recently, both Binance and Bybit have dropped hints about launching new products related to Solana. This has led to speculation within the crypto community about the possibility of these exchanges entering the Solana liquid staking market. Binance’s official X account posted a cryptic message with “BNSOL” followed by “coming soon,” while Bybit announced the introduction
Cardano (ADA) has been facing significant challenges in terms of price growth over the past few years, despite being a well-known altcoin in the cryptocurrency space. These struggles have left many wondering why Cardano has not been able to keep up with other major cryptocurrencies in terms of price appreciation. Insights into Cardano’s Potential Crypto
Many cryptocurrency traders are constantly on the lookout for the perfect time to buy Bitcoin, hoping to time the market bottom for maximum profit. In the pursuit of this goal, various indicators are used by crypto analysts to predict the best entry point for purchasing this leading cryptocurrency. One crypto analyst, R.N. Elliot, has recently
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual in the world of web3 content writing, journalism, and trading. His journey into the realm of cryptocurrencies was far from conventional, starting with a less-than-ideal experience involving a Ponzi scheme that lured him in with promises of quick riches. However, instead of being deterred by
When it comes to the world of cryptocurrency, one of the important aspects to consider is the age requirements for buying and selling digital assets. Knowing the minimum age needed to purchase cryptocurrencies legally in 2024 is crucial for compliance with regulations and making informed decisions within the crypto market. In 2024, the typical minimum
The latest seven-day crypto chart highlighted a mixed bag of results, with most major coins experiencing a dip in value. However, amidst this downturn, one particular meme coin stood out – Popcat. While Dogecoin, Pepe, and Bonk recorded losses of 6%, 2%, and 2% respectively, Popcat defied the trend with an impressive 52% weekly gain