The crypto industry is on the verge of receiving greater clarity regarding regulatory oversight through new legislation set to potentially go to a House floor vote by the end of May. The Financial Innovation and Technology for the 21st Century (FIT21) Act is the proposed legislation aimed at providing transparent regulatory frameworks for digital assets.
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The International Monetary Fund (IMF) recently suggested that Nigeria should consider embracing the regulated use of digital assets by licensing international crypto exchanges. This proposal was included in the IMF’s consultation report for Nigeria, with the aim of enhancing the country’s economic stability and solidifying its position within the African crypto sector. The recommendation comes
The recent slump in crypto prices following US economic data has left traders searching for altcoins with bullish momentum that could potentially be the best crypto to buy at the moment. With Bitcoin dipping back to the low $61,000s and Fed officials expressing hawkish sentiments, the market is facing uncertainties about the future direction of
Cardano (ADA) has recently seen a significant reversal in its trading volume, indicating a potential upward trend for the cryptocurrency. This positive development has coincided with ultra-bullish predictions from various crypto analysts. Altcoin Daily, for example, has set a peak price target of $9 for Cardano in the current bull run. This optimistic outlook is
One influential trader, Bluntz Capital, has recently raised concerns about the popular Solana meme coin, DogWifHat ($WIF). Bluntz believes that the current price of $3.17 could potentially see a significant crash, with the token dropping all the way down to $1. Their analysis indicates that the recent price action has been slow, overlapping, and corrective
The Ethereum Foundation, a non-profit organization supporting the Ethereum ecosystem, has recently raised eyebrows in the crypto community by making significant transfers of ETH. On May 8, the Foundation transferred 1,000 ETH (equivalent to $3 million) to a middle multi-signature wallet (0xbc9). This transaction has caught the attention of the crypto community and sparked speculations
Former President Donald Trump has recently made headlines by expressing strong support for Bitcoin and cryptocurrencies, a stark shift from his previous skepticism towards digital assets. This unexpected change in stance has caught the attention of crypto enthusiasts and investors alike, sparking speculations about the potential implications for Bitcoin and other virtual currencies as the
Despite a recent 20% drop in price over the past week, analysts are predicting a significant rally for Shiba Inu. This optimism is being driven by a number of positive technical indicators that suggest a bullish future for the popular meme coin. While Shiba Inu has experienced a 20% decline in price over the past
The Voice has taken the world by storm, captivating audiences with its unique format that showcases raw talent in a competitive singing contest. Now, fans of the show can dive even deeper into the world of The Voice with the launch of The Voice Battle Coach. This immersive game experience allows players to become virtual
The European Securities and Markets Authority (ESMA) has recently announced a review of the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities). This review is part of a broader examination of the EU’s financial regulatory framework initiated in response to a request from the European Commission (EC) to ensure