Cryptocurrency Analysis and News Portal
Last week saw more rules and regulations emerge regarding digital assets. Thailand’s Securities and Exchange Commission issued new rules requiring digital asset service providers to warn customers of risks associated with cryptocurrency trading. The warning message must be clearly visible, and before customers can use the service, the business operator
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Bittrex has filed a motion to dismiss a lawsuit against them by the United States Securities and Exchange Commission (SEC). Bittrex teamed up with Coinbase to defend itself against the SEC, highlighting the need for
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Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out of cash on June 1. Ethereum also dropped, breaking
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Nearly 18 months after launching its in-house central bank digital currency (CBDC), eNaira, Nigeria witnessed its massive adoption as national fiat reverses face severe shortages. The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation. While developing
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Ethereum may have finally exhausted its energy after going full throttle over the last few days that enabled it to briefly hit
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Since the beginning of August, Shiba Inu has been actively engaged in corrective activities. The meme coin has been distancing from its
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As a result of last week’s remarkable surge, Bitcoin is now seeing one of its largest drops in recent months. After starting the
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Axie Infinity (AXS) price has nosedived following a surprise entry by the bears as seen in the daily price chart. AXS hovering above both the 20- and 50-day EMA Axie Infinity price dropped as the bears slammed investors shut after going all-in with the recent uptick. The AXS/BTC pair has nosedived by
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Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500 is down 5% since April 20 WTI crude price dropped 9.5% in seven days, erasing all of the gains accrued
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According to a report written by Coin Metrics analyst Jacob Franek, as of March 1, 2020, roughly 42% of all BTC has
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