Middle East, North Africa are emerging as major crypto markets- Here’s why
A new report published by blockchain intelligence firm Chainalysis shed light on some interesting news coming out of the Middle East and North Africa (MENA) region. The report found that MENA was among the top adopters of crypto, with its crypto market growing at the fastest pace. Although this region represented a relatively smaller area, […]
Blockchain Associations Forum asks Nigeria to review anti-crypto directive
The Blockchain Technology Association of Nigeria (SiBAN) has urged the Central Bank of Nigeria (CBN) to reconsider its current anti-crypto policy that restricts commercial banks and other financial institutions from processing crypto-related transactions. SiBAN is a founding member of Blockchain Associations Forum (BAF). SiBAN proposed the view at the BAF’s virtual summit organized recently. The […]
This is what Nexo executives said about solvency concerns
After days of speculation over Nexo’s financial health and solvency, the crypto lender’s executives took to YouTube to answer questions from the community during an Ask Me Anything (AMA) session. The session was hosted by Nexo co-founders and managing partners Antoni Trenchev and Kalin Metodiev. Both of them addressed the concerns raised by users. Reassurance […]
New age of crypto crime; how criminals have evolved- a detailed report
A new study published by crypto analytics and compliance platform Elliptic, took a close look at the exploitation of web3 platforms to facilitate money laundering. The study, titled “The state of cross-chain crime” talked about the new age of crypto crime and how criminals have evolved with the development of technology. $4 billion laundered Elliptic’s […]
NFTs associated with 3AC have been moved to new address- Details inside
Blockchain analytics firm Nansen reported that more than 300 NFTs associated with the defunct crypto hedge fund Three Arrows Capital (3AC), have been moved into a new address. Starry Night Capital, the fund launched by 3AC founders to look after the digital art front of their business, transferred several high-profile NFT collections from an address […]
Shiba Inu investors expecting a metaverse takeover should read this
The Shiba Inu [SHIB] team working on its metaverse released a new update despite some downturn in its ecosystem. In the blog post published on 4 October, SHIB revealed the Canyon art concept to its community. While the development may have excited a part of its community, some investors may not find the update any […]
SUSHI experienced its best hourly interaction in past 90 days
According to LunarCrush’s data, SushiSwap experienced its best hourly interaction in the past 90 days, with over nine million users actively participating. The election of a new “head chef,” or chief executive, by the decentralized autonomous organization (DAO) responsible for the SushiSwap protocol, sparked this level of participation. After two weeks of discussion in the […]
Crypto Market Set For Another Bottom, Expert Reveals Why
The crypto market showed some strength in the last 24 hours. Bitcoin prices went up by 2.57% in the last 24 hours and are currently trading at $20,161. Ethereum also surged by 1.8% in the last 24 hours and crossed the $1,352 mark. XRP broke its slide and surged by 5% in a day and The post Crypto Market Set For Another Bottom, Expert Reveals Why appeared first on CoinGape.
Can GRT chart a new course after Graph’s new Subgraph milestone
The Graph’s GRT cryptocurrency is arguably one of the poorest performing top cryptocurrencies by market cap. Its performance has been rather docile in Q3, and at this point, it might need a catalyst to get things going. Recent developments have the potential to breathe life back into the coin in Q4. Investors that scooped up […]
Another warning shot? ESMA report cautions against future crypto-crashes
The European Securities & Markets Authority (ESMA) has warned about the risks of increasing consumer rip-offs and operational failures as cryptocurrency adoption grows over time. In its ‘Crypto-assets and their risks for financial stability’ report published today, the ESMA stated that future crypto-crashes could affect conventional financial markets as investments in crypto-assets grow. Even at […]
Elon Musk Twitter Takeover Finally A Done Deal With SEC Filing, What Next?
The Elon Musk Twitter Takeover could finally come to an end soon with the latest SEC filing over the purchase. Musk’s team mentioned that it intends to proceed to closing of the transaction contemplated by the merger agreement for Twitter. In a latest development, Twitter representatives expressed intention to close the deal. A Twitter spokesperson The post Elon Musk Twitter Takeover Finally A Done Deal With SEC Filing, What Next? appeared first on CoinGape.
Just-In: European Parliament Votes For Crypto Tax System
The European Parliament has voted in favour of a more coordinated and fair taxation system for cryptocurrencies, and to utilize blockchain technology in facilitating a more robust approach towards mitigating instances of tax evasion. Over 80% Members of the European Parliament vote in favor of resolution The resolution which was drafted by MEP Lídia Pereira The post Just-In: European Parliament Votes For Crypto Tax System appeared first on CoinGape.
MATIC – The how and why of this buying opportunity
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC sees a surge past a key resistance following an announcement Price action needs to develop further but a buying opportunity could arise The native token of Polygon has posted rapid advances on the price […]
Institutions are hesitant about investing in Bitcoin, cryptos – Here’s why
The latest insights into digital asset investment products (DAIP) and their weekly numbers highlight a troubling trend. Needless to say, such a trend is bound to come to the attention of investors too. The report, published by CoinShares, found that last week marked the third consecutive one with diminishing inflows into these investment products. With […]
Cosmos Hub’s V2 proposal fails to light fireworks for ATOM as…
How is success measured? Well, different platforms have different measures in place. As far as Cosmos ($ATOM) is concerned though, “success will depend on the changes made to $ATOM and whether that can attract more projects to build.” Ergo, the question – Is that the case? Here’s AMBCrypto’s Price Prediction for ATOM for 2023-24 Rising […]
Will Litecoin’s new update improve its chances of winning the PoW race
Litecoin [LTC] has been making improvements to its existing technology for quite some time now. In line with the same, the blockchain recently announced an MWEB feature that would allow users to make confidential transactions. MWEB is now live on #Litecoin Street! MWEB is an upgrade that gives users a new opt-in feature – confidential […]
Dogecoin (DOGE) To Be Twitter’s Native Currency After Elon Musk Takeover?
After Elon Musk Twitter takeover talks resurface, there is a speculation about Dogecoin (DOGE) potentially becoming Twitter’s official native currency. In a latest development, Musk has reportedly proposed to buy Twitter for the original offer price of $54.20 a share. In this context, Elon Musk’s close association with the DOGE project is resulting in a new The post Dogecoin (DOGE) To Be Twitter’s Native Currency After Elon Musk Takeover? appeared first on CoinGape.
Quick gains for Solana [SOL], but here’s how far a breakout is
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. $35 is a strong resistance The bullish momentum of the past few hours might reverse over the next day Bitcoin [BTC] managed to hold on to the $19.2k short-term support, and it was able to […]
Mike Novogratz: Bitcoin (BTC) Price Will Surge Soon After This Fed Action
In the midst of a challenging macroeconomic scenario, Mike Novogratz is optimistic with regards to his Bitcoin price prediction. Novogratz, the chief executive officer of Galaxy Investment Partners, has been a long time supporter of investing in Bitcoin (BTC). However, he does not believe BTC could bounce back massively by the end of 2022. Novogratz recently The post Mike Novogratz: Bitcoin (BTC) Price Will Surge Soon After This Fed Action appeared first on CoinGape.
Bitcoin: Here’s the case for an early Christmas in October for BTC holders
Is optimism around Bitcoin [BTC] and its holders seeing a solid foundation despite the daunting bear? Well, it certainly looks like the case. The overall supply on exchanges has dropped to extreme lows, as per data from Santiment. Here, it’s worth noting that the drop came at a time of wide-market sell-offs. Here’s AMBCrypto’s Price Prediction […]