Ethereum ETFs Underperform! But why? The launch of Ethereum spot ETFs, a milestone eagerly awaited by many, has unexpectedly underperformed in terms of market impact, overshadowed by the more resilient Bitcoin ETFs. Despite the buzz surrounding these developments, the anticipated market surge failed to materialize, leaving investors with more questions than answers. Spotlight on ETF […]
Ethereum ETFs underperform and fails to Spark Read More »
South Korea has officially introduced the Virtual Asset User Protection Act, marking a significant advancement in the nation’s crypto regulatory framework. This inaugural law, which took effect on Thursday, is a response to past financial upheavals in the crypto space, such as the Terra-Luna crash and the collapse of FTX, and aims to fortify investor
South Korea’s New Crypto Law: A Regulatory Revolution! Read More »
In a significant move signaling regulatory changes, cryptocurrency exchange KuCoin announced it will start imposing a Value-Added Tax (VAT) of 7.5% on transaction fees for its Nigerian users, effective from July 8, 2024. This decision follows a “regulatory update” in Nigeria, marking a pivotal shift in the country’s approach to cryptocurrency taxation. KuCoin, in an
KuCoin Springs VAT on Nigeria’s Crypto Trades: A New Tax Era? Read More »
21Shares has officially thrown its hat into the ring with a new filing to the United States Securities and Exchange Commission (SEC) for the launch of the 21Shares Core Solana ETF. This move closely follows VanEck’s initiative to introduce a similar Solana-based spot ETF, signaling a growing institutional appetite for Solana (SOL) among leading financial
21Shares Sparks ETF Buzz with New Solana Proposal Read More »
In a dramatic escalation of regulatory scrutiny within the cryptocurrency sector, the United States Securities and Exchange Commission (SEC) has launched a lawsuit against Ethereum software giant, Consensys. The SEC’s complaint, filed on Friday, accuses Consensys of operating as an unregistered broker through its MetaMask Swaps service and collecting over $250 million in fees through
Regulatory Rumble: SEC Targets Consensys Read More »
In a landmark move for cryptocurrency investment, the first exchange-traded product (ETP) for CORE, the native token of the Bitcoin-powered Core blockchain, is set to launch on Sweden’s Spotlight Stock Exchange. This initiative, spearheaded by Toronto-based Valour, aims to bridge the gap between traditional finance and digital assets, offering conventional investors a direct pathway to
CORE ETP Debuts: Revolutionizing Bitcoin Staking Read More »
Nigeria’s cryptocurrency scene is currently valued at a whopping $400 million, signaling a burgeoning market amidst challenging regulatory dynamics. This announcement came from Emomotimi Agama, the chief of Nigeria’s Securities and Exchange Commission (SEC), during a press conference where he projected further growth in crypto trade volumes despite recent stringent measures against exchanges. The nation
Nigeria’s $400M Crypto Rollercoaster: Thrills, Spills, and Regulatory Chills Read More »
Coinbase, a leading U.S. cryptocurrency exchange, has announced a significant policy regarding the upcoming token merger under the Artificial Superintelligence Alliance (ASI). The alliance, comprising AI-focused blockchain companies Ocean Protocol, Fetch AI, and SingularityNET, revealed plans in April for a token merger involving their respective tokens—OCEAN, FET, and AGIX. Despite the buzz around this consolidation,
Coinbase Opts Out of ASI Token Migration, Shakes Up User Strategy Read More »
Bitcoin (BTC) $ 113,934.00 0.37%
Ethereum (ETH) $ 4,305.01 3.44%
XRP (XRP) $ 2.92 0.24%
Tether (USDT) $ 0.999970 0.01%
BNB (BNB) $ 839.24 1.08%
Solana (SOL) $ 184.04 3.47%
USDC (USDC) $ 0.999792 0%
Lido Staked Ether (STETH) $ 4,294.20 3.31%
TRON (TRX) $ 0.349962 0.52%
Dogecoin (DOGE) $ 0.217027 1.7%