By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.

Two of the largest banks in the US are declaring a loss on a staggering $3.5 billion in debts that customers can’t pay back. JPMorgan Chase says its net charge-offs, which are delinquent debts that banks do not expect to receive, hit $2.2 billion in the second quarter of the year. That’s a $200 million […]

Amid the growing market anxiety, a ray of hope emerged for cryptocurrency investors relying on Fetch.ai (FET). A renowned crypto expert predicts that after a dramatic 28% drop over the past month, the coin is set to have a huge comeback. Fetch.ai Shows Resilience Although unpredictability has haunted the crypto space, Fetch.ai has surprisingly survived […]

According to a recent survey by CoinGecko, only about half of investors are actually bullish about the current crypto market. The study, which featured 2,558 people, was conducted over the last two weeks, from June 25 to July 8. Crypto Investors Lead Bullish Outlook The CoinGecko report highlights that 49.3% of crypto participants are still […]

Current data from the Crypto Fear and Greed Index (CFGI) indicates that crypto sentiment has been in a state of “extreme fear” for the past two days. According to Alternative.me’s CFGI, the sentiment scored 25 out of 100 in the daily readings on Friday and Saturday. CFGI Reports ‘Extreme Fear’ Over the Past 48 Hours […]

This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Halvings are always looked at as seminal events, a demarking of the end of one era and the beginning of a new one. In the same way that Americans come out of the woodwork to clamor […]

Two US lawmakers are moving a resolution that demands Nigerian authorities release an imprisoned high-ranking Binance executive. Republicans French Hill of Arizona and Rich McCormick of Georgia authored a resolution that calls for the immediate release of Binance’s head of financial crime compliance Tigran Gambaryan. Gambaryan, a US citizen, has been held in custody in Nigeria […]

As the trading start of the ETH ETF nears, institutional interest in Ethereum is set to rise. On-chain reports indicate significant accumulation of Ethereum ecosystem tokens by whales and institutions. A recent activity highlights aavebank.eth withdrawing a substantial amount of tokens from Binance, including 21,027 $AAVE ($1.98M), 205,493 $UNI ($1.62M), 446 $ETH ($1.37M), 102,313 $LINK […]

Are crypto investors ready for altcoin bull run?

What is cryptocurrency? … Cryptocurrency is a type of digital asset used for electronic transactions. Instead of operating through a centralized bank …

Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek.

Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors […]

The Security and Exchange Commission’s accounting bulletin 121 (SAB 121) requires companies, including banks, to hold crypto assets for clients as a liability on their balance sheets. This makes it inefficient for large banks to offer crypto custody services. Both the House and Senate passed a bipartisan Congressional Review Act (CRA) resolution to nullify this guidance, […]

Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload the stake well before the August 11 deadline for reporting […]

Former president Donald Trump is slated to attend a major Bitcoin (BTC) event as he continues to attempt to woo voters from the crypto community. In a post on social media platform X, the organizers of Bitcoin 2024 say that the Republican presidential candidate will speak at the conference, which will be held in Nashville, […]

Cryptocurrency market might finally see reversal thanks to these five major factors

As Rayn Rashid reports, Cryptocurrency in Canada is on the rise but some Canadians have doubts about the risks and volatility in such markets.

MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government.

According to data from iCrypto.ai, there is significant buying pressure from Smart Money for $MOCA. The Moca_Network token began trading at 12:00 UTC+0 yesterday on prominent exchanges including Bybit, Gate, Uniswap, Bitget, and Kucoin. Notable activities observed by iCrypto include strategic airdrops and substantial deposits. One wallet, 0xe0de, received an airdrop of 1.3 million $MOCA, […]

The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not […]

A key indicator that predated a 400% altcoin rally is once again flashing bullish, according to the co-founders of market intelligence firm Glassnode. In a new thread, Glassnode co-founders Jan Happel and Yann Allemann – who go by the handle Negentropic – tell their 63,300 followers on the social media platform X that investors are […]

Germany’s on-chain Bitcoin wallet balance has officially reached zero, according to Arkham Intelligence, meaning sell pressure from the European economic powerhouse is likely at or near its end. The wallet’s latest outflows bring an end to a bearish narrative that’s hung over the crypto market for weeks, at a time when on-chain indicators are signaling […]

Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF […]

The German government officially has zero BTC left after weeks of dumping its reserves onto the market, keeping the price below $60,000.

Cardano price shows ultra-bullish behavior while no one notices

… cryptocurrency traders worldwide … /BMTEX Exchange/ – In an era of rapid digital asset development, cryptocurrency trading has become a popular choice …

A recent analysis from CryptoQuant has revealed that institutional investors have shown a notable level of activity in the Bitcoin market, snapping up a substantial 100,000 BTC over just one week. Particularly, in the past month, these entities with wallets holding 1,000 to 10,000 BTC  have shown massive inflow levels that effectively match what was […]

A closely followed crypto analyst says one Bitcoin (BTC) metric that previously predicted a bullish reversal is once again flashing green. Jamie Coutts, the chief crypto analyst at Real Vision, says that Bitcoin’s hashrate decline is slowing, a signal that has typically preceded momentum reversal for the crypto king. However, he notes that the prediction […]

Banks are collapsing at an unprecedented rate in China due to a major downturn in the country’s property market, poor risk controls and other issues. In the week ending on June 24th, 40 smaller banks were sucked up by larger institutions, a vanishing act incomparable even to the savings and loan crisis of the 1980’s […]

TL;DR The SEC has concluded a three-year investigation into Hiro Systems, a blockchain software development company. The SEC’s decision not to recommend regulatory actions against the company marks a victory for the crypto industry in its confrontation with the U.S. regulator. The focus of the investigation was on Stacks protocol, a layer-2 blockchain designed to […]

Mathew McDermott, Goldman Sachs’ global head of digital assets, announced the bank’s intent to launch tokenisation products. One of those products would be a marketplace for financial institutions instead of retail investors. The bank’s tokenised products will be launched on permissioned (private) blockchains. Investment banking giant Goldman Sachs is set to launch at least three […]

BlackRock, the world’s largest asset manager, has amassed US $18b worth of Bitcoin for investors in just six months of trading. The institution’s major spot Bitcoin ETF, IBIT, is by far the biggest on the market. Grayscale outflows have steaded in recent weeks, with only four days of net outflows recorded in the past fortnight.  […]