In a report released earlier this week, Coinbase expressed concerns over the declining crypto talent in the US amidst the ongoing increase in general corporate interest. The largest US exchange highlighted the need for regulatory clarity around the crypto realm to keep the talent within the country. Declining Developer Talent in the US Coinbase notes...Read More
Events in the saga between Nigeria and Binance continue to unfold. This time, the country dropped tax charges against the exchange’s executives. According to a tweet by Nigerian journalist Alexander Onukwue, the Federal Inland Revenue Service (FIRS) of Nigeria has withdrawn the tax evasion charges against Tigran Gambaryan, Binance’s head of financial crime compliance, and...Read More
Bitcoin fell to a monthly low of $65,000 on June 14 and is currently down around 5% since the same time last week. However, zooming out to view the bigger picture shows that the asset is still consolidating where it has been since early March. “Bitcoin very rarely goes this quiet,” commented analyst James Check...Read More
[PRESS RELEASE – Saint Vincent, the Grenadines, June 16th, 2024] ApeX Protocol, the leading permissionless and non-custodial decentralized exchange (DEX), proudly unveils its brand new product — ApeX Omni. Built on a modular, intent-centric architecture, Omni is set to redefine the decentralized trading experience with an aggregated multichain liquidity trading framework, and enhance your DEX...Read More
The volatility in the cryptocurrency market is on a constant rise, highlighting increased price action. However, top tokens have failed to gain momentum, resulting in them recording significant corrections in their respective portfolios. With the current market situation, investors have expressed increased concerns about the upcoming bull rally, and questions like “Is cryptocurrency market going...Read More
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling from mining entities. In the latest CryptoQuant weekly report, analysts revealed that the number of BTC sent from Bitcoin mining entities to exchanges has reached...Read More
The crypto market continues to record significant price volatility, highlighting increased price action in the crypto space. However, top tokens display a negative influence, indicating a rising disinterest of investors in it. Moreover, elite cryptocurrencies such as Bitcoin, Ethereum, and Ripple fail to hold their respective price above their important support levels. This escalated the...Read More
Just a day after announcing a $500 million convertible senior note offering to purchase more BTC, among other goals, Michael Saylor’s brainchild increased its target to $700 million. The company’s shares have been on a wild ride in 2024, perhaps due to the developments around the Bitcoin landscape, but have soared by triple digits since...Read More
KuCoin exchange’s research arm released a report on cryptocurrency performance in May, noting $1 billion in new investments – a slight decrease from April. The report highlighted that institutional investors predominantly favored Ethereum and EVM-focused platforms during this period. $1 Billion in Investment Earlier this week, KuCoin Research published a report indicating that in May...Read More
