Crypto enthusiasts warn against naira trade ban on exchanges
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services.
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Security token volumes crash by half for two consecutive months
The security token markets continued to slump last month, with sector-wide trade volume receding by more than 40%. 661 Total views 6 Total shares The bullish momentum enjoyed by the security token sector in the first three quarters of 2020 has well and truly subsided, with monthly volume crashing by more than 40% for the…

US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China. 84 Total views 1 Total shares With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential…

Visa launches immersion program to help creators build their business with NFTs
The Visa Creator Program is the latest in a string of initiatives that Visa has carried out as it targets the digital creator economy. 176 Total views 3 Total shares Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film…

‘Nothing Special’ — Bitcoin Slumps 6% on Coronavirus, Chinese New Year
Bitcoin (BTC) has shed 6% in a week thanks mainly to Chinese New Year and uncertainty over coronavirus, commentators are suggesting.Analyzing Bitcoin price data along with Chinese stocks’ performance on Jan. 24, social media resource Light said a slump in performance had spread to cryptocurrency.Cryptocurrency market daily overview. Source: Coin360Stocks correlation shows Bitcoin’s “global stage”Over…

Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020. 154 Total views 1 Total shares Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin…

Solana price corrects as recent (SOL) rally factors come under question
Solana (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, SOL’s failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity support Solana’s present $16.9 billion market capitalization.Solana's

Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan. Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space.In a May 30 blog post, Bybit said it will not accept account opening…

China to ‘maintain a high-pressure situation’ on crypto, official says
An official at the People's Bank of China saidthat the public should increase their risk awareness and stay away from crypto investments. 95 Total views 3 Total shares China has reportedly doubled down on its crypto crackdown with a public reminder stating that Bitcoin (BTC) and other virtual currencies “are not legal tender and have…