CryptoNews

Solana's Dex Platforms Eclipse Ethereum in Weekly Trade Volumes

Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282 billion recorded by Ethereum trading platforms. Solana Surges Past Ethereum in Dex Volume Solana’s recent price surge…
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CryptoNews

Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC's Price Back – Markets and Prices Bitcoin News

On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming meeting of the U.S. Federal Reserve. Bitcoin The recent pricing trends of bitcoin (BTC), oscillating…
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Snowden Blasts Elizabeth Warren as 'Pro-Banker,' Claims She 'Rolls Over' for JPMorgan Boss in Crypto Clash

This week, the crypto community actively discussed Massachusetts Senator Elizabeth Warren’s remarks labeling crypto as a potential threat. Additionally, JPMorgan boss Jamie Dimon voiced a similar sentiment, asserting he would close crypto down if he held governmental power. In response to Warren and Dimon’s statements, Edward Snowden, the former National Security Agency (NSA) contractor and…
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CryptoNews

Report: 47% of Nigerians Engaged in Crypto-Related Activities

A recent study has revealed that a significant 47% of Nigerians are actively involved in crypto trading, showcasing a remarkable integration of cryptocurrencies into their financial activities. The analysis further highlights a substantial 15% increase in crypto ownership…
CryptoNews

SEC Warns Crypto Investments Can Be 'Exceptionally Risky'

The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete with fraud, including bogus coin offerings, Ponzi…
CryptoNews

Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities

Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily tether freezing wallets linked to the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List marks a proactive step towards…
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