Following the Bitcoin Halving event, the price of BTC experienced significant volatility before bouncing back and hitting the $66,000 mark. This surge in price has led top crypto analysts to make bullish predictions about the future trajectory of the coin. Captain Faibik, a well-known cryptocurrency analyst and trader, has made an interesting prediction that could
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Recent reports from Nigerian authorities have revealed their intentions to crack down on crypto trading, specifically targeting peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A trending circular on social media platform X highlighted the government’s directive for financial institutions in the country to identify individuals or entities transacting with these exchanges and
Despite Bitcoin trading in a narrow range, the crypto market remains active with traders looking for quick gains. The S&P 500 also saw gains, indicating a positive day in traditional markets. The upcoming US Core PCE inflation data could impact crypto prices, depending on the inflation pressures revealed. Bitcoin remains within a $60,000 to $74,000
The founder of Cardano, Charles Hoskinson, has recently delved into the world of blockchain gaming with an exciting new venture. Hoskinson announced the release of his “first game,” Voyager: Ascension, through a trailer, signaling a new era for the Cardano ecosystem. This collaboration between Hoskinson’s company Input Output Global (IOG) and RFLXT, a company under
In a recent announcement made by Jack Dorsey’s fintech company Block Inc., it was revealed that they have successfully completed the development of an advanced Bitcoin mining chip. This achievement marks a significant milestone for the firm’s mining project and has the potential to revolutionize the mining industry. The Importance of Advanced Technology Block’s three
NuggetRush sets itself apart as an innovative game that merges mining escapades, NFT rewards, and tangible gold prizes. Players are transported to a 3D mining metaverse teeming with lands abundant in resources waiting to be unearthed. Whether venturing on solo missions or collaborating with friends in team gameplay, the possibilities are endless. The game equips
The Cardano (ADA) price has been facing challenges lately, dropping out of the global top 10 crypto rankings. Currently trading above $0.50, ADA has experienced a 3% drop in value. Despite a recent rebound, ADA’s market cap stands at around $17.8 billion, making it the 11th largest crypto by market cap. This puts Cardano behind
Venezuela’s state-owned oil and gas company PDVSA has unveiled plans to expedite the use of cryptocurrency, particularly USDT, to evade US sanctions. The company initiated the integration of USDT for oil sales back in 2023 and has now introduced a new policy requiring new customers to possess a digital wallet containing cryptocurrency. The decision to
In a recent statement to CryptoSlate, stablecoin issuer Tether announced that they would be freezing any addresses associated with sanctioned entities. This decision was made in response to reports suggesting that certain state actors were using Tether’s USDT tokens to bypass US sanctions. A spokesperson for the company emphasized Tether’s commitment to complying with the
Recently, the Blockchain Association and Crypto Freedom Alliance of Texas made headlines for taking legal action against the US Securities and Exchange Commission (SEC). Their argument revolves around the SEC’s sanctioning of a rule that redefines the parameters for what constitutes a “dealer” of securities. According to the groups, this action was deemed “arbitrary and
