The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto exchanges. This recommendation comes at a time when Nigeria is facing a regulatory crackdown on crypto activities, including a legal dispute with Binance and a proposed ban on peer-to-peer (P2P) trading. The IMF believes that
The crypto industry is on the brink of a potential breakthrough in terms of regulatory oversight with the introduction of the Financial Innovation and Technology for the 21st Century (FIT21) Act. This proposed legislation, set for a House floor vote by the end of May, aims to address longstanding issues of market oversight and consumer
In recent trade, the crypto market has witnessed a sharp pullback due to concerns about stagflation and hawkish commentary from Fed policymakers. The fear regarding the economic conditions has led traders to explore altcoins with strong bullish momentum to identify the best crypto to buy at the moment. Fed policymakers, including Logan, have expressed concerns
Cardano (ADA) has recently seen a significant reversal in its trading volume, sparking excitement among its holders. Crypto analyst Altcoin Daily predicts a peak price target of $9 for Cardano in the current bull run, joining the ranks of other analysts who have made ultra-bullish predictions for the crypto token. Dan Gambardello, founder of Crypto
One influential trader, Bluntz Capital, has recently made a forecast regarding the popular Solana meme coin DogWifHat ($WIF). According to Bluntz, the current price of $3.17 could potentially crash down to as low as a dollar. This cautionary tweet highlights the slow, overlapping, and corrective looking price action over the past three weeks, indicating a
The Ethereum Foundation, a non-profit organization dedicated to supporting the Ethereum ecosystem, recently conducted a major transfer of ETH. This transaction has captured the attention of the crypto community, sparking speculation about whether this could signal a potential market peak. On-chain analytics platform SpotOnChain disclosed in a recent post on X (formerly Twitter) that the
Former President Donald Trump recently made headlines by expressing strong support for Bitcoin and other cryptocurrencies, a stark departure from his previous skepticism towards digital assets. This shift in stance has generated significant interest and speculation within the crypto community, especially as the US election draws closer. Analyst MacroScope highlighted the importance of Trump’s comments,
Despite experiencing a 20% weekly decline in its price, analysts are optimistic about a significant rally for Shiba Inu in the near future. Various factors, such as the sharp increase in SHIB’s burn rate and improvements to its Shibarium layer-2 platform, are seen as bullish signals for its future price. The popular meme coin, Shiba
The Voice has taken the world by storm with its groundbreaking format that showcases raw talent in a competitive singing contest. Now, fans of the show can immerse themselves even further in the world of The Voice with the launch of The Voice Battle Coach. This innovative game, developed by The Sandbox in collaboration with
The recent performance of Ethereum has been closely tied to the downtrend of Bitcoin. While Bitcoin has been experiencing a decline in price, Ethereum seems to be facing even more bearish fundamentals. According to crypto analysts, there has been a noticeable decrease in liquidity in Ethereum, with investors showing more interest in Bitcoin instead of
