Category: Cryptocurrency

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Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers

Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country.  The Virtual Asset Bill, introduced by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, passed the parliament’s lower house in June, aiming to provide a framework for regulating and licensing virtual asset service providers…
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Biggest Movers: BCH Back Above $300.00, as SOL Hits 1-Month High

After falling by as much as 10% on Wednesday, bitcoin cash rebounded in today’s session, climbing back above $300.00 in the process. The move came during a volatile market session, which saw crypto’s global market cap remain largely unchanged. Solana was a notable exception however, racing to a one-month peak. Bitcoin Cash (BCH) Bitcoin cash…
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BAYC-Centric Apecoin Hits All-Time Low, Suffers 92% Decline From Last Year’s Peak

In the midst of a considerable drop in the base price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club, the related cryptocurrency, apecoin (APE), has likewise suffered due to the bearish trends in that specific market. While many crypto assets have seen an increase in worth over the past month, APE has endured…
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Biggest Movers: BCH Price Plunges Following Recent 15-Month High

Bitcoin cash was once again in the red on July 5, as traders continued to secure gains following a recent 15-month high. The token fell for a third straight session, whilst the overall global crypto market cap also slipped on Wednesday. Monero was another notable token to fall in today’s session. Bitcoin Cash (BCH) Bitcoin…
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Bitcoin Leaves Major Assets in the Dust: Surges 80% in the First Half of 2023, Soars to 12th Largest Global Asset

In the first half of 2023, eye-opening statistics reveal that bitcoin (BTC), the leading cryptocurrency, demonstrated remarkable performance by surpassing various significant assets such as the Nasdaq Index, Nikkei 225 Index, Dow Jones, S&P 500, Russell 2000, spot gold, the U.S. Dollar Index, and the Japanese yen, among numerous others. Moreover, amidst the top assets…
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Biggest Movers: ADA Extends Gains, Hitting 10-Day High on Tuesday

Cardano was one of the notable gainers on July 4th, as the token jumped to a ten-day high in today’s session. The move came as the global cryptocurrency market was mostly in the green, despite the lower than usual market volume. Polygon also hit a multi-week high. Cardano (ADA) Cardano (ADA) climbed to a ten-day…
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Reality TV Star Phaedra Parks Empowers 13-Year-Old Son With $150,000 to Invest in Cryptocurrency and Rental Properties 

According to a recent interview with “Real Housewives of Atlanta” cast member Phaedra Parks, the reality TV star gave her son $150,000 to invest and learn about building wealth. Parks mentioned that her 13-year-old son, Ayden, is particularly interested in rental properties and he’s “big into cryptocurrency.” Kids and Crypto — Reality TV Star Phaedra…
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Regulatory Investigation Targets South Korean Crypto Lender Delio

South Korea-based Delio is currently under scrutiny as the country’s Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust. According to reports from local news outlet Digital Asset, the investigation sprouts from Delio’s unilateral decision to suspend users’ deposits and withdrawals on June 14, raising concerns among…
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Biggest Movers: XMR Races to 5-Month High, as ATOM Extends Recent Gains

Monero continued to climb during Monday’s session, as the token surged to its highest point since February. The move comes as the global crypto market cap was marginally higher on the first working day of June. Cosmos also extended recent gains, hitting a one-month high in the process. Monero (XMR) Monero (XMR) was one of…
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Bitcoin, Ethereum Technical Analysis: ETH Nears $2,000, Ahead of US Independence Day

Ethereum moved closer to $2,000 on Monday, as markets prepared for a short, but busy week of U.S. economic data. This is due to the fourth of July Independence Day celebrations, which will see some markets in the United States closed. Once reopened, the FOMC minutes, and non-farm payrolls report will be some of the…
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