Following his departure from Fantom and the entire crypto space which was marked by a 6% decline in the total DeFi market cap, Andre Cronje in a blog post noted that the crypto space was ‘dead’ and in need of more regulation. Is crypto dead? In his post, Cronje decried how the crypto market hadContinue reading “Fantom’s reaction to Cronje’s latest comment on crypto regulation is…”

In the last 24 hours, the cryptocurrency market has recorded a liquidation of over $200m. Likewise, Bitcoin has breached the critical support level of $40,000 and has now embarked on a downward trend toward the $38,000 region. While this is an indication of a bearish run, price charts and on-chain analysis indicate heavy ongoing accumulation.Continue reading “With Bitcoin under $40k, indications seem to say this about BTC’s future”

In the last week, the sale volume for Non-fungible tokens (NFTs) jumped by 17.78% after recording a 13% decline in the sales volume in the week before. The MoonBirds NFT by PROOF Collective, a new entrant into the NFTs ecosystem led this spike in price. To the Moon! NFTs sales volume spiked by over 17%Continue reading “Moonbirds’ NFT collection to the moon, but here’s the full picture”

In a recent interview with Paolo Ardoino, the Chief Technology Officer of Tether and Bitfinex, Paolo revealed amongst other plans, that the company is confident that it will maintain its position as the most used stablecoin despite the increasing competition in the stablecoin market. Adoption of Crypto as a Legal Tender in Lugano In March,Continue reading “Tether CTO discusses threats to USDT; from rising competition to CBDCs”

Following Coinbase’s announcement on 11 April to list over 50 assets made up of 45 ERC-20 tokens and 5 Solana Program Library tokens on its exchange and the ensuing allegations of insider that followed, the prices of some of these tokens have shot up due to an upward trend. One of such token is theContinue reading “KROM: Despite insider trading charges, how this coin managed to double under a week”

On 11 April, Coinbase announced its decision to list over 50 assets made up of 45 ERC-20 tokens and 5 Solana Program Library tokens. Since then, however, the exchange giant has been under fire as many believe that a few of the tokens could be irrelevant or subject to massive rug-pulls. Allegations of insider tradingContinue reading “Why Coinbase’s listing announcement has more than what meets the eye”

With the e-trading platform geared towards expanding its crypto-offerings, yesterday, Robinhood announced the addition of Shiba Inu ($SHIB), Solana ($SOL), Polygon ($MATIC) and Compound ($COMP). Thanks to the same, these altcoins are now exposed to a new crop of investors. And, this might drive the value of assets up. Now, will this be the caseContinue reading “Identifying the full impact of MATIC’s Robinhood listing”

Currently ranked as the 9th biggest crypto-asset in terms of market capitalization, Terra’s LUNA does not appear to be performing all that well. Following the bloodbath that plagued cryptocurrency markets yesterday, LUNA’s price plummeted as it dropped by a whopping 8.91% to hit $81.64. In fact, over the last 7 days, the altcoin has registeredContinue reading “Here’s where LFG’s sustained acquisition of Bitcoin is leaving LUNA”

A review of its advertising guidelines is being proposed by the Irish Advertising agency, The Advertising Standards Authority of Ireland (ASAI) following the receipt of several complaints about the promotion and advertisements of “meme coin” Floki Inu. The rise of the underdog? Last year, the meme coin, which was inspired by billionaire Elon Musk’s ShibaContinue reading “Can Irish regulator’s new ad conduct code bring down cases of crypto rug-pulls”

Over the weekend, the cryptocurrency market recorded over 2% decrease in its total market capitalization as most coins suffered a correction. Bitcoin traded close to its $42,000 support level after trading above the $43,000 mark for a while on Friday. Similarly on Friday, Ethereum also declined by almost 4%. BNB also shed close to 3%.Continue reading “Monero: What XMR’s quick recovery amid broader market bearishness means”