Crypto

Bitcoin and S&P 500 Surge as Fed Rate Cut Boosts Markets

The cryptocurrency market, led by Bitcoin, has seen a notable uptrend since Wednesday after the Federal Reserve (Fed) announced a 50 basis point interest rate cut. Bitcoin surged nearly 3% within the past 24 hours, briefly exceeding $63,000 for the first time in three weeks. This marks a significant recovery, as the digital asset has […]

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Crypto

Binance To List Hamster Kombat (HMSTR) Token On September 26

In a significant development for the crypto gaming world, Binance, the world’s largest cryptocurrency exchange, has announced its listing of Hamster Kombat tokens (HMSTR) on its platform. This listing comes as a huge relief to the millions of Hamster Token players worldwide who have been eagerly awaiting the airdrop event. To further enhance the community’s

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Crypto

Binance Expands in Africa Amid Regulatory Struggles in Nigeria

As Binance faces ongoing regulatory challenges in Nigeria, the world’s largest cryptocurrency exchange has launched its One Click Buy and Sell (OCBS) service in several African nations, including Ghana, Tanzania, Uganda, and Zambia. Get the best web Hosting – Link Introduced last week, this new feature allows users to purchase and sell cryptocurrencies directly via

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Crypto, Technology

Bybit Reaches 40 Million Users, Strengthens Position as a Leading Crypto Exchange

Bybit, one of the top three cryptocurrency exchanges by market share, has reached a major milestone of 40 million users, gaining 10 million new users in less than a month. The platform, which still offers Peer-to-Peer (P2P) trading services in Nigeria, now ranks just behind Binance in global market share. Celebration and Reflection on Bybit’s

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Crypto

Nigeria to Introduce New Tax Laws Including Cryptocurrency Regulations by September, Says FIRS Chairman

Dr. Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), announced that the Federal Government will introduce new tax laws in September, which will include regulations specifically targeting the cryptocurrency industry. Speaking at the FIRS 2024 Stakeholders Engagement in Lagos, Dr. Adedeji emphasized the urgent need for regulatory frameworks for cryptocurrency in

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Crypto

Notcoin Burns 16 Million Tokens, But Market Response Remains Lukewarm

Notcoin, the first-ever Tap-to-Earn crypto project, recently burned 16 million $NOT tokens in an effort to boost market sentiment around the project. However, despite this token burn, Notcoin has not performed well in the market, with its price dropping by 3.8% over the past week. Ton reports shared details about the transaction on X, mentioning

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Crypto
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