Jul 23 2024 @ 07:53
Coinbase’s Layer 2 network, Base, is experiencing a meteoric rise in Decentralized Exchange (DEX) activity. With a staggering 53% surge in DEX users within the last 24 hours, Base boasts a record 267,000 active users, eclipsing Binance Chain’s 154,000. This explosive growth positions Base as the potential runner-up in the DEX user race for the […]
Jul 22 2024 @ 06:36
In a surprising move, cryptocurrency exchange OKX announced it would be discontinuing all services in Nigeria, citing “recent changes in local laws and regulations.” This decision follows OKX’s suspension of Naira withdrawals in May 2024, which coincided with the Nigerian government’s accusations against another major exchange, Binance, regarding alleged currency...
Jul 22 2024 @ 04:42
Looking to turn your crypto holdings into passive income? Crypto lending platforms offer a way to earn interest on your digital assets, similar to a traditional savings account. This guide explores the top crypto lending rates available (as of July 2024) to help you maximize your returns. What is Crypto Lending? Crypto lending is like […]
Jul 19 2024 @ 05:21
Ethereum’s dominance in the blockchain space is undeniable, but its growing pains are well documented. Enter zkSync Era, a Layer-2 solution promising to slash transaction fees and boost scalability while maintaining Ethereum’s security. The recent launch of their native token, ZK, created a predictable frenzy of airdrop hunters, followed by a swift sell-off. However, beneath...
Jul 16 2024 @ 10:01
Wall Street’s growing appetite for cryptocurrencies has undoubtedly injected fresh momentum into the digital asset market. However, the influx of traditional finance giants may not be entirely benign, according to Tether co-founder William Quigley. While the increased liquidity and institutional backing can bolster market stability and confidence, Quigley cautions that it could also...
Jul 16 2024 @ 08:34
The Algobot platform offers an advanced and user-friendly solution for automated trading, catering to both novice and experienced traders. Its robust set of features and intuitive interface make it a standout choice for anyone looking to leverage algorithmic trading. The Algobot platform is designed to democratize algorithmic trading, making it accessible to traders of all […]
Jul 12 2024 @ 09:24
The Open Network (TON) has excelled in a volatile market, catching attention with its rapid growth and new all-time highs, even as the broader market declined. Its integration with Telegram has amplified its popularity, and while TON is well-known for its gaming ecosystem, it also offers diverse activities like liquid staking, lending, and trading. Here’s […]
Jul 10 2024 @ 10:01
In the world of crypto, previous bull markets were predominantly “beta” rallies, where nearly all assets saw price increases. The key strategy was to simply hold onto crypto assets; the specific tokens mattered less than the general category they belonged to. Typically, the progression of these rallies followed a predictable sequence: Bitcoin hit new highs […]
Jul 09 2024 @ 12:45
Lowery’s theory posits that Bitcoin could become integral to US defense strategy, potentially driving its value to unprecedented levels. This bold assertion, made by US Space Force Major Jason Lowery, suggests a revolutionary shift in how we perceive and utilize digital currencies. In his role as a national defense fellow at MIT, Lowery has highlighted […]
Jul 08 2024 @ 12:30
KuCoin, a cryptocurrency exchange platform, announced an update regarding the implementation of Value-Added Tax (VAT) on transactions for users in Nigeria. This change, effective from July 8th, 2024, aims to comply with new governmental regulations and foster a transparent and fair trading environment. Impact on Users The VAT of 7.5% will be applied solely to […]