Author name: Peter

Bitcoin ETF Approval and Nigeria’s Crypto Stance to Drive African Industry Revival

Nigeria's New Stance on Crypto Bodes Well for Africa After a challenging first half of the year, the crypto and blockchain industry in Africa is set to start 2024 with renewed optimism, especially in Nigeria. Following the removal of the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the new CBN boss, […]

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Bitcoin Dominates NFT Market with $853 Million in December Sales

Bitcoin Holds Top Spot in December NFT Sales Bitcoin has continued its reign in the non-fungible token (NFT) market, securing the leading position in December with a staggering $853 million in sales. This comes after Bitcoin claimed the top spot in November as well, solidifying its dominance in the NFT space. Record-Breaking December NFT Sales

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The Controversial Decision by the U.S. Department of Justice Not to Pursue Second Trial Against Sam Bankman-Fried

The Outrage in the Crypto Industry The recent decision by the U.S. Department of Justice (DOJ) to drop the second trial against Sam Bankman-Fried, the founder of FTX, has sparked outrage within the crypto industry. Leading cryptocurrency exchange Coinbase has gone so far as to label it a "miscarriage of justice." The decision has left

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The U.S. SEC’s Cash-Only Requirement for Bitcoin ETFs is “Nonsense,” Says Vaneck Director

An Absurd Requirement The director of Digital Assets Strategy at asset management firm Vaneck, Gabor Gurbacs, has criticized the U.S. Securities and Exchange Commission (SEC) for its cash-only requirement for spot bitcoin exchange-traded funds (ETFs). Gurbacs believes that this requirement is unnecessary and called it "nonsense" on social media platform X. Public Companies Already Hold

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Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’

Paolo Ardoino Reflects on Tether's Growth Tether CEO Paolo Ardoino recently took a moment to look back on the journey of the company and celebrate its current achievements. In a post on X, Ardoino expressed his delight in Tether's USDT stablecoin reaching an impressive $91.5 billion market cap across multiple blockchains. He also highlighted the

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Okx to Cut Ties With Privacy Coins Amid Regulatory Heat, Triggering Market Dip

Okx Removes Spot Trading Pairs Linked to Privacy Tokens In response to the recent removal of privacy coins by Binance, Okx, a cryptocurrency exchange, has announced that it will also be removing various spot trading pairs associated with privacy tokens such as monero, zcash, and dash. This decision by Okx is attributed to user feedback

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