Trade News

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  Coinbase CEO clears up rumors: government has not banned Nigerians from cryptocurrency exchanges

  2024-02-25 Trade News

  Coinbase, a prominent US-based cryptocurrency exchange, has refuted allegations that it was instructed by the Nigerian government to prevent its citizens from using its cryptocurrency trading services. The denial came directly from Coinbase CEO Boo Brian Armstrong, who addressed the issue via a post on X. Armstrong clarified that Coinbase's…

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  Optimism’s Fourth Airdrop: 22K Artist Awarded $37.6 Million in OP Tokens

  2024-02-23 Trade News

  The airdrop is an appreciation for talented creators and their ability to infuse creativity into the blockchain. Layer-2 scaling solution Optimism has announced the distribution of its latest fourth airdrop. A few months ago, the company distributed 19.4 million tokens to its users. The reward, dubbed "Optimism Drop #4," is…

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  Is it cottage-coin season yet? Glassnode data tells you the answer.

  2024-02-23 Trade News

  Below is the information on whether or not the current VC season is underway, as shown by the "VC Season Indicator" from Glassnode, an on-chain analytics company. Altseason Indicator on the Season of the Cottage Coin In its latest weekly report, Glassnode discusses the recent state of cottage season in…

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  South Korean Parties Pledge to Support Cryptocurrency Policies in Favor of ETFs and Tax Delays

  2024-02-23 Trade News

  Ahead of the South Korean elections in April, both the ruling and opposition parties are wooing voters with pro-cryptocurrency policies. South Korea, known for its massive cryptocurrency trading scene, could see these election promises positively impact the global cryptocurrency market.Bitcoin Miner According to local sources, the ruling People Power Party…

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  Coin’s FDUSD Market Cap Hits All-Time High, Overtakes USDC as Bitcoin’s Most Traded Stablecoin

  2024-02-23 Trade News

  FDUSD trading volume climbed 51.1% to $122 billion in January, making it the second most popular bitcoin pair after Tether's USDT. The First Digital US Dollar (FDUSD) stablecoin has overtaken Circle's US Dollar Token (USDC) as the second most popular Bitcoin pair in the last five months, thanks to CoinSecurity's…

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  Nvidia Revenues Record $60 Billion as Demand for Artificial Intelligence and Accelerated Computing Increases

  2024-02-23 Trade News

  Nvidia reported full-year net revenues of $60.9 billion, up 126 percent from 2022. Nvidia reported increased demand for generative artificial intelligence (AI) and accelerated computing in its latest earnings report on February 21st. Jen-Hsun Huang, Nvidia's founder and CEO, said, "Accelerated computing and generative AI have reached a tipping point,…

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  South Korea Proposes Delaying Cryptocurrency Taxes Ahead of Elections

  2024-02-22 Trade News

  South Korea's ruling People's Power Party believes that enacting cryptocurrency regulations is more important than implementing an immediate tax.Bitcoin Miner South Korea's ruling People's Power Party recently proposed a delay in the implementation of taxing cryptocurrency gains over a two-year period. The postponement was proposed in light of the upcoming…

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  6 Artificial Intelligence Torrents Expected to Challenge Chainlink’s Dominance by 2024

  2024-02-22 Trade News

  A spectacular convergence is taking place in the blockchain and artificial intelligence (AI) space, heralding an era where AI torrents are not only emerging cryptocurrencies, but are expected to challenge Chainlink's established dominance by 2024. Among these avant-garde tokens, they offer fresh narratives in the blockchain space, each blazing a…

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  ECB: Digital euros are for payment only, not for investment or holding

  2024-02-22 Trade News

  The European Central Bank has released a document and video promoting its digital euro and trying to allay concerns about the CBDC investments it is trying to restrict.Bitcoin Miner In a February 19 blog post, Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone explained that digital euro CBDCs…

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  South Korean Cryptocurrency Exchange Reports Nearly 50% Surge in Suspicious Transactions by 2023

  2024-02-21 Trade News

  South Korea's Financial Intelligence Unit reported a record number of cryptocurrency transactions suspected to be involved in money laundering, market manipulation and drug dealing in 2023.Bitcoin Miner South Korea witnessed a surge in cryptocurrency transactions, especially after the market recovery. Accordingly, the country's authorities received nearly 49 percent more alerts…

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