Author: NBTC
The director general of the Nigerian Securities and Exchange Commission (SEC) has praised blockchain technology for its potential to improve efficiency and aid in capital market regulation. Blockchain Solutions for Africa’s Challenges Emomotimi Agama, director general of the Nigerian Securities and Exchange Commission, praised blockchain technology, saying it has the potential to improve efficiency and aid in capital market regulation. Agama added that the technology will be particularly helpful in Africa, where communities grapple with issues ranging from financial exclusion to inefficiencies in the public and private sectors. These bullish remarks on blockchain by Agama, who is considered a friend…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
The cryptocurrency market witnessed a mixed performance in December 2024, marked by a pullback in valuations across major digital assets. However, Bitcoin managed to end the year on a high note, delivering a staggering 121% gain for the entire year despite its recent decline. #Crypto valuations declined in Dec. after stronger returns earlier in the year. The pullback may have reflected more hawkish signals from the Federal Reserve. The last two #Bitcoin bull markets featured many drawdowns of a similar magnitude. Read more: https://t.co/jPNQzAxcEd pic.twitter.com/JrshN4x1M2 — Grayscale (@Grayscale) January 7, 2025 Grayscale Shares Secret Behind Bitcoin’s Growth The report states…
Ethereum continues to dominate the blockchain space, with 86% of all real-world assets (RWAs) on-chain being held on Ethereum and Ethereum Layer 2 solutions. Despite Ethereum’s dominance, Bitcoin and Ethereum are both seeing a consistent flow of capital into stablecoins, suggesting cautious market sentiment. The lack of significant altcoin movement further signals that the crypto market is in a consolidation phase. Ethereum Dominates the Real-World Asset Market Real-world assets allocated to the Ethereum mainnet and Layer 2 solutions operate at $3.80 billion while dominating most of the on-chain market. Ethereum maintains a substantial lead over blockchain platforms Solana and Polygon…
Kaspa leads with revolutionary BlockDAG technology for faster, scalable transactions. Radix’s Cerberus protocol enhances DeFi scalability and security, drawing investor interest. Injective Protocol dominates with unparalleled cross-chain trading for lucrative opportunities. The cryptocurrency market remains a highly active one when it comes to altcoins interest many tokens were popular this weekend. Those unique assets include Kaspa (KAS), Radix (XRD), Injective Protocol (INJ), Canto (CANTO) as well as Oasis Network (ROSE). It is important to state that all five projects described have been singled out for their uniqueness, the revenues to be expected from them, and the indicators of their effectiveness;…
Pro-crypto advocate John Deaton is accusing Bill Hinman, a former Director of the U.S. Securities and Exchange Commission (SEC), for “favoring” Ethereum (ETH) in his regulatory advisory tenure, owing to a controversial speech he gave in June 2018, which declared Ethereum and Bitcoin as non-securities. The allegations resurfaced thanks to John Deaton’s recent statements in a lengthy post on X today, pointing out to Hinman’s conflicts of interest during his time at the SEC. According to Deaton, Hinman, who was initially a partner but now advisor to the law firm Simpson Thacher & Bartlett, made millions from ongoing profit-sharing agreements…
Ethereum appears ready for a major move, with analysts watching closely for a breakout above $4,000—a key level for further gains. Ali Martinez predicts that if Ethereum breaks through resistance, it might climb to $7,400, $10,000, or even $14,000. The price currently hovers around $2,705.34, reflecting a 2.36% drop in the last 24 hours. Support is found at $1,850, while resistance at $4,000 stands as a major barrier. The price action suggests a period of consolidation, setting the stage for a sharp move that could change the market outlook. Key Support and Resistance Levels Ethereum has been moving within a…
Metaplanet’s move to a Bitcoin standard in April 2024 has propelled its stock into Japan’s top 50 by trading volume, CEO Simon Gerovich says. Japanese firm Metaplanet saw its market cap jump 7,000% after adopting the Bitcoin (BTC) Standard in April 2024. Metaplanet chief executive Simon Gerovich noted in an X post on Feb. 4 that the Tokyo-listed firm is now ranked “among the top 50 in terms of trading volume” among the approximately 4,000 listed companies in Japan. He also noted that “high liquidity” the company is currently facing represents a “sign of investor interest and also leads to…
Pi Network users must migrate their referral teams before January 31, 2025, or risk losing bonus Pi. A countdown timer and educational resources are available to help users complete the transition on time. Pi Network has deployed a countdown timer to inform the customers on its platform that the time is nearing for the members of the referral team to have to be shifted to the mainnet. The timer highlights the urgency of completing the transition before the grace period ends on January 31, 2025. How the Migration Deadline Affects Your Bonus Pi Earnings Users who fail to migrate their…
Russia’s main federal investigating authority is proposing new legislation for Bitcoin that could potentially criminalize its transfer through third parties. Russia’s Investigative Committee has put forward a proposal that could potentially affect the country’s cryptocurrency market. In early February, the agency’s Chairman Alexander Bastrykin announced during an extended board meeting that the committee had proposed to legally recognize cryptocurrency as property, Russian news outlet Interfax reports. He also suggested criminal liability for transferring electronic payment instruments to third parties. Russian legal experts interviewed by crypto.news divided on whether cryptocurrency falls under this term. But one thing is clear: if approved,…