Growing up in Edo State, Nigeria, I was surrounded by a supportive and loving family. My parents and siblings played a significant role in shaping my values and beliefs. They were not just family to me, they were my idols and mentors, guiding me through life’s ups and downs. Their unwavering support and encouragement have
Brazil’s Special Department of Federal Revenue is taking significant steps to regulate foreign crypto exchanges operating within the country. The tax department has announced plans to collect information from these exchanges to ensure their compliance with local regulations. This move comes as a response to the growing concerns regarding the operations of foreign exchanges and
Recent reports have surfaced regarding the Financial Supervisory Service (FSS) in South Korea instructing registered crypto exchanges to evaluate various tokens on their platforms. This directive is in line with the Virtual Asset User Protection Act, which requires exchanges to adhere to strict compliance and conduct regular assessments of listed tokens. The law also mandates
The recent data from CoinShares reveals a significant change in investor sentiment towards crypto funds, with outflows totaling $600 million following five weeks of consecutive inflows. This sudden shift in trend has sparked discussions within the crypto community about the possible reasons behind this exodus of funds from the market. The outflows were primarily concentrated
Crypto analyst Jelle has recently made a bold projection regarding Ethereum’s price, forecasting it to surge to $5,000 by the end of the year. This optimistic outlook comes at a time when Ethereum has been stabilizing above the $3,500 mark, following a correction from its peak in March. Jelle’s analysis points to a pivotal moment
The Securities and Exchange Commission’s (SEC) crypto asset enforcement chief, David Hirsch, made headlines on June 17 when he announced his departure from the agency. After nearly nine years of service at the SEC, Hirsch expressed his pride in the groundbreaking work accomplished by the Crypto Assets and Cyber Unit team under his leadership. Taking
As the winds of change blow through the Bitcoin market, a noticeable shift in investor behavior has emerged. The recent report by Bitfinex Alpha highlights this transformation, revealing a contrasting dynamic between short-term traders and long-term hodlers. The rise of spot Bitcoin ETFs has paved the way for a new breed of investors seeking quick
With the recent $4.5 billion SEC settlement, Terraform Labs CEO Chris Amani has made the decision to wind down the company and transition Terra into a community project. Amani emphasized the need for the community to take over ownership of the chain, signaling a shift in direction for the project. This move indicates a decentralization
Terraform Labs, the defunct crypto firm behind the Terra blockchain, has recently come to a settlement agreement with the Securities and Exchange Commission (SEC). The SEC has accused the company and its co-founder, Do Kwon, of engaging in fraudulent activities related to the defunct blockchain, resulting in massive losses for investors. As part of the
In a recent analysis, prominent crypto analyst Dave the Wave provided a bullish narrative for Bitcoin, despite the recent setback in the flagship crypto’s price. He suggested that Bitcoin could potentially rise to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. Dave the Wave also highlighted an ascending diagonal line, which
