The non-fungible token (NFT) market faced its worst performance in four years in 2024, with trading volumes and sales dropping by 19% and 18%, respectively. 2024 NFT Trading Volumes Fell to a Quarter of 2022 Levels The non-fungible token (NFT) market experienced its worst performance in four years in 2024, with trading volumes and sales […]
SEC Chief: Bitcoin Clear but 15,000 Crypto Tokens Face Uncertain Fate
SEC chair warns most crypto tokens lack compliance and face uncertain futures, while bitcoin, compared to gold, stands as a speculative but enduring asset. SEC Chief: Bitcoin Sets the Standard While Crypto Tokens Face Tougher Laws Outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler defended his regulatory stance on cryptocurrency in an interview […]
Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will […]
Bitcoin Technical Analysis: Bulls Face an Uphill Battle as Resistance Looms at $98,000
Do Kwon Extradited to US to Face Crypto Fraud Charges
Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his company’s Terrausd and Luna cryptocurrencies in 2022. The collapse caused billions of dollars in losses across the market. Do Kwon […]