Bitcoin transaction fees hit an all-time of $80 million. Stacks exec believes fees will go even higher as BTC L2 expands. After the fourth decrease in new Bitcoins rewarded for mining, Bitcoin miners have seen higher profits. On April 20th, Bitcoin transaction fees reached an unprecedented high of over $80 million, surpassing their previous peak … Read more
The Hong Kong Securities and Futures Professionals Association (HKSFPA) advises local crypto businesses to establish a self-governing body and keep an eye on each other to ensure adherence to regulations. According to the HKSFPA’s recommendation letter dated April 22, the financial market industry in Hong Kong places excessive emphasis on regulation. However, there isn’t any … Read more
Nadeem Anjarwalla, a citizen of both Britain and Kenya, and an employee at the cryptocurrency platform Binance, is said to have been taken into custody in Kenya following his departure from Nigeria in March. Based on multiple news reports from Kenya dated April 22, the local law enforcement authorities apprehended Anjarwalla and plan to hand … Read more
In the past week, there have been numerous significant developments that have shaped the crypto market. The US and UK introduced new regulations, while Germany and Hong Kong surprised us with approvals. Bitcoin experienced thrilling fluctuations, and a catchy crypto theme song even made an appearance. Thus, let’s discuss the top crypto news that marked … Read more
The Shiba Inu (SHIB) canine memcoins project has secured $12 million through a private token sale for its upcoming TREAT utility and governance token, which is yet to be released. In the announcement on April 22, it was revealed that the investment group consisted of Comma 3 Ventures, Big Brain Holdings, Cypher Capital, Shima Capital, … Read more
Buying pressure on Shiba Inu increased last week. Market indicators hinted at a continued price rise. Over the past week, SHIB, the cryptocurrency represented by Shiba Inu, experienced remarkable expansion. Its worth increased by more than ten percent, causing a significant jump in its market value ranking. As a result, SHIB now holds the position … Read more