In August 2022, the decentralized exchanges (DEX) witnessed a decrease in spot trading volume, totaling $179 billion. This marked a 9% decline compared to the previous month. Ethereum reclaimed its position as the blockchain with the highest on-chain trading activity, with approximately $52 billion traded, accounting for 29% of the total volume. On the other
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The Qatar Financial Centre (QFC) in Doha recently announced the introduction of a new regulatory framework aimed at governing digital assets in the region. The QFC Digital Assets Framework 2024 sets the stage for local and international companies to apply for licenses to operate as token service providers. This move signifies a significant step towards
In a recent announcement, the Singaporean entity of the crypto exchange OKX, OKX SG, revealed that it has successfully obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is highly coveted in Singapore, as it grants businesses the ability to operate without daily or monthly transaction limits. To
Bitcoin has recently experienced its second worst monthly close of the year in August 2024, with losses reaching 8.6%. This decline is only surpassed by the losses witnessed in April, when the price plummeted by 14.76% in a single month. The recent downward trend has left investors feeling uneasy about the future of Bitcoin’s price
Recently, the price of Ethereum has taken a hit, dropping below the $2,500 support level. This decline has raised concerns among investors and traders, as ETH could potentially fall towards the $2,250 support zone before any bullish movements are seen. Technical Analysis Upon analyzing the hourly chart of ETH/USD, it is clear that there is
Bitcoin, the leading cryptocurrency, experienced a drop in value recently, falling from $59,076 to as low as $57,127 within a short time frame. The decline has once again raised concerns about the ability of Bitcoin to weather economic downturns. With the looming threat of a US recession, the financial markets are filled with tension, impacting
Aayush Jindal is a prominent figure in the world of financial markets, with a career that spans over 15 years in Forex and cryptocurrency trading. His expertise in providing technical analysis has earned him a reputation as a trusted advisor and senior market expert to investors worldwide. From a young age, Aayush displayed a natural
Opeyemi is known for his proficiency in the world of cryptocurrency. His journey into the digital asset industry was not planned, but ever since he delved into it over two years ago, he has been captivated. Opeyemi takes pride in crafting unique pieces that demystify blockchain technology while sharing valuable insights on the latest trends
I was raised in Edo State, Nigeria, surrounded by my three siblings who served as both my idols and mentors. My upbringing was greatly influenced by my parents, who have always been the pillars of support in my life. Their unwavering guidance and presence have provided me with a sense of security and grounding that
Growing up in Edo State, Nigeria, Godspower Owie was surrounded by a supportive family that shaped his values and outlook on life. With three siblings as his idols and mentors, he learned the importance of growth and understanding the way of life. His parents played a crucial role in his upbringing, providing unwavering support through