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Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira


Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance...

Will the upcoming update to Cardano impact the price of ADA?


The Cardano protocol will receive a new update in order to facilitate the development of smart contracts on the Cardano network. It will be a novel product prompted by demand in the community. The next update on Cardano already includes the CIP-0069 proposal, which will facilitate the development...

El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy


El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this number of bitcoin was mined since 2021 using 1.5...

PEPE coin reached an all-time high, earning a whale $14 million


PEPE has significantly increased by 28.27% over the last 7 days and 110.67% over the last 30 days. This has sparked optimism within the ecosystem, causing several traders to consider their strategies for banking a decent profit. One whale has sold their share to make a profit of around $14 million....

Can Solana achieve a $100B market cap by 2024? Experts weigh in


Solana has been fighting for a while, and analysts believe that SOL will soon reach a market cap of over $100 billion by 2024, making it the fifth-largest cryptocurrency therein. With a market cap in the range of $73 billion, it currently ranks fifth, just behind Binance Coin.  Currently, the four...

Dogecoin ($DOGE) is aiming for a 15% surge


Dogecoin ($DOGE) has its hopes tied to how Bitcoin (BTC) makes a move on the price chart. So far, BTC has maintained its $65,000 margin by trading at $66,157.65, up 6.39% in the last 24 hours. DOGE is aiming for a growth rate of 15%. It is imperative for BTC to hold on to its …

US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday


U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero inflows over the past few trading sessions....

USDC Stablecoin Issuer Considers Moving Legal Home From Ireland to US


Circle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the United States. The decision is believed to be a response to the Organization for Economic Cooperation and Development’s (OECD) proposal for a minimum tax of 15% on...

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