OKX SG, a crypto exchange platform, has recently achieved a significant milestone by securing a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This achievement highlights the growing importance of Singapore as a global digital asset hub and showcases OKX SG’s commitment to the local community and ecosystem. Obtaining an MPI
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Bitcoin experienced its second worst monthly close of the year in August 2024, with losses amounting to 8.6%. This decline was surpassed only by the losses seen in April when the price plummeted by 14.76% in one month. The negative trend in August has left investors uncertain about the future of Bitcoin going into September.
Bitcoin’s recent price drop, from $59,076 to $57,127, has sparked concerns among investors. The looming threat of a US recession is causing tension in financial markets, with Bitcoin potentially feeling the impact more than ever before. The Federal Reserve’s upcoming meeting on September 17-18 has raised questions about monetary policy and the possibility of a
Ethereum price has taken a hit recently, with a decline below the $2,550 support level. This has resulted in ETH potentially diving towards the $2,250 support zone, indicating a bearish trend in the near future. The price is currently trading below $2,500 and the 100-hourly Simple Moving Average, making it a critical time for Ethereum
Aayush Jindal is a prominent figure in the financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His reputation as a skilled technical analyst and trusted advisor has earned him a loyal following among investors worldwide. From a young age, Aayush demonstrated a natural talent for decoding intricate systems and recognizing
Meet Opeyemi, a dedicated writer deeply immersed in the world of cryptocurrencies. Despite not initially choosing the digital asset industry, he has found himself captivated by it for over two years. Opeyemi prides himself on crafting insightful pieces that demystify blockchain technology and shed light on the latest trends in the crypto sphere. While some
Semilore Faleti has established himself as a prominent figure in the world of cryptocurrency journalism and content creation. His journey began with a diverse range of writing subjects, eventually leading him to specialize in blockchain technology and digital assets. With a passion for demystifying the complexities of cryptocurrencies, Semilore has become a respected voice in
The US Securities and Exchange Commission (SEC) has recently emphasized the importance of providing retail investors with more timely access to fund portfolio data. This data is vital for investors to make informed decisions, especially during times of market uncertainty such as the COVID-19 pandemic and geopolitical events. However, the current regulatory framework requires registered
The Nigerian Securities and Exchange Commission (SEC) recently granted Approval-in-Principle to two local crypto exchanges, Busha Digital Limited and Quidax, allowing them to operate under the Accelerated Regulatory Incubation Program (ARIP). This marks a significant step towards regulating the digital asset space in Nigeria and ensuring investor protection. The approval of Busha Digital Limited and
The recent $235 million hack of WazirX has raised many concerns and questions regarding the operations and ownership of the exchange. Co-founder and CEO Nischal Shetty has come forward to address some of these growing concerns. In response to inquiries on social media, Shetty revealed that he is still running the exchange “on their [owners]