The AVAX token, used on the Avalanche blockchain, currently holds the 12th position in terms of market capitalization. With over 440 million AVAX tokens in circulation and a trading volume exceeding $396 million in the last 24 hours, it is evident that AVAX is a significant player in the cryptocurrency market. However, recent price movements
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The recent performance of VeChain (VET) in the cryptocurrency market has left much to be desired. Like many other altcoins, VET has faced challenges and failed to meet the expectations that were set at the beginning of the year. This decline in value has raised concerns among investors and analysts who were hopeful for a
The International Monetary Fund (IMF) has recently put forward a recommendation for Nigeria to embrace the regulated use of digital assets by licensing international crypto exchanges. This recommendation is aimed at enhancing the country’s economic stability and boosting its position within the African crypto sector. It comes in the midst of a regulatory crackdown on
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The proposed Financial Innovation and Technology for the 21st Century (FIT21) Act, set for a potential House floor vote by the end of May, aims to provide the crypto industry with greater clarity regarding regulatory oversight. The bill addresses key issues of market oversight and consumer protection, which have long been sources of uncertainty in
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In the current crypto market, there is a sharp pullback following US economic data and hawkish remarks from Federal Reserve policymakers. Bitcoin (BTC) has dipped, and traders are on the lookout for altcoins with strong bullish momentum. However, finding strong performing altcoins in the bearish market can be challenging. The recent US economic data showing
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An influential trader, Bluntz Capital, recently expressed concerns about DogWifHat’s future, suggesting that the popular Solana meme coin could potentially crash to as low as $1 from its current price of $3.17. Bluntz’s analysis of the price action over the past few weeks indicates a slow and corrective movement, leading him to believe that a