Crypto News

Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation

Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency’s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still young, and there’s time for Nigeria to establish regulatory frameworks to govern its participants. Nigeria’s CurrencySource link

Prime Broker Hidden Road Adds Major Crypto Exchanges, Expands Use of BlackRock’s BUIDL Token

Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish.Source link

Binance Updates Monitoring Tag for Multiple Tokens Including BAL, CTXC, and CVX

Binance will extend the Monitoring Tag to include 11 new tokens and remove it from two tokens effective July 1, 2024. (Read More)Source link

Binance Kicks Off July Missions with 2,000,000 Binance Points in Rewards

Binance has launched its July Missions, offering users the chance to share 2,000,000 Binance Points through various tasks and activities. (Read More)Source link

Bitcoin’s Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows

Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price.Source link