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Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins

Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and StablecoinsAround 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used fiat currency. Decline in 2021/2 Crypto-to-Stablecoin Volumes According […]

TRUMP dips after president admits ‘I don’t know much about it’

South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%

South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to delist WEMIX, the association claimed the information provided by the token’s issuer Wemade is false and has confused investors. Discrepancy Between WEMIX Circulating Supply […]

TRUMP dips after president admits ‘I don’t know much about it’

Altcoin SNM’s 4,000% Price Surge in 24 Hours Fuels Pump and Dump Claims

Altcoin SNM’s 4,000% Price Surge in 24 Hours Fuels Pump and Dump ClaimsThe trading price of the altcoin SNM suddenly rose by over 4,000% to $10.91 on Nov. 20, 5:30 a.m. (ET), while the coin’s 24-hour trade volume stood at just over $720 million. The altcoin’s abrupt price surge has fueled speculation that the altcoin is being targeted by a pump-and-dump group. Binance Dominates the Altcoin’s Trade […]

TRUMP dips after president admits ‘I don’t know much about it’

Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021

Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021Despite largely lagging behind the rest of the world on many other metrics, Africa however appears to have taken the lead where cryptocurrency or the blockchain is concerned. Africa-Based Kucoin Users Skyrocket in 2021 In African countries that are plagued by currency woes or hyperinflation, cryptocurrencies have emerged as a genuine alternative store of value. […]

TRUMP dips after president admits ‘I don’t know much about it’

Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion

Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top .5 BillionAccording to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume figure once again reaffirms Nigeria’s status as one of the exchange’s […]

TRUMP dips after president admits ‘I don’t know much about it’

P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates

P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still DominatesAccording to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally. Consequently, South Africa has now been relegated to the fourth position […]

TRUMP dips after president admits ‘I don’t know much about it’