Nigeria Affirms Binance Exec Trial Lawfulness As US Intervene
Nigeria continues legal proceedings against Binance executive amid rising tensions and pressure from US lawmakers for his release. The Nigerian government has reiterated its dedication to the conduct of lawful proceedings in the ongoing prosecution that involves Tigran Gambaryan, one of the top executives of Binance, a prominent cryptocurrency platform. Mohammed Idris, the Minister of […]
US Bitcoin ETFs Inflow Nears $500M Amid Lower Search Volume
On June 5, bitcoin exchange-traded funds (ETFs) in the US experienced an inflow of $488.1 million. However, Google data indicates a significantly lower volume of search. On June 4, the ETFs experienced their second-highest inflow day, totaling $886.6 million. Farside Investors data indicates that the Fidelity Wise Origin Bitcoin Fund (FBTC) accounted for the largest […]
New Law Empowers US President to Block Digital Asset Access
Commentators on X have expressed substantial apprehension regarding the recent enactment of a new law that grants the president of the United States the authority to restrict access to digital assets. On June 6, Scott Johnsson, a prominent figure in the digital assets sector, expressed his dissatisfaction with the law’s extensive scope, stating: “It’s hard […]
CoinDCX Targets $100M AUM with New Services
CoinDCX launches CoinDCX Prime for HNIs, Family Offices, and Institutional Investors, targeting $100M AUM by 2025. The recent inauguration of CoinDCX Prime, the latest offering from India’s foremost cryptocurrency exchange, has caused quite a stir. This new service, which is specifically designed for High-Net-Worth Individuals (HNIs), Family Offices, and Institutional Investors, is set to attain […]
Shiba Inu Burn Rate Increases By 3900% Amid Whale Buying
Shiba Inu’s burn rate shoots 3900% today amid massive whale buying. Optimism around the meme coin could support a SHIB price surge. In an extraordinary turn of events, the Shiba Inu (SHIB) meme coin has gained attention due to increased token burn rates. Shibburn, the platform that monitors the burn of SHIB tokens, reported an […]