The cryptocurrency market has given up some of its gains after underperforming over the last 24 hours. Bitcoin, the leading cryptocurrency by market cap, tapped the $74,000 level on Wednesday but has now slightly retraced and trades around $70,000. XRP, the native coin of the Ripple ecosystem, has also been consolidating around the $1.40 region
Dubai’s digital assets regulator has warned that cryptocurrency exchange KuCoin has been operating in the emirate without the required authorisation. The alert from the Virtual Assets Regulatory Authority (VARA) states that the platform does not hold a licence to provide virtual asset services in or from Dubai. As a result, the regulator said the company
The crypto market has underperformed in the last 24 hours after an excellent performance earlier this week. Solana’s SOL is the worst performer in the top 10, down 5% in the last 24 hours and now trading below $90. The coin risks a bearish flip within a broader consolidation range. However, data shows cumulative flow
Oil prices continued to surge on Friday, with the market increasingly eyeing the $100 per barrel mark amid ongoing geopolitical tensions. Prices hit a nearly two year high on Friday. Crude oil prices had eased slightly earlier on Friday following Washington’s decision to issue waivers for Russian oil purchases to help alleviate supply constraints. Prices
The native token of OKX, OKB, has jumped more than 25% in 24 hours as investors reacted to a Wall Street partnership and the launch of Orbit, an in-app social platform that blends trading tools with social interaction. The rally pushed the token to an intraday high of $117.60 before settling down to around $97.53
The Bank of Canada has completed a market experiment examining how tokenised bonds could move through financial systems using blockchain infrastructure. The project involved several of the country’s largest financial institutions and centred on a short term security issued by Export Development Canada. The test explored how distributed ledger technology could support the creation, trading,