Nigeria’s Securities and Exchange Commission (SEC) said it has granted approval in principle to two crypto exchanges Quidax and Busha, giving them the status of legally recognized crypto trading platforms in the country. The two exchanges were approved under the Commission’s Accelerated Regulatory Incubation Program (ARIP). In addition to that, the Commission said it has … Read more
Selling pressure on Bitcoin and Ethereum increased. SOL and DOGE also experienced price drops of over 4% within the last 24 hours. After several days of promising gains, the crypto market saw major corrections as several top coins tumbled. Therefore, AMBCrypto planned to take a closer look at the conditions of top cryptos such as … Read more
Bitcoin ETFs saw significant inflows as the market reacted to potential Fed rate cuts. BlackRock increased Bitcoin holdings, reflecting growing institutional interest amid changing economic conditions. Recent trends revealed a remarkable rise in Bitcoin [BTC] Exchange-Traded Funds (ETFs), inflows reached $202.6 million per August 26, according to Farside Investors. Despite this positive momentum in the … Read more
Bitcoin price action is turning bullish. Bitcoin attracts institutions because of its annual gains. Bitcoin [BTC] has closed above the Bull Market Support band, a critical level on the higher timeframe, after three consecutive weeks of staying below it. This rally signals potential for BTC’s price to move higher. Despite brief deviations, price action now … Read more