Africa Crypto News Recap: South African Court Supports Digital currency, Kenya Set to Hold Blockchain Conference, Blockchain.com Expands in Nigeria
Africa digital currency updates: A High Court in Gauteng, South Africa, has determined that crypto asset is not bound by trading protocol controls. A crypto conference is slated to take place in Kenya in June. Blockchain.com is establishing a presence in Nigeria. South
More than $800M Liquidated as BTC Value Drops Significantly
Bitcoin has just reminded us all that it’s still the rebellious force in the financial sector. After flirting with all-time highs at the start of this month, the price plummeted to approximately $104,000 on May 30, resulting in billions in lost value overnight.
Farage Urges Establishment of BTC Reserve and Lifting of Crypto Bank Prohibitions
Nigel Farage is no longer just making waves in UK politics; he is now aiming to disrupt the whole financial landscape. At the Bitcoin 2025 event in Las Vegas, the leader of Reform UK unveiled a series of proposals that resemble a digital
Why Is Crypto Plummeting? All You Need to Understand About the New Congressional Crypto market Legislation
What’s causing the crypto downturn? One factor is that the regulatory conflict regarding crypto seems to be approaching a resolution, and the news isn’t entirely favorable. A fresh piece of legislation—known as the CLARITY Act—has been introduced in Congress, suggesting transferring regulation of
Will the Fed Reduce Rates in June? Inflation Concerns Spark Bitcoin Shift to New Memecoin
No reductions, no increases—only more economic distress, and investors are attributing it to President Donald Trump. In the meantime, as cryptocurrencies plummet, a new meme coin is gaining traction in the marketplace. The May minutes from the Fed indicate rates remaining stable at
This Week in Crypto Asia: Thailand To Restrict Access To Bybit, OKX, CoinEx
Thailand’s Securities and Trading protocol Commission (SEC) plans to restrict access to Bybit, OKX, CoinEx, 1000X, and XT.COM beginning on 28 June 2025. A 30 May 2025 Thai SEC news noted that the move to block these five prominent exchanges stems from accusations
EigenLayer Leads Trends Amid Decentralized finance Market Decline: What’s Happening?
EIGEN is gaining popularity, and uptrend investors remain optimistic notwithstanding the recent dump. With the EigenLayer TVL increasing by 41% in just a month, will EIGENUSDT reach $5 within the next few months? The overall digital currency trading market capitalization has decreased almost
Binance Triumphs Over the SEC as Lawsuit Subtly Vanishes
In what seems like a significant turning point, the Securities and Exchange Commission has formally ended its legal action against Binance and its founder, Changpeng Zhao. The lawsuit against Binance represented one of the final outstanding confrontations from the government's earlier crackdown on
BlackRock’s Bitcoin ETF Achieves Record-Breaking Inflows of $6.2B in May
BlackRock’s iShares Bitcoin Trust (IBIT) is concluding May on a high note. The BlackRock BTC ETF accumulated over $6.2 billion this month, achieving a new ledger. This isn’t just a remarkable month; it’s the best since IBIT’s inception, and that wasn’t too long
US Court Halts $57M in USDC Due to LIBRA Token Dispute
A federal court in the United States has placed a freeze on roughly $57.65 million worth of USDC stablecoins related to a class action lawsuit concerning the LIBRA crypto token scam that occurred a few months back. On May 28, 2025, the Southern
