FRIEND, AKT and GRT prices soar as Bitcoin falls below $62k

Render, Akash Network and The Graph tokens rose on Friday, with TON and FRIEND also soaring. Bitcoin flactuated between $63k and $61k, with a sharp drop early hours during the US trading session.

AI Tokens Take The Baton From Memecoins To Lead A Market Resurgence

After last week’s bloodbath, cryptocurrency prices began climbing northwards again, this time on the backs of projects linked to artificial intelligence (AI).

Bitcoin Whales Powerful Enough to Revive Bullish Rally, Data Reveals

As the market observes a steady decline in Bitcoin’s price over the last week and into the new weekend, sentiments have become even more bearish.

Australian tax office targets 1.2M crypto investors for tax compliance

Australian Tax Office seeks data from 1. 2M crypto users for tax compliance. Cryptocurrencies are classified as taxable assets in Australia and capital gains tax applies. Global crackdown on crypto tax evasion has gained momentum, especially in Canada, Turkey, and the U.

Colombia’s largest bank launches crypto exchange and peso-pegged stablecoin

Bancolombia launches Wenia crypto exchange and COPW stablecoin in Colombia. The new crypto exchange aims to onboard 60,000 users in 1st year to compete with Binance and Bitso. Wenia is registered in Bermuda and will operate independently from other Bancolombia Group entities.

Nigeria plans to delist naira from all P2P crypto platforms

Nigeria aims to ban naira use on peer-to-peer (P2P) trading platforms. News comes after a meeting between the government represented by the Securities and Exchange Commission (SEC) and the blockchain community.

SEC goes after Robinhood; KangaMoon steady as market reacts

SEC issued a Wells Notice againast Robinhood, alleging securities violations. Crypto prices reacted lower, with Bitcoin (BTC) retreating to under $64,000. KangaMoon (KANG), a new crypto project for play-to-earn and SocialFi, continued to attract investors.