The White House agreed to provisions in a crypto market structure bill that could ensure support from some Democratic lawmakers in the US Senate.According to a Tuesday Punchbowl report, White House officials met with Republican Senators Cynthia Lummis and Bernie…

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has attributed the scarcity of lower naira denominations to declining demand, rather than the apex bank’s decision to withdraw the notes and coins from circulation. Mr Cardoso made the…

Bitcoin and the broader cryptocurrency market looked poised for a recovery on Tuesday as progress on landmark US crypto legislation boosted sentiment, with analysts also pointing to a slowdown in the AI trade as a potential catalyst for capital rotating…

Nigeria’s gross external reserves have increased to $52.52 billion, providing import cover for approximately 11 months of goods and services, according to the Central Bank of Nigeria (CBN). CBN Governor Olayemi Cardoso disclosed this at the end of the 306th…

Researchers at the Bank for International Settlements (BIS) found that dollar-backed stablecoins are creating a new form of “digital dollarization” that appears largely unaffected by capital controls, particularly in emerging markets.The new study suggests governments may have less ability to…

Despite global instability, the Central Bank of Nigeria (CBN) remains confident that it can bring inflation down to single digits by early 2027. Speaking at the end of the 306th Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, CBN…

Bitcoin (BTC) built on gains at Tuesday’s Wall Street open as crypto echoed resilient US stock markets.Key points:BTC price action approached $67,000 despite new geopolitical and macroeconomic pressures.Neither the US-Iran war nor proposed international trade tariffs were able to disrupt…

Russia’s lawmakers moved the country closer to its first comprehensive crypto market framework after completing final readings on a bill that would regulate digital asset activity.Russia’s State Duma, the lower house of parliament, approved bill No. 1194918-8, titled “On Digital…

A decentralized exchange (DEX) backed by Robinhood is expanding into tokenized stocks and derivatives as platforms compete to build onchain markets for traditional assets.Arcus, a DEX built by the team behind decentralized trading platform dYdX and backed by Robinhood Crypto,…

Nearly 150 companies on Tuesday began the commercial bidding process for Nigeria’s oil and gas assets at the Commercial Bid Conference organised by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja. Among the companies participating in the exercise are…

Lending protocol Morpho has launched Morpho Midnight on Base, adding fixed-rate, fixed-term loans to its onchain credit network alongside the variable-rate markets offered through Morpho Blue. In an announcement sent to Cointelegraph, Morpho said the offer-driven protocol lets lenders and borrowers…

Crypto companies already licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) could still exit the market as compliance costs mount, according to Gate Europe’s CEO.Giovanni Cunti told Cointelegraph’s Chain Reaction on Monday that stricter regulatory requirements have made…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that 196 companies have qualified for the commercial bid stage of the 2025 oil licensing round, whilst 13 of the 50 oil blocks initially offered failed to attract bids and will…

Bitcoin (BTC) passed one-month highs on Tuesday as price action defied the odds to top $66,000.Key points:Bitcoin broke through resistance to hit $66,000 for the first time in more than a month.Traders see as much as 6% BTC price gains…

Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein have been ordered to pay over $6 million to settle Federal Trade Commission charges alleging they misrepresented the safety of the Celsius platform before the company collapsed. Goldstein, Celsius’ former chief technology…