ETHEREUM NEWS (ETH)

Detailed news on Ethereum and its ecosystem.

KRA’s Move to Track Crypto Transactions and its Impact on the Crypto Market in Kenya

The Kenya Revenue Authority (KRA) is stepping up its efforts to regulate the cryptocurrency market by integrating a new revenue system that tracks transactions made on cryptocurrency exchanges. According to a recent article published in Business Daily on October 15, 2024, this move is aimed at combating tax evasion, fraud, and money laundering activities. The […]

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JP Morgan’s Entry into Kenya(JP Morgan holds the title of the largest bank in the world as measured by market capitalization.): A Game-Changer for Financial Markets and the Future of Crypto

In a significant development for Kenya’s financial landscape, the Central Bank of Kenya (CBK) has granted authority to JP Morgan Chase Bank N.A. to establish a representative office in the country. This move not only enhances Kenya’s position as a leading financial hub in East Africa but also opens doors for future integration of modern

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Kenya Crypto Magazine Partners with Chasing Mavericks for Kenya’s First-Ever Blockchain Costume Party!

Kenya Crypto Magazine is excited to announce our partnership with Chasing Mavericks for an event that promises to be the highlight of Kenya’s crypto scene this year: The Blockchain Costume Party! As a leading voice in the blockchain and cryptocurrency space, we are thrilled to collaborate with such a dynamic team to bring this groundbreaking

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Cryptocurrency Market Overview 11TH OCTOBER 2024: BTC Holds $60K, WIF & UNI Surge by 8-10%

The cryptocurrency market on October 11 exhibited a mixed performance, with some altcoins soaring while Bitcoin (BTC) held steady at $60K, despite market speculations. Several major cryptos, including Ethereum (ETH), Solana (SOL), and XRP, displayed positive price movements, while meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) faced minor losses. However, top gainers

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US Inflation Falls to 2.4%, Higher Than Expected: Crypto Markets React as Next CPI Date Set for November 13th

Yesterday, the US Consumer Price Index (CPI) for September revealed an annual inflation rate of 2.4%, slightly higher than market expectations of 2.3%. While inflation cooled from the previous month’s 2.5%, the unexpected result triggered concerns across financial markets, including the cryptocurrency space, as traders reassessed the outlook for monetary policy. September CPI Report: Key

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“Fears of ETH Selloff Grow as China Moves 542,000 ETH from PlusToken Seizure”

Earlier today, Ethereum (ETH) faced a sudden wave of selling pressure, with its price slipping over 2% to dip under the crucial $2,400 level. This decline comes amid reports that the Chinese government has begun moving large amounts of ETH linked to the notorious multi-billion dollar PlusToken Ponzi scheme. According to on-chain data, Chinese authorities

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