Controversy Surrounds Crypto Influencer Sahil Arora’s Alleged Involvement in Fraudulent Iggy Azalea Token Sale

Crypto promoter Sahil Arora faces backlash over fake Iggy Azalea token presale Sahil Arora’s Misleading Presale of IGGY Token Sahil Arora recently made headlines in the cryptocurrency world after raising $380,000 in the presale of IGGY token, claiming it was Iggy Azalea’s official cryptocurrency. However, investors quickly realized they had been deceived as funds from…

Read More

German MP Calls on Government to Halt Bitcoin Sales

Charmingly eccentric, full of personality, and designed for maximum reader engagement Bundestag member Joana Cotar strongly criticized the German government’s recent decision to sell a substantial portion of its Bitcoin holdings The German government recently moved over $195 million worth of Bitcoin to various crypto exchanges, including Coinbase, Kraken, and Bitstamp. The move has contributed…

Read More

Bitcoin’s Bull Run Blues: Price Plummets Below 200-Day Moving Average, But Is It Really Cause for Concern? Let’s Dive In!

Bitcoin’s Bullish Cycle Questioned as Price Falls Below 200-Day Moving Average Onchain Highlights DEFINITION: The 200 Day Simple Moving Average is a common technical indicator in Technical Analysis, commonly associated with the transition point between a Bull and Bear market. Bitcoin price movements are influenced by various technical models that provide insight into market trends…

Read More

South Korea Takes a Stand: Strengthening Crypto Exchange Oversight with a New Monitoring System

South Korea to Tighten Crypto Exchange Oversight with New Monitoring System Introduction South Korea’s Financial Supervisory Service (FSS) has announced plans to tighten oversight of crypto trading platforms under its jurisdiction in order to eliminate fraudulent transactions. The regulator stated in a notice on July 4 that local exchanges will be required to establish a…

Read More

Navigating the Challenges of Raw Material Shortages: Manufacturing and Extractive Industries Production Index Drops to 95.54

Manufacturing, Extractive Industries Production Index Falls to 95.54 Amid Raw Materials Shortage The Current Situation In April, Egypt’s manufacturing and extractive industries production index dropped to 95.54, a decrease of 12.61% from the previous month’s final figure of 109.33. The decline, as reported by the authorities, is a result of a shortage in raw materials…

Read More