Binance, the world’s largest cryptocurrency exchange, has halted all services in Nigeria due to increasing regulatory scrutiny. Suspension of Nigerian Naira Services Effective Friday, Binance will convert all remaining Nigerian naira (NGN) balances in user accounts to Tether’s stablecoin (USDT). By March 8th, all NGN-denominated balances will be converted to USDT. Additionally, Binance will delist…
A crypto analyst predicts that Shiba Inu (SHIB) is poised to soar to $0.0001, a 100% increase from its current price. Roadmap to $0.0001 Oscar Ramos, a cryptocurrency investor and analyst, believes SHIB will reach $0.0001 during the 2024 bullish cycle. He bases this prediction on the coin’s historical performance, including its massive rally to…
Bitcoin (BTC) has made history by breaking its previous all-time high in US dollars. This resurgence comes after a challenging year for the crypto industry. Factors Driving the Surge The approval of multiple Bitcoin ETFs by the U.S. Securities and Exchange Commission has brought a surge of capital into the leading cryptocurrency. Additionally, BlackRock’s iShares…
A trader who invested just $310 in the Solana-based memecoin Dogwifhat (WIF) in late November now has a portfolio worth over $4.1 million. WIF’s Meteoric Rise According to crypto tracker Lookonchain, the trader purchased 2.58 million WIF for 5.288 SOL, which was worth $310 at the time. Since then, the value of WIF has skyrocketed…
Crypto analyst Kaleo predicts a surge in memecoin activity on the Avalanche (AVAX) blockchain. AVAX Poised for Growth Kaleo believes that AVAX could see multiple memecoins with market caps exceeding $200 million. He predicts a potential price target of $100 for AVAX, representing a 130% increase from its current value. Pepe Soars in Price Discovery…
Crypto expert Altcoin Psycho predicts a major surge for altcoins, a group of cryptocurrencies other than Bitcoin. Historical Patterns Altcoins have historically experienced significant gains during the second phase of a bull market, according to Psycho. Traders who have profited from Bitcoin and meme coins are likely to invest in altcoins, triggering a rally. Altcoins…
Analyst: Bitcoin Warming Up for Major Rally Despite recent gains, analyst Willy Woo believes the real Bitcoin bull market is yet to come. He describes the current surge as a mere “warm-up” for a much larger rally. Traditional Markets in for a Surprise Woo warns that the Bitcoin Macro Index shows that the recent price…
Bitcoin Whale Moves 1,000 BTC A massive chunk of Bitcoin that had been sitting idle for over a decade has suddenly been moved by a “whale” investor. Age-Old Coins on the Move The “Spent Output Age Bands” (SOAB) indicator tracks the movement of Bitcoin coins based on how long they’ve been dormant. The 10+ years…
Price Surge Bitcoin has been on a tear, hitting an all-time high of $69,200. This surge is partly due to the success of Bitcoin spot ETFs, which have made it easier for investors to buy and hold Bitcoin. Analyst Predictions Crypto analyst Mark Harvey believes Bitcoin has even more room to grow. He cites factors…
MicroStrategy, a company known for its investments in Bitcoin, has announced plans to increase its holdings of the cryptocurrency. More Bitcoin for MicroStrategy MicroStrategy, the largest public holder of Bitcoin, has been a long-time supporter of the digital currency. The company has been buying Bitcoin since August 2020 and has held onto its assets through…
