Nigeria has intensified its scrutiny of major cryptocurrency exchanges, including Binance and Coinbase, to combat financial crimes associated with digital assets. The country’s telecommunications companies have been ordered to restrict access to these crypto firms’ websites following guidelines issued by the Central Bank of Nigeria (CBN). Binance and Coinbase Restrictions In December 2023, the Central…
Chamber of Digital Commerce Raises Concerns The Chamber of Digital Commerce, a US-based crypto advocacy group, has accused Senators Elizabeth Warren and Sherrod Brown of attempting to destroy the entire cryptocurrency industry. The group argues that the lawmakers are leading an unprecedented attack on digital assets, particularly through Warren’s Digital Asset Anti-Money Laundering Act. Proposed…
A prominent crypto analyst is bullish on a peer-to-peer storage altcoin project backed by billionaires. Filecoin (FIL) Altcoin Sherpa, with over 200,000 followers on social media, believes decentralized storage network Filecoin (FIL) could soar more than 125% from its current value in the coming months. He suggests that FIL could flip the 50% level in…
A well-known cryptocurrency analyst, Bluntz, has expressed bullish sentiment for dogwifhat (WIF), a memecoin within the Solana (SOL) ecosystem. Bluntz believes WIF is poised to break through its all-time high of $0.47 and embark on a significant rally. Technical Analysis Bluntz’s analysis suggests that WIF has formed a descending channel chart pattern on the four-hour…
Cryptocurrency analyst Kevin Svenson warns of a potential significant correction for Bitcoin (BTC) after it reaches $60,000. Key Points: Svenson believes Bitcoin could see a 25% drop after the halving event in mid-April. A post-halving dip scenario back to $44,000 is a possibility. Short-term momentum remains bullish due to the upcoming halving. Bitcoin could still…
SBF Sticks with New Lawyers Despite Conflict of Interest Sam Bankman-Fried (SBF), the founder of the defunct crypto exchange FTX, appeared in court on February 21 to address a potential conflict of interest involving his new lawyers. SBF confirmed that he would stick with his new lawyers, Marc Mukasey and Torrey Young, despite the conflict….
Polygon, the Ethereum scaling platform, faces a critical juncture. Its recent final token unlock marks a milestone, but its MATIC token grapples with a price decline and underperformance compared to peers. Token Unlock: A New Era On February 21st, Polygon unlocked and transferred 273 million MATIC tokens, worth roughly $253 million. This final transfer signifies…
Key Findings: Around 729,400 Bitcoin wallets emptied in the last month. Bitcoin’s “Total Amount of Holders” has been declining since January 20th, while Ethereum and Tether’s have risen. The US SEC’s approval of spot Bitcoin ETFs may have influenced this trend. Bitcoin Wallets Exodus: Data from Santiment, an on-chain analytics firm, reveals a significant decline…
Phase One: Exclusive Claim for Original Shiboshi Holders Shiboshi NFTs, valued at around 0.14 ETH, are now available for claiming. Only original Shiboshi holders can claim an NFT within 48 hours. Claims are free, but gas fees apply. Phase Two: Minting for Doge Killer (LEASH) Token Holders LEASH token holders can mint Sheboshi NFTs at…
A prominent crypto strategist, Ali Martinez, is forecasting substantial upward movement for two artificial intelligence (AI)-related altcoins: Filecoin (FIL) and Worldcoin (WLD). Filecoin (FIL) Martinez believes that FIL, the native token of the decentralized storage network Filecoin, is poised for a significant breakout. He points to the project’s decentralized network, which offers a cost-effective alternative…
