Nigerian President Tinubu Files for Fresh Order on Binance Execs’ Detention
CoinGape (RSS)
The Federal Government of Nigeria, under President Tinubu‘s administration, has sought an extension of the detention of two Binance officials. The Economic and Financial Crimes Commission (EFCC) went to the magistrate’s court in Abuja seeking a new order to extend the detention of the US citizen Tigran Gambaryan and the British Kenyan Nadeem Anjarwalla. This is one of the developments in Nigeria’s wide crackdown on cryptocurrency platforms.
Gambaryan and Anjarwalla have been in custody for the last fortnight. The EFCC seeks further remand of the individuals while investigations are in progress. The first court decree permitting their confinement expired on Tuesday. When contacted, the EFCC spokesm...
View original post
CoinGape (RSS)
The Federal Government of Nigeria, under President Tinubu‘s administration, has sought an extension of the detention of two Binance officials. The Economic and Financial Crimes Commission (EFCC) went to the magistrate’s court in Abuja seeking a new order to extend the detention of the US citizen Tigran Gambaryan and the British Kenyan Nadeem Anjarwalla. This is one of the developments in Nigeria’s wide crackdown on cryptocurrency platforms.
Gambaryan and Anjarwalla have been in custody for the last fortnight. The EFCC seeks further remand of the individuals while investigations are in progress. The first court decree permitting their confinement expired on Tuesday. When contacted, the EFCC spokesm...
View original post
Here’s When Dogecoin Price May Return On Recovery Trend to Surpass $0.2
CoinGape (RSS)
Dogecoin Price: Amid the weekend sell-off in the crypto market, the popular memecoin DOGE witnessed a 21% correction with its price falling from $0.192 to $0.15. However, the correction lies within the safety net of the Fibonacci retracement tool and develops a bullish continuation pattern to indicate the asset is poised for further growth.
Also Read: 4 Under $1 Crypto Gems To Buy With 1000X Potential In 2024
Will $0.15 Support Hold Amid Market Correction?
Dogecoin Price| Tradingview
Dogecoin (DOGE), the largest memecoin by market cap, has witnessed a surge in volatility recently evidenced by the long-...
View original post
CoinGape (RSS)
Dogecoin Price: Amid the weekend sell-off in the crypto market, the popular memecoin DOGE witnessed a 21% correction with its price falling from $0.192 to $0.15. However, the correction lies within the safety net of the Fibonacci retracement tool and develops a bullish continuation pattern to indicate the asset is poised for further growth.
Also Read: 4 Under $1 Crypto Gems To Buy With 1000X Potential In 2024
Will $0.15 Support Hold Amid Market Correction?
Dogecoin Price| Tradingview
Dogecoin (DOGE), the largest memecoin by market cap, has witnessed a surge in volatility recently evidenced by the long-...
View original post
Crypto Taxes Amid Bitcoin (BTC) Bull Run, Here’s What You Need to Know
CoinGape (RSS)
In light of the leading cryptocurrency Bitcoin (BTC) touching new levels, some experts have drafted crypto tax rules that they believe would be useful to investors, especially those planning to delve into the crypto space in this current bull market.
IRS Demands Crypto Tax Reports
Bitcoin went as high as $73,000 this week, a move that was triggered by the massive demand for spot Bitcoin ETFs.
The price marked a new All-Time High (ATH) for the flagship digital asset. In the last 24 hours, the Bitcoin price has plummeted to $67,947.01 but the coin remains up by more than 50% year to date.
Looking at how far Bitcoin has surged thus far in three months, cou...
View original post
CoinGape (RSS)
In light of the leading cryptocurrency Bitcoin (BTC) touching new levels, some experts have drafted crypto tax rules that they believe would be useful to investors, especially those planning to delve into the crypto space in this current bull market.
IRS Demands Crypto Tax Reports
Bitcoin went as high as $73,000 this week, a move that was triggered by the massive demand for spot Bitcoin ETFs.
The price marked a new All-Time High (ATH) for the flagship digital asset. In the last 24 hours, the Bitcoin price has plummeted to $67,947.01 but the coin remains up by more than 50% year to date.
Looking at how far Bitcoin has surged thus far in three months, cou...
View original post
Bitcoin FOMO: People Are Buying Bitcoin Beyond $70 K Price
CoinGape (RSS)
Bitcoin price has dropped to $68,091.34 after setting the ATH value of $73,750.07 on the 14th of March. After years of struggling in the bearish zone, it has achieved a deserving price. In 2022, there was a time when Bitcoin hit as low as $15,885, and many experienced investors took that as an opportunity to buy at low and sell at high, which is going on right now.
Many addresses are still buying more BTC when the price is this high. This has shocked the community on what they are missing. So what’s happening? Let’s discuss that.
Bitcoin FOMO: 500K Addresses Bought Bitcoin Near ATH
According to the IntoTheBlock data, more than 533,330 addresses got involved in Bitcoin FOMO (Fear of Missing Out), where they bought Bitcoin between the $70,180 to $71,340 price range.
IntoTheBlock is a ...
View original post
CoinGape (RSS)
Bitcoin price has dropped to $68,091.34 after setting the ATH value of $73,750.07 on the 14th of March. After years of struggling in the bearish zone, it has achieved a deserving price. In 2022, there was a time when Bitcoin hit as low as $15,885, and many experienced investors took that as an opportunity to buy at low and sell at high, which is going on right now.
Many addresses are still buying more BTC when the price is this high. This has shocked the community on what they are missing. So what’s happening? Let’s discuss that.
Bitcoin FOMO: 500K Addresses Bought Bitcoin Near ATH
According to the IntoTheBlock data, more than 533,330 addresses got involved in Bitcoin FOMO (Fear of Missing Out), where they bought Bitcoin between the $70,180 to $71,340 price range.
IntoTheBlock is a ...
View original post
Sam Bankman-Fried’s bankruptcy narrative revealed in new court documents
Cointelegraph.com News (RSS)
A Google document attached to the U.S. government sentencing memorandum reveals “random probably bad ideas” Sam Bankman-Fried had to repair his public image.
Cointelegraph.com News (RSS)
A Google document attached to the U.S. government sentencing memorandum reveals “random probably bad ideas” Sam Bankman-Fried had to repair his public image.
Rising US Debt to Become the Catalyst for Surge in Crypto Markets
CoinGape (RSS)
Crypto markets have seen great trading sessions ever since the Bitcoin ETFs came into play. However, another big factor that can result in a huge price rally, is the rising US debt. The overall US debt currently stands at $34.5 trillion. The huge number has created worries around the debasement and authenticity of government assets.
Rising US Debt to Help Crypto Rally
The US debt is at an all-time high right now. Investors have become cautious about traditional financial markets as a result of this, as well as uncertainty around the Fed’s decision to decrease interest rates and the devaluation of currencies. The Bitcoin markets have so far shown resilience in the face of rising volatility and financial strain. Furthermore, data suggesting possible short-term market volatility suggests that government assets could weaken an...
View original post
CoinGape (RSS)
Crypto markets have seen great trading sessions ever since the Bitcoin ETFs came into play. However, another big factor that can result in a huge price rally, is the rising US debt. The overall US debt currently stands at $34.5 trillion. The huge number has created worries around the debasement and authenticity of government assets.
Rising US Debt to Help Crypto Rally
The US debt is at an all-time high right now. Investors have become cautious about traditional financial markets as a result of this, as well as uncertainty around the Fed’s decision to decrease interest rates and the devaluation of currencies. The Bitcoin markets have so far shown resilience in the face of rising volatility and financial strain. Furthermore, data suggesting possible short-term market volatility suggests that government assets could weaken an...
View original post
Andrew Kang Acquires Pepe NFT in Sotheby’s 3AC Liquidation
CoinGape (RSS)
Andrew Kang, co-founder of Mechanism Capital, has successfully acquired the original Pepe the Frog NFT. The major acquisition happened in a private sale conducted by Sotheby’s as part of the asset liquidation process of a now-defunct crypto hedge fund, Three Arrows Capital (3AC). However, intriguingly, the exact financial details of the sale remain undisclosed.
Sotheby Facilitates Pepe NFT Transaction
Sotheby, the auction house, confirmed the successful transfer of the Pepe NFT to Kang’s digital wallet, marking a new chapter in the asset’s storied history. Generated by the artist Matt Furie, this NFT features a scan from the Boys Club comic series where the notable “feels good man” meme is displayed. This item is noticeable as the very first authorized NFT depiction of the Pepe character, which ...
View original post
CoinGape (RSS)
Andrew Kang, co-founder of Mechanism Capital, has successfully acquired the original Pepe the Frog NFT. The major acquisition happened in a private sale conducted by Sotheby’s as part of the asset liquidation process of a now-defunct crypto hedge fund, Three Arrows Capital (3AC). However, intriguingly, the exact financial details of the sale remain undisclosed.
Sotheby Facilitates Pepe NFT Transaction
Sotheby, the auction house, confirmed the successful transfer of the Pepe NFT to Kang’s digital wallet, marking a new chapter in the asset’s storied history. Generated by the artist Matt Furie, this NFT features a scan from the Boys Club comic series where the notable “feels good man” meme is displayed. This item is noticeable as the very first authorized NFT depiction of the Pepe character, which ...
View original post
Crypto Gainers of the Week
CoinGape (RSS)
In the recent cryptocurrency market crash, significant altcoins like Ethereum, Dogecoin, and BNB experienced a 10% decrease in value. The sharp decline in the market was partly due to the significant decrease in the value of bitcoin, which dropped below $70,000. Despite the temporary chaos, certain cryptocurrencies have demonstrated resilience, soaring in values, indicating the possibility of substantial profits. Through CoinMarketCap data analysis, we can identify the top 5 crypto gainers of the week with price increases of more than 30%. This analysis will help us understand why they are growing in value and what that means for the broader market
Top Crypto Gainers This Week
Here is a list of top crypto gainers in the past week.
1. Book of Meme (BOME)
...
View original post
CoinGape (RSS)
In the recent cryptocurrency market crash, significant altcoins like Ethereum, Dogecoin, and BNB experienced a 10% decrease in value. The sharp decline in the market was partly due to the significant decrease in the value of bitcoin, which dropped below $70,000. Despite the temporary chaos, certain cryptocurrencies have demonstrated resilience, soaring in values, indicating the possibility of substantial profits. Through CoinMarketCap data analysis, we can identify the top 5 crypto gainers of the week with price increases of more than 30%. This analysis will help us understand why they are growing in value and what that means for the broader market
Top Crypto Gainers This Week
Here is a list of top crypto gainers in the past week.
1. Book of Meme (BOME)
...
View original post
Cardano Price Analysis: Recent Downturns Spark Investor Interest, Will ADA Hit $1?
CoinGape (RSS)
Cardano price analysis: ADA has exhibited notable resilience and growth in its price performance over the past month despite encountering intermittent corrections in its weekly chart amid a modest bearish trajectory.
At present, Cardano’s price stands at $0.7073, marking a slight 2.56 percent downturn across the four charts. However, investor sentiment remains buoyant, with optimism prevailing for a potential bullish upswing in the future.
The current market capitalization of Cardano stands at a robust $24.92 billion, firmly solidifying its position among the top ten digital currencies. Notably, ADA’s trading volume witnessed a notable 48% decline over the past 24 hours, settling at $842 billion following a minor market correction.
Cardano Price Analysis: Navigating Through Market Fluctuations
Since the onset of March, Cardano ha...
View original post
CoinGape (RSS)
Cardano price analysis: ADA has exhibited notable resilience and growth in its price performance over the past month despite encountering intermittent corrections in its weekly chart amid a modest bearish trajectory.
At present, Cardano’s price stands at $0.7073, marking a slight 2.56 percent downturn across the four charts. However, investor sentiment remains buoyant, with optimism prevailing for a potential bullish upswing in the future.
The current market capitalization of Cardano stands at a robust $24.92 billion, firmly solidifying its position among the top ten digital currencies. Notably, ADA’s trading volume witnessed a notable 48% decline over the past 24 hours, settling at $842 billion following a minor market correction.
Cardano Price Analysis: Navigating Through Market Fluctuations
Since the onset of March, Cardano ha...
View original post
EU Launches Investigations into AliExpress and LinkedIn Compliance with Digital Services Act
Cryptopolitan (RSS)
The European Commission has initiated investigations into the Chinese e-commerce platform AliExpress and the Microsoft-owned social network LinkedIn for their compliance with the Digital Services Act (DSA). This move underscores the EU’s commitment to enforcing regulations to safeguard consumer rights and address potential risks associated with digital technologies.
AliExpress probe: Ensuring consumer protection
AliExpress, a prominent Chinese e-commerce platform, is facing scrutiny over its consumer protection practices within the European Union. The investigation focuses on concerns related to the accessibility of potentially illegal products and pornographic content on the platform. This marks the first instance of a Chinese e-commerce entity being subject to potential enforcement action...
View original post
Cryptopolitan (RSS)
The European Commission has initiated investigations into the Chinese e-commerce platform AliExpress and the Microsoft-owned social network LinkedIn for their compliance with the Digital Services Act (DSA). This move underscores the EU’s commitment to enforcing regulations to safeguard consumer rights and address potential risks associated with digital technologies.
AliExpress probe: Ensuring consumer protection
AliExpress, a prominent Chinese e-commerce platform, is facing scrutiny over its consumer protection practices within the European Union. The investigation focuses on concerns related to the accessibility of potentially illegal products and pornographic content on the platform. This marks the first instance of a Chinese e-commerce entity being subject to potential enforcement action...
View original post
Bitcoin’s Long-Term Potential Outshines Short-Term Volatility
Cryptopolitan (RSS)
Amid a recent sharp pullback in Bitcoin’s price, Kris Marszalek, CEO of Crypto.com, offers insights into the situation, emphasizing a long-term perspective for investors.
Despite the cryptocurrency shedding some of its value from record highs, Marszalek views this correction as a beneficial step for the market, aimed at eliminating excessive leverage and fostering more sustainable growth.
Navigating Bitcoin’s price correction and long-term growth
Bitcoin’s price experienced a notable decline, dropping below $70,000 after surpassing $73,000, resulting in significant liquidations. Marszalek attributes this pullback primarily to activities in the options market and considers it a correction, noting that the current level of volatility is relatively low compare...
View original post
Cryptopolitan (RSS)
Amid a recent sharp pullback in Bitcoin’s price, Kris Marszalek, CEO of Crypto.com, offers insights into the situation, emphasizing a long-term perspective for investors.
Despite the cryptocurrency shedding some of its value from record highs, Marszalek views this correction as a beneficial step for the market, aimed at eliminating excessive leverage and fostering more sustainable growth.
Navigating Bitcoin’s price correction and long-term growth
Bitcoin’s price experienced a notable decline, dropping below $70,000 after surpassing $73,000, resulting in significant liquidations. Marszalek attributes this pullback primarily to activities in the options market and considers it a correction, noting that the current level of volatility is relatively low compare...
View original post
Binance Strengthens Token Listing criteria to safeguard investors
Cryptopolitan (RSS)
In response to recent regulatory challenges and its commitment to investor safety, Binance, the world’s leading cryptocurrency exchange, has implemented stricter criteria for token listings. These changes aim to fortify investor protection measures on the platform while ensuring transparency and accountability within the crypto ecosystem.
Binance strengthens listing criteria
Binance has revised its token listing process, imposing more rigorous conditions on crypto projects seeking to list their tokens on the exchange.
Cryptopolitan (RSS)
In response to recent regulatory challenges and its commitment to investor safety, Binance, the world’s leading cryptocurrency exchange, has implemented stricter criteria for token listings. These changes aim to fortify investor protection measures on the platform while ensuring transparency and accountability within the crypto ecosystem.
Binance strengthens listing criteria
Binance has revised its token listing process, imposing more rigorous conditions on crypto projects seeking to list their tokens on the exchange.
Binance Lists BOME: Surges 243% in 24 Hours, What’s Behind the Hype?
Cryptopolitan (RSS)
Amid a booming crypto market, meme cryptocurrencies are once again in the spotlight, captivating investors’ attention with their meteoric rises. Among these meme coins, one name has emerged as a standout performer: Book of Meme (BOME).
In a single day, BOME experienced an astonishing surge of over 200%, reaching a value of $0.0226. This surge propelled the coin’s market cap to $1.3 billion, positioning it at 88th place overall.
Binance listing boosts BOME’s rally
The surge in BOME’s value follows its listing on Binance, the world’s largest cryptocurrency exchange, which introduced the token on its futures market with leverage of up to 50x. Binance’s decision to list BOME was aimed at diversifying trading options on its platform and enhancing users’ trading experience.
Cryptopolitan (RSS)
Amid a booming crypto market, meme cryptocurrencies are once again in the spotlight, captivating investors’ attention with their meteoric rises. Among these meme coins, one name has emerged as a standout performer: Book of Meme (BOME).
In a single day, BOME experienced an astonishing surge of over 200%, reaching a value of $0.0226. This surge propelled the coin’s market cap to $1.3 billion, positioning it at 88th place overall.
Binance listing boosts BOME’s rally
The surge in BOME’s value follows its listing on Binance, the world’s largest cryptocurrency exchange, which introduced the token on its futures market with leverage of up to 50x. Binance’s decision to list BOME was aimed at diversifying trading options on its platform and enhancing users’ trading experience.
Honkai Star Rail Version 2.1 Unveils New Thrills
Cryptopolitan (RSS)
Gamers are on the edge of their seats as HoYoVerse drops the latest scoop on Honkai Star Rail Version 2.1. The update, set to launch on March 27, 2024, promises fresh faces and adventures in the beloved game. Available on PS5, Windows PC, and mobile platforms, this game continues to expand its universe. It’s now introducing Acheron, Aventurine, and Gallagher to its roster of characters.
Fresh faces in Honkai Star Rail
The upcoming patch brings three new characters. Acheron and Luocha will spearhead the first banner, boasting limited-time Light Cones that players can snag. The spotlight shines on Acheron, a 5-star Lightning Nihility warrior. She’s known for her prowess in weakening foes, shattering their defenses, and inflicting hefty damage. Joining the fray is Aventurine, another 5-star entrant but from the Imaginary Preservation class. Not just a s...
View original post
Cryptopolitan (RSS)
Gamers are on the edge of their seats as HoYoVerse drops the latest scoop on Honkai Star Rail Version 2.1. The update, set to launch on March 27, 2024, promises fresh faces and adventures in the beloved game. Available on PS5, Windows PC, and mobile platforms, this game continues to expand its universe. It’s now introducing Acheron, Aventurine, and Gallagher to its roster of characters.
Fresh faces in Honkai Star Rail
The upcoming patch brings three new characters. Acheron and Luocha will spearhead the first banner, boasting limited-time Light Cones that players can snag. The spotlight shines on Acheron, a 5-star Lightning Nihility warrior. She’s known for her prowess in weakening foes, shattering their defenses, and inflicting hefty damage. Joining the fray is Aventurine, another 5-star entrant but from the Imaginary Preservation class. Not just a s...
View original post