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Bitcoin recently saw a price decline of 3.06% on Friday, dropping to as low as $60,372.36 according to CoinMarketCap. Despite this dip, trading analyst Titan of Crypto remains optimistic about Bitcoin’s future prospects. Titan of Crypto pointed out a bullish signal on the daily timeframe known as the bullish engulfing candle. This pattern suggests a
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The crypto industry is on the verge of receiving greater clarity regarding regulatory oversight through new legislation set to potentially go to a House floor vote by the end of May. The Financial Innovation and Technology for the 21st Century (FIT21) Act is the proposed legislation aimed at providing transparent regulatory frameworks for digital assets.
The International Monetary Fund (IMF) recently suggested that Nigeria should consider embracing the regulated use of digital assets by licensing international crypto exchanges. This proposal was included in the IMF’s consultation report for Nigeria, with the aim of enhancing the country’s economic stability and solidifying its position within the African crypto sector. The recommendation comes
The recent slump in crypto prices following US economic data has left traders searching for altcoins with bullish momentum that could potentially be the best crypto to buy at the moment. With Bitcoin dipping back to the low $61,000s and Fed officials expressing hawkish sentiments, the market is facing uncertainties about the future direction of
Cardano (ADA) has recently seen a significant reversal in its trading volume, indicating a potential upward trend for the cryptocurrency. This positive development has coincided with ultra-bullish predictions from various crypto analysts. Altcoin Daily, for example, has set a peak price target of $9 for Cardano in the current bull run. This optimistic outlook is
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One influential trader, Bluntz Capital, has recently raised concerns about the popular Solana meme coin, DogWifHat ($WIF). Bluntz believes that the current price of $3.17 could potentially see a significant crash, with the token dropping all the way down to $1. Their analysis indicates that the recent price action has been slow, overlapping, and corrective