Binance, one of the largest cryptocurrency exchanges in the world, has recently found itself embroiled in a contentious dispute with Nigerian authorities. This conflict has escalated to the point where two senior executives from Binance were detained in Nigeria due to allegations of manipulating the local fiat currency. Despite acknowledging Nigeria’s “extraordinary potential,” Binance has
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MicroStrategy has recently announced plans to acquire an additional Bitcoin by raising $500 million in convertible debt offerings. This move comes on the heels of the company’s sale of $800 million in convertible debt offerings, which was used to purchase approximately 12,000 BTC. The total Bitcoin holdings of MicroStrategy now stand at 205,000 BTC, valued
Crypto.com, a popular crypto trading platform, has recently been hit with a substantial fine of €2.85 million ($3.1 million) by the Netherlands Central Bank. The penalty was imposed on Crypto.com’s Dutch trading entity, Forix DAX Mt, for operating within the European country without proper registration for a period of two years. This violation of Dutch
Ethereum (ETH) recently completed a significant software upgrade known as Dencun, which aims to enhance the network ecosystem’s cost-effectiveness, particularly focusing on Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base. This upgrade has resulted in a substantial decrease in transaction costs on these networks, making fees drop from dollars to cents or even
The collaboration between PIXELYNX, Animoca Brands, and Banijay Brands has resulted in the creation of a new NFT collection inspired by the “Nosedive” episode from the popular TV series Black Mirror. Named “Black Mirror Experience: Smile Club”, this collection has taken the NFT market by storm, selling out in less than three hours after its
The current sentiment surrounding NEAR Protocol remains bullish within the crypto community, with traders’ predictions of a potential $8 target coming to fruition. After a minor retracement, NEAR Protocol is currently trading at $7.85, marking a 24-hour change of -2.8%. The price surged by 70% out of consolidation at lower support above $5.15 on March
The CEO of Jan3 and Bitcoiner, Samson Mow, is maintaining his bold prediction that Bitcoin could reach $1 million in the near future. In a recent interview with ‘What Bitcoin Did’ host Peter McCormack, Mow elaborated on why he believes in this ambitious price target. He asserted that BTC’s current setup is conducive to a
The latest craze in the cryptocurrency market is the surge of meme coins, with the new Solana-based LAMBO token leading the charge. The token has seen an astronomical increase of +69,420%, sparking excitement among crypto enthusiasts. The infamous crypto meme ‘Wen Lambo?’ has now evolved into a tangible digital asset, capturing the attention of investors.
Ethereum has been on a bullish run, with expectations of reaching $5,000 in the near future. The cryptocurrency market analyst, Ali Martinez, has studied data from IntoTheBlock and suggested that Ethereum still has room to grow to hit the $5,000 mark. The current price of Ethereum is hovering above $4,000, showing strong bullish momentum. However,
The recent surge in the price of Bitcoin has attracted the attention of many investors and traders. With the price hitting new all-time highs, it is important to consider the role that large whales play in the market and how their selling can impact price volatility. Crypto analyst Ali Martinez has pointed out that large