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Bitcoin Soars in Nigeria as Authorities Promotes Digital Money

Bitcoin (BTC) has seen an exponential increase in demand in Nigeria as the country’s central bank encourages the population to switch to digital cash. As a result, the price of Bitcoin has escalated tremendously above global market levels. The cost of one Bitcoin on Nigeria’s Crypto exchange NairaEx is currently trading at around 17.6 million…

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6 days ago

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Binance Faucets Mastercard to Introduce Crypto Pay as you go Card in Brazil (Report)

The world’s largest cryptocurrency exchange – Binance – joined forces with the multinational financial services giant – Mastercard – to launch a prepaid card in Brazil. The partners previously rolled out such a feature in Argentina. As reported by Reuters today (January 30), the Binance card is still in beta testing and should be available to…

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6 days ago

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Why Binance Opened 90% Of Accounts Closed For Investigation

Following the collapse of the crypto exchange FTX, most global regulators intensified their watch on crypto-related activities and platforms like Binance. As a result, some have opened investigations on most of the crypto industry’s prominent crypto exchanges and trading platforms. Crypto exchange Bitzlato has been under investigation by the United States Department of Justice (DoJ).…

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6 days ago

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Filipino Amps Up Authority Scrutinise Crypto Business Higher

The Philippine Securities and Exchange Commission (SEC) intends to include crypto under its radar in order to amp up its authority over the crypto industry. This means that the Filipino SEC is seeking to increase its scope of jurisdiction over the local crypto industry according to the new draft rules. The SEC mentioned in a…

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6 days ago

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Neighborhood Votes To Burn 4.97 Trillion Tokens Of Shiba Inu Rival, Floki Inu

Floki Inu, a fierce rival of meme coin Shiba Inu, is gearing up to burn a significant portion of its supply. Its community has now voted in the favor of the burn in a governance proposal that was introduced a couple of days ago by the developers. Floki Inu Wants To Burn Over $100 Million…

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6 days ago

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Ethereum Community Utilization Skyrockets As ETH Hits Two-Month Excessive

Despite the crypto market conditions, crypto assets and blockchains have continued to amass new highs pushing the global cryptocurrency market forward. In today’s news, Ethereum on-chain activity recorded a new high following the crypto market revival. Various metrics under the Ethereum network have only continued to show a steady increase in the past few months.…

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6 days ago

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Bitcoin value pares weekend positive aspects as one other CME ‘hole’ lurks beneath $20K

Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sees flash dip below $23,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the day.These, while Bitcoin’s…

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6 days ago

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Can The Federal Reserve Counterattack Cease Crypto Bull Run?

The crypto industry may be facing a major setback as the Federal Reserve (FED) appears to be losing control of the markets. This new status quo could lead to even more hawkish measures impacting the traditional and cryptocurrency markets. A report released on January 29 by Michael J. Kramer – founder of Mott Capital, suggests…

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6 days ago

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Shiba Inu Will Take 1,157,174 Years to Burn Provide To 100 Billion Tokens, Crypto Analyst Says

On Monday, 30 January, crypto YouTuber Jeff at OnTheChain.io revealed on Twitter the number of years it might take Shiba Inu to reduce its supply to 100 billion tokens. The crypto analyst identified that Shiba Inu has a quadrillion tokens. He said if the crypto were to burn 1 million tokens per day, then it…

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6 days ago

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Digital asset funding merchandise see highest inflows since July 2022: Report

On Jan. 30, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital asset investments experienced a surge in inflows last week, reaching $117 million, the highest since July 2022. CoinShares reported that the sector’s total assets under management rose to $28 billion, a 43% increase from its November 2022…

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6 days ago

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Bitcoin Soars in Nigeria as Authorities Promotes Digital Money

Binance Faucets Mastercard to Introduce Crypto Pay as you go Card in Brazil (Report)

Why Binance Opened 90% Of Accounts Closed For Investigation

Filipino Amps Up Authority Scrutinise Crypto Business Higher

Neighborhood Votes To Burn 4.97 Trillion Tokens Of Shiba Inu Rival, Floki Inu

Ethereum Community Utilization Skyrockets As ETH Hits Two-Month Excessive

Bitcoin value pares weekend positive aspects as one other CME ‘hole’ lurks beneath $20K

Can The Federal Reserve Counterattack Cease Crypto Bull Run?

Shiba Inu Will Take 1,157,174 Years to Burn Provide To 100 Billion Tokens, Crypto Analyst Says

Digital asset funding merchandise see highest inflows since July 2022: Report

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