[unable to retrieve full-text content]CoinspeakerBinance Top Exec Flees Detention in Nigeria Anjarwalla, Binance’s Africa regional manager, alongside the financial crime compliance officer Tigran Gambaryan, was arrested and detained on February 26, 2024. Binance Top Exec Flees Detention in Nigeria
Read More »Hong Kong SFC Warns Public against HKCEXP for Suspected Crypto Fraud
[unable to retrieve full-text content]CoinspeakerHong Kong SFC Warns Public against HKCEXP for Suspected Crypto Fraud The SFC disclosed the exchange provided a fake address for its location in Hong Kong on its website to gain investors' trust. Hong Kong SFC Warns Public against HKCEXP for Suspected Crypto Fraud
Read More »Top Crypto Analyst Predicts These 3 Altcoins Will Hit $1 in May 2024
After enduring a brutal crypto winter between 2022 and 2023, the crypto market has finally seen a resurgence. The new year brought positive sentiment into the market, boosting token prices across the board. The renewed investor confidence and bullish momentum has led to speculation about the potential growth of three altcoins: VeChain (VET), Mantle (MNT), and NFTFN. The crypto market is eagerly awaiting the next BTC halving, which is estimated to take place...
Read More »Solana (SOL) Whale Investors Migrate To New PEPE Competitor Priced $0.025
The exciting and ever evolving cryptocurrency market has seen a renewed surge of interest in the crypto space, with altcoins experiencing a resurgence in investment. However, this dynamic ecosystem is witnessing a rather intriguing shift in the investment trend of altcoin whales. On-chain data shows that several Solana (SOL) whales are migrating towards NFTFN, a presale token that currently threatens top memecoins like PEPE. Innovative Solutions For NFT Troubles...
Read More »Stellar Lumen (XLM) Price Could Accelerate To $0.16, Key Support Intact
Stellar lumen price is attempting a fresh increase from the $0.1180 zone against the US Dollar. XLM price is now trading above $0.1280 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.1280 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.140 resistance zone. Stellar lumen price is trading above $0.1300 against the US Dollar, like...
Read More »XRP Price Analysis: Bulls Aim For Fresh Rally To $0.74
XRP price is attempting a fresh increase from the $0.5680 support against the US dollar. The price is now trading above $0.610 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.630 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.6580 resistance. XRP price is gaining pace above $0.630 against the US Dollar, like Bitcoin. It must...
Read More »Macro Factors to Shape Bitcoin Prices: Coinbase’s Insights Post-Halving
All eyes are on the upcoming Bitcoin halving scheduled for mid-April 2024, which will reduce the rewards granted to miners for validating transactions by half. This will mark the fourth occurrence of a halving event in Bitcoin’s history. Although the market is currently experiencing a downturn, Bitcoin has seen significant growth of more than 150% since mid-October last year. According to the latest “handbook” by Coinbase, this strong performance will continue up to and after...
Read More »Cardano Defies Critics With Strong GitHub Activity Among Major Layer 1 Blockchains
Despite criticisms for the alleged abandonment, Cardano remains one of the top blockchain protocols in terms of GitHub activity. According to the data compiled by IntoTheBlock, Cardano has once again surpassed Ethereum and other major Layer-1 blockchains such as Avalanche, Litecoin, and Tron in GitHub commits, reflecting its leading position in developer engagement. Between March 11 and 17, Cardano registered 978,780 commits on GitHub, exceeding its closest competitor,...
Read More »Bitcoin’s 15% Correction Propelled by Profit-Taking but Bull Cycle Is Far From Over: CryptoQuant
Bitcoin (BTC) had entered a period of price correction following its ascent to an all-time high of $73,700. Miners, whales, and other market participants, including large investors, had begun selling their BTC to make profits. However, analysts at CryptoQuant believe the Bitcoin bull cycle is far from over, as price valuation metrics are largely shy from levels seen in past market tops. BTC in Correction Mode The Bull-Bear Market Cycle Indicator flagged an overheated-bull...
Read More »What Will Happen to ETH’s Price if the SEC Rejects All Spot Ethereum ETF Applications?
After a decade of waiting, rejecting, and delaying at best, the United States Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs at the start of 2024. Their impact on BTC’s price has been undeniable as the demand for those products among traditional investors has skyrocketed. Now that there are existing exchange-traded funds tracking the performance of at least one cryptocurrency, the community speculates on whether there will be a...
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