Markets

The Nigerian government has slammed the world’s largest cryptocurrency exchange, Binance, with four counts of tax evasion charges as the saga between the entities deepens. According to a report from local media Premium Times, the Federal Inland Revenue Service (FIRS) filed the charges at a Federal High Court in the nation’s capital, Abuja, on March 22, the same day Nadeem Anjarwalla, one of the Binance executives detained since February, escaped from the custody of the...

[unable to retrieve full-text content]CoinspeakerBybit Introduces Telegram-based Meme Coin Notcoin (NOT) via Pre-Market Trading Platform The Telegram-based meme coin, Notcoin ($NOT) utilizes the tap-to-earn gaming mechanism to democratize its Web 3.0 GamiFi protocol. Bybit Introduces Telegram-based Meme Coin Notcoin (NOT) via Pre-Market Trading Platform

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...

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...

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...

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...

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...

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...

Bitcoin’s price movements over the weekend have been somewhat underwhelming as the asset has calmed at just over $64,000 after the previous week’s volatility. The altcoins are, in general, also less volatile today, with a few exceptions like Dogecoin, which has surged by around 7%. BTC Calms Last business week started on a highly unfavorable note for the primary cryptocurrency, which had recovered most of the losses from the end of the previous one. The asset stood at $69,000...

The derivatives arm of the largest American cryptocurrency exchange, Coinbase, intends to launch futures trading contracts for Dogecoin DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. According to several letters filed with the United States Commodity Futures Trading Commission (CFTC) earlier this month, Coinbase Derivatives will launch monthly cash-settled and margin futures contracts for the cryptocurrencies on or after the coming April Fools’ Day. Futures...