After four years of development, the Central Bank of Nigeria (CBN) is set to roll out its digital currency project. The launch will reportedly happen on the occasion of the country’s 61st Independence Day celebration on Oct. 1. Nigeria’s central bank digital currency (CBDC) project comes amid significant anti-crypto policies from the CBN and negative …
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XRP analysts see gains, but whale activity threatens. IOTA recovers much of its losses this year. SOL marches to $145. IOST creeps higher. XRP The price of XRP was higher again as the rally in crypto continued for another week. XRP Price Index One analyst sees a big breakout potential for XRP against Bitcoin, but …
The crypto market has made major gains and several altcoins have gained in value. Some have even created new all-time highs. However, some altcoins such as Shiba Inu have failed to register gain despite the uptrend. The coin has made a dip in the past 24 hours, and on a 30-day scale, SHIB’s value has …
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Major gains across the broader crypto market have led to most altcoins making significant uptrends. ThorChain is among the best performing altcoins in the market, with the gains accumulated in the past 24 hours, creating new monthly highs for the coin. However, RUNE still needs to double its value for new all-time highs to be …
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OmiseGo is among the coins that have benefited from the ongoing market bulls. Over the past month, OMG has gained by more than 80%, and this has led to the creation of new monthly highs. With the crypto bulls showing no signs of stopping soon, OMG could be headed towards even bigger gains that could …
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The crypto market has been on an incredible bull run in the past 24 hours. With Bitcoin having reached $52K for the first time since the May market crash, the trend has pushed altcoins, which are also trading in the green zone. THETA is among the best gainers in the past 24 hours, after its …
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The cryptocurrency crackdowns that have been taking place in China meted out by the Chinese government officials in a systemic and pretty sustainable manner have not only continued to happen but also have grown in intensity following the last few months. As a result, these crackdowns have had a major FUD among the community of …
Popular crypto analyst and trader Jason Pizzino predicts Cardano could pull off a 290% move before its current bull cycle expires. In a new strategy session, the technical trader tells his 205,000 YouTube subscribers that he believes Cardano (ADA) has more gas left in the tank. ADVERTISEMENT Pizzino makes the case for ADA’s next …
Amid El Salvador officially accepting Bitcoin (BTC) as legal tender today, the Russian government has reiterated its negative stance to a scenario where BTC could be accepted as an official currency. Dmitry Peskov, the official representative of Russian President Vladimir Putin, claimed that Russia has no reason to recognize Bitcoin as legal tender, local news …
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Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level. The SOL/USD exchange rate almost reached $200 on Sept. 7 as investors continued to treat Solana as a long-term competitor to Ethereum, the world’s leading smart contracts platform. More bullish evidence came on Monday after Sam Bankman-Fried …
Continue reading “SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live”
Amid Bitcoin (BTC) becoming legal tender in El Salvador, another country in Central America is progressing on its way to enable freedom to use cryptocurrencies like BTC and Ether (ETH). On Sept. 6, the Republic of Panama introduced a bill on regulating cryptocurrencies, aiming to make the country “compatible with the blockchain, crypto assets and …
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Researchers have attempted to probe North American teens’ perceptions of the stock market, cryptocurrencies and other investments in the high octane GameStop era. The results showed that cryptocurrencies edged ahead of some other asset classes like real estate, with 25% of teens saying they would invest in crypto if given hypothetical funds as compared with …
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El Salvador’s Bitcoin legal tender bill passes into law on Tuesday, September 7, despite objections from locals who appear to be against its implementation. Nonetheless, soon after the Congressional vote in June, President Bukele said the law would pass, and nothing will stop it from happening. “I don’t see this being stopped, this is going …
El Salvador creates history after buying 400 Bitcoin (BTC) President Bukele of El Salvador has announced that the country has purchased 400 Bitcoin. El Salvador’s President Nayib Bukele has revealed that the Central American country has successfully purchased 200 units of Bitcoin in a tweet on Monday. This makes the country the first government in …
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Fourteen suspects allegedly behind a cryptocurrency scam have been arrested in Taiwan. According to the country’s Criminal Investigation Bureau, the scheme has defrauded investors out of millions of dollars. Suspects Behind Crypto Scam in Taiwan Arrested The country’s Criminal Investigation Bureau (CIB) explained that the crypto scam allegedly defrauded more than 100 people out of …
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