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In a surprising move, cryptocurrency exchange Binance has announced the discontinuation of all services associated with the Nigerian local fiat currency, Naira (NGN). This decision, which comes amidst allegations from the Nigerian government, has left many Nigerian users in limbo. Binance’s decision to discontinue NGN-related services, including deposits, withdrawals, conversions, spot trading, P2P, Auto-invest, and
Peter Schiff, the founder of Euro Pacific Asset Management, is known for his skepticism towards cryptocurrency. Recently, he made a bold statement declaring Bitcoin as the “ultimate asset bubble” as the price of Bitcoin soared to over $61,500. Despite his warning, Bitcoin continued to rise in value, trading at over $65,000 at the time of
Despite facing challenges in the form of resistance levels, XRP has managed to show positive signs in terms of potential growth. Analysts have highlighted the significance of technical indicators like MACD and Ichimoku in predicting an upward trajectory for the token. Dark Defender and Alex Cobb are among the experts who believe that XRP could
In recent days, Bitcoin has experienced an unprecedented surge in value, reaching a two-year high and approaching its all-time record of $69,000. The cryptocurrency peaked at $68,800, with the current trading price hovering around $67,980. This surge has been fueled by a flood of capital entering the market, driving Bitcoin up by 6.6% daily and
In recent times, there has been a significant increase in the popularity of Ordinals, especially as Bitcoin’s price approaches an all-time high. Among the various projects in the Ordinals space, NodeMonkes has emerged as a frontrunner, with its remarkable sales performance and high demand in the secondary market. NodeMonkes currently holds the title of being
The Wall Street Journal’s investigative article shed light on the shady financial practices employed by Tether, Bitfinex, and their associated companies. The majority ownership of both Tether and Bitfinex by iFinex, a corporation based in the Virgin Islands, raised concerns about their connections to the international banking system. The article revealed that the group of
Friend.tech, a Web3 social platform, has made a bold move by granting users full control over their tokens, a decision that has been welcomed with positivity by the community. This shift in strategy marks a significant departure from the traditional investor-centric approach, aiming to empower users and revitalize the platform’s presence in the market. The
In the ever-evolving landscape of cryptocurrencies, $SMOG has emerged as a standout contender, setting a new all-time high (ATH) over the weekend and capturing the attention of investors worldwide. The token surged above $0.127, showcasing a bullish trend that has propelled its circulation-adjusted market cap closer to the coveted $100 million mark. With a rapidly
The Indian government recently made headlines with the announcement of a new regulation concerning the development and release of artificial intelligence (AI) tools. This regulation requires technology companies to obtain government approval before publicly releasing AI tools that are still in the development stage or are deemed “unreliable.” The move is part of India’s larger