Month: March 2024

Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country

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The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to be incorporated and maintain an office within Nigeria. The regulator has also suggested a fivefold increase in the registration fee, which must be submitted alongside license applications from prospective crypto exchanges. Proposed Regulations to Foreign Operators Targeting Nigerian Users According to … Read more

Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion

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Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading, speculation, profit-making, and various other purposes. Moreover, she noted that India has raised the issue of crypto … Read more

TON Coin Surges As Trading Week Ends On Positive Note

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As the trading week comes to a close, Toncoin (TON) emerges as one of the standout altcoins, experiencing impressive growth of up to 30% in price over the past week. This surge brings TON closer to its previous all-time high, marking a significant milestone for the cryptocurrency.  The positive momentum in TON’s price aligns with … Read more

Shiba Inu (SHIB) Faces Price Decline Amidst Investor Sales Concerns

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Shiba Inu (SHIB), a cryptocurrency that experienced a remarkable surge of over 250% in recent weeks, is now facing a notable price decline, with a 7% decrease today and a 20% drop over the week, ultimately closing below the $0.00003 mark.  This downturn has raised concerns among investors about potential sell-offs, particularly as it coincides … Read more

$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

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Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help our financial professionals implement … Read more

Cryptocurrency’s Next Wave: Picks for Stellar Potential Returns

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The crypto market is currently witnessing a significant transformation, with Bitcoin (BTC) leading the charge as it approached a remarkable $72,000 mark, showcasing a 4.70% increase. This surge has brought the total crypto market capitalization to an impressive $1.41 trillion. However, the real buzz is around the altcoins, which are gaining momentum as meme coins … Read more

ScapesMania Unleashed: Your Ticket to the Next Altcoin Season

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Today, the cryptocurrency market is witnessing another bull run, with Bitcoin leading the charge and altcoins following suit. According to crypto analysts, the upcoming altcoin season is expected to primarily feature gaming tokens. Expert predictions suggest that the rapidly growing niche of gaming projects could reach $90.51 billion by 2031. Taking inspiration from the growing … Read more

Massive Gains Ahead: BEFE Coin: March 2024’s Ultimate Meme Crypto Trendsetter

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The crypto markets have been on an absolute tear, with speculative meme coins leading the charge. Fueled by insatiable demand from thrill-seeking investors, these meme tokens have been making millionaires left and right. In this thrilled meme session, one coin is emerging as March 2024’s ultimate trendsetter: BEFE. MEME Coins Are The Trendsetter for March … Read more

El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele

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El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from El Salvador’s daily purchases are also deposited into the same wallet address used for the … Read more