Nigerian crypto community supports activist’s fight for rights
As the case progresses, the community’s backing will be crucial in maintaining momentum and advocating for a more favorable regulatory environment. Go to Source
Bitcoin
Auto Added by WPeMatico
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit … Read more
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well as … Read more
Bitcoin Whale Activity Surges Amid Volatility Spike And ETF Movements
Bitcoin witnessed a notable surge in whale transactions on August 5th and 6th, marking the highest level of such activity since early April. Data shows that wallets holding between 10 and 1,000 BTC took advantage of a price dip, rapidly accumulating Bitcoin as the asset temporarily fell below the $50,000 mark. This activity underscores the … Read more
Bitcoin’s V-shaped recovery could put BTC on path to new all-time high — Analysts
Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high. Go to Source
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure and critical valuation metrics suggesting potential for further decline. Cryptoquant Analysis: Bitcoin Plummets Amid Bearish … Read more
Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels. Go to Source
Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market
The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan B remains confident that the top cryptocurrency will still hit $100,000 in 2024. Bitcoin’s Early Bull … Read more
Bitcoin whale games get traders nervous as 12K BTC appears for sale
Bitcoin order book action is currently marked by significant sell-side liquidity, but this could just disappear at any time, analysis says. Go to Source
Thailand launches regulatory sandbox to test crypto services
Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more. Go to Source