Bitcoin has been on a rollercoaster ride, reaching a peak of $52,000 before encountering a barrier. Despite this, overall sentiment remains positive. Long-term holders have been selling off their Bitcoin stash, collectively offloading around 200,000 BTC since the beginning of the year. This selling trend has been consistent for nearly three months, with balances steadily
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The recent accusations made by Bayo Onanuga, a special adviser to Nigerian President Bola Tinubu, have sparked a heated debate regarding the role of Binance in the Nigerian economy. Onanuga accused Binance of manipulating the exchange rate for Nigeria, essentially taking over the role of the Central Bank of Nigeria (CBN). He called for action
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Backpack, a crypto exchange founded by former FTX executives, has recently announced its expansion into 11 US states, including California, Colorado, Indiana, Missouri, Wyoming, and others. This move comes at a time when global crypto regulations are becoming increasingly stringent. CEO’s Statement In a public announcement, CEO Armani Ferrante expressed the company’s commitment to establishing
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Bitcoin has recently seen a retracement after reaching as high as $53,000 on February 20. Despite this dip, Bitcoin whales are using this as an opportunity to accumulate more of the flagship cryptocurrency. According to Ki Young Ju, the founder and CEO of Crypto Quant, inflows into accumulation addresses have hit an all-time high of
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MetaMask has recently made an announcement regarding the expansion of its Security Alerts feature, which is now being made the default transaction alert system for both Extension and Mobile users on various blockchain networks. This enhancement, developed in collaboration with Blockaid, aims to provide an added layer of privacy and security to users while also
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In the rapidly evolving world of cryptocurrencies, Ethereum stands out as the second-largest digital currency, sparking excitement among investors. Michaël van de Poppe, CEO of MN Trading, has made a bold prediction regarding Ethereum’s future, suggesting a significant climb in value to potentially reach the range of $3,800 to $4,500. This positive forecast has gained
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