Cryptocurrency analyst and trader Rekt Capital recently made a fascinating discovery regarding Bitcoin’s price trend. He pointed out that the current movement of Bitcoin bears a striking resemblance to a historical price action that occurred during a bull cycle eight years ago. This revelation has sparked a lot of interest and speculation in the crypto
The Nigerian government has recently made the decision to delist the national currency, the Naira, from all peer-to-peer (P2P) trading platforms. This move comes as a part of a broader effort to tackle the manipulation of the local currency in the foreign exchange market. Emomotimi Agama, the Director General of the Nigerian Securities and Exchange
As major cryptocurrencies experience volatility, traders are turning to the altcoin markets in search of the best crypto to buy today for quick gains. Bitcoin’s recent rebound has reinforced confidence in the market, with analysts predicting a price target of $150,000 by the end of 2025. Despite the potential for Bitcoin to double from its
The recent transaction involving a crypto whale and the third-largest meme coin by market cap, PEPE, has caught the crypto community’s attention. This transaction, along with other whale activities, suggests that it might be time to start paying more attention to PEPE. Whale Transaction Details An on-chain analytics platform, Spotonchain, revealed a wallet (3eAaAC3C9) that
In the midst of the SEC’s recent crackdown on crypto firms, Bitwise Investments CIO Matt Hougan has raised concerns about the regulatory landscape inadvertently playing into the hands of the US-based crypto exchange Coinbase. According to Hougan, the current regulatory environment is creating an “artificial moat” for Coinbase, giving the platform an edge over its
Custodia Bank, a prominent financial institution, has recently made headlines for its legal battle against the US Federal Reserve. With the hiring of two experienced solicitors, the company is gearing up for a challenging appeal process. Ian Gershengorn and Michelle Kallen, the two solicitors representing Custodia Bank, have a strong background in federalism issues and
The crypto token for exclusive new decentralized social media platform Friend.tech has experienced a sudden hit of 4.3% in the last hour, mirroring the trend seen in other leading cryptocurrencies. This follows a crash of 50% on its debut last Friday, attributed to profit-taking by a major investor. Currently priced at $2.69, the FRIEND token
After experiencing a downward trend, Ethereum has begun to show signs of recovery as the price surged above the $3,000 mark. This upward movement has positioned ETH above the 100-hourly simple moving average, indicating a potential shift in momentum for the cryptocurrency. However, despite this positive development, Ethereum is still facing several hurdles that may
The AVAX price has been gaining momentum and is currently moving higher from the $30.50 support zone against the US dollar. With key resistance levels being broken and a bullish trend forming, the price of AVAX could potentially surge even further in the near future. After finding support near the $30.50 zone, AVAX started a
In a recent interview with the newspaper Hanguk Kyungjae, Lee Jeong-ryeol, the head of the Seoul Southern District Prosecutors’ Office’s joint crypto investigation unit, emphasized the need for courts to deliver faster justice to crypto offenders. Lee highlighted the current slow pace at which cases related to cryptocurrency crimes are processed, stating that this delay
