Month: January 2024

The Central Bank of Nigeria has released guidelines for banks to set up cryptocurrency accounts, marking a significant development following the removal of the ban on financial institutions serving digital asset companies. The regulations governing virtual asset service providers (VASPs) impose strict constraints on the utilization of these accounts. In February 2021, the CBN had…

Cardano’s ADA recently faced an 11% decline, yet analysts, including Captain Faibik, foresee a potential rally, projecting a climb to $0.80 by January’s end. The increasing on-chain trading volume for ADA indicates growing interest, hinting at a possible upward trend in its value. External factors, such as the potential approval of a US Bitcoin ETF…

Binance, a prominent cryptocurrency exchange, has revealed plans to extend its watchlist for potential altcoin delisting. The platform will introduce 10 new altcoins to this watchlist, while also removing 2 altcoins from the Seed Label list. Get acquainted with the details of these changes and the respective altcoins involved. Ten New Altcoins to be Added…

Secrets Behind BTC Surging In 2023, BTC witnesses an impressive 161% surge, securely closing above the $40,000 psychological barrier. Recently, Bitcoin spiked above $45,000, reaching heights not seen since April 2022. Two pivotal factors contributing to this surge are the fourth halving event and the pending decision by the US Securities and Exchange Commission (SEC)…

Despite Bitcoin reaching a 21-month high above $45,000 at the start of January, historical data reveals that the month typically doesn’t yield positive returns. Over the past five years, the largest cryptocurrency has only gained in January twice, with a 40% increase last year but a 16% loss the year before. Currently trading around $42,000…

Bitcoin’s value has undergone significant fluctuations in recent years, soaring to impressive heights and plummeting to concerning lows. ChatGPT, an AI assistant, suggests that the leading cryptocurrency could potentially reach $100,000 in 2024, contingent on various factors aligning. In response to inquiries from WatcherGuru, ChatGPT acknowledged the speculative nature of Bitcoin hitting the six-figure mark…

As 2024 begins, the cryptocurrency gains draw attention, and Shiba Inu (SHIB) has positioned itself favourably. With ongoing gains and rising expectations of a Bitcoin ETF, investors are curious about the potential price point it could reach by the end of January. AI’s Anticipation for SHIB’s Future Given recent price shifts, artificial intelligence has been…

On a recent CNBC appearance, Jim Cramer, a well-known TV personality and economic analyst, voiced robust confidence in Bitcoin’s longevity amid its notable surge, crossing the $45,000 threshold, a level unseen since 2022. This uptrend has sparked conversations and heightened expectations among investors and market watchers, with a keen focus on potential regulatory changes that…

The cryptocurrency market is buzzing with anticipation, fueled by a significant upcoming event – the launch of a spot Bitcoin exchange-traded fund (ETF) in the U.S. Unlike previous Bitcoin ETFs relying on financial derivatives, this new ETF will be directly backed by Bitcoin and subject to full regulation. The introduction of a spot Bitcoin ETF…

Polygon experiences a significant bullish trend as MATIC, its native token, displays promising growth in early 2024. After a strong finish to the previous year, MATIC’s ongoing performance attracts the interest of investors and analysts, suggesting the possibility of additional price gains. The year commenced with MATIC showcasing a 2.04% increase on New Year’s Eve,…