Kelvin

Binance Nigeria adopts USDT price cap to align with local rules

How is Binance Nigeria Navigating Regulatory Compliance in Setting Price Caps for USDT Tokens? Binance Nigeria has implemented a price cap of 1,802 naira per USDT token on its P2P platform, aligning with local regulatory requirements. This move ensures compliance with directives from Nigerian authorities, emphasizing the exchange’s commitment to working collaboratively with local regulators,…

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Ferrari Enables Dogecoin Integration for Luxury Car Purchase

DOGE has established itself as a favored payment option for Tesla’s merchandise, while the Boring Company’s Tesla car frequents the Vegas Loop and the Dallas Mavericks arena. However, the Dogecoin community, affectionately referred to as the DOGE Army, predominantly relies on the promise made by tech titan Elon Musk to integrate DOGE into X’s financial…

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Bitcoin ETF Market Will Shrink Before It Expands, Says 21Shares President

What Factors Determine the Success of Bitcoin ETFs? Ophelia Snyder, President of 21Shares, suggests that despite the initial success of Bitcoin ETFs this year, the market is likely to see only three to five winners emerge due to a significant gap between major issuers and smaller players. Snyder elaborates on the factors influencing the success…

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Optimism distributes over 10 million OP worth nearly $41 million in fourth airdrop

Optimism, a Layer 2 network, has announced its fourth airdrop initiative, which is specifically tailored to reward web3 artists. According to an official statement, the airdrop has distributed 10,343,757.81 OP tokens, valued at approximately $40.8 million, to 22,998 different addresses. Users are granted the opportunity to claim these tokens until February 13, 2025. In a…

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Crypto Analyst Predicts 10X Move For Filecoin (FIL) To $70, But Can It Reach ATH?

In the past 24 hours, Filecoin (FIL) has unexpectedly surged, marking a price recovery of over 10%. This sudden uptick has thrust the altcoin into the spotlight after it previously lagged behind the broader crypto market rebound. As a result, the altcoin has garnered increased attention from investors and analysts alike. In light of Filecoin’s…

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Airdrop farmers are now spamming GitHub in light of Starknet, Celestia distributions

A new trend has emerged in the cryptocurrency space: airdrop farmers are flooding GitHub repositories with comments in hopes of securing tokens from future airdrops, and developers are feeling the strain. Pseudo, a researcher at Scroll, expressed frustration, urging users not to inundate GitHub with comments solely for farming purposes. The Scroll core team, already…

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Robbert Kiyosaki predicts Bitcoin surge: $100,000 by June 2024

 Robert Kiyosaki’s Bullish Bitcoin Forecast: A Bold Vision for the Future Renowned author and investor Robert Kiyosaki, known for his influential work “Rich Dad Poor Dad,” has once again captured the attention of financial circles with his latest Bitcoin forecast. Kiyosaki’s confident prediction asserts that Bitcoin (BTC) is poised to achieve a monumental milestone of…

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Will Stablecoins Be the Trojan Horse for Crypto’s Mass Adoption?

Are Stablecoins the Trojan Horse of Cryptocurrency Adoption? Russell Okung’s thought-provoking analogy comparing stablecoins to a “Trojan horse” has ignited discussions within the cryptocurrency community regarding their role in fostering widespread adoption. By questioning whether stablecoins, particularly Tether, the predominant stablecoin issuer, could be considered the most influential entity in the realm of Bitcoin, Okung…

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Ethereum Whale Buys $155.7 Million in ETH as Price Nears $3,000

In an unprecedented turn of events, a major Ethereum (ETH) investor, often referred to as a “whale” in the cryptocurrency world, has made a monumental acquisition of ETH, totaling an eye-watering $155.7 million. This extraordinary move has captivated the attention of the crypto community, especially as the price of Ethereum inches closer to the $3,000…

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Bitcoin faces critical support test as analysts warn of potential price decline

Bitcoin (BTC), the dominant player in the cryptocurrency market, finds itself at a critical crossroads as it endeavors to surpass the $52,000 threshold. Analysts warn that the inability to break through this barrier may trigger an 8% decline, possibly driving prices down to $48,000 or below. Notably, there’s a substantial support area marked at approximately…

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