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The inclusion of social sentiment data considerably influenced the indicator’s value. Nigeria’s decision to develop its own digital currency surprised many. eNaira was introduced by Nigeria’s central bank in October after the country prohibited the banking trade of cryptocurrencies in February last year. Compared to other countries, Nigeria was the
The total crypto market value has fallen below $2 trillion. A total of $142 million worth of BTC longs were closed off. Bitcoin (BTC) reclaimed the $40,000 level on Tuesday, April 12, after slipping below it over the last few days after losing momentum for seven of the previous eight
Tesla’s CEO has so far kept quiet about his plans for the social media platform. Bitcoin’s price soared when the Bitcoin Conference in Miami came close to an end. A 9.2 percent stake in Twitter purchased by Elon Musk piqued the interest of cryptocurrency enthusiasts worldwide. However, when he declined
Bitcoin has been down 3.41% in the last 24 hours. The Bitcoin price is expected to reach $30,000 by June 2022 as per Hayes. It’s deja vu: the global cryptocurrency market value has fallen below $2 trillion. There were some dips early on in the week as Bitcoin and other
Ark Invest significantly expanded its Block holdings by purchasing 225,937 shares. Wood even voiced the hope that PayPal would score significant victories in the future. Cathie Wood, CEO of Ark Invest, said at Bitcoin 2022 that she prefers Block’s Cash App over PayPal’s Venmo service. On CNBC, Wood said that
Claure stepped down as Softbank’s CEO at the end of January. Bitcoin has been down 1.25% in the last 24 hours. Marcelo Claure, a former CEO of Tokyo-based Softbank, has revealed that he currently allocates 10% of his assets to Bitcoin (BTC). According to Claure Capital’s CEO, he decided because
The price of Bitcoin (BTC) has fallen to $41,897.15, a three-week low. BTC’s long holdings were liquidated in big numbers last week. BTC continued its downward trend on Monday, slipping even farther into the trading range it has been in for much of the year. Inflation and a more hawkish
The latest data shows that Bitcoin whales are busy buying additional supplies. The rising trend line level of $40000 may give solid support for bullish continuation. On Sunday, the vast majority of cryptocurrencies were trading in the green. Bitcoin was trading near its long-term support level the previous day while
Terra added an additional $230 million to its BTC holdings. Cryptocurrency rules are going to be tightened by governments throughout the world. The aggressive investors that purchased the breakout trade may have been caught in the recent tumble from the $45000 barrier. Current BTC prices are $42645, and a weekly
ADGM has performed a major role in regulating and supervising financial services. FTX has also been granted operating permits in Dubai. This is the third regulatory permission for Binance in the Middle East after Bahrain and Dubai, marking another achievement for the world’s largest crypto exchange by trading volume. Another
