In a recent turn of events, Nadeem Anjarwalla, an executive of Binance who was detained by Nigerian authorities, has managed to escape custody. This development comes amidst a backdrop of tension between Nigeria and Binance, the leading cryptocurrency exchange with regards to alleged tax evasion and fraud charges. Nadeem Anjarwalla, who holds dual citizenship from
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Bitcoin, the ever-enigmatic digital currency, has analysts locked in a heated debate about its 2024 price trajectory. Will it soar to new heights, fueled by institutional adoption and mainstream acceptance, or will it face a reality check and revisit recent lows? The optimists, led by the prominent crypto analyst Cryptoyoddha, paint a picture of a
Bitcoin’s price has recently found support around the significant $60K price level, initiating a period of sideways consolidation correction. Buyers are aiming to reclaim the $73K threshold in the mid-term, propelling the price towards a new all-time high. A detailed analysis of the daily chart indicates that Bitcoin’s price has entered a mid-term corrective phase
The recent EU anti-money laundering regulations have ignited a fierce debate about the delicate balance between combating financial crime and upholding citizens’ rights to privacy and economic freedom. Stakeholders from various sectors have expressed both criticism and support for these new laws. The article in question, which initially highlighted the illegality of anonymous crypto wallets
Crypto exchange Binance recently announced its decision to end support for Tron network-based USD Coin (USDC) stablecoins by April 5. This move came following the news that Circle, the company behind USDC, is pulling out of the Tron blockchain entirely. Users on the Binance platform now have less than two weeks to either withdraw their
The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) is approaching its trial phase, scheduled for April 23. This legal dispute, which has spanned over three years, has captured the attention of the cryptocurrency community and the broader financial industry. Recently, both Ripple and the SEC demonstrated a collaborative effort
In a recent legal proceeding, U.S. District Judge Robert Shelby imposed sanctions on the Securities and Exchange Commission (SEC) for its misconduct in a case against Utah-based cryptocurrency firm DEBT Box. The judge accused the SEC of a “gross abuse of power” in handling the case, citing misrepresentation of key facts to obtain a temporary
The previous week was tumultuous for Spot Bitcoin ETFs as they failed to attract strong inflows consistently day after day. This trend of consecutive daily outflows indicates a potential waning of bullish sentiment among institutional traders. The impact of this lackluster investor interest is evident in the price of Bitcoin, which dropped to as low
In the rapidly evolving world of cryptocurrencies, there has been a recent surge in the popularity of memecoins. These digital assets, often characterized by their humorous or meme-based origins, have captured the attention of both seasoned investors and newcomers to the crypto space. One such example is the recent emergence of PUMP, a meme coin
In the ever-evolving world of cryptocurrency, meme coins have been gaining significant traction. One such coin that has captured the attention of investors is Dogecoin20 ($DOGE20). A better version of the popular Dogecoin, $DOGE20 has successfully closed out its presale with an impressive raise of $37 million. The coin has now amassed over $7.6 million
The recent price performance of Bitcoin has caused concern within the crypto community, as not only BTC but other cryptocurrencies as well have seen a decline in their prices. Despite this, some investors are taking advantage of this situation and viewing it as a rare opportunity in the current bull market. According to prominent crypto
Bitcoin’s price movements over the weekend have been somewhat underwhelming, with the asset calming at just over $64,000 after a period of volatility the previous week. The altcoins, on the other hand, are also showing less volatility, with a few exceptions like Dogecoin, which has surged by around 7%. The previous business week started on
In a recent incident in Hong Kong, a 46-year-old housewife found herself in a devastating situation after investing in a fraudulent crypto investment platform. The woman reported losses of 7.1 million Hong Kong dollars, highlighting the risks associated with the rapidly growing cryptocurrency market. The victim was contacted by fraudsters through Instagram and lured into
The price of Ethereum has been on a rollercoaster ride recently, with a promising start to the month but a disappointing continuation. Despite the overall bearish pressure in the cryptocurrency market, Ethereum has faced additional challenges due to regulatory uncertainties. The latest on-chain revelation shows that a significant amount of Ethereum has been flowing into