Crypto Giant Binance Faces Trial in Nigeria: Money Laundering and Tax Allegations Cast a Shadow

The world’s leading cryptocurrency exchange, Binance, is facing a legal storm in Nigeria. Two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, are set to be arraigned before the Abuja Federal High Court on Thursday, April 4th. Serious accusations of money laundering and tax evasion have cast a shadow over the platform’s operations in the…

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Banking on Uncertainty: Will Bank Woes Fuel Bitcoin’s Rise or Spark a Crypto Crash?

The traditional banking sector has been facing significant challenges lately, and the ramifications could extend to the cryptocurrency market. While the impact is uncertain, experts predict it could swing both ways depending on the severity of the situation. Crypto as an Alternative: A Repeat Performance? Last year’s bank failures highlighted Bitcoin’s potential as an alternative…

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Shiba Inu Soars: Is This a Bullish Breakout or a Short-Lived Rally?

Shiba Inu (SHIB) has experienced a remarkable price increase in recent times, sparking excitement and curiosity among investors. This article delves into the current situation, exploring the potential reasons behind the surge and analyzing indicators to gauge the possibility of sustained growth. A Bullish Signal, But Can It Last? SHIB has seen a staggering 343.06%…

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Telegram-Powered TON Blockchain Attracts Web3 Investment with 800 Million User Base

The TON (The Open Network) blockchain continues to generate significant interest within the Web3 space, attracting investments and partnerships due to its unique position within the popular messaging app Telegram. This article explores the recent developments within the TON ecosystem, highlighting the potential for mass adoption driven by Telegram’s user base and the strategic investments…

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Hold or Sell? Saylor’s Message Amidst Bitcoin’s Bullish Run

As Bitcoin (BTC) experiences a remarkable surge, surpassing the $63,000 mark and inching closer to its all-time high (ATH), Michael Saylor, a vocal proponent of the cryptocurrency, has issued a crucial message to the global BTC community. Hold Tight: Saylor Encourages Long-Term View Witnessing Bitcoin’s current price mirroring its historic peaks from April and November…

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Coinbase Glitch Triggers Panic as Bitcoin Price Dips: User Balances Vanish, Market Recovers Quickly

On February 28th, following a significant rise in Bitcoin’s value, numerous Coinbase users reported a concerning situation: their account balances inexplicably dropped to $0. This unexpected glitch left users confused and searching for answers, with many taking to social media platforms like X (formerly Twitter) to express their concerns. Company acknowledges the issue and assures…

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Bitcoin Reaches Two-Year High: Five-Day Rally Fueled by ETPs and Halving Event Nears

Bitcoin continued its bullish run on Wednesday, logging its fifth consecutive day of gains and nearing the coveted $60,000 mark. This surge comes amidst a period of strong inflows into newly launched U.S. spot bitcoin exchange-traded products (ETPs), contributing to a remarkable 39.7% rise in February. If sustained, this would mark Bitcoin’s strongest monthly performance…

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Bitcoin and Ether Soar to New Highs Fueled by Institutional Demand and ETF Approval

Bitcoin, the world’s leading cryptocurrency, surged to a two-year high on Tuesday, fueled by signs of increased interest from institutional investors and the recent approval of Bitcoin exchange-traded funds (ETFs) in the United States. MicroStrategy Leads the Charge The rally was sparked in part by a Monday disclosure from MicroStrategy, a major crypto investor and…

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Cryptocurrency in the Crosshairs: Labour’s Call for Order in the Market

In a significant policy shift, the Labour party has confirmed its intention to regulate cryptocurrencies like Bitcoin and Ethereum. This revelation came during the party’s business conference, signaling a departure from the current government’s efforts to establish the UK as a global crypto hub. Labour’s Stance on Cryptocurrency Regulation A party official acknowledged the necessity…

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