Crypto Currency

CBN Targets Cryptocurrency To End Naira Depreciation

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government’s increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part of attempts to halt the sliding value of the

Published 2 years ago in
CBN Targets Cryptocurrency To End Naira Depreciation

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government’s increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part of attempts to halt the sliding value of the […]
The post CBN Targets Cryptocurrency To End Naira Depreciation appeared first on Economic Confidential…
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Crypto Currency

Bitcoin Fear and Greed Index Hits 8 as Whale Accumulation Signals Potential Market Bottom

TLDR: Fear and Greed Index drops to 8, matching extreme levels seen during 2018, 2020, and 2022 market bottoms Whale accumulation activity increases despite negative sentiment, creating divergence that preceded past rallies Behavioral finance principles show loss aversion and herd behavior drive extended sentiment recovery periods Major investors including MicroStrategy and ARK continue building positions

Published 6 hours ago in
Bitcoin Fear and Greed Index Hits 8 as Whale Accumulation Signals Potential Market Bottom

TLDR: Fear and Greed Index drops to 8, matching extreme levels seen during 2018, 2020, and 2022 market bottoms Whale accumulation activity increases despite negative sentiment, creating divergence that preceded past rallies Behavioral finance principles show loss aversion and herd behavior drive extended sentiment recovery periods Major investors including MicroStrategy and ARK continue building positions […]
The post Bitcoin Fear and Greed Index Hits 8 as Whale Accumulation Signals Potential Market Bottom appeared first on Blockonomi…
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Crypto Currency

Bitcoin Price Faces Another Rejection As Upside Momentum Fades

Bitcoin price failed to stay above $70,000 and started another decline. BTC is now trading below $68,800 and might extend losses in the near term. Bitcoin is slowly moving lower below $69,500 and $69,200. The price is trading near $68,400 and the 100 hourly simple moving average…

Published 6 hours ago in
Bitcoin Price Faces Another Rejection As Upside Momentum Fades

Bitcoin price failed to stay above $70,000 and started another decline. BTC is now trading below $68,800 and might extend losses in the near term. Bitcoin is slowly moving lower below $69,500 and $69,200. The price is trading near $68,400 and the 100 hourly simple moving average…
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Crypto Currency

Will Strategy Sell Bitcoin? CEO Outlines Scenario When Talks Turn Real Amid $17B Loss

Strategy’s CEO reveals when selling bitcoin could become a real consideration, confronting a $17 billion paper loss, outlining how the company would respond to a severe and prolonged crypto collapse. Strategy CEO Discusses $17B Loss and When Selling Bitcoin Could Become a Real Question Strategy Inc…

Published 6 hours ago in
Will Strategy Sell Bitcoin? CEO Outlines Scenario When Talks Turn Real Amid $17B Loss

Strategy’s CEO reveals when selling bitcoin could become a real consideration, confronting a $17 billion paper loss, outlining how the company would respond to a severe and prolonged crypto collapse. Strategy CEO Discusses $17B Loss and When Selling Bitcoin Could Become a Real Question Strategy Inc…
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Crypto Currency

Bitcoin OG moves $543 mln in ETH – Is a major Ethereum sell-off about to begin?

One veteran investor holds Ethereum’s fate in their hands – will they sell, hedge, or shock the market…

Published 6 hours ago in
Bitcoin OG moves $543 mln in ETH – Is a major Ethereum sell-off about to begin?

One veteran investor holds Ethereum’s fate in their hands – will they sell, hedge, or shock the market…
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