Nigeria’s Crypto Crackdown....😱😱

To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase. 

According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN) issued guidelines to regulate the activities of digital asset operators.

The Central Bank of Nigeria had a change of stance in December 2023, instructing banks to disregard the previous ban on crypto transactions imposed in February 2021. 

The latest restriction on crypto websites aims to slow down currency speculation activities within the country. Binance clarified that its platform is not intended for currency pricing after users complained about the inability to purchase dollars.

While no specific timeline is provided for the restriction, the NCC’s directive is expected to take effect immediately. Similar measures were implemented when Nigeria blocked access to Twitter in 2021...

As regulatory pressure on crypto exchanges in Nigeria intensifies, the crypto community awaits further developments and potential responses from Binance, Coinbase, and other affected platforms. The government’s efforts to crack down on crypto transactions and currency speculation continue to shape Nigeria’s digital asset industry landscape.

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🔴 2014 - You Missed $DOGE
🔴 2015 - You Missed $XRP
🔴 2016 - You Missed $ETH
🔴 2017 - You Missed $ADA
🔴 2018 - You Missed $BNB
🔴 2019 - You Missed $LINK
🔴 2020 - You Missed $DOT
🔴 2021 - You Missed $SHIB
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Top Tier Listing Announcement at any time to come..
$XV is with Everthing for Web03....
SocialFi, GameFi & TG Sniper Bot with RevShare..

Crypto Buzz 28 August latest Midweek Video Out Now…

Catch Our top two coin picks at the end of the video…

latest news & updates including….

🔺️Bitcoin Price Could Rally To 80,500 USD ..??

🔺️Bitcoin’s crash risk due to Mt. Gox repayments significantly decreased by nearly 75%..

🔺️MicroStrategy Beats Nvidia with Staggering Gains..

🔺️Crypto Millionaires Are On The Rise…

🔺️PayPal’s PYUSD stablecoin hits $1B market cap…

🔺️S&P 500 Repeating Pattern From 2007 Before It Dropped 66%..

🔺️Cardano CEO Mulls Algorand Partnership to Build Decentralized AI…

🔺️Rollblock’s presale nears $2.3 Million….

🔺️Telegram Founder Arrested in France in Cybercrime Probe….

🔺️Tron’s SunPump Meme Coin Launchpad Outperforms Solana’s Pump.fun…

🔺️Apple Mac Users Warned About ‘Cthulhu Stealer’ Malware Targeting Crypto Wallets…

🔺️Polygon Recovers Discord Server After $145K Hack, Prepares for POL Token Launch….

🔺️Elon Musk’s Reveals “X “ Shareholder List ….

🔺️Tether to Introduce Dirham Stablecoin in Partnership with UAE Partners….

🔺️Argentina to Include Ethereum and Blockchain in High School Curricula…..

🟢TODAY'S TOP TWO COIN PREDICTIONS…

& Many more …

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Three of our last four picks have gained over 25% since our predictions last week: IMX at 25%, WORLD at 25%, and Ordinals at 31%.

Latest news & updates including….

🔺️Dollar falls after Powell greenlights September easing…

🔺️Bitcoin Primed for New All-Time High...??

🔺️Russia Plans To Launch 2 Crypto Exchanges & BRICS Stablecoin…

🔺️XRP Whale Activity Rises as 155 Million XRP Disappears…

🔺️Key Macro Economic Indicators Next week..

🔺️Cardano's Chang Hard Fork Suddenly Postponed. Here's Why…

🔺️Sony Group takes dive into Web3 with Soneium…

🔺️Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social..

🔺️Bitcoin Cross $61,000, Saylor reacts…

🔺️Crypto Fear & Greed Index…

🔺️$DADDY Crypto Crashes After Andrew Tate’s House Raided Again….

🔺️Trader Turns 1,690 US Dollars Into 20 Million US Dollars in Six Days…

🔺️Binance founder CZ is out of prison and has been transferred to a 'halfway house…

🔺️FEDS Jackson Hole Speech turns Jerome Powel to a Dove again…

🔺️Coinbase Solana upgrade…

🔺️Phantom wallet enhances support for interest-bearing tokens…

🔺️Kraken Must Face SEC Suit Over Crypto Exchange Registration…

🔺️Crypto Friendly Robert F Kennedy Junior. Drops White House Hunt…

🔺️CRYPTO Fundraising…

🔺️USA Presidential Betting on Drift Market Place on Solana…

🔺️OUR TOP TWO COIN PREDICTIONS…

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🔺️Bitcoin metrics line up bull signals with 66,000 USD price level to beat…

🔺️PayPal’s PYUSD Stablecoin Approaches 1 Billion USD , Driven by Solana Integration..

🔺️China Crypto Ban in Question as Justin Sun & Mike Novogratz Drops New Hint

🔺️Australian Securities Regulator Nabbed More Than 600 Crypto Investment Scams in a Year

🟠Current & Upcoming Event

🔺️Major macroeconomic events expected to influence the crypto market this week..

🔺️US Dollar in holding pattern ahead of FOMC minutes & Powell comments…

🔺️Crypto Fear & Greed Index…

🔺️Cardano Founder Launches 1 Million US dollars Challenge to Cardano Community….

🔺️Is this the beginning of the end for Bitcoin's dominance in crypto…?

🔺️Crypto’s Worst Nightmare…

🔺️Japan’s Central Bank Officially Announced Every Bank in Japan Will Adopt XRP by 2025..

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🔺️Nearly 50% of crypto investors expect Bitcoin to surpass 100,000 US Dollars this cycle….

🔺️Top Cryptocurrency to Buy Before It Soars 1600%...

🔺️DOGS Airdrop Sees 3.5 Million Claims in Just 10 Hours..

🔺️The US Government Holds Billions of Shiba Inu…

🔺️Nigeria Planning to Present Law to Tax Crypto by September..

🔺️Dubai Court Orders a Company to Pay Its Employee in Crypto Tokens…

🔺️Japanese Yen Is Strengthening Again…

🔺️Apple’s Partnership with Circle (USDC) Could Open 15.7 Trillion US Dollars Market…

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Bitcoin: Billions $ Withdrawn from Exchanges! Is a Rise to $72,000 Coming?

The crypto market is boiling as billions of dollars in Bitcoin (BTC) are withdrawn from exchanges. This trend could indicate an imminent rise in the price of $BTC , potentially up to $72,000!

According to exchange data, $BTC holders are massively withdrawing their assets from centralized platforms. On July 5, 2024, as prices dropped, around $3.8 billion in BTC was moved from exchanges. This action quickly reversed the trend, making prices soar from $53,500 to $65,000. On July 16, another wave of withdrawals saw $3.4 billion in BTC leave the exchanges.

Analysts often interpret these withdrawals as a positive sign for prices. When $BTC holders move their assets to non-custodial wallets, they show a willingness to hold onto their tokens long-term! This reduces the selling pressure on the market. With fewer BTC available on exchanges, scarcity increases, which can benefit bullish movements.

The recent wave of BTC withdrawals from exchanges could be a precursor to a significant price increase. With favorable market indicators and a reduction in available supply, BTC seems poised to reach new heights. Investors and market watchers should closely follow these developments to seize potential opportunities.

DYOR/NFA

BREAKING NEWS 🚨🚨🚨🚨

INDIAN CRYPTO EXCHANGE WAZIRX HACKED..
$235 MILLION STOLEN….😱😱

As Reported by several Media Outlets, India's Leading Crypto Exchange WazirX is hacked, 

as per the reports total of $234.9M stolen and being laundered through suspicious transactions. $PEPE, $GALA, $USDT being converted to $ETH….

Be cautious and keep your assets safe!

BREAKING NEWS ...🚨🚨🚨
MT. GOX LABELED ADDRESS MOVED 96000 $BTC WORTH $6 BILLION TO A NEW ADDRESS ...

As Reported by Peckshield, Mt.Gox labeled address has transferred a total of ~95.86K $BTC worth of $6 Billion to 2 new addresses
Address 01 - 18vjnB...ct9b
Address 02 - 3JQieE...yFrE

it seems they are preparing to pay back ...

Donald Trump Memecoin Spikes 52% Following Assassination Attempt..

The price of the largest Trump-themed memecoin $MAGA surged sharply following an assassination attempt on the former president while speaking on stage at a rally in Butler, Pennsylvania.

The Ethereum-based $MAGA memecoin (TRUMP) spiked rapidly from a price of $6.31 to $10.36 immediately following the assassination attempt, seeing its total market capitalization jump from $293 million to $469 million in less than 45 minutes, per DexScreener data.

Trump was speaking on stage at a July 13 rally in Butler, Pennsylvania when several shots were fired from an unknown direction in the crowd. 

Trump clutched his ear as shots sounded and dropped to the ground as his security detail rushed to protect him. ..

The price of several other Trump-themed memecoins also rallied on the news.

Solana-based memecoin Tremp (TREMP) jumped more than 63% in the hour following the news, while the MAGA Hat (MAGA) token briefly spiked 21% within the same timeframe

Speculators on the Ethereum-based prediction market Polymarket were quick to place their bets as well, with Trump's odds of clinching a victory in the upcoming election jumping from 60% to 68% immediately following the assassination attempt, per Polymarket data. 

Meanwhile, current President Joe Biden's predicted odds of nabbing an election victory fell in the same timeframe, falling from 30% to 15% in the last hour.

Trump, formerly a skeptic of cryptocurrencies — saying on several occasions that Bitcoin was “like a scam" — has changed his tune drastically on Bitcoin and other digital assets in recent months. 

On June 14, Trump declared he would bring an end to the Biden administration's "war on crypto" if elected President. 

Meme Coin $PeiPei Leaps 28,000%, Eyes $500 Million Market Cap…😱😱

A vibrant red frog meme token that’s making waves. Launched just a month ago on Uniswap, $PeiPei boasts explosive growth and is already listed on some  major exchanges,

$PeiPei has become a top gainer, securing the leading position among the top 500 gainer tokens. In the past 24 hours, this red frog meme token saw a 51.70% rise in trading volume.

Since its Launch  in June, PeiPei has experienced a staggering 28,938.53% rise, reaching its all-time high (ATH) yesterday.

the meme token is now trading at $0.063129.

Just a month after its launch, $PeiPei has gained almost 27,000 holders. At its peak, PeiPei recorded a market cap of $163.17 million, with the current market cap at $136.01 million.

$PeiPei’s official Twitter handle has quickly amassed a substantial following, boasting a community of 15.7k followers. The official account posted a screenshot of a significant purchase worth 68.60 ETH by an unknown whale, a very positive sign. Dexscreener shows high trading rates for this meme token.

If the developer maintains the momentum, the red frog has a high chance of reaching a market cap of $300 million to $500 million in a short time. However, meme coins are highly volatile, so investors should exercise caution.

$PeiPei’s rapid rise and growing community signal its potential, but only time will tell if this red frog can leap to new heights.

DYOR  / NFA

German Government Offloads Its Final Bitcoin Holdings, What is Next …??

The German government officially has zero $BTC left after weeks of dumping its reserves onto the market, keeping the price below $60,000

The final transaction included 3,846 Bitcoin 

 sent to “Flow Traders and 139Po,” which Arkham described as “likely institutional deposit/OTC service.” The transaction followed weeks of increased selling pressure from the German government, which offloaded tens of thousands of Bitcoin in several tranches.

Most of the 50,000 $BTC dumped by the German government over the last three weeks resulted from an asset seizure and was largely responsible for keeping the market below the $60,000 price point and its 200-day exponential moving average.

Despite the German government exhausting their Bitcoin reserves, selling pressure from the $9 billion Mt. Gox reimbursement plan may keep the price of Bitcoin suppressed in the coming weeks and sustain the climate of fear, uncertainty, and doubt that has plagued the market in recent months.

Industry Experts believes that investors seeking windfall profits could sell up to 99% of Mt. Gox’s $8.2 billion. The exchange collapsed in 2014 when the price of Bitcoin was still trading for hundreds of dollars.. 

During the heightened selling pressure, institutional investors bought the dip. Data from CoinShares revealed that United States exchange-traded funds (ETFs) raked in $295 million in inflows for the week of July 8, reversing several weeks of suppressed inflows into the investment funds…

let's see where $BTC Heading next....
is it towards $70K... ?
Or to $48K …?

Let me know your thoughts in the comments..

BITCOIN IS AT A CRUCIAL POINT AS BEAR MARKET BECKONS..😱😱😱

Several factors point towards continued downside, but $BTC whales continue to accumulate at the fastest rate in more than a year.

Bitcoin is it a crucial stage of this market cycle as several factors signal continued downside while others indicate that prices are set to bottom out.

Currently trading at $57,000 having bounced from last week's low of $53,600, $BTC remains in a technical downtrend from March's record high of $73,800, having made consecutive lower highs at $71,300 and $63,900.

Data from CryptoQuant suggests that a major correction or the onset of a sustained bear market could be on the horizon as the profit and loss index is hovering around its 365-day moving average. Previous crossovers to the downside acted as a precursor to deep declines begun in both May and November 2021.

CryptoQuant's bitcoin bull-bear market cycle indicator is also approaching a key level that suggests descent into a bear market.

A lack of growth in tether's $USDT market cap also shows that a rally might be hard to come by as historical recoveries can be attributed to a rise in stablecoin liquidity, CryptoQuant added.

However, bitcoin whales have been increasing their stash during the recent downswing, with large holders boosting their stack by 6.3% over the past month, the fastest pace since April 2023.

Germany's aggressive selling of seized BTC also appears to be coming to a close as it has nearly emptied its wallet after seizing 50,000 BTC from from Movie2k in January.

But still BTC has to face the Impact of impending Mt.Gox Distribution which could be catastrophic..

for long term still few other bullish factors such as an $ETH ETF being approved in the U.S. and the continued growth of U.S. stock indices, which bitcoin has historically correlated with, signal that 2024 will experience continued upside despite signs of short-term exhaustion..

DYOR /NFA

FIRST HALF OF 2024, WITH 200 + MAJOR HACKS WITH $1.56 BILLION LOSSES….

As Reported by Peckshield, 2024 first half  witnessed 200+ major hacks in the crypto space, resulting in a Losses of $1.56b , while $319 Million was able recovered. 

This marks a significant 293% increase from the same period in 2023 where the losses amounted to $480 Million.

DeFi protocols remained primary targets, accounting for 59% of the total stolen value .

During 2024 1st Half, over 20 public chains experienced major hacks, 

Top Crypto Losses by Amount…
With the Top 3 Cryptos by amount lost being 
Ethereum 
Bitcoin   
XRP

Top Chains Affected..
Both Ethereum & BNBChain led with 31.3% of the total number of hacks, closely followed by Arbitrum at 12.5%.

stay safe…

GOAT LIONEL MESSI MESSING WITH $WATER ,
NO MEME HAS ACHIEVED THIS ....😱😱😱

$WATER , the Latest Solana Meme Sensation, Attracts Soccer Great Lionel Messi

$Water, the latest meme sensation on the Solana blockchain, has just pulled off one of its most significant achievements yet. 

Soccer legend Lionel Messi posted an Instagram story supporting $Water coin, a move that could be one of the greatest achievements in meme history.

Before Messi's endorsement, $Water had plummeted nearly 70% within 24 hours. However, following the Instagram story, the coin's value skyrocketed by approximately 200%, with a 24-hour trading volume soaring to 110 million.

With this remarkable achievement, it's predicted that $Water will see more surprising news in the coming days, with analysts forecasting the coin could soon approach a $1 billion market cap.

According to the official X account (currently under review for premium status), some major top-tier CEX listings may be revealed soon.

$Water has become one of the standout memes in the Solana ecosystem, and about 20% of its total supply of 88.89 billion has already been burned.

$WATER Current Status:
Price: $0.000954
Market Cap: $82.15 Million 
All-Time High (ATH): $0.0033
24HOURS Volume: $107 Million 
CMC Rank: 2550

In my opinion, $Water has the potential to be a massive project with its ambitious roadmap and aggressive marketing efforts. 

However, investing in meme coins carries higher risks and greater rewards. As a risk-taker myself, I have invested in $Water and am currently enjoying substantial returns.

DYOR/NFA 

SHIBA INU Becomes One of The  Best-Performing Meme Coin in the Market – $1 $SHIB Possible?

Shiba Inu has recently become one of the the best-performing meme coin in the market with its price surge. This remarkable turnaround comes after a significant surge in its burn rate and market value.

Over the past day, $SHIB burn rate soared by an astounding 781%, coinciding with a notable price increase. This resurgence has revived the Shiba Inu community, and ever since then, there has been a lot of talk around the token’s potential for further growth.

As of the latest data, SHIB continues to sustain these gains, with a price increase of 11% to $0.00001607 over the last 24 hours. The broader cryptocurrency market has also contributed to Shiba Inu’s recovery.

Shiba Inu’s burn rate has dramatically increased, which is crucial in its price dynamics. Over the past 24 hours, the burn rate skyrocketed by almost 800%, destroying around 18 million SHIB tokens. This continuous effort to reduce the total supply aims to positively impact the market by increasing scarcity, which can drive the price up.

whale activity has significantly increased, contributing to SHIB’s price fluctuations. Data from CoinMarketCap shows that SHIB’s large transaction volume soared 21.54% in the past 24 hours, reaching over $451 million.This surge indicates that whales are either accumulating SHIB or moving large amounts of it. Such activity often signals significant market moves and can lead to price volatility.

As more tokens are burned, the reduced supply could drive up the price if demand remains steady or increases.Additionally, whales’ active accumulation suggests that significant investors have confidence in SHIB’s potential for further growth.

Shiba Inu is currently challenging a critical price level, with 422.29 trillion SHIB being held by 23,330 addresses at an average price of $0.000017.If the bulls surmount this vital level, the SHIB price could approach $0.00002.

so the $SHIB future looks highly promising
DYOR /NFA

Nigerian Student Returns 90 Solana Tokend Mistakenly Sent , Rewarded for Honesty…
A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began sending tips to his crypto wallet.

A Nigerian chemical engineering student, Anjola Femi, recently returned crypto assets worth $14,000 mistakenly sent to his account by a crypto trader. According to the crypto trader and influencer who calls himself “The Crypto Network,” Femi had won Solana (SOL) tokens worth $100 in one of the former’s crypto giveaway promotions. However, the crypto trader accidentally sent 100 SOL tokens.

Upon realizing the mistake, the influencer reached out to Femi and asked him to return 90 SOL and keep the rest. After Femi complied with his request, the crypto trader shared details of this moment with his more than 174,000 followers on X.

“Lucky  he sent me back 90 solana. There is still hope in the crypto community, that is insane, an anonymous individual who is a supporter of mine, a follower of mine [has returned the 90 SOL.] Thank you man,” the influencer said.

Immediately after The Crypto Network shared a video in which he thanked Femi, some well-wishers, surprised by the latter’s honesty, began sending tips to his crypto wallet. According to a report, Femi had a gift credit balance of over $5,000 at the time of writing.

By returning the funds, Femi not only bucked the common trend in the crypto world, where recipients either spend or refuse to return mistakenly sent assets. As the case between Crypto.com and an Australian woman illustrates, some recipients of mistakenly sent funds will only relent when law enforcement or local courts intervene.

When asked why he agreed to return the 90 SOL, Femi reportedly said that refusing to do so would have gone against his values, such as honesty, which he “holds dear.”

03 MASSIVE LIQUIDATIONS DUE TO THE MARKET CRASH, TOTALING WHOOPING $14 .36 MILLION..😱😱😱

As Reported by Peckshield, 03 whales had Massive Liqudations Due to the Sudden Market Crash ,Resulting a loss of Staggering $14.36 Million.

WHALE 01
Address 0xc26b...869c has been liquidated 173,230 $cETH worth of $10.7 Million

WHALE 02
Address 0xc26b...869c has been liquidated
36.52K $cETH worth of $2.25 Million

WHALE 03
Address 0x95c5...5365 has been liquidated
24.64 $WBTC worth of $1.41 Million

Meanwhile as per the On-chain Data, Total Liquidation in past 24 hours recorded as Massive $675.65 Million with 233,563 traders were liquidated.
With $587.96 Million were on long positions & $87.80 Million in short Positions..

Market Crash Can be attribute to the Various factors including Mt.Gox movement of
47,228 $BTC Worth of $2.71 Billion To A new Wallet ,appearing to be they are preparing to payback the Mt.Gox Investors...
and the movement of $BTC belongs to German Government To CEXs ....
( you can read full reports in my previous articles)

🚨🚨🚨 JUST IN ..
MT GOX HAS MOVED 47,228 $BTC WORTH OF $2.71 BILLION TO A NEW WALLET ..😱😱😱

As Reported by ArkhamIntel, Mt Gox moved 47,228 $BTC ($2.71 billion dollars) from cold storage to a new wallet.

Mt Gox stated that all the necessary preparations has been completed to refund the claiments early July....

Mt. Gox bankruptcy trustee on June 24, 2024, declared that reimbursements would begin at the start of July. The disbursements will be made in BTC and Bitcoin Cash (BCH) and sent to designated exchanges. 

Approximately $9 billion worth of $BTC   and $50.8 million in Bitcoin Cash are expected to be distributed to 127,000 Mt. Gox creditors.

This announcement follows a lengthy wait of ten years and three months by creditors for reimbursement. Mt. Gox ceased operations on February 24, 2014, when it halted all trading and took its website offline. Nobuaki Kobayashi, the trustee, stated that the debtor had taken time to ensure safe, reliable, and compliant repayment arrangements. 

History of Mt. Gox..
Mt. Gox was once the world’s top crypto exchange, handling over 70% of all Bitcoin transactions in its early years. In early 2014, hackers attacked the exchange, resulting in the loss of an estimated 740,000 BTC, worth $15 billion at current prices. The hack was the biggest of many attacks on the exchange between 2010 and 2013.

"Brace Yourselves for Another Bumpy Ride ..."