While Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front suggest a shift toward supporting crypto businesses. Buchi Okoro, CEO of the digital asset exchange Quidax, which recently obtained an operating license, believes these developments could lead to broader adoption of crypto assets in Nigeria. Quidax Wins […]
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
Ethereum’s price on August 19, 2024, stands at $ 2,582, with a 24-hour intraday range of $ 2,572 to $ 2,681. The cryptocurrency recorded a trading volume of $ 9.5 billion, contributing to a market capitalization of $ 310 billion. Despite these figures, ethereum’s technical indicators reveal a bearish outlook, …
Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected
Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before allowing it to operate again in the country. Paradoxically, using X, Maduro called for an end to “plans […]
Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $ 62,891 to $ 63,075 per unit underscores a market grappling with uncertainty, reflected in an intraday trading range between $ …
Ethereum Technical Analysis: Oscillators and Averages Signal a Tense Equilibrium
Ethereum’s journey through financial markets on March 18, 2024, showcases a complex landscape marked by its recent price movements and technical indicators. Amidst a volatile environment, ether is priced at $ 3,578 per unit, reflecting the intricate dance between buyers and sellers. Ethereum The 24-hour trading range for ethereum (ETH) oscillated between $ …