MYTH BEHIND HOLDING FOR LONG Invested absolutely everything | EldoradoNode on Binance Square

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MYTH BEHIND HOLDING FOR LONG
Invested absolutely everything he owned in #Bitcoin  at $100 price.
11 years ago. $50,000 then.
$28,000,000 today.
What. A. Legend 👏
That’s power of HODLing 
#HODLingToTheMoon 
#risk 

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BINANCE DEMANDS EXECUTIVE RELEASE BEFORE NIGERIAN REGISTRATION - Binance has made it clear that it will not adhere to Nigeria’s digital asset regulations until its detained executive, Tigran Gambaryan. Key Points: - Besides Gambaryan’s release, Binance seeks to resolve ongoing disputes with the Nigerian government. The platform faces allegations of tax evasion, money laundering, and foreign exchange violations. - Nigeria’s Accelerated Regulatory Incubation Programme (ARIP) requires virtual asset service providers to open local offices and comply with specific regulatory standards. - A Binance spokesperson told Nairametrics that while they appreciate Nigeria's progress in digital asset regulations, they are unwilling to proceed with registration until both conditions are met. “We are pleased that Nigeria is making progress in the development of its digital assets regime. We hope that someday soon, once Tigran has been freed and our issues are settled, we may seek registration,” the Binance spokesperson reportedly said. - Binance continues to be popular among Nigerian users, despite restrictions. The exchange is not currently regulated by the SEC in Nigeria amid ongoing tensions between the company and Nigerian authorities. Do you think NGN P2P will return to Binance after this dispute has been settled? #binance #Token2049 #NeiroOnBinance #FOMC #NigeriaVsBinance

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GOODNEWS FOR THE PEOPLE LIVING IN UK. Over the last several years, the digital asset sector has grown immensely. The development has seen a host of countries embrace cryptocurrency adoption and the continued growth of the sector. Yet, that has also required nations to establish their own specified regulatory stance on the asset class. That process has been a continuous one. Yet, it has been crucial with the rapid growth of the currencies and those adopting them. Amid that process, the UK government has officially introduced a bill that clarifies cryptocurrency as personal property. Indeed, the legislation was devised to increase investor’s protection in regard to digital finance options. What other country will you like this bill to be passed? IMO: The Federal Republic of Nigeria 🇳🇬 should follow suit. #UK #cryptobill #USDataImpact #unemployment #USNonFarmPayrollReport

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Explaining CPI DATA. Today's one of the most important events of September is CPI Data comes at 8:30 AM ET. (In the next 1hr 25m) • Expectations: 2.6% Right now the scenario is that If CPI Data comes < 2.6%, it will be bullish, and 50 BPS rate cut chances will go up. Or If CPI Data > 2.6%, a dump could happen, and 25 BPS rate cut chances will go up. • If CPI Data comes exact 2.6% then price a little bit pump and then dump. As usually according to previous of such events first price pump and then dump. Now let's see what will happen today when CPI Data comes and it is confirmed that the market might be volatile. #CPI_BTC_Watch #cpi #volatile #bitcoin #gold

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In my previous post, I talked about how Kansas Police recover $30k worth of crypto from a Nigeria scammer. Today, Nigeria’s Securities and Exchange Commission (SEC) plans to start enforcement actions against businesses and individuals involved in unregulated cryptocurrency transactions. Emomotimi Agama, the Director-General of Nigeria’s Securities and Exchange Commission (SEC) said and I quote “We are certainly going to commence enforcement actions on anyone who wants to operate in this market without the intention of being regulated. For those that do not want to play by the books, we will not allow them to operate within our space.” According to Agama, the recent approvals of Busha and Quidax in Nigeria were driven by young Nigerians’ growing interest in digital assets. The official stressed it is essential to provide a clear regulatory framework protecting investors while encouraging innovation. Do you think #crypto is now here to stay in #Nigeria or it’s a way to get hold of some people’s banking details for questioning? #Tomato #Bitcoin #Hamaster

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A NIGERIAN STRIKES: *🗣Kansas Police Recover Stolen Bitcoin from Nigerian Scammer* The Attorney General of Kansas has returned Bitcoin to a local resident who fell victim to a Nigerian cryptocurrency scammer. Kansas Attorney General Kris Kobach announced that this is one of the state’s first successful civil cases against international internet fraudsters. The victim reported that Nigerian resident Bimbo Toyin Akinyemi had promised high returns on cryptocurrency investments, prompting him to transfer his crypto assets to her. However, Akinyemi was found guilty of fraud under the Kansas Consumer Protection Act and was ordered to fully compensate the victim and pay a fine. The authorities seized $28,900 in Bitcoin and around $4,000 in other crypto assets from her wallet. Recently, the U.S. Commodity Futures Trading Commission (CFTC) returned $18 million to investors defrauded by Ikkurty Capital, and last year, the U.S. Department of Justice promised compensation of over $17 million to 800 BitConnect victims. Stay away from those crypto influencers portraying as crypto traders posting how they made $20k within minute, promising you high returns, this isn’t just from Nigerians but other part of the world. If you must trade with someone, make sure every penny is in your account, controlled by you. #USDataImpact #NigerianTraders #UnemploymentRates #Dogs #ScamAware

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