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Nigeria’s SEC Strengthens Crypto Regulations Via New Rules
The SEC has issued new regulations on the licensing, registration, and inspection of VASPs.
The revision of operating standards coincides with Binance now under investigation.
In an effort to better control the operations of cryptocurrency companies, the Nigerian SEC has issued new regulations. Reportedly, this new set of rules is an effort to reduce instances of digital currency fraud and money laundering. The revision of operating standards coincides with the fact that Binance, a leading cryptocurrency exchange, is now under investigation in the nation.
Moreover, as per reports, the SEC has just issued new regulations on the licensing, registration, and inspection of virtual asset service providers (VASPs). The initiative’s stated goal is to safeguard the capital market against “criminals being registered as operators” and to improve market regulation generally.
Ongoing Feud
Concurrent with the implementation of these new regulations, Nigeria is further consolidating government control over the digital asset market. Binance, one of the largest cryptocurrency exchanges in the world, recently made news when it announced its intention to cease providing services in Nigerian Naira (NGN) due to heightened scrutiny in the nation.
Binance seems to have been singled out more during the recent crackdown on crypto exchanges in the nation, perhaps due to its past legal issues in the country.
But it encountered an immediate obstacle when, in the course of the above regulatory motion, the officials of its Nigerian branch were reportedly apprehended. Concerns about an imminent crackdown on cryptocurrencies in Nigeria were heightened when Nigerian officials refuted any remarks suggesting Binance would be subject to a $10 billion punishment.
Highlighted Crypto News Today:
Polygon Recovery Hints at New Bull Run – Can MATIC Hit $7.50?
#MATIC/USDT⚡ #Binance_Cryptos #BNB
The SEC has issued new regulations on the licensing, registration, and inspection of VASPs.
The revision of operating standards coincides with Binance now under investigation.
In an effort to better control the operations of cryptocurrency companies, the Nigerian SEC has issued new regulations. Reportedly, this new set of rules is an effort to reduce instances of digital currency fraud and money laundering. The revision of operating standards coincides with the fact that Binance, a leading cryptocurrency exchange, is now under investigation in the nation.
Moreover, as per reports, the SEC has just issued new regulations on the licensing, registration, and inspection of virtual asset service providers (VASPs). The initiative’s stated goal is to safeguard the capital market against “criminals being registered as operators” and to improve market regulation generally.
Ongoing Feud
Concurrent with the implementation of these new regulations, Nigeria is further consolidating government control over the digital asset market. Binance, one of the largest cryptocurrency exchanges in the world, recently made news when it announced its intention to cease providing services in Nigerian Naira (NGN) due to heightened scrutiny in the nation.
Binance seems to have been singled out more during the recent crackdown on crypto exchanges in the nation, perhaps due to its past legal issues in the country.
But it encountered an immediate obstacle when, in the course of the above regulatory motion, the officials of its Nigerian branch were reportedly apprehended. Concerns about an imminent crackdown on cryptocurrencies in Nigeria were heightened when Nigerian officials refuted any remarks suggesting Binance would be subject to a $10 billion punishment.
Highlighted Crypto News Today:
Polygon Recovery Hints at New Bull Run – Can MATIC Hit $7.50?
#MATIC/USDT⚡ #Binance_Cryptos #BNB
LIVEAK Trader 10
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Floki coin
Guys Floki coin will start pump again iwill take entry now in Floki coin in spot trading and iwill hold it Floki will go to pump 30% guys take entry now
Please follow my page for more information
#TrendingTopic #floki
Guys Floki coin will start pump again iwill take entry now in Floki coin in spot trading and iwill hold it Floki will go to pump 30% guys take entry now
Please follow my page for more information
#TrendingTopic #floki
everyone💰
Tell me you've caught the wave of the new #ETHFI. @ether_fi launchpool, haven't you?
An opportunity for 'free money' not to be missed! 💴🚀
#Binance_Cryptos #BNB #ETHFİ
Tell me you've caught the wave of the new #ETHFI. @ether_fi launchpool, haven't you?
An opportunity for 'free money' not to be missed! 💴🚀
#Binance_Cryptos #BNB #ETHFİ
#Write2ern aevo is very very promising coin and the rate at which they're going i don't see the coin dropping any moment soon....oh i love this coin, it gives me joy see that its part of the coins in my#Binance_Cryptos $AEVO
$BTC Binance continued to support the development and innovation of the crypto space, revealing 13 early-stage projects selected for the MVB Season 7 accelerator program.#BinanceFuturesNEXT #Binance_Cryptos
In future, Bitcoin May Split
No idea when its going to happen.
probably onces it fulfills the Target Population or Investor holding it.
As it's a Future currency, wether countries accept or not, it may not stop. Dont afraid of lossing, instead keep it as investment for long. it may not help us but it may help to Future generation.
What If, Bitcoin split?
comment below.
#TrendingTopic: #Bitcoin(BTC) #Binance_Cryptos
No idea when its going to happen.
probably onces it fulfills the Target Population or Investor holding it.
As it's a Future currency, wether countries accept or not, it may not stop. Dont afraid of lossing, instead keep it as investment for long. it may not help us but it may help to Future generation.
What If, Bitcoin split?
comment below.
#TrendingTopic: #Bitcoin(BTC) #Binance_Cryptos
Highlights some important word
These tokens align with our target values and pre3. 🎯 **UMA and DYM**: Tricky terrain here. They might seem promising, but sudden drops are part of the game. 📉 Not ideal for long-term hodling. Smart move to cash in when they hit a profitable price, maximizing gains. ⏩ These assets take a while to soar. Like other pieces👉 MOVR, BOND, LUNA AND MORE… visionary, which is impressive. We hold them ac2. 💹 *VANRY*: Vanry reached an all-time high, showcasing impressive pumps beyond our expected price. 🚀 Outstanding performance, highlighting its potential. Came at the perfect time, bringing in substantial profits. 💰
💁Keep these tips in mind to make WeLL-Informed decisions and minimize risks.
🎁Your comment,
🙋Your liking this post,
🙋Your following me,
🙋retrieving the redeem
👉 Your support drives our mission to provide top-notch investment advice. Show some appreciation with a tip to empower our team!
Thank you so much for your support ❤️💼🚀
$BONK #HotTrends #Aevo #Write2Earnn #Binance_Cryptos #elonmusktweet
These tokens align with our target values and pre3. 🎯 **UMA and DYM**: Tricky terrain here. They might seem promising, but sudden drops are part of the game. 📉 Not ideal for long-term hodling. Smart move to cash in when they hit a profitable price, maximizing gains. ⏩ These assets take a while to soar. Like other pieces👉 MOVR, BOND, LUNA AND MORE… visionary, which is impressive. We hold them ac2. 💹 *VANRY*: Vanry reached an all-time high, showcasing impressive pumps beyond our expected price. 🚀 Outstanding performance, highlighting its potential. Came at the perfect time, bringing in substantial profits. 💰
💁Keep these tips in mind to make WeLL-Informed decisions and minimize risks.
🎁Your comment,
🙋Your liking this post,
🙋Your following me,
🙋retrieving the redeem
👉 Your support drives our mission to provide top-notch investment advice. Show some appreciation with a tip to empower our team!
Thank you so much for your support ❤️💼🚀
$BONK #HotTrends #Aevo #Write2Earnn #Binance_Cryptos #elonmusktweet
Bitcoin price advances to $80K as BTCETFs now manage more than half as much as Gold ETF assets
Bitcoin's value soared to $73,000 💸
Fueled by eager buyers 👫
Could surge to $80,000 🚀
Halving approaching ⏳
Bitcoin ETF assets climb 📈
$58.7 billion total 📊
Still shy of Gold ETFs' 💰
$98 billion stash 💼
BTC inching closer to $80,000 🎯
Thanks to ETF inflow 🌊
But where will it peak? 🤔
Bull market frenzy awaits! 🐂
Wondering about pullback? 📉
Amid profit-taking and leverage
What is Bitcoin?
Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Bitcoin ETFs now manage more than half as much as Gold ETF assets
While Bitcoin price is fluctuating up and down, it continues to maintain a northbound directional bias. It comes as the Cryptocurrency Fear and Greed Index remains at 81, signifying extreme greed, likely because traders do not want to miss out on the action.
Two themes continue to drive the market. First, anticipation for the BTC halving, around 39 days away, is expected to kick off the next bull cycle. Second, the ongoing ETF narrative has not let up. The latest investment product is lauded for bringing BTC to Wall Street and driving a wave of institutional interest into the market.
Data according to Kaiko Research shows that the depth of liquidity in the BTC market, as measured by the value of exposure in order books within 2%, reached a record $600 million, with the number of bids significantly exceeding the number of asks.
This points to profit-taking among traders as Bitcoin price continues to record higher highs. Nevertheless, the data also pointed to persistent refinancing rates, showing that the demand for BTC remains high.
On the other hand, if traders begin to cash in on the gains made so far, Bitcoin price could retract. Investors looking to short BTC should wait for a break and close below the $64,044 mean threshold, the midline of the supply zone extending from $62,278 to $65,618.
Bearish market occur
A flip of the bullish breaker (formerly supply zone) from support to resistance could see BTC provide another buying opportunity around the $60,000 psychological level.
💁Keep these tips in mind to make WeLL-Informed decisions and minimize risks.
🎁Your comment,
🙋Your liking this post,
🙋Your following me,
🙋retrieving the redeem
👉 Your support drives our mission to provide top-notch investment advice. Show some appreciation with a tip to empower our team!
Thank you so much for your support ❤️💼🚀
#HotTrends #BTC #Aevo #Write2Erarn #Binance_Cryptos $BTC
Fueled by eager buyers 👫
Could surge to $80,000 🚀
Halving approaching ⏳
Bitcoin ETF assets climb 📈
$58.7 billion total 📊
Still shy of Gold ETFs' 💰
$98 billion stash 💼
BTC inching closer to $80,000 🎯
Thanks to ETF inflow 🌊
But where will it peak? 🤔
Bull market frenzy awaits! 🐂
Wondering about pullback? 📉
Amid profit-taking and leverage
What is Bitcoin?
Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Bitcoin ETFs now manage more than half as much as Gold ETF assets
While Bitcoin price is fluctuating up and down, it continues to maintain a northbound directional bias. It comes as the Cryptocurrency Fear and Greed Index remains at 81, signifying extreme greed, likely because traders do not want to miss out on the action.
Two themes continue to drive the market. First, anticipation for the BTC halving, around 39 days away, is expected to kick off the next bull cycle. Second, the ongoing ETF narrative has not let up. The latest investment product is lauded for bringing BTC to Wall Street and driving a wave of institutional interest into the market.
Data according to Kaiko Research shows that the depth of liquidity in the BTC market, as measured by the value of exposure in order books within 2%, reached a record $600 million, with the number of bids significantly exceeding the number of asks.
This points to profit-taking among traders as Bitcoin price continues to record higher highs. Nevertheless, the data also pointed to persistent refinancing rates, showing that the demand for BTC remains high.
On the other hand, if traders begin to cash in on the gains made so far, Bitcoin price could retract. Investors looking to short BTC should wait for a break and close below the $64,044 mean threshold, the midline of the supply zone extending from $62,278 to $65,618.
Bearish market occur
A flip of the bullish breaker (formerly supply zone) from support to resistance could see BTC provide another buying opportunity around the $60,000 psychological level.
💁Keep these tips in mind to make WeLL-Informed decisions and minimize risks.
🎁Your comment,
🙋Your liking this post,
🙋Your following me,
🙋retrieving the redeem
👉 Your support drives our mission to provide top-notch investment advice. Show some appreciation with a tip to empower our team!
Thank you so much for your support ❤️💼🚀
#HotTrends #BTC #Aevo #Write2Erarn #Binance_Cryptos $BTC
Grab your Ramadan Reward in FDUSD 🎁🧧
Just click on the link below claim your gift 🎁🧧
https://s.binance.com/Rn0DJpDE
#HotTrends #Binance_Cryptos #Meme
Just click on the link below claim your gift 🎁🧧
https://s.binance.com/Rn0DJpDE
#HotTrends #Binance_Cryptos #Meme
The Reason Behind Bitcoin Dump!!
In the last 24 hours, 4,637 Bitcoins were transferred from a Binance deposit wallet to a Binance hot wallet.
Coincidentally, during the March 5 BTC dip, the deposit wallet also transferred 4,876 $BTC to the Binance hot wallet.
BUY THE DIP 🏃
#HotTrends #BTC #Bitcoin(BTC) #Binance #Binance_Cryptos #
In the last 24 hours, 4,637 Bitcoins were transferred from a Binance deposit wallet to a Binance hot wallet.
Coincidentally, during the March 5 BTC dip, the deposit wallet also transferred 4,876 $BTC to the Binance hot wallet.
BUY THE DIP 🏃
#HotTrends #BTC #Bitcoin(BTC) #Binance #Binance_Cryptos #
Nothing special for anyone just this day is special for me as it’s my birthday while it’s ramadan day i hope everyone have the health and wealth and fulfilling your dreams
Ps: i accept small gifts 🎁🙈
#Binance_Cryptos #BirthdayCelebration #Ramadan2024
Ps: i accept small gifts 🎁🙈
#Binance_Cryptos #BirthdayCelebration #Ramadan2024
🔥💥Bitcoin Halving — How does the halving cycle work and why is it important?
What is Bitcoin halving?
The amount of new Bitcoins created is halved every four years on the half-day. When #Bitcoin is halved, the reward given to contributors who ensure the security of the network is reduced by 50%, which directly affects the rate at which new Bitcoins enter circulation. We call it a half-day.
At the beginning of 2020, 12.5 new Bitcoins were being added to the network every 10 minutes through virtual "mining". In May, this amount was halved to 6.25. In April 2024, this amount will drop to about 3,125, and this process will take until all 21 million bitcoins are mined (it is estimated that this will happen around the year 2140). This process, encoded into the Bitcoin protocol by the creator of Bitcoin, Satoshi Nakamoto, is a way to increase its scarcity by limiting the total supply of Bitcoin.
What happens when Bitcoin is halved?
When Bitcoin goes through halving, the number of new Bitcoins produced decreases by half. To put it differently, miners who verify transactions and add them to the blockchain will experience a 50% decrease in rewards.
This event is encoded into Bitcoin's protocol and occurs approximately every four years or after 210,000 blocks.
Why is Bitcoin #halving important?
When Bitcoin is halved, the reward given to contributors who ensure the security of the network is reduced by 50%, which directly affects the rate at which new Bitcoins enter circulation. Since there are only 21 million Bitcoins and the halving reduces the number of them, it contributes to the deflationary structure of Bitcoin by making people see Bitcoin as something special and rare.
This scarcity from its nature has contributed to demand growth in the past and therefore to potential upward pressure on the price, making Bitcoin separate from traditional fiat currencies (government-backed coins), which are facing inflationary pressures.
#BTC #HotTrends #Binance_Cryptos
What is Bitcoin halving?
The amount of new Bitcoins created is halved every four years on the half-day. When #Bitcoin is halved, the reward given to contributors who ensure the security of the network is reduced by 50%, which directly affects the rate at which new Bitcoins enter circulation. We call it a half-day.
At the beginning of 2020, 12.5 new Bitcoins were being added to the network every 10 minutes through virtual "mining". In May, this amount was halved to 6.25. In April 2024, this amount will drop to about 3,125, and this process will take until all 21 million bitcoins are mined (it is estimated that this will happen around the year 2140). This process, encoded into the Bitcoin protocol by the creator of Bitcoin, Satoshi Nakamoto, is a way to increase its scarcity by limiting the total supply of Bitcoin.
What happens when Bitcoin is halved?
When Bitcoin goes through halving, the number of new Bitcoins produced decreases by half. To put it differently, miners who verify transactions and add them to the blockchain will experience a 50% decrease in rewards.
This event is encoded into Bitcoin's protocol and occurs approximately every four years or after 210,000 blocks.
Why is Bitcoin #halving important?
When Bitcoin is halved, the reward given to contributors who ensure the security of the network is reduced by 50%, which directly affects the rate at which new Bitcoins enter circulation. Since there are only 21 million Bitcoins and the halving reduces the number of them, it contributes to the deflationary structure of Bitcoin by making people see Bitcoin as something special and rare.
This scarcity from its nature has contributed to demand growth in the past and therefore to potential upward pressure on the price, making Bitcoin separate from traditional fiat currencies (government-backed coins), which are facing inflationary pressures.
#BTC #HotTrends #Binance_Cryptos
$Gala Take small Entries with small leverage
DCA if it’s came back to retest
It’s my personal Opinion
DYOR #GalaToMoon
#Write2Erarn #BTC #Binance_Cryptos
DCA if it’s came back to retest
It’s my personal Opinion
DYOR #GalaToMoon
#Write2Erarn #BTC #Binance_Cryptos
Crypto Market Update! 📊
📈 Major Moves Alert! Check out the tokens making headlines today:
#GRT Surging to $0.4672 with a +37.6% increase. Market cap at $1.40B.
#THETAUSAT Climbing to $3.13, up by +6.78%. Market cap now $3.12B.
#FET Rising to $3.11, a +14.4% gain. Market cap hitting $2.60B.
And more! Keep an eye on these movers and shakers! 🌟
#Binance_Cryptos #MarketUpdate
📈 Major Moves Alert! Check out the tokens making headlines today:
#GRT Surging to $0.4672 with a +37.6% increase. Market cap at $1.40B.
#THETAUSAT Climbing to $3.13, up by +6.78%. Market cap now $3.12B.
#FET Rising to $3.11, a +14.4% gain. Market cap hitting $2.60B.
And more! Keep an eye on these movers and shakers! 🌟
#Binance_Cryptos #MarketUpdate
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Quick Scalping Signal👑😇
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Crypto King2
🔥💥Binance announced that it will list BOME futures, one of the new meme coins. BOME gained more than 150 percent in value.
Binance, the world's largest cryptocurrency exchange, has announced that it will list BOME, a meme coin, in the futures section. In the statement, it was noted that transactions will be launched as of 15.30 today, users will be able to buy and sell BOME with up to 50 times leverage.
This announcement by Binance had a big impact on the BOME price. The token has increased by more than 150 percent. BOME's price performance of 1400 percent in the last week is also quite impressive.
BOME's market capitalization, which was trading at $0.0138 at news time, is about $1 billion. Cryptocurrency is also one of the most traded cryptocurrencies with a transaction volume of $ 2.4 billion in the last 24 hours.
Book of Meme (BOME) describes itself as “an experimental project that is preparing to redefine the Web3 culture”. This experiment aims to bring together the constantly evolving meme culture in a Meme book that is a digital summary and to ensure that each part is immortalized on the blockchain. Dec. #BOME ; other popular meme coins are included in the Solana blockchain, such as BONK and WIF.
#Binance_Cryptos #memecoin #BTC #BNB
🔥💥Binance announced that it will list BOME futures, one of the new meme coins. BOME gained more than 150 percent in value.
Binance, the world's largest cryptocurrency exchange, has announced that it will list BOME, a meme coin, in the futures section. In the statement, it was noted that transactions will be launched as of 15.30 today, users will be able to buy and sell BOME with up to 50 times leverage.
This announcement by Binance had a big impact on the BOME price. The token has increased by more than 150 percent. BOME's price performance of 1400 percent in the last week is also quite impressive.
BOME's market capitalization, which was trading at $0.0138 at news time, is about $1 billion. Cryptocurrency is also one of the most traded cryptocurrencies with a transaction volume of $ 2.4 billion in the last 24 hours.
Book of Meme (BOME) describes itself as “an experimental project that is preparing to redefine the Web3 culture”. This experiment aims to bring together the constantly evolving meme culture in a Meme book that is a digital summary and to ensure that each part is immortalized on the blockchain. Dec. #BOME ; other popular meme coins are included in the Solana blockchain, such as BONK and WIF.
#Binance_Cryptos #memecoin #BTC #BNB
