The movement of Bitcoin's price is showing a positive trend! Technical analysis indicates that the bulls have dominance, as they have broken through crucial resistance levels. This may indicate additional price increases in the short run. There is a hopeful outlook for the future of Bitcoin.$BTC

celebration for Python enthusiasts! Wait a minute... Is this a permanent relocation or simply a price adjustment?? 👀😅
It's getting crazy here! We recently saw a large token unlock, but surprisingly, #PYTH appears to be handling it well. 🤷😖
Here's the agreement:
🟣 Preventing from being unlocked? 🔓🔑 Not happening today! A major token unlock was causing concern for everyone, but PYTH quickly recovered impressively! It rose from its lowest point of $0.356 in the past day to its current position of $0.442. Whew!
🟣 The trading volume is skyrocketing: It seems like everyone is catching the PYTH fever! Trading volume has been extremely high, reaching $487 million in the past day. Hang onto your hats! 🔥
🟣 Are Whales Causing a Commotion in the Water? In the past 24 hours, there was an influx of 37.78 million PYTH tokens (equivalent to approximately $16 million). Are whales gathering, or is it simply a spike in interest? 🐳
What's the bottom line? PYTH is currently experiencing a high level of volatility. It's an unpredictable journey! Simply beware of the risks and trade with caution. Is this a long-term change or merely a price adjustment? That is the question worth a million dollars, my friend. The recent increase in activity and strong volume are seen as positive indicators, although nobody can be certain. 🙃👌
What are your thoughts, PYTH fam? Does this indicate positive developments ahead, or is it just a momentary setback? Please share your thoughts in the comments below! Research before investing! #altcoins #buylow

FT reported the detention of Binance executives in Nigeria.🤔

Two Binance executives have been arrested in Nigeria as the country cracks down on cryptocurrency exchanges. This is reported by the Financial Times.
According to the publication's sources, company representatives flew to Nigeria after the authorities decided to ban several sites trading digital assets. However, upon arrival, they were detained by officials from the National Security Adviser's office and their passports were confiscated.
The government has turned its attention to crypto platforms following the rapid devaluation of the Naira (NGN). In 2023, inflation in the country reached a thirty-year high of 29.9%.
The Nigerian authorities believed that trading services contributed to the deterioration of the local currency by creating their own unofficial NGN rate.
Adviser to the Nigerian President Bayo Onanuga confirmed that Binance is “blatantly” setting local exchange quotes for the naira and abusing the central bank’s role as exchange rate operator.
After the executives were detained, Binance stopped trading Bitcoin and USDT in pairs with NGN.
During the press conference, the Chairman of the Central Bank of Nigeria, Olayemi Cardoso, discussed the impact of the largest crypto exchange in terms of trading volume on the economy.
“We are concerned that certain practices continue to indicate illicit flows passing through a number of [cryptocurrency platforms]. In the case of Binance, $26 billion passed through its Nigerian subsidiary in the last year alone from sources and users that we cannot adequately identify,” he said.
According to Cardoso, Nigeria's anti-corruption agency, police and national security office were coordinating investigations into such platforms. FT sources also reported that authorities have been demanding a list of Nigerian Binance users since the company entered the jurisdiction.
#TrendingTopic  #Portal  #BTC  #BONK  #DOGE  
$BNB

Nigeria accuses Binance of currency manipulation and demands at least $10 billion in fines.

According to the BBC report, Bayo Onanuga, spokesman for Nigerian President Bola Tinubu, said in an interview that Binance has affected the foreign exchange rate by hyping the Nigerian naira, which has led to the naira devaluing by nearly 70% in recent months. Bayo Onanuga said:
"The platform fixed Nigeria's exchange rate, which is an illegal exchange rate. The Central Bank of Nigeria (CBN) is the only institution that can determine the country's exchange rate."
According to the BBC report, Nigeria believes that Binance’s actions have a significant impact on the country’s economy and therefore requires Binance to pay a fine of at least US$10 billion. In addition, according to multiple reports, Nigeria has launched an investigation into Binance, and earlier this week it was reported that Binance executives were detained by the Nigerian government. Zakari Mijinyawa, head of strategic communications at the country’s National Security Office, told Premium Times:
“I confirm that as part of the Office of the National Security Adviser’s ongoing activities in the foreign exchange markets with central banks and other law enforcement and security agencies, the Office of the National Security Adviser is coordinating an interagency investigation to review Binance’s operations. "
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