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The SEC charges NEXO for its "lending product," and settles with them the same day. A $45 million collection.

But isn't NEXO an exchange? What about the numerous "securities" that NEXO is unlawfully selling to U.S. citizens? Is That's okay??
#Cryptocurrency is becoming more popular in Nigeria.
 
Do you know? Nearly, 35% of Nigerians own cryptocurrency, and also Nigeria is among the largest African countries driving Africa’s #crypto growth.

Here’s to look out for some of the best crypto #exchanges from Nigeria which provide you with a simple, secure, and reliable #trading experience.
#BTC Dominance has followed the orange path perfectly

Still, there is scope for some overextension beyond the red resistance towards the top of this Macro Black Wedge

Bitcoin will continue to increase in Market Dominance for the time being
On Monday, the value of top #cryptocurrencies showed mixed signals. The global market cap managed to climb above the $1 trillion mark over the weekend.

#Bitcoin experiencing a slight dip at $22,675.24, while #Ethereum rises by 0.56% to $1,631.61 in the last 24 hours.
📈 Are you Holding #Solana? What do you think, Solana is still powerful?

🔹 Solana Labs lost almost $700 mn in value due to the #FTX collapse and has since come off the lows, with a market cap now crossing $8.99 bn.

🔹 However, the partnership with Google Spiked Solana by over 40%, and it announced its plans for the #dApp Store including Solana Mobile stack and #Solana pay.

🔹 More than 350 #projects are on Solana due to its security, speed, and cost-efficiency throughput.

🔹 Here’re some reasons why Solana is still a long-term buy


🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:7023272639641124864
#ElonMusk has achieved remarkable success over the past three decades - averaging a multi-billion dollar company every five years.

From #PayPal to #Tesla, #SpaceX to #Neuralink, and now #OpenAI and The Boring Company, Elon has achieved success in an astonishingly short amount of time.

His latest venture is OpenAI, the maker of #ChatGPT uses artificial intelligence ( #AI ) to simulate human conversation.

OpenAI is yet another testament to Elon’s remarkable entrepreneurial spirit and drive for success.
On Wednesday during the early Asian trading hours, the global #crypto market was in the red as the prices of #Bitcoin dipped by 1.87 percent.

The second most popular token, #Ethereum, has dropped 5.5% from yesterday and is #trading at $1,546.85.

Other popular #cryptocurrencies also witnessed a drop in their value.
Now that you are well versed with #cryptocurrency, you might have come across the word #NFT! Let's Explore What is NFT?

Nearly, 12,000 #NFTs sales happen each day, and the most expensive NFT 'The Merge' was sold for $91.8 mn in December 2021.

Let’s check out What are NFTs and Why are worth are millions?

Check Now: https://www.instagram.com/p/Cn14-F1psfM/
Bitcoin, Ethereum, and most of the other major #cryptocurrencies by market capitalization are seeing minor drops on early Thursday.

#Bitcoin Price is trading at $22,820.09, while #ETH Price is holding above the $1500 Level.

The overall #crypto market cap stood above $ 1 trillion with a 1.56% loss.
CEXs VS. DEXs: Which one will you choose #crypto newbies?

The recent chaos around FTX, the centralized exchange has sparked questions about the pros and cons of keeping #digital assets on crypto #exchanges.

If you started with crypto, you might have come across #CEXs and #DEXs! Let’s explore What are CEXs and DEXs?

Read on: https://www.instagram.com/p/Cn64MHPJIWd/
Crypto Billionaires Who Lost Most in 2022

2022 has been the year everything crashed for the crypto industry. The loss resulted from the bankruptcies of several crypto companies and the bear market.

The latest Forbes report shows that even the richest in the sector were significantly affected as the top crypto billionaires lost $100 billion of their net worth.



#Crypto #Billionaire #Rich #FTX #DCG #Gemeni #OpenSea #NFT
The #crypto market is down today as Bitcoin and major altcoins retrace their recent gains while investors await this week’s #FOMC and the revelation of the next interest rate hike.

The global crypto market plunged by 3.50%, with #Bitcoin at $22,863.56 and #Ethereum at $1,572.51. Major altcoins follow the suit.
The Future is Here: Welcome to Web3 🚀 Decentralization is the key to unlock a new world of possibilities in the digital landscape. With Web3, control is returned to the hands of the users, offering greater security, accessibility, and innovation.

Get ready to explore the depths of this revolutionary technology and discover its potential to transform the way we interact with our assets. From finance to gaming, and beyond, Web3 is poised to reshape the digital landscape and change the game for good.

Check Now: https://www.instagram.com/p/CoFRlgxJA4B/
Bitcoin and other major #crypto tokens were rallying sharply on Thursday,  after the in-line US Fed rate hikes and dovish commentary from the US Federal Reserve chairman Jerome Powell.

The global crypto #market cap stood at $1.09T from $1.05T. #Bitcoin marched toward $ 24,000 mark, whereas #Ethereum topped $1,600.
As per CoinDesk data, Last month, private crypto startups saw a significant decline in venture capital and other investments, totaling $548 million compared to $6 billion in January 2022.

The number of transactions also declined from 166 to 62. The report reveals that most of the deals in 2023 were for early-stage companies with smaller investments.



#Crypto #Funding #DeFi #CeFi #Web3 #Investment
On Saturday, during early Asian trading hours, #Bitcoin (BTC) and #Ethereum (ETH) prices managed to stay above the $23,000 and $1,600 marks, respectively, Major altcoins saw decent growth.

The global #crypto market cap stood at $1.08 Trillion.
Bitcoin FOMO Returns as 620k Small Addresses Reappear !

Since January 13th, 2023, there has been a resurgence in small Bitcoin addresses holding 0.1 BTC or less, with a total of around 620k addresses re-appearing on the network.

This slow growth in the number of these addresses continued throughout 2022, but this year has seen a renewed optimism among traders.
The #decentralized applications (Dapps) have become increasingly popular with #web3 gamers, #investors, and #crypto enthusiasts.

Among the most popular DApps at present are #DeFi applications such as decentralized exchanges (#DEXs).

By Q1 of 2022, there were almost 2.37 million daily active users of #DApps. But there's still a long way to go.

If you have not tried any Dapp yet, here’s to check out what are DApps. How they are used in daily life without revealing your identity and relying on a central authority.

Read More: https://www.linkedin.com/feed/update/urn:li:activity:7028371142390292480
On Tuesday, The price of #Bitcoin ( $BTC ), the first cryptocurrency, has been gradually decreasing and currently stands at around $22,000.

Meanwhile, #Ethereum ( $ETH ) is stable at around $1,600. Major #altcoins have shown a mixture of increases and decreases.
Trader skepticism towards the expected dip in February for crypto can actually IMPROVE the chances of prices CONTINUING to RISE.

This is because prices tend to move in the direction that the majority perceives as unlikely.