The Nigerian Securities and Exchange Commission is revising rules for virtual asset service providers, requiring them to complete the application process within 30 days.

Complete all the paperwork in a month, and welcome to the world of crypto! Great plan 👌🏻

CryptoFam
#binance #cryptofam

Today on the cryptocurrency market it seems as if the whole world has frozen. Bitcoin is down a bit to $64,546.61 (-0.05%), but ETH has some growth - now $3,519.53 (+0.09%).

🟢 Well, those that are growing, not so much: BNB: $592.706 (+0.66%), ADA soared a bit to $0.390009 (+3.575%), AVAX holds on to $25.7752 (+2.21%), DOGE increased to $0.124862 (+0.15%), TON is on fire - it became $7.6246 (+6.01%).

🔴 But more assets are down today with SOL falling to $134.846 (-1.08%), LINK and WEETH also going down - $13.6065 (-1.99%) and $3,653.04 (-0.13%) respectively. LEO and APT are also down - $5.7475 (-0.19%) and $6.9703 (-0.87%)

CryptoFam
#market #cryptofam

South African tax authorities are actively auditing crypto traders for compliance. Crypto enthusiasts, prepare for the tax inspectors!

Tax inspectors will be tax inspectors, they've even reached cryptocurrencies! 🕵️‍♂️

CryptoFam
#crypto #cryptofam

Analysts predict that Bitcoin could rise to $200K by 2025 despite recent price drops. Bitcoin recently fell to $63,400, but analysts at Bernstein Research believe that spot ETFs will help push the price to $200,000.

Wow, back to the moon! Let's hope it works this time 🚀

CryptoFam
#BTC #cryptofam

Today we can note the following changes in the cryptocurrency market:

✳️ The first group of assets increased by 0.09%.
✳️ The second group showed a growth of 0.48%.
✳️ The third group added 0.20%.

Despite the overall growth, some sectors still declined. For example, the last group fell by 0.07%.

Most sectors are stable or slightly growing, and the total global market capitalization is $25 trillion.

CryptoFam
#crypto #cryptofam

A man from Colorado pleaded guilty to cryptocurrency fraud amounting to $2.2 million. Robert Wesley Robb deceived investors by promising high returns from a crypto bot but instead spent their money on personal needs. He faces up to 20 years in prison.

Selling a crypto bot and spending it on a vacation. Great plan, Robert! 🏖🚓

CryptoFam
#crypto #cryptofam

Satoshi Nakamoto is not one person?

A new theory suggests that the founder of Bitcoin could be three people. Evidence points to their participation in the Crypto '98 conference in California and their work at IBM.

No wonder Satoshi is such a genius — it's a team effort! 🧠

CryptoFam
#bitcoin #cryptofam

It's not a rosy picture in the cryptocurrency market today. Bitcoin fell to $62,636.80 (-2.96%) and Efirium to $3,371.51 (-4.27%).

🟢The assets that rose slightly include LEO: $5,779 (+0.20%).

🔴And here are the assets that showed a decline: BNB: $568.234 (-4.29%), SOL: $124.727 (-7.41%), ADA: $0.37179 (-4.67%), AVAX: $24.3453 (-5.95%), XRP: $0.470875 (-3.73%), SHIB: $0.000017 (-6.31%), DOT: $5.5974 (-3.17%).

So, negative dynamics prevails in the crypto market today, and most of the assets are going down.

CryptoFam
#market #cryptofam

The value of Donald Trump's crypto assets has dropped by 70% since the beginning of the month — a loss of $15 million.

Poor grandpa 😅

CryptoFam
#Trump #cryptofam

The South Korean think tank warns about the dangers of crypto ETFs. They believe that launching such ETFs could undermine the country's financial stability by attracting significant capital to the crypto market and worsening liquidity.

Looks like crypto ETFs are like a playground on a minefield, fun but dangerous! 💥🎢

CryptoFam
#ETF #cryptofam

A MakerDAO delegate had $11.1 million in crypto assets stolen after a phishing attack. The attackers withdrew 3657 MKR and 2.56 million Pendle USDe. The price of MKR fell by 7% after the assets were sold.

As they say, trust but verify! Or maybe it's just time to install an antivirus 🛡

CryptoFam
#MKR #cryptofam

Tether's decision to stop issuing USDT on the EOS and Algorand blockchains could impact the liquidity and use of these blockchains. It may also cause shifts in demand to other blockchains that support USDT, affecting the stablecoin market and ecosystems linked to EOS and Algorand.

Looks like Tether is playing "musical blockchains." Wonder who's next? 🎵💼

CryptoFam
#USDT #cryptofam

Could you imagine that a gaming token would surpass Bitcoin in global search queries in just 3 months?

No one could!

On the Google Trends graph, it's clear that yesterday it happened: Hamster Kombat surpassed Bitcoin for the first time in terms of audience interest! Yes, today Bitcoin once again surged to the top due to news agenda, but such a breakthrough from 🐹 is impressive!

It seems like there's still a lot of interesting things ahead! Let's keep watching.

CryptoFam
#Hamsterkombat #cryptofam

🇯🇵 Japanese companies are increasing their Bitcoin holdings.

The purchase of assets is aimed at strengthening the investment portfolios of companies.

This fact reflects the growing trend among corporations to diversify assets through digital currencies, which positively affects the industry as a whole.

CryptoFam
#BTC #cryptofam

Hamster Kombat continues to gain momentum

According to their video, the number of users has grown to 200,000,000! 🔥

We are curious to see if they can reach 1 billion players.

CryptoFam
#HamsterKombat #cryptofam

How to Invest When Cryptocurrency Prices are Falling?

1. Stay true to the long-term perspective and don't panic over daily fluctuations.

2. Avoid impulsive decisions: don't give in to panic and rush to sell your assets when prices fall.

3. Crash = an opportunity to buy at a low price – but choose assets considering their long-term potential.

4. Study market dynamics: keep an eye on news and trends that affect the market movement.

5. Diversify your portfolio: don't put all your money into one coin. The more assets in your portfolio, the lower the risks.

Investing involves risks, be prepared for them and don't forget our tips.

CryptoFam
#Invest #cryptofam

Centralized exchanges facilitate the spread of digital currencies

Projections indicate an increase in the number of users on Bitcoin exchanges by 100 million people. Binance alone processes transactions worth over $15.1 billion daily.

Will the forecast come true? We'll see, all that remains is to observe what happens.

CryptoFam
#BTC #cryptofam

Coinbase lost its second place in the global trading volume ranking. Bybit now holds this position, increasing its market share from 11% to 16% by reducing fees.

Coinbase's share dropped from 11% to 8% since October 2023.

CryptoFam
#Coinbase #cryptofam

TON Foundation plans to attract 500 million users to Web3 by 2028 through partnerships with Telegram and Tether, as well as the popularity of Tap-to-Earn games.

Looks like more people will be earning crypto just by tapping their screens. 📱

CryptoFam
#Ton #cryptofam

🤝🏻Bitget and Foresight Ventures have joined forces to create a $20 million fund to develop the TON ecosystem.

CryptoFam
#Ton #cryptofam