Crypto Pulse Nigeria

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The Governor of North Carolina has vetoed a bill against the implementation of the digital dollar. North Carolina Governor Roy Cooper, a member of the Democratic Party, has vetoed a bill that prohibits the state from implementing a digital dollar issued by the U.S. Federal Reserve.

Announcement of Lost Keys Near Central Park in New York The lost keychain includes a Ledger crypto wallet, and a reward of $10,000 is offered for its return. If the owner remembered the seed phrase, they could recover access to the cryptocurrency without the wallet, but unfortunately, they have forgotten it.

📈Ethereum Analysis Ethereum has returned to its key demand level, with the 4-hour period showing a consistent range between $2870 and $3030. This stability indicates a continuation of the upward trend. The reform process has intensified, and the price is moving within an ascending channel on the daily timeframe. However, there is a high probability of the price retracing to the $1900-$2120 range. When the price drop becomes intense, fear dominates the market, prompting many whales to seize the opportunity and invest in stable currencies.

Sam Bankman-Fried’s Family Suspected of Political Manipulations Involving $100 Million The family of the founder of the bankrupt cryptocurrency exchange FTX has found itself at the center of a scandal involving the misuse of company assets to finance political parties. According to the Wall Street Journal (WSJ), the father of the former head of FTX, Joe Bankman, mother Barbara Fried, and brother Gabriel Bankman-Fried were directly involved in illegal financial operations and the sponsorship of various political parties and organizations.

Rules for Cryptocurrency Exchanges in the EU Change Starting December The European Banking Authority (EBA) has announced that starting December 30, all cryptocurrency exchanges and their intermediaries operating in the EU will be required to comply with the so-called Travel Rules guidelines. All participants in the digital asset market must report on the transfer of funds and crypto-assets and conduct Know Your Customer (KYC) checks on all participants in cryptocurrency transactions.

New Zealand Authorities Demand Crypto Traders Start Paying Taxes The New Zealand Inland Revenue Department (IRD) has sent letters to over 227,000 local traders, urging them to declare their income from cryptocurrency transactions. The tax service identified more than 227,000 unique users who conducted around 7 million transactions. The total value of these transactions is estimated at 7.8 billion New Zealand dollars (approximately $4.77 billion). In its message to traders, the IRD reminded them that virtual assets are subject to taxation, and if traders refuse to disclose their digital asset income, the department will take stricter measures.

Crypto Market Rebounds: Bitcoin Gains 4%, Trading Near $56,500; Ethereum at $3,000 The cryptocurrency market is showing signs of recovery. Bitcoin has risen by 4% and is currently trading around $56,500, while Ethereum is trading at approximately $3,000. Numerous altcoins from the top 100 are experiencing double-digit growth. Leading the growth are WIF (+21%), AKT (+20%), EGLD (+18%), XMR (+17%), and DYDX (+17%). No assets are showing declines. The Fear and Greed Index stands at 26, indicating a fear zone bordering on extreme fear.

Crypto Traders in Zimbabwe Profited from the Decline in the National Currency According to experts from Currency Hub, the results of the elections in Zimbabwe led to a decline in the Zimbabwean dollar, bringing additional profits to investors in the cryptocurrency arbitrage market. Following the presidential elections in Zimbabwe in June 2024, the value of the Zimbabwean dollar (ZWL) plummeted. This event was accompanied by 800% inflation, creating a unique opportunity for investors specializing in cryptocurrency arbitrage to generate additional income.

ANALYSIS BTC/USDT Bitcoin recently declined after breaking down from a symmetrical triangle pattern. It is currently trading above a crucial horizontal demand zone. The next significant support level is around the $52,000 mark, where a potential bounce may be anticipated.