#Bitcoin (BTC) falls 10% on Saturday, with the price of the largest digital asset briefly falling below $61,000 before recovering to around $64,000 a few hours later. According to Binance data, other digital assets also experienced declines, with #Ethereum (ETH) briefly dropping 12% to under $2,900 while other altcoins like #Solana (SOL) and #ChainLink (LINK) down 21%. The market declines were attributed to potential dollar liquidity drops before US tax payments due on April 15, as mentioned by former BitMEX CEO, Arthur Hayes. Additionally, the market was affected by Iran's drone and missile strikes against Israel, reportedly in retaliation for an airstrike on its consulate in Damascus, Syria. Catch all the news on our DefiDive news page. #crypto #market
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⚠️Attention, crypto traders! 🔈 Regulatory watchdogs are tightening the leash on major exchanges like Bybit, KuCoin, OKX, and Binance. The Central Bank of Nigeria🇳🇬 is cracking down on potential financial misconduct and keeping a keen 👀 on Tether (USDT) transactions. It's a pivotal moment for digital currencies! Stay vigilant, trade with caution⚠️, and keep abreast of the latest developments. Register now using the link below! ⬇️ 📲Mobile: https://lnkd.in/g5g9tNrr 🖥PC: https://lnkd.in/gWjCZGPr #CerramMeta #CryptoUpdate #RegulatoryWatch #SafeTrading #CryptoNews #BlockchainRegulation #Fintech #DecentralizedFinance #Compliance #CryptoCommunity #DigitalAssets #USDT #CryptocurrencyMarket
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Stablecoins play a crucial role in the crypto ecosystem by providing price stability and facilitating transactions. Here’s a quick overview on how they work and their benefits to the digital economy. #Phoenixgroup #UAE #Crypto #Stablecoins
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Nigeria’s #crypto community welcomes Europe’s MiCA stablecoin rules as a positive step.✅ Protecting local currencies is crucial, and ECOWAS could learn from this approach. #Stablecoins are pivotal in Africa's crypto #transactions🔄, offering significant benefits under clear regulatory frameworks.
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🎊 Great news for the #cryptocommunity in Bolivia! 🎈 🟢The ban on Bitcoin and crypto payments has been lifted ☁ and crypto transactions via bans have been authorized. The ban, which has been in place since 2014, was removed by the central bank in order to help Bolivia elevate its struggling economy. ➡ Now, crypto assets are tradeable via banks, but they aren't accepted as legal tender. It appears that more and more Latin American countries are turning to crypto as an alternative economic solution. ⏭ Follow us for more news like this! #sbcr #sadrisali #cryptocompliance #cryptoassets #cryptoregulation #cryptocurrencies #bolivia #mica #micalawyer #web3 #blockchainlawyer
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🌍 Russia’s Bold Move: Bitcoin in Foreign Trade 💱 In a groundbreaking shift, Russia has legalized Bitcoin for international payments, aiming to counter Western sanctions and reduce dependency on traditional financial systems. 💡 Key Points: 🪙 Bitcoin mined in Russia now used for foreign trade. ⚡ Crypto payments gain legal backing as sanctions bite. 🇷🇺 Putin champions Bitcoin as an alternative to the U.S. dollar. Finance Minister Anton Siluanov calls this “the future of trade,” as businesses embrace digital currencies to sustain robust global partnerships. This strategic pivot underscores Russia’s commitment to a decentralized financial ecosystem. Could this model reshape global commerce? https://lnkd.in/d9gwgUke #Bitcoin #CryptoStrategy #GlobalTrade #DecentralizedFinance
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Here is your Monday news recap! To begin, Over the weekend, heightened geopolitical tensions between Iran and Israel caused a brief downturn in global markets, impacting the Crypto sector. However, the Crypto market has since shown resilience, experiencing a notable recovery. In other news, German investors show rising appetite for cryptocurrencies. Lastly, Hong Kong has taken a significant step in its bid to become a leading Crypto hub by approving several spot Bitcoin and Ether exchange-traded funds (ETFs). #crypto #news #recap #update #wollito #foryou
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📬 Global News Roundup 🇰🇷 South Korea delays crypto tax until 2027 🇺🇦 Ukraine to legalize crypto by Q1 2025 🇯🇵 Coincheck to list on Nasdaq 🇨🇦 Vancouver to become Bitcoin-friendly 🇧🇹 Bhutan transfers 406 BTC to QCP Capital 🇮🇷 Iran greenlights crypto regulatory framework 🇺🇸 Trump: "We’re going to do something great with crypto." 🇦🇪 Tether’s USDT gets recognition in Abu Dhabi Global Market 🇸🇻 El Salvador to partner with 25+ nations on crypto, starting with Argentina 🇦🇺 AMP becomes the first major Australian super fund to invest $27M in Bitcoin
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The price of Bitcoin experienced a significant decline today, reaching a low of approximately $60,600 on the Binance exchange. This drop coincides with the recent escalation of conflict between Iran and Israel. While the precise cause of the price movement is unclear, some analysts believe it reflects investor uncertainty due to the heightened geopolitical tensions. #bitcoin #binanceexchange #iranisraelconflict #iranattacks #geopoliticaltension #globalpower #cohortmax
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Crypto Revolution: Iran🇮🇷 Crypto as a Sanction Workaround 🔒 International sanctions have restricted Iran’s access to global financial systems. In response, Iranians have turned to Bitcoin for cross-border payments and financial freedom. ⚡️ The government has even regulated crypto mining, turning it into an industry to support the economy. Crypto is not just a tool but a necessity for navigating economic restrictions. #CryptoIran #BitcoinMining #SanctionProof #BlockchainPower #CryptoRevolution
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Nigeria's crackdown on cryptocurrency exchanges, notably Binance, intensifies amid concerns over money laundering and currency devaluation, sparking debates over economic sabotage and regulatory balance. The government's move to restrict naira-based services triggers reactions from both local officials and international experts. Despite previous promises for a regulatory environment supportive of digital assets, regulatory uncertainty persists, affecting Nigeria's economic outlook. With millions relying on peer-to-peer transactions for crypto trading, The clampdown risks exacerbating economic challenges, including inflation and currency devaluation, according to analysts. #CryptocurrencyCrackdown #NigeriaEconomy #RegulatoryBalance #CryptoMarket #thesocialtalks
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