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XRP struggles at the $0.60 level, Bitcoin retreats after failing to break $60,000, and Toncoin faces challenges despite increased trading volume. Discover the full analysis and market outlook!       Read more to get the full details on market movements and upcoming trading strategies:

During the Financial Times Crypto and Digital Assets Summit held last week our CEO, Ola Atose, took the stage as one of the panelist’s and addressed a stand out question on the regulation of FX rate disparities in Nigeria, and how the government's crypto framework hopes to help stabilize the value of the Naira. Let’s hear your thoughts on Ola’s response to the question! 👇

Join us today at 6pm on Twitter Spaces for a crucial discussion on regulating forex in Nigeria: balancing economic stability, currency volatility, and crypto control. Let's dive deep into the issues shaping Nigeria's financial landscape. Don't miss out! Click the link to join https://lnkd.in/dzxE4jHV #Nairametrics #ForexRegulation #NigeriaEconomy #Dollar #Finance #Twitterspaces

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New - https://lnkd.in/gg6pzNMZ Crypto markets are experiencing a sharp rise in altcoin prices fueled by expectations of a pro-crypto administration from Trump's presidency. Read More: Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New

Binance Introduces Spot Copy Trading to Enhance Offerings

EU crypto traders urged to convert non-compliant stablecoins to regulated ones as MiCA framework takes effect EU crypto traders urged to convert non-compliant stablecoins to regulated ones as MiCA framework takes effect https://ift.tt/i6h9xSm

NIGERIA TO LIFT BAN ON CRYPTO AND ENHANCE REGULATORY OVERSIGHT: THE SECURITIES AND EXCHANGE COMMISSION (SEC) MANDATES CRYPTO FIRMS TO ESTABLISH LOCAL OFFICE By Kingsley Ugochukwu Ekwuruke ISMN CNBP SMN In a move to enhance regulatory oversight and investor protection, the Nigerian Securities and Exchange Commission (SEC) has introduced a new framework requiring all Virtual Assets Service Providers (VASPs), including crypto firms, to establish a physical office in Nigeria. https://lnkd.in/dxiqRqkA

Philippines SEC accuses eToro of offering unregistered securities Following a blockade of Binance in the country, the Philippines’ securities regulator is now targeting the online trading platform eToro. Read More: https://lnkd.in/e8fiUfcX #virtualcoincap #bitcoin #cryptocurrency #blockchain #ethereum #ripple #money #trading #bitcoinmining #cryptocurrencies #bitcoinnews #cryptotrading #bitcoins #investment #investing #entrepreneur #cryptonews #invest #business #eth #bitcointrading #litecoin #trader #bitcoinprice #investor

Evaluating the large decline over the weekend, driven by unfavourable macroeconomic news involving the JPY-USD carry trade, geopolitical tensions stirred up in the Middle East, and the news regarding large players in the industry liquidating funds, we observe a significant liquidation cascade, which drove #Bitcoin to a low of approximately $48,200. Following this extreme sell-off, we analysed the net impact on aggregate open interest amongst the top exchanges. As of this morning, we observed the largest decline in daily open interest since 17th August 2023, with aggregate open interest (OI) declining by roughly -17.35%, from approximately $85bn to $70.2bn within 24hrs. Notably, Binance, Bybit and Bitget were amongst the most impacted exchanges, seeing their OI drop by -19.18%, -20.49% and -21.58% respectively. In particular, this event highlights once again the significant open interest build up we saw, and the similar behaviour of derivatives traders across three of the top exchanges.

Jumasi markets helps new traders learn about the forex and crypto markets without falling asleep. We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. We're also a community of traders that support each other on our daily trading journey. https://lnkd.in/gVzxFu_b #trading #forex #financialmarkets #jumasimarkets