Day: July 21, 2024

Nigeria’s Self-Proclaimed Crypto Billionaire Released From Police Custody

The recently detained Nigerian self-proclaimed cryptocurrency billionaire, Linus Williams, has been released on bail. According to a controversial Instagram celebrity, Verydarkman, the crypto billionaire begged for release but is expected to answer for his alleged crimes soon. Self-Proclaimed Billionaire Begged to Be Released Nigeria’s self-proclaimed cryptocurrency billionaire, Linus Williams, recently arrested on charges of fraud […] Source CryptoX Portal

Here Are 5 Reasons To Be Bullish On Bitcoin, Analyst Says

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Market analyst and Bitcoin (BTC) maxi Fred Kreuger has revealed five top reasons investors should purchase the premier cryptocurrency. In a video post on X on Saturday, Kreuger described Bitcoin as a favorable short-term and mid-term investment, backing the asset to remain profitable over the next 12 months.  The price of Bitcoin has recently returned above $67,000 following a 0.58% increase in the last day. This slight gain allows the crypto market leader to maintain its positive performance over the last week. Investing In BTC Now Is A Massive Buy,…

AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran

According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI can potentially “make virtual environments interactive and personal.” AI Hype Cycle Expected […] Source CryptoX Portal

Analyst Reveals Condition For Bitcoin To Reach $71,000 – Details

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According to data from CoinMarketCap, the price of Bitcoin returned above $67,000  with a 1.19% gain in the last 24 hours. Bitcoin appears to have found some stability in this region amidst multiple projections of further price gain. Interestingly, popular crypto analyst with X handle Rekt Capital has unveiled a particular scenario in which Bitcoin might actually build on its current positive performance. Bitcoin Enters New Range-Bound Market – Rekt Capital In an X post on July 20,  Rekt Capital shared that Bitcoin closed its daily candle of the previous…

Nigeria Acts to Defend Naira After Currency Hits New Record Low

The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank disclosed that it […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern

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Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.” Brandt’s recent analysis also indicates a potentially significant long-term upside for bitcoin, contrasting with gold advocate Peter Schiff’s bearish stance on the cryptocurrency. Peter Brandt Highlights Key Bitcoin Patterns and Bullish BTC/Gold Ratio Outlook Veteran trader Peter Brandt, […] Original