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Binance Largely Exits Nigeria

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Nigeria’s high voltage searchlight on Binance has forced the company to exit some of its core operations in the nation: “Binance will discontinue all Nigerian Naira (NGN) services as per the timeline below. Users are encouraged to withdraw NGN, trade their NGN assets or convert NGN into crypto prior to the discontinuation of these NGN services. From 2024-03-08 08:00 (UTC), any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT”.

While I support Nigeria on its rights to enforce its AML/KYC regulations, I also make it clear that Binance is not the reason our Naira is in trouble. Also, I hope Binance follows Nigeria’s AML/KYC laws. Of course, the executives should be treated based on the rule books, with no rights under local and international laws denied.

We need to focus on more important things which remain constant electricity, security of lives and properties, rule of law and the catalytic enablers which make economies work. If we continue to improve on those, Nigerian Naira will rise, Binance or no Binance.

Binance, one of the world’s largest cryptocurrency exchanges, has recently faced a series of regulatory challenges in Nigeria, Africa’s biggest crypto market. The exchange has been accused of contributing to the devaluation of the naira, Nigeria’s currency, by offering peer-to-peer (P2P) trading services that bypass the official exchange rate.

The Nigerian government has also restricted access to Binance’s website and arrested two of its executives in the country. We will explore the implication of Binance shutting P2P to crypto in Nigeria, and what it means for the future of crypto adoption in the country.

How to stop worrying about the next Bitcoin halving

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The next Bitcoin halving is a highly anticipated event in the crypto world, but it is also a source of anxiety for many investors. What will happen to the price, the mining difficulty, and the network security after the block reward is cut in half? Will it trigger a new bull market or a devastating crash?

I will explain why you should stop worrying so much about the next Bitcoin halving and focus on the long-term fundamentals of the cryptocurrency. I will also provide some tips on how to prepare for the event and take advantage of the opportunities it may create.

What is the Bitcoin halving and why does it matter?

The Bitcoin halving is a process that occurs every 210,000 blocks, or approximately every four years, in which the number of new bitcoins created per block is reduced by 50%. This means that the inflation rate of Bitcoin decreases over time, making it a scarce and deflationary asset.

The Bitcoin halving is important because it affects the supply and demand dynamics of the cryptocurrency. On one hand, it reduces the supply of new bitcoins entering the market, which puts upward pressure on the price. On the other hand, it reduces the revenue of miners, who are responsible for securing the network and validating transactions. This could lead to some miners exiting the market, which could lower the hash rate and make the network more vulnerable to attacks.

The Bitcoin halving also has a psychological impact on the market, as it generates a lot of hype and speculation among investors, traders, and media outlets. Some people expect the halving to be a catalyst for a massive price rally, while others fear that it will cause a market crash or a miner capitulation.

While the Bitcoin halving is undoubtedly an important event that affects the cryptocurrency ecosystem, it is not something that you should lose sleep over. Here are some reasons why you should stop worrying so much about the next Bitcoin halving:

The Bitcoin halving is predictable and transparent. Unlike fiat currencies, which are subject to unpredictable and arbitrary changes in monetary policy by central banks, Bitcoin has a fixed and transparent supply schedule that is encoded in its protocol. This means that everyone knows when and how much the block reward will decrease and can plan accordingly. There are no surprises or shocks in the Bitcoin halving.

The Bitcoin halving is already priced in. The efficient market hypothesis states that all available information is reflected in the current price of an asset. This means that the market has already taken into account the expected effects of the next Bitcoin halving on the supply and demand of Bitcoin and has adjusted its price accordingly. Therefore, there is no reason to expect a sudden or dramatic change in the price after the halving.

The Bitcoin halving has historically been positive for the price. While past performance is not indicative of future results, it is worth noting that the previous two Bitcoin helving’s in 2012 and 2016 were followed by significant price increases in the subsequent months and years. This suggests that the halving creates a favorable environment for long-term price appreciation, as it reduces inflation and increases scarcity.

The Bitcoin halving does not affect the fundamentals of Bitcoin. The halving does not change anything about the underlying technology, innovation, or value proposition of Bitcoin. It does not affect its decentralization, security, censorship-resistance, or immutability. It does not affect its utility as a store of value, a medium of exchange, or a unit of account.

It does not affect its adoption, development, or innovation. The halving only affects one variable: the supply of new bitcoins. And while this variable is important, it is not the only or the most important one that determines the success or failure of Bitcoin.

Top Cryptos This Month: Tron Surges, Cardano Grows, and Scorpion Casino Hits $6M in Presale

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Tron and Cardano are making impressive strides with their technological advancements and growing ecosystems. Tron, with its staggering 95 million addresses, and Cardano, known for its solid research foundation, both contribute significantly to the blockchain domain. However, amidst these giants, Scorpion Casino is capturing the spotlight and setting itself apart as the token to watch in the crypto gambling arena.

Amidst a fiercely competitive sector, Scorpion Casino, with its Curacao EGaming licensing, is setting a new standard for trust and reliability. The buzz around its daily earnings potential, up to $10,000 daily, is drawing investors and gamers alike.

Scorpion Casino’s Big Daily Earnings Attract Millions

Scorpion Casino is rapidly becoming the go-to for crypto gambling enthusiasts in 2024, thanks to its reliable regulation and licensing by the Curacao EGaming entity. It has recently eclipsed the $6M threshold and shows no signs of stopping. This assurance of interest and security is a significant draw in a sector where trust is paramount. The platform’s standout feature is its daily passive income potential, with SCORP token holders having the chance to earn up to $10,000 daily through a unique smart contract mechanism, even during its presale.

With a minimum investment of $1000, investors unlock access to the exclusive Scorpion Members Club, enjoying benefits like VIP services, cashback, enhanced staking rewards, and additional SCORP tokens.

Scorpion Casino aims to be the leading social gambling platform, offering a vast array of betting options, including thousands of monthly betting events, a wide selection of casino games, and live gaming experiences. Its commitment to transparency and accountability is underscored by partnerships with top industry platforms like BetRadar and CoinsPaid, ensuring a seamless and secure gambling experience.

Further bolstering investor confidence is Scorpion Casino’s active community engagement on platforms like Telegram, where users can stay updated and connected.

TRX’s Rally Unstoppable: Hits $0.14 Amidst Soaring DeFi TVL

Tron’s blockchain ecosystem is experiencing unprecedented growth, with over 95 million addresses now holding a balance, setting a new milestone that far exceeds the figures of other leading Layer 1 blockchains like Cardano and Avalanche.

Tron’s native token, TRX, is witnessing a remarkable uptrend, now trading at $0.14, marking a 40% increase year-to-date. The network’s DeFi ecosystem is flourishing, with its TVL reaching an all-time high of $10 billion, indicating a growing community of users, investors, and developers. This financial ascent is fueled by a significant uptick in network fees and revenue, reflecting the heightened demand for TRX and its associated services.

Cardano’s Challenge: Can It Catch Up with Tron?

Despite its robust technological foundation and a loyal community, Cardano’s network currently trails behind Tron in terms of total addresses, with just 5 million addresses. However, this disparity doesn’t overshadow Cardano’s potential for growth and innovation within the blockchain space.

As the industry evolves, Cardano’s commitment to research-driven development and scalable solutions positions it as a network with untapped potential. For investors and enthusiasts alike, Cardano represents an opportunity to be part of a platform focused on long-term sustainability. With the blockchain landscape constantly shifting, Cardano’s journey towards catching up with giants like Tron is a development worth watching.

Why SCORP?

Scorpion Casino distinguishes itself in the digital betting world with a compelling mix of offerings, collaborative efforts, and innovative approaches. Its ability to provide significant daily passive earnings, alongside the strategic implementation of deflationary token mechanisms, underlines its attractiveness to those looking to invest in the burgeoning field of online gambling. As Scorpion Casino pushes forward with its goal to establish a leading community-driven gambling platform, excitement around what lies ahead for the SCORP token is mounting.

More information on SCORP:

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

N-PIK Next-Gen Legal Online Betting & Casino Platform

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N-PIK Casino,is an online betting service employing blockchain technology, allowing users worldwide to legally indulge in cryptocurrency gambling. Striving to become the top platform, it emphasizes transparency, security, fairness, and high profitability, differentiating itself from other blockchain online casinos.

Operated through the Hybrid Decentralization model known as [S2k L2], it verifies users’ actual assets on the blockchain daily, offering freedom from vulnerabilities associated with centralized platforms in terms of asset verification. Given the concerns raised by centralized blockchain exchanges in the market, preparing for such crises is crucial in the blockchain online casino market. This patented technology is at the forefront of ushering in a new era for blockchain online casinos. Additionally, it provides an innovative wallet recovery service, enhancing overall stability. Through this feature, users can transfer assets directly in case of platform service instability due to natural disasters, server issues, or other uncertainties.

N-PIK offers not only original games but also games from renowned providers such as Evolution, Pragmatic, Red Tiger, and more. It employs a proven fair system ensuring random and fair game results. Regulated by the Lotteries and Gaming Regulatory Board Uganda (LGRB), it manages games fairly and transparently under government supervision. Focusing on high-quality games and trust-building, N-PIK Casino has created an environment to secure a significant market share in the lucrative online gambling industry.

Unlike Rollbit, which launched without an ICO, N-PIK Casino introduced PIK Token (PIK) through pre-sales. Staking PIK tokens on N-PIK can yield dividends up to 30% from casino profits. ICO participants receive the airdropped token PLYP, serving as a currency on the N-PIK Casino platform. Users can strategize using the BANK Swap feature to quickly recover initial ICO investments. With a minimal circulating supply and staking dividend policies, PIK Token ensures substantial profits for early adopters.

Having already raised over $500,000 through pre-sales, with an ongoing ICO, N-PIK Casino has garnered recognition for its competitive services and ecosystem, securing a confirmed listing on LBANK on April 22.

The listing price is $0.1, and ICO participation is currently available on pik-swap.com for $0.05. The upcoming listing on global exchanges following LBANK has users excited, and given the significant funding raised, an early closing of the ICO is possible.

N-PIK currently conducts a pre-participation event, providing a generous 1500 USDTp upon signup for free gameplay. Participating in the event allows users to receive airdrops of PIK tokens, PLYP, and GHOST PICK. With various ranking rewards and events totaling up to $100,000, the ongoing event is captivating. A robust referral reward system is also in place.

In the fiercely competitive blockchain online casino market, Rollbit remains the leader. However, armed with various competitive advantages, N-PIK Casino is poised to emerge as a new and powerful player. The upcoming third bull market will reveal who the true winner is.

Website: https://n-pik.com/

ICO: https://pik-swap.com/

Whitepaper: https://whitepaper.n-pik.com/

Telegram: https://t.me/NPIK_Official

Twitter: https://twitter.com/NPIK_official

YouTube: https://www.youtube.com/@Soniccryptogaminguganda

Crypto Investors Choose Passive Income Giants Scorpion Casino, Can Jupiter & Kelexo Handle the Pace?

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The concept of passive income in crypto first gained traction in 2016 with the introduction of staking. This process allows investors to lock up their crypto holdings to support the operations of a blockchain network in return for periodic rewards.

Since then, the passive income landscape has expanded to encompass various avenues, including lending, liquidity provision, and yield farming. These strategies offer investors the potential to generate income from their crypto holdings without actively trading them.

This analysis will discuss Scorpion Casino (SCORP) and its passive income and high ROI capacity,  as well as Jupiter (JUP) and Kelexo (KLX), two projects that have garnered significant attention within the crypto space. We will compare their functionalities, passive income potential, and overall investment propositions to help readers make informed decisions beyond the hype.

SCORP Has Passive Income Scope

Fueled by growing anticipation, the Scorpion Casino presale has garnered impressive momentum within the crypto community. With over $5.9 million already raised from more than 12,500 participants, the project is on track to potentially reach $6 million soon, further amplifying the excitement surrounding its upcoming launch.

This presale surge presents a compelling opportunity for investors seeking to capitalise on Scorpion Casino’s potential. By participating in the presale, investors can acquire SCORP tokens at a significant discount compared to their anticipated price on cryptocurrency exchanges. This early bird pricing allows individuals to acquire more tokens for their investment, potentially maximising their future returns.

Furthermore, presale participants receive bonus Scorpion Casino credits equal to 40% of their purchase amount. These credits can be used for gameplay once the platform launches, offering an additional incentive for early investors.

Jupiter Running Rings Around Competition

Jupiter, launched in 2021, caters to DeFi (Decentralised Finance) enthusiasts on the Solana network. It functions as a DEX aggregator, aiming to help users discover the “best price” for their cryptocurrency swaps across various Decentralised Exchanges (DEXs).

Jupiter offers features like limit orders and dollar-cost averaging (DCA) to enhance accessibility and user experience. While Jupiter does not provide direct passive income options, it facilitates exploring various DeFi protocols that may offer staking, lending, or liquidity provision opportunities.

Kelexo Has It’s Platforms On

Kelexo’s focus on speed, security, and scalability positions it to address common pain points in the cryptocurrency space, such as slow transactions and security concerns. This tech-driven approach has the potential to push the boundaries of what’s possible and offer users a more reliable and efficient experience.

The ongoing Kelexo presale is a testament to its growth potential, garnering significant interest from investors. Kelexo’s innovative approach to lending, combined with the current enthusiasm for DeFi, likely contributes to this positive sentiment.

The crypto space presents diverse options for investors seeking passive income. While projects like Jupiter and Kelexo showcase potential in their respective niches, Scorpion Casino stands out with its established platform, sustainable revenue model, and transparent tokenomics.

Scorpion Casino offers investors a tangible investment in a functional business with predictable revenue streams and a clear path towards generating passive income. This combination of utility, transparent rewards, and a focus on long-term sustainability positions Scorpion Casino as a compelling option for crypto investors seeking reliable passive income opportunities.

 Interested in learning more about the next big crypto sensation? Check out the links below.

 

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official