Despite Silvergate bringing chaos to the crypto market, digital assets are here to stay. Legal experts in the UAE support the Virtual Asset Regulatory Authority with the goal of giving structure to the UAE’s crypto market. This is good news for Dogetti (DETI), XRP (XRP), and UNUS SED LEO (LEO).

UAE Legal Experts Issue Analysis Report on Crypto Regulations

Lawyers in the UAE issued a report titled “Virtual Assets Regulatory Framework: An Evolving Landscape” where the MENA region was called the fastest-growing crypto market in the world.

In 2022, Chainanalysis’ report showed that MENA users received $566 billion in cryptocurrency from July 2021 to June 2022, which was a 48% increase compared to the $272 billion crypto value users acquired from the previous year.

In the previous years, a lot of positive regulatory developments for digital assets expanded, causing the UAE to firmly establish its stance of friendly jurisdiction on virtual assets.

Dogetti Presale Roars; Stage 2 Has Begun!

Dogetti is a dog-themed token that has made a name for itself in the crypto space. Although relatively new to the market, the token has been showing signs of success, especially in its presale.

The coin’s Presale Stage 1 has finally ended, ushering in the next phase. Currently, the project has sold 7 billion DETI tokens and has raised over $500,000.

Its mascot named Don Eloni—a dog donning a mafia suit and smoking cigars—is inviting investors to join the Dogetti family early in the game. Don Eloni plans to make a revolutionary meme coin that would climb the crypto ladder.

One of the biggest factors that contribute to its success is its tight-knit family that backs the project. The token will be fully owned and controlled by the community, with the goal of making every single family member generate wealth in the DeFi (decentralized finance) ecosystem while creating a sense of belonging in the community.

XRP Price Jumps Up, Leaves Other Altcoins in the Dust

While all the other altcoins dip, XRP’s price jumps up by 6.01 in the first week of March, decoupling itself from the effect of Bitcoin’s (BTC) price on the crypto market. It is clear that the digital asset is recovering over the past week.

Many XRP holders and supporters seem to be on a buying rampage at the beginning of the month, which might be caused by the lawsuit against Ripple Labs Inc.

The buying interest in XRP might also have increased due to its growing utility as a payment token in various jurisdictions. Ripple has been partnering with various companies and payment start-ups worldwide, which has made a positive impact on the token long-term.

UNUS SED LEO Climbs Up While Other Coins Go Down

Another coin that’s garnering the attention of crypto traders is UNUS SED LEO. On March 9th, the token’s price increased by 1.42% in the past seven days.

Despite the market’s downtrend, LEO’s price is still 317.77% higher than its three-year ATL (all-time low) of $0.799859 on December 24, 2019. However, the coin is 58.93% lower than its ATH (all-time high) of $8.14 on February 8, 2022.

According to CoinGecko’s collected data, there was a rise of 107.50% in LEO’s trading volume, which is one reason for the price increase. Moreover, it also showed a 1.85% increase in its market volume due to an increase in investor activities. It might imply that a lot of LEO holders feel good about the digital asset and are bullishly buying assets.

Better days are coming; the crypto industry can make its comeback, especially with the UAE embracing crypto rules. If you want to take a break from market volatility and invest long-term instead, you might want to check out Dogetti. Visit them on their website or visit them on social media.

Dogetti (DETI):

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

The crypto market has faced a lot of challenges this year, not to mention the issues surrounding Silvergate and its bankruptcy as well as the U.S. Government cracking down on crypto rules and regulations. Nevertheless, crypto investments will continue to strive as Toncoin (TON), Monero (XMR), and Big Eyes Coin (BIG) seem to be great long-term investments. Read on to find out why you should invest in these three crypto coins.

Toncoin Sees Slight Positive Movement

Many crypto enthusiasts have observed token prices declining since last week. This downtrend might be due to the bears controlling the crypto market, which is inevitable as bearish sentiments and fear increase among coin investors.

However, Toncoin’s price slightly increased after declining for days. The token had significant rallies when February started but was also quick to lose cents due to the bearish sentiments throughout the market.

According to TradingView’s data, TON’s price experienced a 7.83% decline on March 7th, flagging a sell signal. But on March 9th, the price slightly gained by 1.44% within 24 hours. Although improvements seem small, the price’s monthly gain is remarkable. Toncoin’s gain stayed above $2.20 since the first week of February.

Monero Profits Neutral in the Long Term

According to InvestorsObserver’s data, Monero has a strong long-term technical score of 69. The fintech company studied the coin’s historical trading patterns and weighed its price movement from recent months up to a year, along with its support and resistance levels. The goal was to find out if it’s a great investment for those who want to buy and hold coins.

Monero currently has a stronger long-term technical analysis score than 69% of other coins circulating the market. This ranking metric helps buy-and-hold type investors who want steady growth when distributing their assets. XMR’s score helps coin enthusiasts see if they have the chance to “buy the dip”.

XMR’s technical analysis over the past year shows that traders are neutral on the coin in the long term. However, prices may increase again if the market gains positive movements again.

Big Eyes Coin: the Best Investment for Long-Term Traders

Crypto trading is not usually meant for short-term investments. It takes a lot of time and research before one can see significant results. Big Eyes Coin is a token exactly like that!

The coin just hit its goal of raising $31 million, almost ending its Presale Stage 12 successfully. Investors who bought $1000 of BIG in Stage 1 would have received 10 million BIG tokens. However, if they buy at a later stage, say Stage 12, they will only receive 2 million BIG coins. Therefore, coin traders can maximize their profits if they invest early on in the game.

Big Eyes Coin’s presale is nearing the end. In Stage 1, BIG was worth $0.0001 but in Stage 12, the coin was worth $0.00049—a 390% increase! As the presale approaches its end, buyers will get fewer tokens than if they have bought much earlier.

If you are looking for a more fun way of investing in coins, holding on to them, and waiting for the perfect time to sell them, you might want to consider buying Big Eyes Coin! This is also a great way to take a break from market volatility, especially with the issues surrounding Silvergate. Visit Big Eyes Coin on their official website or follow them on social media:

Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

I watched the 95th Oscar awards hosted by Jimmy Kimmel tonight and I can not help but wish and imagine when Nigerian-made movies will be getting nominated for the Oscars and bagging the awards. 

Just like the way our music and sounds (the afrobeat) are winning on the International stage, our movies need to start getting International recognition too. Nollywood movies need to start winning International awards to attract International recognition in the industry just as the world’s beam light is in our music industry. When you attract International recognition, you will as well attract International big money spenders into the industry and that will be a game changer. 

If you watch all the movies that won awards in tonight’s Oscar award event and then compare them to our Nollywood movies you will know that our movies are still very far behind with their production qualities, casting, script writing, editing etc. 

We are not there yet but we hope to get there in the near future and the fastest way for us to get there is for our moviemakers to start spending big money on their movies. Most Hollywood movies gulp millions of dollars as their production costs and that is why the movies do come out in an excellent state, unlike our Nigerian movies where a meager sum is spent to create a movie. It is garbage in and garbage out kind of situation; If you spend money on your movie, the movie will come out spectacularly and it will gross you big money at the box office but if you are frugal with your movie budgets which Nollywood movie makers are fond of, the movies will come out in a haphazard state. 

You need to spend money on your casting/characters; pay your characters well especially the lead characters to motivate them to put up their best performances, you need to spend money on the script writing and the writer(s), you spend money on digital equipment for recording and production, you spend money on editing equipment for post-production, you spend money on sounds, costumes, designs, marketing etc. Most Nollywood movies never had the budget for all these things I just listed but Hollywood does have a budget for the minutest thing that took place inside a movie and those minor things are what add up to make a classic movie. 

Do not even give me the excuse that Nollywood does not have the money to spend on movies like their western counterpart; I know just like I know my name that there are banks (both investment and commercial banks), individual investors, NGOs etc out there who are ready to fund movie projects. Some Nollywood producers have explored this form of funding. If you make great movies or write good scripts investors will approach you to fund and be part of the project. 

Truth be told that some recent Nigerian movies have been stepping up in their games but it’s all baby steps. We need to invest more in the scripts, work with good directors and pay much attention to the production quality. For instance, most often you would see a Nollywood movie in which the voices of the character (if it is pre-recorded) are not properly synchronized into the acting; how can you win an award for such a movie with low production quality? 

Just like I said, we are currently taking baby steps and moving towards the right direction with our recent movies; movies like Shanty Town (with a spectacular performance from Chidi Mokeme, the lead character), Linda Ikeji’s Dark October, Glamour Girls, Bling Lagosians etc are all high-quality movies in terms of production and good directing but we are not there yet but if we continue like this and spend more money in our movies then there is a possibility that Nigeria movies will win Oscar awards soon.

Once incorporated, a company unlike other business entities is deemed legally to have a life of its own, having what is called a “juristic personality”, meaning that a company is legally separate from its owners and management and it is also liable for actions carried out in its name by its management.

This article will be looking at the principle of lifting the veil of incorporation which means the process of legally setting aside the barrier of juristic personality and extending the reach of a company’s liability to its management. 

The focus of this article will be on the topics of :-

– The legal definition of the principle of lifting the veil.

– Grounds for lifting the veil of incorporation.

– The limits of corporate juristic personality regarding lifting the veil of incorporation.

What exactly is the principle of lifting the veil of incorporation?

Lifting the veil of incorporation or “lifting the veil” means the setting aside of the principle that a  company is a distinct and separate entity from its management and ownership for the purpose of extending civil or criminal liability to its management and/or ownership. 

What are the grounds for lifting the veil of incorporation in Nigeria?

The grounds for lifting the veil of incorporation in Nigeria are :-

– A reduction in the number of directors of a company as prescribed by the Companies and Allied Matters Act 2020.

– A failure to comply with established business ethics under the Companies and Allied Matters Act 2020 .

– Using a company’s juristic personality as a cover for asset stripping aimed at frustrating the company’s creditors.

– A failure to declare shareholdings as a shareholder of a company.

– In situations of liability of a company’s directors advancing a personal guarantee for loans taken by the company.

– Situations of personal liability for failure to make refunds to the company. 

– A misappropriation or misapplication of funds or properties belonging to a company.

What are the limits of a company’s juristic personality in practice?

The concept of juristic personality for companies as explained in the case of Salomon v Salomon, confers the characteristics of perpetual succession and legal personality (having the ability to sue and be sued) different from those of its owners and management.

This legal separation becomes dissolved where the directors act in a manner that renders them responsible for  actions taken on behalf of a company or actions taken outside the scope of powers granted to them  in the company’s articles, a very good example of this being tripartite contractual documentations signed by the directors and backed by a written resolution. 

TMS Network (TMSN), a new DeFi-focused protocol, has taken the crypto world by storm, dominating presales. TMS Network (TMSN) has gained significant investor support for its novel trading approach. Think about trading all derivatives—stocks, CFDs, cryptocurrencies, and forex—in a safe, efficient, and transparent environment. All of this without the need to open a trading account. TMS Network (TMSN) makes this possible in DeFi.

While TMS Network (TMSN) is gaining ground, Solana (SOL) and Algorand (ALGO) maxis appear to be jumping ship. As a result, the prices of Solana (SOL) and Algorand (ALGO) have taken a dip.

Solana Price Prediction as SOL Slips Below $20

Solana (SOL) has lost 16.62% of its value in the last week, falling from well above $23.50. Solana (SOL) broke through the $20.50 support level to form a low near $20.21. Solana (SOL) then breached the secondary support levels of $19.80 and $19.20 as bear market dominance grew. Solana (SOL) is currently trading around $18.14.

If Solana (SOL) continues to fall, the first major support level will be around $ 17.83. If it fell further, Solana (SOL) would retest a much stronger support level at $ 15.80. If bulls save the coin and drive its price up, Solana (SOL) will face resistance at key price levels of $ 19.85, $ 20.50, and 21.87.

Algorand (ALGO) Fall Is Nearing a Key Support Level At $0.19

Algorand (ALGO) has continued to dominate the bearish sentiment as the ALGO bulls lose steam. Algorand (ALGO) has been declining since February 21. Algorand (ALGO) is currently trading at $0.21, down 2.08% in the last 24 hours. If Algorand (ALGO) falls further, the next closest support is at $0.19. Whatever happens at this level will determine Algorand’s price.

If bears maintain control, Algorand (ALGO) may aim for the $ 0.18 support level as its next target. This would mean more losses for Algorand (ALGO). However, if bulls gain momentum and push Algorand’s price higher, the coin will face resistance at $0.21 and $0.22. A break above the $0.22 resistance level would indicate that Algorand (ALGO) has made a comeback, paving the way for further gains.

TMS Network (TMSN) Presale Successfully Completes the First Presale Round

TMS Network (TMSN) Network has continued to outperform the market in growth and overall presale performance. TMS Network (TMSN) is currently in the second phase of its presale campaign, following a successful first phase. The first phase sold out in less than two weeks, raising more than $500,000. The $TMSN token increased in value during the second phase and is now trading at a dynamic presale price of $0.032. This means that the price rises as more investors buy into the protocol.

TMS Network (TMSN) is the first decentralized platform that seeks to address the most pressing issues plaguing the current trading scene. These include a lack of price uniformity, high trading fees, price manipulation, wash trading, transaction delays, insufficient trading experience, and a lack of trading education among traders.

TMS Network does not require traders to go through the time-consuming process of opening a trading account (TMSN). They just need to link their wallet and trade in major cryptocurrency exchanges while withdrawing to their wallet. TMS Network (TMSN) also provides an MT4 and MT5 compatibility bridge, allowing users to connect to their trading bots and expert advisors. Beginner traders benefit from trading lessons as well as a plethora of tools to assist them in their trading journey.

TMS Network (TMSN) is an all-in-one trading platform, undeniably the next big thing in DeFi and the broader crypto ecosystem. You can invest in TMS Network (TMSN) today with as little as $200. Simply register for the ongoing presale

For more information on TMS Network (TMSN), please see the links below:

Presale: https://presale.tmsnetwork.io

Whitepaper: https://tmsnetwork.io/whitepaper.pdf

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6

Twitter: https://twitter.com/tmsnetworkio