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Analysis by CryptoQuant Reveals 2023 as the Best Time to Acquire Bitcoin

By
Ojukwu Emmanuel
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0

A recent analysis by cryptoQuant, a crypto data provider that offers comprehensive insights and data for crypto trading, has revealed that 2023 is the best time to accumulate Bitcoin.

Author at CryptoQuant Dan Lim made this assertions in his latest Bitcoin analysis, citing the BTC market value to realized value (MVRV) ratio.

The MVRV ratio is a prominent indicator that assists traders in determining whether an asset is overvalued or undervalued at its current position. The indicator also helps to identify the dominant trend in selling pressure on investors.

Dan revealed that the MRV ratio rose above the decisive 1.0 mark on the 19th of last month. He noted that the indicator currently has a value of 1.112 which is still above the undervalued territory, according to historical trends.

Dan further revealed that the BTC market has never witnessed a subsequent fall below the 1.0 mark immediately after breaking above it. Nonetheless, he acknowledged bitcoin’s recent correlation with traditional finance, and the potential impact of the macro headwinds, encouraging investors to employ a long-term split-buy technique to hedge against any unforeseen event.

He added that when the bull market eventually comes, the crypto community will retrospectively look back at 2022 and 2023 as the period that presented the most attractive Bitcoin buy zones.

Despite Bitcoin poor performance in the previous year, analysts predict that in 2023, the crypto asset will still experience value growth. Some indicators suggest that with Bitcoin trading low at this period, now is the ideal time to use the bear market to acquire the crypto asset.

Bitcoin has no doubt started to recover from the months-long losses which saw it trading as low as $16,000, as the crypto asset price started the new year on a positive note with a surge in price, currently trading at $22,721.

It is interesting to note that multiple analysts have predicted that Bitcoin’s next halving event, scheduled for 2024, would dramatically ‘push’ the price of the digital asset, including Bloomberg’s senior commodity expert Mike McGlone who believes Bitcoin could hit $100,000 at around that time.

Also, in a recent publication on Tekedia, serial investor and author of “rich dad poor dad” Robert Kiyosaki projected that Bitcoin would trade at $500,000 by 2025, which he disclosed will occur, following the printing of billions of fake money by the fed.

Kiyosaki noted that the U.S. Federal Reserve’s wrong monetary policy of forcing the regulator to print billions of fake money will lead to a surge in the price of several crypto assets due to a loss of faith in the U.S. dollar, which will see gold, silver, and Bitcoin emerge as the alternatives.

In the meantime, Bitcoin has lately been demonstrating signs of renewed hope as its price continues to surge. The crypto asset  is reacting to every move of the Fed meeting which is happening in the U.S. amid cooling inflation. However, Bitcoin pro investors are eagerly waiting for more gains and looking for it to stabilize beyond $23,000 levels.

Nigeria’s Greatest Banks of the FUTURE

By
Ndubuisi Ekekwe
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1

The greatest banks of the future will be technology companies which offer banking services. Indeed, irrespective of your sector, you must acquire and develop the capabilities to use technology to TRANSFORM, and not just RUN your business. When your information technology (IT) becomes a department, you are using IT to RUN that business. But when your business becomes a technology enterprise, you are natively transforming that business, souping with the elements to become a category-king.

Nigeria’s largest financial institution is a tech company which offers financial services. Most traditional financial instructions in the nation (like some banks) are merely using IT to run their operations and remain un-transformed.

Accordingly, in the ocean of customer data, they remain thirsty, asking for more data even though they have everything. Yes,  like Samuel Taylor Coleridge’s “The Rime of the Ancient Mariner”  where those lines were dropped:  “Water, water everywhere, / Nor any drop to drink”. They have data but they cannot make sense of it because their IT runs, not transforms.

There are fundamental constructs which define companies that run and then TRANSFORM their sectors. The reality is that succeeding as a business requires reinvention as customers’ needs evolve with time. Companies that transform are good at staying ahead of customer needs expectations and perceptions: no matter what comes, they tend to be ready. #transform, do not just #run.

Nigeria’s Supreme Court Adjourns Suit Seeking to End CBN’s Naira Redesign Policy to Feb 22

By
Samuel Nwite
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0

The Supreme Court has on Wednesday adjourned the lawsuit filed against the federal government over the naira redesign policy introduced by the Central Bank of Nigeria (CBN) late last month, to February 22.

The policy aims to replace N200, N500 and N1,000 notes with the redesigned notes in short period of about eight weeks.

Three states; Kogi, Kaduna and Zamfara had last week dragged the federal government to the apex court, asking it to compel the CBN to rescind the policy, which it had set February 10 deadline for its full implementation.

As of Wednesday, the number of states seeking to join the suit against the federal government over the policy has risen to seven, namely; Lagos, Katsina, Cross-River, Ogun, Ekiti, Ondo, and Sokoto. The court granted the joinder, bringing the number of states in the case so far to 10. The court directed that the processes should be amended to reflect the new parties to the suit.

The Supreme Court had last Wednesday, restrained the CBN from implementing the February 10 deadline until Wednesday (today), when it will deliberate on the matter.

But during the hearing, the apex court did not clearly state if the restraining order stays. Abdulhakeem Mustapha, lawyer to the three states, had prayed the court to issue a fresh order, mandating the federal government to implement a deadline on the old notes. But the presiding judge, Justice John Okoro, said the ex parte order of the court delivered on February 8 still subsists till the hearing of the motion filed by the plaintiffs, which was adjourned to February 22.

However, it is not clear if the CBN will obey the order. The federal government had in its response to the lawsuit, challenged the jurisdiction of the Supreme Court to entertain the case. The Attorney General of the Federation Abubakar Malami argued that the Supreme Court lacks the jurisdiction to handle the case because the plaintiffs failed to include the CBN as a party to the suit.

The CBN had ignored the February 8 order, a move that has garnered both support and criticism. The support comes from mainly economic experts who believe that the apex bank should be allowed to function as an independent institution. They warned that allowing its policies to be determined by the courts will spook investors, which will significantly undermine Nigeria’s economy.

The CBN yesterday announced that the old naira notes have ceased to be a legal tender. The CBN governor Godwin Emefiele said there is no need to consider any shift from the deadline of February 10.

Emefiele accused politicians of conniving with banks to mop up the redesigned naira notes for political use, compounding the scarcity.

“The CBN has also noticed that some politicians are buying the new notes and storing them for political purposes,” he said on Tuesday while briefing the diplomatic community on the monetary policy decisions of the CBN in Abuja.

Meanwhile, Nigerians are still reeling on the mercy of poor circulation of the new naira notes. There are reports of protests in many cities across the country due to peoples’ inability to access cash, which has significantly impacted economic activities.

8 Strategies to Increase Your Likes on Instagram

By
TI Partners
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0

Are you looking for ways to increase your likes on Instagram? With more than one billion users, it can be hard to get noticed. But don’t worry – we have the perfect strategies for you! Whether you’re a business owner, influencer, or just starting out, these eight tactics will help you boost your likes on the platform. Keep reading to learn what they are!

Use the Right Hashtags

Hashtags are a great way to make sure that your posts reach your target audience. Do some research and find out which hashtags are being used by people who might be interested in your content. Make sure that you use relevant hashtags with each post so that it gets seen by the right people. You should also make sure that these hashtags aren’t too generic – try to use hashtags that are specific and relevant to your niche.

You can increase your Instagram recognition and post likes.

Tag Relevant Users

Tagging other users is a great way to draw attention to your posts and increase engagement. If someone else’s account has something relevant to your post, tag them in it so that their followers see it too. This could get you more likes from their followers who may be interested in the same topic as yours! Just remember not to overdo it – only tag accounts when there’s something relevant involved.

Write Compelling Captions

Your captions can also help increase engagement and get more likes on your posts. Make sure that they’re interesting enough for people to actually read them and engage with them. Try using storytelling or humor in your captions – this will make them more enjoyable and engaging for readers. And don’t forget to include a call to action at the end of each caption! This will encourage people to take action (such as liking or commenting) instead of just scrolling past it.

Post Good Photos

The most important part of getting more likes on Instagram is having high-quality photos! People usually won’t take the time to like something if it doesn’t look good. So make sure that all of your photos have good lighting, composition, and color palette before posting them online. You’ll be surprised at how much of an impact this can have on engagement levels!

Post User-Generated Content  

User-generated content (UGC) is content created by other people who use or promote a brand’s products or services without any compensation from said brand (i.e., unpaid). UGC is a great way to show off how popular and successful your product/service is while giving recognition and appreciation back to those who helped spread the word about you! It also encourages others who may not have heard about you before but now see how much others love what they do, which increases engagement levels as well as trustworthiness among potential customers/clients!

Make A Reel  

A reel is similar to an Instagram story but with longer video clips up to 10 minutes long instead of just 15 seconds as stories do. Reels can be used for anything from tutorials, product reviews, fun videos showcasing behind-the-scenes footage from events or trips, etc., making them very versatile tools for businesses/brands/influencers alike who want an additional way of engaging with their audiences beyond text & images alone – plus studies show Reels tend to get 3x more views than regular posts do!

Run A Like To Win Contest

Everyone loves free things – why not run a “like & comment” contest where participants must like & comment on one of your posts in order for their name/entry into a drawing where they could win something related to what you’re posting about? This helps generate both awareness & interest around whatever product/service/brand is being promoted while also encouraging higher levels of engagement among those who enter – two birds with one stone! Plus contests are fun & exciting so even if someone doesn’t win they still had fun participating & showing support nonetheless :)

Buy Instagram Likes

You can increase your Instagram likes in an inorganic way also. All you have to do is buy Instagram likes from the top trusted websites from which most people get this service. The most common websites are twicsy, thunderclap, buzzoid, etc.

Conclusion:

Increasing likes on Instagram isn’t always easy – but with these 8 strategies outlined above, hopefully, you’re feeling better equipped now than ever before when tackling this task head-on! Whether it’s using powerful hashtags wisely; tagging relevant users; writing compelling captions; making reels; running like-to-win contests; posting good photos; incorporating user-generated content; or simply showing behind-the-scenes content – these tips should help provide some guidance towards reaching greater success within social media marketing endeavors overall no matter what industry one belongs in :) Have fun experimenting & best of luck out there!!

The significance of Instagram followers extends far beyond what meets the eye. When users stumble upon an account, one of the first factors they consider before deciding to hit that follow button is the number of followers already present. 

Even if you possess expertise in your niche, without a substantial follower count to validate your authority, it becomes challenging to garner attention. Instagram thrives on numbers, and your follower count plays a vital role in establishing your presence on the platform.

Whether you are a new account aiming to gain momentum quickly or an established account seeking a boost, there are numerous compelling reasons to consider. Buying instagram followers could be one of them. Always aim for organic growth services, and one of our recommendations is to buy IG growth from Twicsy.

Winning Strategies for Casino App Games

By
TI Partners
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0

Casino app games have grown in popularity in recent years, offering players the chance to take the fun and excitement of casino games on the go. Because these apps have become so widely available, it’s important to understand how to maximize your success and win big.

Playing with casino apps can be a great way to have fun and make money. Golden Tiger Casino Log In is a good place to start if you are looking for an authentic online gambling experience. There are many tips and strategies to help you win at the casino app, but here we will focus on a few key points:

Familiarize Yourself With the Game

Before jumping into the exciting world of casino app games, the first step to winning is to familiarize yourself with the game. Start by reading up on the rules of the game, and then practice playing the game with demo money. This is essential to familiarize yourself with the game and its features, as well as to get a better understanding of how the game works.

Additionally, by playing with demo money, you will be able to make mistakes without incurring any real losses. Once you have a basic understanding of the game, you can start exploring strategies to increase your chances of winning.

Understand the Odds

Understanding the odds is a key step in preparing to play any casino game. To increase your chances of success, familiarize yourself with the rules of the game you’re playing, and understand the house edge that each game has. The house edge is the percentage of every bet that the establishment takes for itself. Knowing this in advance can help you plan your approach and bankroll accordingly. Additionally, it’s important to understand the odds of winning in each game, as well as the payout structure. By doing so, you can maximize your chances of beating the house.

Set a Budget and Stick To It

Establishing a budget and sticking to it is key to successful casino app gaming. Before you start playing, determine how much money you’re willing and able to spend on the app and set a clear limit.

Once you’ve spent your budget, it’s time to take a break and reassess. This will also help you track your spending and avoid overspending. Additionally, keep a record of your wins and losses so that you can stay in control. Lastly, don’t be tempted to chase your losses: if you’ve lost a certain amount, it’s time to walk away and move on.

Take Breaks and Manage Your Time

Taking breaks and managing your time is an important aspects of any casino app game. Taking regular breaks can help you stay focused and avoid fatigue while also allowing you to take stock of your progress and consider strategies for the next round. Budgeting your time is also important, as this will ensure you don’t get too carried away and lose all your chips in a single game.

Take Advantage of Bonuses and Promotions

Taking advantage of bonuses and promotions can be a great way to increase your chances of success when playing casino app games. Bonuses can give you additional coins and spins, while promotions can offer extra rewards. Be sure to review all bonus and promotion offers carefully to determine if they are beneficial and worth taking advantage of. Additionally, look for any wagering requirements or time limits associated with the bonus or promotion that must be met before you can collect any winnings.

To sum up, there is no guaranteed way to win at online casino app games. With that being said, there are several strategies you can use to increase your chances of success. By understanding the game, setting a budget, and managing your risks, you can have an enjoyable time playing casino app games. Additionally, researching different strategies and tips can help you become a better player. With the right information and dedication, you can become a master of casino app games.

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