Bitcoin and Ethereum reverse gains after strong start to 2025
With markets now firmly in the home straight for the run into year-end, the crypto sector remains in a daze following its October meltdown. After being one of the best-performing assets during the first nine months of 2025, with Bitcoin up over 35% at its October peak of $126,272, it is now down 5.25% year-to-date (YTD) at its current price of $88,480. Ethereum has suffered a similar fall from grace. At its current price of $3005, it is down 9.80% YTD, a stark contrast to being up almost 50% in August. The overhang from this correction has left the outlook for Bitcoin and Ethereum uncertain, a sentiment perhaps best illustrated by the conflicting views offered recently by two research strategists at the boutique United States (US) firm Fundstrat Global Advisors. Analysts split on crypto outlook as uncertainty grows Tom Lee, the well-known co-founder and head of research, remains publicly bullish. He predicts that Bitcoin could reach $250,000 within months and calls Ether at roughly $3000 ‘grossly undervalued’. Notably, Lee is also the chairman of BitMine, a company aiming to become the world’s leading Ethereum treasury. However, in a recent internal client note, Sean Farrell – Fundstrat’s head of digital asset strategy – caused a stir by outlining a more cautious short-term view. Farrell sees Bitcoin falling to $60,000 – $65,000 in the first half of 2026, citing risk management concerns and the potential for further drawdowns. Tom Lee explained the disagreement by stating that the views reflected different mandates: his own long-term macro bullishness versus Farrell’s near-term tactical caution. Our view is more in line with Farrell’s. This is based on our technical view outlined here two weeks ago (and refreshed below), reinforced by the soft price action overnight as Bitcoin recoiled from the $90,536 high it hit earlier in the session, despite a supportive backdrop of higher equities, rising gold prices, and a US dollar. Bitcoin technical analysis The 17.5% rally from the 21 November $8053 ‘capitulation low’ to the recent $94,652 high displays corrective qualities, which implies the rally is countertrend (Wave IV within the Elliott Wave framework). This suggests that while Bitcoin remains below the $95,000 – $100,000 resistance zone, the risks are for the downtrend to resume and for a retest and break of the $8053 low (for Wave V), towards the Liberation Day lows at $75,000. It is important to note that if Bitcoin first sees a sustained break above resistance at $95,000 – $100,000 and then above the 200-day moving average (MA) currently at $108,000, it will shift the landscape in favour of a retest of the $126,272 high. Bitcoin daily chart Bitcoin daily chartSource: TradingView Ethereum technical analysis The 33% rally from the 21 November $2620 ‘capitulation low’ to the recent $3477 high displays corrective qualities, which implies the rally is countertrend (Wave IV within the Elliott Wave framework). This suggests that while Ethereum remains below the recent $3477 high reinforced by the 200-day MA currently at $3600, the risks are for the downtrend to resume and for a retest and break of the $2620 low (for Wave V), towards $2250. It is important to note that if Ethereum first sees a sustained break above resistance at $3500 – $3600, it would shift the landscape initially towards a test of $4000, before a possible rally towards the $4750 – $4950 resistance zone. #crypto #CryptoNews #cryptouniverseofficial #CryptocurrencyWealth #CryptoCommunity $BNB $BTC $ETH
What Are Russia's New Cryptocurrency Investment Rules?
Have you heard about the Central Bank of Russia's new proposal for cryptocurrency investment rules? It’s quite a big deal, as they aim to regulate the domestic market. From what I understand, the rules are set to kick in by July 2026. They introduce a tiered system for investors, distinguishing between "qualified" and "unqualified" investors. Unqualified investors face a limit on their annual investment in highly liquid cryptocurrencies, capped at 300,000 rubles (around $3,800), but only if they pass a risk-awareness test. Those labeled as qualified investors won't see such limits, but they'll also need to take a test. Interestingly, both categories of investors are barred from investing in anonymous cryptocurrencies. What's the Goal Behind These Rules? The main goal here is to provide better market oversight and to protect investors. Given that around 20 million Russians are now using cryptocurrencies, these rules seem timely. They mandate that all transactions must go through licensed Russian exchanges, brokers, or trustees. For illegal intermediaries, penalties will start to take effect in 2027. How Will This Affect Retail Investors? In theory, the new rules aim to create a safer environment for retail investors. By requiring licensed intermediaries for transactions, the intention is to reduce risks from unregulated platforms. But let's be real—this tiered access could make it harder for smaller investors. The competency tests and investment caps might be a barrier for many who want to get involved. While the rules aim to protect investors, some fear they could stifle innovation. If more people need to use licensed intermediaries, it might elevate costs and make it less accessible for everyday investors. This could lead them to seek alternatives elsewhere. What About Fintech Startups in Asia? Funnily enough, Russia's new regulations won't really impact fintech startups in Asia. The rules target domestic markets and won't restrict foreign entities or cross-border operations. So, Asian fintech companies, which are under their own regulatory frameworks—like Singapore’s MAS guidelines—shouldn't feel the pinch. The absence of direct provisions aimed at Asian markets means fintech startups, especially in Southeast Asia, can continue to thrive. Countries like Singapore and India have their own challenges, but they aren't directly influenced by Russia's policies. So, while Russia's rules may add liquidity to its local market, they won’t disrupt Asia’s fintech landscape. Could This Regulatory Approach Work for Other Countries? Could Russia’s tiered regulatory approach serve as a playbook for other countries? It seems the intent is to balance investor protection with market accessibility. By differentiating between types of investors, the hope is to cultivate a secure environment for crypto participation. But the stringent limits on investment and the ban on domestic payments in cryptocurrencies could deter growth. Countries with looser regulations might be drawn to Russia’s model. They could adopt Russia’s approach to implement safeguards without choking off market growth. But will it be effective? It’s hard to say. The success of any model will depend heavily on the unique economic and regulatory landscapes of each country. In this global struggle to regulate cryptocurrencies, Russia's approach offers insights—but they must tread carefully. Why Are Over-Regulatory Risks Important for SMEs in Europe? Over-regulating the cryptocurrency market can be a double-edged sword for small to medium enterprises (SMEs) in Europe. The EU’s MiCA regulation is set to impose significant compliance burdens that could severely impact smaller firms. They might find it difficult to meet new licensing, governance, and reporting requirements. Also, the centralized oversight structure created by MiCA may slow innovation, making European startups less competitive compared to those in more flexible regulatory environments. Then there's the risk of regulatory fragmentation across EU member states, which adds further complexity to cross-border operations. The perception of being treated differently than traditional financial instruments could also hurt European SMEs. They'll need proactive compliance strategies to maintain their edge in the ever-evolving world of cryptocurrency. How Do These Changes Impact Crypto Payroll Solutions Globally? The changes in Russia’s cryptocurrency investment rules also have global ramifications for crypto payroll solutions. As the regulatory landscape clarifies, businesses may find it easier to adopt crypto payroll systems, especially those using stablecoins for payments. If token classification and custody rules become more predictable, it could foster institutional growth in crypto payroll solutions. Yet compliance remains a hurdle for global adoption. Companies wanting to pay employees in cryptocurrencies must navigate different regulations in various countries, which complicates matters. The growing popularity of crypto payroll solutions—particularly in Latin America where startups increasingly embrace digital currencies—underscores the need for clear regulatory frameworks to encourage expansion. As the global market for crypto payroll solutions grows, businesses will need to stay informed about the regulatory landscape and ensure compliance with local laws. Building trust and legitimacy in using cryptocurrencies for payroll and other financial transactions will be vital. #CryptoNews #CryptoNewsCommunity #cryptouniverseofficial #CryptocurrencyWealth #Crypto_Jobs🎯 $BTC $BNB $BTC
Why Bitcoin’s Energy Problem is Pi Network’s Biggest Opportunity! 🚀🌍
Why Bitcoin’s Energy Problem is Pi Network’s Biggest Opportunity! 🚀🌍 Bitcoin has been a pioneer, but its massive energy consumption and limited real-world utility are its Achilles' heel. It’s time for a crypto that's built for the planet and the people. Enter Pi Network. Pi isn't just another coin; it's a revolutionary leap that solves Bitcoin's core problems, making it the perfect contender for the world's first truly global, mass-adopted currency. 🌿 The Green Crypto Revolution: Ditching the Power Plant Bitcoin's Proof-of-Work (PoW) system demands a staggering amount of energy—think whole countries' worth of power—just to process transactions. This is the primary reason for environmental pushback. Pi’s Solution? The Smartphone! Pi Network uses the Stellar Consensus Protocol (SCP), a social trust model, NOT massive computation. You "mine" Pi simply by checking the app daily on your phone. The Verifiable Fact: This process is energy-light, requiring virtually zero battery or data. Pi removes the environmental barrier completely, making it a sustainable choice for billions of people everywhere. ♻️ 📱 Utility for the Masses: Crypto in Your Pocket For a currency to be global, it must be accessible and easy to use. Bitcoin is often seen as "digital gold"—a store of value—due to slow, expensive transactions. Accessibility is Power: Pi Network was created by Stanford PhDs to make crypto accessible to the everyday person. Anyone with a smartphone can participate, fostering an unparalleled level of global distribution and inclusivity, especially in markets where banking is limited. Building the Real Economy: Pi is focusing on a utility-first ecosystem, encouraging developers to build dApps for real-world transactions—buying goods, services, and making instant transfers within its network. With a user base of tens of millions, Pi is cultivating a ready-made digital economy that Bitcoin took years to build. bridge The Compliance Bridge to Global Finance Beyond accessibility, Pi is quietly preparing for the next phase of global finance by moving toward ISO 20022 compliance. What this means: ISO 20022 is the new global standard for how banks and financial institutions exchange data. By aligning with it, Pi is building a bridge to the traditional banking system, positioning itself alongside networks like Stellar (XLM) and Ripple (XRP). The Goal: This compatibility aims to enable faster, richer, and more transparent cross-border payments, allowing Pi to communicate effectively and efficiently with the anchor banking system. The Bottom Line: By being sustainable, accessible, and focusing on real-world utility and compliance, Pi Network is positioned to not just compete, but to define the next generation of digital currency. It’s an ecosystem designed for global adoption from the ground up! Never miss any crypto update follow Pi Network Magazine to stay updated. #pinetworkmagazine #cryptonews #PiNetwork #digitalcurrency #BTC #Write2Earn #pi #BTCVSGOLD #BinanceBlockchainWeek #TrumpTariffs $BNB $XRP
Potential Impact of Pi Network Integration with SWIFT
Potential Impact of Pi Network Integration with SWIFT Comprehensive Scenario Analysis 1. Understanding What “Integration” Would Mean If SWIFT (Society for Worldwide Interbank Financial Telecommunication) officially integrated Pi Network, it would mean Pi becomes a recognized digital settlement asset or message standard on the SWIFT network. Banks could send, receive, or clear payments using Pi either as a transfer medium or a message-compatible asset under ISO 20022. Essentially, Pi would stop being a mobile-mining app token and become a globally recognized payment instrument. 2. What Would Happen If It’s True a. Pi’s Value Would Skyrocket SWIFT processes over $5 trillion per day. Even 0.1% of that flowing through Pi would make its transaction volume exceed most cryptocurrencies, pushing the value potentially into the $100–$1,000+ range. b. Global Legitimacy Pi would join XRP, Stellar, XDC, and HBAR as ISO 20022-aligned networks, gaining instant institutional credibility. c. Real-World Utility Explosion Banks could use Pi for instant cross-border settlements. Pi wallets could act as digital bank accounts with near-instant remittance capabilities. d. Regulation & Compliance Alignment SWIFT compliance implies strong KYC, AML, and transaction traceability — transforming Pi into a regulated infrastructure. e. Market Reaction Investors would see Pi as a new XRP-level opportunity, driving early volatility and long-term institutional adoption. 3. The Catch — What Must Be True For full SWIFT usage, Pi must: 1. Launch openly (unlocked Mainnet). 2. Achieve stable liquidity on major exchanges. 3. Gain legal and regulatory clarity. 4. Obtain SWIFT approval and partnership. 5. Build or partner with a regulated bridge institution. 4. Summary Table Aspect If Speculation Is True Impact Adoption Global (banks + users) Transformational Pi Price 100×–1000× increase Extremely bullish Utility Cross-border remittances Massive Regulation Full AML/KYC integration Highly controlled Crypto Ecosystem Competes with XRP, Stellar Major shift 5. Conclusion If Pi truly becomes a SWIFT-compatible, institutionally used payment rail, it would instantly move from a social-mining experiment to a global financial asset — potentially one of the most valuable digital currencies in history. #pi #WriteToEarnUpgrade #KITEBinanceLaunchpool #PiCoreTeam $BNB $BTC $XRP
GCV Industry Alliance – Connecting Businesses, Transforming Economies.
📣 GCV Industry Alliance – Connecting Businesses, Transforming Economies We are thrilled to share our latest video showcasing how businesses are thriving with GCV around the world! 🌏 From over 2 million products ready for export to partial Pi payments giving merchants a competitive edge, the video demonstrates how GCV is helping real businesses grow and succeed globally. 🎯 What you’ll see in the video: •Businesses thriving with GCV •Global trade connections and economic impact •Envoys supporting local businesses •The advantages of partial Pi payments and blockchain-enabled commerce Let’s share this with the world and continue building a strong ecosystem. Together, we can connect real businesses and create lasting opportunities. 📺 Watch the video now and see businesses thrive with GCV! To all businesses interested in joining the GCV Industry Alliance: connect with your country envoys to receive guidance on how to access the 2 million products ready for export from China. This opportunity can help your business grow and boost your country’s economy. 🌏💼 Chairs: 🇻🇳 Dao Duc Viet – Vietnam – Chair 🇨🇳 Jian Ping Zhen – China – Chair 🌍 Samer Sioury – Arab Region – Chair 🇯🇴 Osama Salem – Jordan – Chair 🇨🇲 Letenou Fongang Gidrin – Cameroon – Chair 🇵🇭 Jerwin Figueroa – Philippines – Chair 🇹🇭 Wantana Intrachaeng – Thailand – Chair 🇧🇮 Simon Havyarimana – Burundi – Chair 🇵🇸 Asad Salim – Palestine – Chair 🌍 Olivier Ndatimana – Africa – Chair 🇧🇯 Ganhoumeto Dossou Ange – Benin – Chair Vice Chairs: 🇨🇳 Hong Zhi Wu – China – Vice Chair 🇯🇴 Khader Ahmed Saleh – Jordan – Vice Chair 🇻🇳 Nguyen Minh Nguyet – Vietnam – Vice Chair 🇨🇲 Zavier Fokou – Cameroon – Vice Chair 🇹🇭 Apiwit Noknakorn – Thailand – Vice Chair 🌍 Abed Maher – Arab Region – Vice Chair A huge thank you to Ms. Diana Qian, Video Director & Producer, for bringing our vision to life with this inspiring video. Your creativity and dedication shine through every frame! 🌟🎬 ✍️ Lumari Chair – GCV International Industry Alliance 📧 Email: [email protected] Jojo Vice Chair – GCV International Industry Alliance 📧 Email: [email protected] 🤝 Connecting the World | ⚡ Driving Utility | 🔗 Strengthening Supply Chains
Pi Network Set for Global Financial Breakthrough: To Become Official Digital Currency for International Payments Starting November 22, 2025 Pi Network is about to take a colossal jump in world finance. Pi will be able to work as an official digital currency in the international payments starting November 22, 2025. This shift might introduce Pi as one of the pioneering community-based cryptocurrencies to have their official worldwide recognition. The site emphasized the task of Pi in the cross-border payment and its compatibility with the ISO 20022. Millions of Pioneers across the globe have become excited with the news. The Pi Core Team has also planned its path into three distinct stages, namely, the period before November 2025, the November 22 ISO 20022 activation, and the post-launch adoption phase. The November 22, 2025, date is critical because it is the last day of the world migration to ISO 20022 by banks and financial networks. Following this achievement, Pi wants to launch tools of cross-border payment that governments can be officially aware of. What ISO 20022 Means for Pi Network ISO 20022 is a universal standard of messaging of financial transactions. It enables various banking systems to interact easily.In the case of Pi, this compliance would imply quicker, less expensive, and more transparent payments. According to experts, this kind of interoperability would allow Pi to be a competitive alternative to traditional currencies and other blockchain systems such as XRP and Stellar. Compared to its introduction in 2019, Pi Network has become accessible by over 50 million users across the world. This enormous following provides it with a special benefit as it moves into open mainnet. The mobile-first model by Pi has supported the users in the areas where banking services are unattainable. The isolated mainnet period enabled Pi to reinforce its network and security. It is now being more about making real-world utility. The next decentralized exchange (DEX) and Pi apps platform will allow people to use Pi to purchase goods, services, and international transfers. #PiNetworkMainnet #Write2Earn $BTC $BNB $ETH
CRYPTOCURRENCY IS HIGHLY LUCRATIVE IF YOU KNOW HOW TO GO ABOUT IT.
I've hit on a core truth about cryptocurrency, yes, but it's important to be very clear about what "knowing how to go about it" actually means. It's not a secret or a magic trick; it's about knowledge and strategy. Here's a breakdown of what that phrase really means and why it's so critical: The "Highly Lucrative" Part Yes, cryptocurrency has the potential to be highly lucrative. We've seen assets like Bitcoin and Ethereum go from being worth pennies to tens of thousands of dollars. Early investors who had a long-term strategy and a high tolerance for risk made incredible returns. However, this is not a guarantee. The market is incredibly volatile, and the value can plummet just as quickly as it rises. The "If You Know How to Go About It" Part This is the most important part of my statement. What I'm really talking about is being a smart, informed investor. This means: Doing Your Research: You must understand the technology behind a cryptocurrency (its "blockchain"), what problem it's trying to solve, and who is on the development team. This is called "due diligence." Understanding Risk: You have to know that you could lose all of your money. A smart investor never puts in more than they can afford to lose.Having a Strategy: Are you a long-term investor (buying and holding)? Are you an active trader (buying and selling frequently)? Are you interested in "staking" or "DeFi" (decentralized finance) to earn passive income? Each of these approaches requires a different set of skills and a different risk tolerance.Recognizing Scams: The crypto space is full of scams, fake projects, and misleading promises. Knowing how to spot these is a key part of "knowing how to go about it."
So, while the idea that crypto is lucrative if you know what you're doing is true, it's not a simple secret. It's about being educated, disciplined, and cautious. It's an investment, not a get-rich-quick scheme. $BTC $ETH $BNB #Write2Earn #BinanceSquare #cryptonews
HERE ARE SOME COMPELLING REASONS TO CONSIDER BUYING BITCOIN NOW:
- Potential for Price Growth: Bitcoin's price has historically shown significant growth, with some analysts predicting it could reach $150,000 in the current market cycle. Its limited supply and increasing adoption contribute to this potential. - Recovery from Lows: Bitcoin's recent price rebound suggests market resilience, indicating buyers are stepping in after price declines. - Hedge Against Economic Uncertainty: Bitcoin's decentralized nature and limited supply make it a potential hedge against inflation and economic instability. - Growing Global Acceptance: Bitcoin's acceptance is increasing among institutions and individuals, with major companies like Tesla and MicroStrategy investing in it. - Increasing Institutional Investment: The approval of spot Bitcoin ETFs has provided a regulated way for institutions to gain exposure to Bitcoin, further legitimizing it as a mainstream asset. Additional Benefits - Decentralized System: Bitcoin operates independently of central banks and governments, giving users control over their wealth. - Technological Advancements: Bitcoin's blockchain technology continues to evolve, enabling faster and more secure transactions. - Market Dominance: Bitcoin's market dominance and brand recognition contribute to its stability and growth potential. - Long-Term Optimism: Many analysts hold a bullish view of Bitcoin's long-term potential due to its scarcity and growing adoption. Key Considerations - Volatility: Bitcoin's price can fluctuate significantly, making it essential to invest wisely and not exceed what you can afford to lose. - Security: Ensure you store your Bitcoin securely using reputable wallets and exchanges. - Regulatory Environment: Stay informed about changing regulations and their potential impact on Bitcoin's value ¹ ². $BTC #BuyBitcoinNow #BitcoinFuture #Write2Earn #BinanceSquare #CryptoNews
Bitcoin's price prediction for December 2025 varies among analysts, but most forecasts suggest a bullish trend. Here are some predictions ¹ ² ³: - December 2025 Price Range: - Minimum Price: $106,674.25 to $123,012 - Average Price: $112,483.09 to $137,659 - Maximum Price: $118,291.93 to $144,869 - Potential ROI: 31.09% to 178.79% increase from current prices - Analyst Predictions: - Bitwise analysts estimate Bitcoin could surpass $200,000 by the end of 2025 - VanEck analysts foresee Bitcoin hitting $180,000 in 2025 - Standard Chartered projects Bitcoin reaching $200,000 in 2025 - H.C. Wainwright predicts Bitcoin will rise to $225,000 by the end of 2025 Some analysts also predict potential corrections of up to 30% during the year. However, driven by growing institutional and government interest, Bitcoin could recover and reclaim its highs by year-end. Overall, the forecast suggests a positive market outlook with potential returns ranging from 6.31% to 178.79% ³.
Pi will benefit the whole family. It will be here for single individuals, parents and the whole family. Grandparents are members as well as Grandchildren. It’s truly a family affair. All will reap the benefits of Pi.🔥🥰🔥
Pi will lead the decentralized web3 frontier and enable ordinary people to become rich through hard work and turn their lives around!
pi将引领分散的web3前沿,让普通人勤劳致富而翻身!
The end of an era is always the rise of another era! The era belonging to the faction has already begun to succeed, which may be later, but also safer and more stable for a longer time
Learn about the MultiSig wallet on the Pi network Recently, as the good news about Pi Network has increased, it has attracted more and more attention from outsiders. While attracting attention, more and more phishing links are used to defraud the wallet mnemonics of pioneers. In fact, this situation has always existed, but it has become more serious recently due to good news. In order to cope with this situation, the Pi Network core team migrated the Pi Wallet (wallet) to the main network server and added a new suffix Pi Net#PiNetworkkyc #pinetwork#pinetworknews
🌟Pi DAO Team Leads Technological Self-Innovation 🌟Pi DAO Team Leads Technological Self-Innovation 🌟 Dear Pioneers of the Pi community across the entire network: We are proud to announce that the Pi DAO Team has successfully independently developed a cutting-edge OSS system under the spirit of self-driven innovation. This important technological breakthrough has greatly improved the community's previously expensive storage solutions and achieved perfect compatibility with Amazon cloud technology. 🚀Technological independence, the future is in hand🚀 At this milestone moment, we have strengthened our determination to develop independent technology. Through the implementation of this new system, we are no longer deeply dependent on traditional service providers such as Alibaba Cloud and Tencent Cloud. This means we will be able to...#PiNetwok #PIXELUpdates #pimine
#PiNetwok 🔥Innovative Artistry: Unveiling the Pi Network Spirit in My Art 在我的作品中展现Pi网络精神。 🔥Discover the Artistic Fusion of Pi Network I have infused the unique elements of Pi Network into my art, creating a collection that deeply explores the spirit of Pi. Each piece is a profound jour.#PiNetwok #PIXELUpdates #pimine
🔥Global Pi Pioneers join forces to ignite the fire of hope and build the Pi ope...
We call on Pi pioneers around the world to unite to jointly promote the development of the ecosystem and strive to realize the Pi Network's move towards an open mainnet. Let us gather together at 🔥Fireside to ignite the fire of hope for Pi Network🔥 and join hands to create a brilliant future for Pi Network! We are an innovative blockchain entrepreneurial team full of energy and dreams; we are looking for Web3 developer partners who share our goals and have strong technical skills. If you have deep professional skills and practice in any of the following areas.. #PiNetwok #pimine
Binance P2P Goes Offline for Nigerians; Here’s What We Know
Nigerian users on Binance are currently unable to access the platform’s peer-to-peer (P2P) feature as the service appears to be offline.Users cannot find the NGN on the list of available currencies on the Binance P2P platform.The latest development comes as the Nigerian government struggles to save the free-falling naira (NGN). It remains unclear if the unavailability of the P2P function is part of Binance’s efforts to help salvage the currency or a bug in the system.Binance P2P Feature Unavailable For NigeriansAbout a week ago, Binance capped the selling price of Tether (USDT) tokens on its Nigerian P2P platform to 1,802 NGN per coin and temporarily disabled the sell option for the stablecoin. The move was to ensure compliance with the Nigerian authorities, who have been in a battle against heightened inflation and economic instability in the country.The Binance NGN/USDT price cap blocked traders’ accounts that tried to sell above the limit. This pushed market participants on the exchange to other platforms that had not enforced similar restrictions.In a statement addressing the matter, Binance said the price cap resulted from an automatic system pause triggered by significant currency movement, adding that the issue was temporary as adjustments were being made to resume normal services.However, with the current situation, it appears that the P2P issue is far from over. The Binance customer support team said the P2P unavailability will be fixed soon, and an update on the matter will be provided in time.Naira in Free-fallThe Nigerian crypto community believes the recent incidents are part of a joint effort to combat the naira’s depreciation, as it is unlikely that the biggest crypto P2P market in the world would suddenly go offline.Since mid-2023, NGN has fallen significantly against the United States dollar (USD), crashing in double digits from about 700 NGN/$1 to more than 1,800 NGN/$1. Traders have contributed to this free-fall by manipulating the NGN’s price on Binance P2P through fake ads.The Central Bank of Nigeria and other economic agencies have launched a joint initiative to fight issues like forex speculation, which play a role in the country’s economic instability#TrendingTopic #USDTDaily #p2p #nigeriaP2P #BinanceP2P