The growth of cryptocurrencies is influenced by a combination of technological advancements, market demand, regulatory environments, economic conditions, and community engagement. By assessing these factors, investors can gauge the potential of different cryptocurrencies and make informed decisions. This fundamental analysis helps to distinguish between speculative hype and genuine long-term value, guiding sustainable investment strategies in the volatile crypto market.

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I think crypto market or even 🌍 Market going to be "SIDEWAYS"

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Yellow Card Crypto Exchange to Pursue Licensing Plans in Nigeria
Following the Central Bank of Nigeria's reversal of the cryptocurrency transaction ban for banks, Yellow Card Exchange, a Pan-African crypto trading platform, is actively seeking licensing in the nation.
Yellow Card to expand operations in Nigeria
Yellow Card Exchange, driven by its mission to dominate the African market, is actively exploring strategies to capitalize on the first-mover advantage through the pursuit of licensing. While being a key player in Africa, delivering experiences akin to Jack Dorsey's Cash App, Yellow Card has faced limitations in Nigeria due to regulatory uncertainties.
This scenario is set to shift, as affirmed by Ogochukwu Umeokafor, the exchange's Director of Product Management. In a phone interview with Bloomberg, Ogochukwu stated:

"You've waited for something and it has come true, and we'll jump on it immediately. We want a regulated environment because it'll help the business move; it will help people have more confidence in doing business with us."
Ogochukwu Umeokafor, Director of Product at
Yellow Card
Yellow Card Exchange has initiated the approval process with the Nigerian Securities and Exchange Commission (SEC). However, progress has reportedly been hindered as the company needed a functional corporate account, which was previously impossible under the CBN rule.
With the ban lifted, Nigerian commercial banks are now permitted to open accounts for Virtual Assets Service Providers (VASPs). Crypto traders can also operate without the fear of asset seizure, as was the norm before. Beyond Yellow Card Exchange, other trading platforms may enter the Nigerian market, capitalizing on the crypto-sal y population.

You might also like: Nigeria's social payments app-bundle, shutting down crypto exchange
■ロロ
Nigeria's financial landscape
The Central Bank of Nigeria (CBN) has become the first apex bank in Africa to introduce a Central Bank Digital Currency (CBDC) called the e-Naira.
The general acceptance of Bitcoin among the population #CRPTO #NigeriaAcceptsCrypto

Which Coins 🤑 will be going up ( End of April)
MY PREDICTIONS is $ Bonk.
SHARE your prediction 🤝🤔👇
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Breaking News:

JUST IN: Google updates policy allowing Bitcoin & crypto trusts products to be advertised.

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🧐🧐🧐 Why #Elon_Musk Hate NFTs❓🙈🙈🙈

Elon Musk has been a vocal critic of NFTs, arguing that they are not truly stored on-chain and are instead hosted on external servers, putting them at risk if the server goes down or the company hosting the server goes out of business.

He has also criticized the high gas fees associated with NFTs on the Ethereum network, and the environmental impact of mining Ethereum.

In addition, Musk has expressed concern about the use of NFTs for scams and fraud. He has also said that he believes that NFTs are often overpriced and do not provide any real value.

Here are some of the specific reasons why Elon Musk hates NFTs:

They are not truly stored on-chain. Most NFTs are hosted on external servers, which means that they are not truly stored on the blockchain. This means that they are vulnerable to censorship and attack.

They are expensive. The gas fees associated with minting and trading NFTs on the Ethereum network can be very high. This makes NFTs inaccessible to many people.

They are environmentally unfriendly. Mining Ethereum, the blockchain on which most NFTs are hosted, consumes a lot of energy. This has a negative impact on the environment.

They are often used for scams and fraud. There have been many cases of people being scammed by fake NFT projects.

They are overpriced. Musk believes that NFTs are often overpriced and do not provide any real value.

It is important to note that Musk is not the only one who has criticized NFTs. Many people have expressed similar concerns about the technology. However, Musk's platform and influence give his voice more weight. It is possible that his criticism could have a negative impact on the NFT market.

It is also important to note that Musk has not completely ruled out the possibility of supporting NFTs in the future. He has said that he is open to the idea of supporting NFTs if they can be made more decentralized and environmentally friendly.

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