Author: Yeek.io
Nigeria’s Federal Inland Revenue Service (FIRS) recently hinted at introducing new regulations to tax cryptocurrency transactions. It claimed the bill is part of its drive to build a trustworthy, data-driven tax system aligned with Nigeria’s economic objectives. The new crypto tax bill, which was expected to be introduced in the country’s legislative chambers in September 2024, is expected to lay the groundwork to help modernize the nation’s tax system and address the rapid growth of the cryptocurrency market. Nigeria has been a global leader in cryptocurrency adoption, particularly among developing nations. It is one of the largest crypto markets globally,…
Table of content Introduction Comparison: Old ways Vs AI powered healthcare Key commercial applications & players in Healthcare AI Government initiatives & Investment for AI adoption Emerging startups in healthcare AI Funding trends 2023 vs 2024 Key Insights Predictions for 2025 Conclusions The application of artificial intelligence (AI) in healthcare is not just a technological evolution—it is a profound leap that challenges traditional paradigms of diagnosis, treatment, and drug development. This transformation is akin to moving from horse-drawn carriages to space travel, marking a new era in medicine where machines learn, adapt, and assist in ways previously confined to the…
A popular crypto analyst thinks that Ethereum (ETH) is on the verge of printing a massive breakout rally also known as a god candle. Pseudonymous analyst Inmortal tells his 221,100 followers on the social media platform X that Ethereum’s two-hour chart looks similar to Bitcoin’s (BTC) price action over the last two weeks. The analyst says that while Ethereum struggles to clear resistance at $4,000, he notes that BTC also had trouble breaching $100,000 for weeks before surging to new all-time highs. “Same price action, but with one difference. God candle after the breakout. ETH.” Source: Inmortal/X Based on the…
The recent XRP price action has been highlighted by another notable surge that saw it reaching just above $2.7 briefly again after a 9% surge on December 17. Although the XRP price was rejected immediately after reaching this level, it continues to exhibit bullish momentum on the daily timeframe chart. Interestingly, popular crypto analyst and XRP advocate Dark Defender recently shared his insights on X, highlighting key price levels that could pave the way for an XRP price surge to $5.85. Breakout Confirmed As XRP Price Hits $2.72 Dark Defender, known for his consistent bullish stance on XRP even during…
The exchange explained that its decision aims to improve market quality. Binance regularly reviews trading pairs, considering factors like project team commitment, development activity, and network stability. Binance will remove tokens that fail to meet certain liquidity and volume requirements.The impacted trading pairs are:Once delisted, the token values will no longer show in users’ wallets. Deposits for these tokens will be disabled 24 hours after the delisting. They have until February 25, 2025, to withdraw them from Binance.The AKRO, BLZ, and WRX prices fell in a range of 11% to 48% after the announcement. Such reactions are common after delisting…
The Sepolia testnet will undergo a post-merge execution layer (EL) upgrade at block 1735371, expected on August 17, 2022The upgrade will cause EL clients on the network to disconnect from peers which have not transitioned to proof-of-stake. It does not add additional functionality beyond this.Sepolia node operators must upgrade their execution layer client prior to block 1735371.A similar upgrade is expected on Goerli and the Ethereum mainnet once these networks have transitioned to proof-of-stake Background In order to maintain a healthy peer list, nodes on Ethereum’s execution layer will automatically disconnect peers who do not have the same upgrade sequence…
Exploring the NFT world can be tricky, with many projects lacking authenticity. At NFT Droppers, we offer reliable ratings by examining over 70 detailed factors. We dive into NFT features, structure, roadmaps, technical details, and token utility. We also look at media presence, website traffic, and community engagement. Our team checks the whitepaper, investment timeline, market potential, and existing user base to gauge the project’s vision. We thoroughly verify team members to ensure authenticity and provide all essential information for investors. Our ratings are frequently updated, and we continuously improve our methods. Trust NFT Droppers for insightful and current NFT…
Bitwise CIO Matt Hougan has commented on Ethereum’s evolving position in the blockchain ecosystem, predicting that the platform could outperform Solana in 2025. According to Hougan, Ethereum’s reputation as slow and expensive is becoming outdated as advancements in its ecosystem address these challenges.Bitwise CIO Predicts Ethereum Layer-2 Growth Will Outpace Solana by 2025According to a recent tweet by Bitwise CIO Matt Hougan, Ethereum Layer-2 networks are transforming the platform’s reputation and usability. Hougan noted that Ethereum’s advancements in scalability and user experience rival those of Solana, traditionally recognized for its ease of use.Moreover, Hougan highlighted projects like Clanker and Virtuals,…
December 18, 2024The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRLP update: Additional LP incentives are live; currently paying about 80% in SNX and stablecoins — these incentives will run for 4 weeks before being reassessed.Staker update: L1 SNX stakers can migrate to V3 to mint at 500% c-ratio; nothing yet for L2 stakers to do on Optimism. Tokenomics announcement for stakers coming EOY.TLX acquisition passed: CCs are getting a better feel for the codebase & cleaning things up to prepare for a Base deployment. There are plans for…
contributor Posted: December 19, 2024 DOGE has declined by 4.11% over the past 24 hours. Dogecoin’s market sentiment has turned negative as investors become impatient. Since hitting a recent high of $0.48, Dogecoin [DOGE] has struggled to maintain an upward momentum. The memecoin has traded in a consolidation range between $0.42 and $0.37 since. In fact, as of this writing, DOGE was trading at $0.3832. This marked a 4.11% decline on daily charts. The recent decline after a sustained uptrend signals a potential shift in market dynamics. Inasmuch, popular crypto analyst Ali Martinez sees the current market conditions as a…