In a sign of the changing market sentiments, the Nasdaq Crypto Index (NCI) booked monthly returns of 37.2% in January — the third-highest monthly return since NCI’s inception in May 2020.
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Amid investor sentiment signaling ‘greed,’ cryptocurrency investment products saw weekly inflows of $117 million last week — the highest since July 2022, according to a CoinShares report.
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The demand for Bitcoin (BTC) in Nigeria has soared as the fiat notes are set to be invalidated.
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