Crypto News
Lure of Quick Money Sees $100M Flow to Solana Meme Coin ‘Presales’
Some onchain watchers estimate that over $100 million worth of tokens were sent to various meme coin presales over the weekend.Source link
Nigerian Fintech Startup Chipper Cash Lays Off Employees in US, UK
The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer to profitability. Layoffs Set Chipper Cash on Course for Positive Cash Flow in the FirstSource link
Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
Binance's fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg.Source link
Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K
The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.Source link
Nigeria’s SEC Proposes 400% Increase to Crypto Firm Registration Fees
The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.Source link