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Cryptocurrency News Articles

Shiba Inu Spikes on Down Under Exchange: Bitcoin.com.au Jumps on the Bandwagon

Mar 27, 2024 at 12:23 am

U.Today presents the top three crypto news stories of the day, including: Shiba Inu's listing on a major Australian exchange, Bitcoin.com.au; Michael Saylor's resounding statement on Bitcoin amidst market uncertainty; and Binance's Regional Manager for Africa, Nadeem Anjarwalla, escaping detention in Nigeria, potentially exacerbating the already strained relationship between Nigerian authorities and Binance.

Shiba Inu Spikes on Down Under Exchange: Bitcoin.com.au Jumps on the Bandwagon

Shiba Inu's Rising Star: Aussie Exchange Jumps on the Bandwagon

Is Shiba Inu's meteoric rise showing no signs of slowing down? Bitcoin.com.au, a Down Under crypto exchange, has just thrown its hat into the ring by listing the meme token. With over 300,000 customers, this isn't just any exchange; it's one of the OG players in the Australian crypto scene.

Shiba Inu's listing joins an already impressive roster of coins offered by Bitcoin.com.au, including Bitcoin, Dogecoin, and a slew of other popular choices. And guess what? Bitcoin.com.au isn't the first Aussie exchange to embrace the Shiba Inu craze. Back in 2021, CoinJar, the country's golden oldie digital asset exchange, hopped on board.

As we speak, Shiba Inu is trading at $0.00003033, with an impressive 8.46% gain over the past 24 hours. Not too shabby, huh?

Michael Saylor's Bitcoin Wisdom: 'Amidst the Noise, Bitcoin Is the Beacon'

Michael Saylor, the man behind the Bitcoin-loving MicroStrategy, dropped a mic-drop statement that's got the crypto community abuzz: "Bitcoin is the signal."

Why is this so profound? Because the crypto market has been on a bit of a rollercoaster lately. Bitcoin hit an all-time high of $73,750, and now investors are scratching their heads, wondering what's next.

In the face of all this uncertainty, Saylor's statement is a beacon of clarity. It's a metaphorical reminder that amidst regulatory rumblings, price fluctuations, and general market hullabaloo, Bitcoin stands tall as a guiding star. Another way to look at it is that Bitcoin is still the ultimate barometer for the crypto market's overall health.

Binance's African Woes: Exec Escapes Detention, Adding Fuel to the Fire

Nadeem Anjarwalla, Binance's top dog in Africa, pulled a Houdini and vanished while in custody in Nigeria. Insider whispers say he hightailed it to the nearest mosque during Ramadan prayers and used the chaos to slip away.

How he managed to pull off this escape act remains a mystery, but rumors are rife that he's already skipped town on a Middle Eastern flight. Nigerian authorities are said to be holding onto his British passport, but Anjarwalla has a secret weapon—a Kenyan passport. With dual citizenship, he could have easily boarded an international flight using his Kenyan credentials.

This escapade will undoubtedly cast an even longer shadow over Binance's already strained relationship with Nigerian regulators. Nigeria is a huge market for crypto, and Binance is eager to maintain its dominant position both regionally and globally. But this latest incident could put a serious dent in those plans.

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