On the recent rebound, Bitcoin (BTC) passed through an important psychological level of $60,000. Again, many traders and investors are aggressively optimistic about the crypto market and heavily bet on high-potential coins.
DTX Exchange and Pepe (PEPE), the memecoin, have seen a lot of fund introduction by the investors as we are headed for a new rally in the market. After the leader, Bitcoin (BTC), will hit a new high, DTX is expected to follow the same.
Nigerian Cryptocurrency Advocate Wants Bitcoin (BTC) To Be Declared Commodity
Nigerian cryptocurrency advocate James Utudor has filed a groundbreaking lawsuit against the government, challenging restrictions on owning, using, and trading digital assets like Bitcoin (BTC) and stablecoins. Utudor is taking on the Nigerian presidency, finance minister, and attorney general, arguing that these restrictions violate Nigerians’ fundamental rights.
His lawsuit seeks to lift the ban on cryptocurrency exchanges and Bitcoin (BTC), ensuring that all Nigerians have free access to these platforms and technology. Utudor is asking the court to affirm the rights of Bitcoin and USDT holders and to recognize Bitcoin (BTC) as a commodity officially.
Potential Reversal Point Forn Pepe (PEPE)
Pepe touched a low of 0.0000059 on 5 August and has been trying to recover from its downfall since then. The current price of PEPE (PEPE) is $0.0000083, which is also a great support level. However, it is still trading below the demand zone and key moving averages of 50 and 200.
The reversal on 14 July was a great reversal. However, the PEPE (PEPE) price wasn’t able to support the level and flushed to the current level. Also, PEPE (PEPE) has broken the head and shoulder pattern, and the recent recovery looks like a retest of it. Signs in Pepe (PEPE) are bearish for the short to mid-term.
DTX Changing The Trend In The Market
With faster trades, traders get the opportunity to trade before other people. DTX also offers APIs that make trading strategies easier to implement. Consequently, the DTX Exchange (DTX) is a secure wallet with which users can store and manage crypto.
DTX has been a platform that has allowed inexperienced people to enter the market with 1: 1000 leverage until e-KYC comes into force. As a result, it becomes the entry point for traders to imply trade immediately.
Yet another feature of the DTX EOS-token crowdsale is “transparency.” By setting up a decentralized order book on the Ethereum blockchain, DTX implements fast, efficient, and fair trading for token holders without oversight of the authority.
DTX Exchange (DTX) is considered the best company to invest in the Cryptocurrency space if one can still buy at this stage. The current price of this stage is $0.04, which is a doubling of the price of the first stage ($0.02). Predictions from some experts in the industry claim that the early investors could get an 1150% gain, as DTX is expected to reach $0.5 before entering the major exchanges.
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