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This week in African cryptocurrency news: a Kenyan court directs Worldcoin to erase biometric information, CBEX tries to regain confidence, while a Nigerian fintech collaborates with Zone blockchain for improved transactions.
Coinbase has increased its cryptocurrency holdings, including a $150 million investment in Bitcoin, emphasizing a strategic approach rather than a maximalist stance.
Investor sentiment shifts positively towards cryptocurrencies as altcoins recover and buying pressure builds.
MARA stock increased following a positive reception from analysts due to its commitment to reducing energy expenses despite missing earnings forecasts.
Research reveals that creators of the TRUMP token gained significantly while retail investors faced heavy losses.
Analysts offer mixed reviews on Coinbase following its disappointing first-quarter earnings, with some voicing concerns about short-term revenues while recognizing potential long-term gains from a strategic acquisition.
Recent outcomes of papal conclave predictions on the Polymarket platform challenge the effectiveness of crypto betting markets compared to traditional polls.
The CoinDesk 20 Index exhibits strong performance, with Uniswap and NEAR Protocol leading gains.
Flowdesk has introduced an institutional credit desk aimed at improving capital market access for crypto trading.
Key alternative cryptocurrencies are mirroring Bitcoin's recent price breakout as they gain momentum in the market.
A detailed overview of the crypto market on May 9, 2025, highlighting significant movements in Ether and Bitcoin, along with market dynamics and events to watch.
Recent data reveals rising institutional confidence in Bitcoin through the Deribit options market, indicating strong bullish trends.
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