Bitcoin finds support slightly above $60,000, possibly giving altcoins the green light to move higher in the short term.
This edition of Cointelegraph’s VC Roundup highlights Monad, Auradine, Sapien, HYCHAIN, Web3Firewall and Alpen Labs.
According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies.
This group has a history of launching numerous projects that attract significant TVL but later abscond with the funds.
The Nigerian government is collaborating with Interpol and Kenyan police to bring Arjarwalla back to Nigeria to face charges leveled against him.
Open Interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days.
Traders anticipate further downside, with approximately $1.05 billion in short positions at risk if Bitcoin returns to its price from the previous day.
Altcoin season is just around the corner, SEC pushing Uniswap to court and Bitcoin halving countdown.
