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Investors betting against Bitcoin rally, lose $361 million in Binance, OKex and BitMEX

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Investors and crypto traders betting Bitcoin will drop, lost over $361 million in Binance, OKex, and BitMEX.

The biggest single liquidation request occurred on Bitmex-BTC esteemed at $10 million.

What this implies: The mass liquidation of such crypto possessions, as per information recovered from Glassnode demonstrated that such happened before the lead crypto acquired than $7,000 for the day as the world’s most important vehicle organization, Tesla unveiled that it purchased about $1.5 billion of the crypto resource in January and expected to begin tolerating it as a type of installment later on.

Crypto savants met are saying that a market amendment may come after the present bullish move. Notwithstanding, the bullish pattern at present in play is by all accounts building up speed, to a great extent because of the high presence of institutional financial backers like Tesla, Microstrategy

That being said, it’s critical to take note of that crypto exchanging displays a lot of danger

A little while back, the United Kingdom’s driving monetary controller, Financial Conduct Authority, as of late gave a piece of harsh exhortation on crypto ventures.

The assertion featured the dangers related with putting resources into Bitcoin and other driving crypto resources and cautioned general society there were high possibilities every one of their assets could be lost;

“The FCA knows that a few firms are offering interests in crypto resources or loaning or ventures connected to crypto resources, that guarantee exceptional yields. Putting resources into crypto resources, or ventures and loaning connected to them by and large includes facing high challenges with financial backers’ cash. On the off chance that buyers put resources into these sorts of items, they ought to be set up to lose all their cash,” it expressed.

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Video: Mojisola Oduola -Kabiyesi

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At last the long awaited video is out . KABIYESI The unquestionable God.

watch and make sure you subscribe to my YouTube channel. May God bless you as you do so.

This will surely serve as my birthday gift from my love ones.
Click on the link below

CLICK TO DOWNLOAD

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Funny tweets, memes and videos from Twitter NG for “Happy 420”

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Today’s date, April 20, stylised as 4/20 is a day worldwide commemorated by stoners or smokers of weed to celebrate marijuana. In short, it is treated as a public holiday for weed/marijuana and termed—Happy 420.

Twitter NG i.e users of Twitter in Nigeria, as it is the yearly custom are trending “Happy 420” as the number one topic in the country. While many really used the medium to share their unwavering love for weed, others have taken it upon themselves to make funny tweets, memes, skits and share several videos in relation to weed smoking and “Happy 420” as an entity.

While some tweeps take jab at those who don’t smoke weed but indulge in the “woke” culture by wishing stoners a “Happy 420”, others in their own way intentionally misinterpret certain scriptural verses for comedic purpose in order to aid and bait their smoking habits, still others take it upon themselves to disperse various memes which for sure will bring a smile upon your face. That’s not all, though, for we have some tweeps who did brainstorm to form some of the best puns concerning weed and stoners jokes ever. Well we can say irrespective of the way they passed their message regarding “Happy 420”, they all ended on a high note. Enjoy!

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FG to extend fuel subsidy for 6 months

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The Nigerian Government may have suspended plans to end its subsidy payments as reports indicate that the FG plans to spend N720 billion for the next 6 months on Premium Motor Spirit (PMS) subsidies.

This was disclosed in an exclusive report by The Guardian on Sunday, citing that President Muhammadu Buhari ordered that the subsidies remain in place for the next 6 months.

“Specifically, President Buhari has asked the Nigeria National Petroleum Corporation (NNPC) to suspend any idea on subsidy removal for five to six months so that a plan that does not harm ordinary Nigerians is evolved if the deregulation must go on,” a Government official said.

What you should know

NNPC GMD, Mele Kyari disclosed last month that the “NNPC may no longer be in a position to carry that burden because we cannot continue to carry it in our books,” after reports of fuel imports under-recovery revealed the FG was spending N120 billion a month on subsidy.
Kyari also hinted that they may soon start selling PMS at market prices saying: “NNPC importing PMS at market price and selling at N162/L. The actual market price should be between N211 and N234/L. Meaning is that consumers are not paying the market price.
“NNPC is currently the sole importer of PMS, and we’re trying to exit the underpriced sale of PMS. Eventual exit is inevitable, when it will happen I cannot say, but engagements are ongoing because the government is cognisant of the implications.”

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