Crypto Traders Cautious as Meme Coins Surge and Nigeria Cracks Down
• Ether options traders bracing for potential near-term price weakness based on market indicators
• El Salvador's bitcoin holdings have generated $84 million in unrealized profit since original purchases starting in 2021
• Two Binance executives detained in Nigeria for past two weeks amid government accusations and $10 billion penalty demand
• Dogecoin has hit a two-year high, breaking out of long-term base pattern in a potential trend shift
• Rise of meme coins like Dogecoin seen as sign of speculative frenzy, often marking market tops