Tag: Bitcoin

Bitcoin Hits $115K Amid Growing Derivatives Market Activity

  Bitcoin trades above $115,000, marking a two-week high Investor interest in derivatives drives the surge despite weak spot demand U.S. inflation data and Fed policy expectations contribute to crypto…

Sodiq Olaitan

Cryptocurrency Investment Mistakes to Avoid in 2021

Cryptocurrency has gained worldwide recognition in the finance sector, especially in the past year despite the many uncertainties that came with 2020. The tremendous growth the crypto industry saw in…

Daily Report

Breaking: Nigeria Bans Cryptocurrencies, Orders Banks to Close Accounts of Traders

The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to close customer accounts used in trading cryptocurrencies and other related transactions. In a circular making the…

Daily Report

CBN Explains What Cryptocurrency Ban Means For Nigerians, Banks

The Central Bank of Nigeria has explained the reason behind the recent embargo on cryptocurrency trading in the country, as well as those affected by it. This is even as…

Daily Report

El Salvador is First Country to Approve Bitcoin as Legal Tender

Central American nation, El Salvador is set to adopt leading cryptocurrency, Bitcoin as a legal tender. This was declared by El Salvador's President, Nayib Bukele, making it the first nation…

Daily Report

Man Loses His Entire ‘$500,000’ Savings In Cryptocurrency After Trader Died With Password

A man has narrated how he lost all of his life savings after investing the entire amount with a cryptocurrency trader who died in 2018. The man identified as Tong…

Daily Report

Central African Republic Adopts Bitcoin As Legal Currency

The Central African Republic has adopted bitcoin as legal tender, becoming the second country in the world to make the move after El Salvador. According to a statement from the…

Daily Report

BREAKING: Bitcoin Hits New All-Time High of $69,170.63

On Tuesday afternoon, the world's most popular cryptocurrency, Bitcoin, achieved an impressive milestone by reaching an all-time high price of $69,170.63. The $69,170.63 rise surpasses the previous record set in…

Bitcoin Soars 28% to Record High After Trump’s US Election Win

Bitcoin has surged to an all-time high, jumping 28% to close at $88,701 on Monday, following Donald Trump’s victory in the United States presidential election last week. The digital currency’s…

Bitcoin Surges to $90,000 Mark as Trump Signals Eased Crypto Regulations

Bitcoin reached an unprecedented milestone on Wednesday, surpassing the $90,000 mark for the first time in history, driven by growing investor optimism following President-elect Donald Trump’s support for cryptocurrency. The…