Bitcoin broke a new high of $71,415, three days after Ether breached the $4,000 mark for the first time since 2021. Bitcoin reached a new all-time high of $71,415 on March 11, after rising 2.62% in the 24 hours leading up to 08:05 am UTC. The world’s first cryptocurrency rallied over 10% during the past […]
The last time Bitcoin traded at similar levels was in November 2021, before correcting from its all-time high of $68,789. Bitcoin, the world’s first cryptocurrency, rose 3.79% in the 24 hours leading up to 8:20 am UTC, to trade at $58,504, for the first time in two years and three months. $59,343 is up over 13.5% […]
Bank of Russia Plans to Use Crypto for Cross-Border Deals The Bank of Russia is working on a bill that will introduce an “experimental legal regime” for cryptocurrencies to be used exclusively in export-import deals. The head of the regulatory agency, Elvira Naiullina, stated that the central bank’s plan includes creating special organizations that will be charged […]
Cash withdrawal restrictions imposed by the Central Bank of Nigeria (CBN) have caused a shortage of physical cash in the country, prompting citizens to look for alternative solutions. As most banks and ATMs are unable to dispense new notes, Nigerians have turned to Bitcoin, which has gained popularity as a solid store of value and […]
Bitcoin (BTC) has seen an exponential increase in demand in Nigeria as the country’s central bank encourages the population to switch to digital cash. As a result, the price of Bitcoin has escalated tremendously above global market levels. The cost of one Bitcoin on Nigeria’s Crypto exchange NairaEx is currently trading at around 17.6 million Naira, Nigeria’s […]
Bitcoin dropped below $20,000 on Monday as investors dumped risk assets after the Federal Reserve affirmed its commitment to an aggressive tightening path. The world’s largest digital currency tumbled 5% from Friday’s close to hit a low of $19,526 overnight, a level unseen since July 13, according to Coin Metrics data. Other major digital tokens also […]
It has been a season of sell-offs in the fast-evolving market. According to CoinMarketCap, the combined market capitalization of all cryptocurrencies has fallen below a trillion dollars, indicating that the market is firmly immersed in “crypto winter.” Bitcoin was trading around $23,200 at press time, down 16% for the day. Ether (ETH), the Ethereum blockchain’s […]
The price of bitcoin has hit a new all-time high on Tuesday, continuing a record-breaking rally that has pushed the overall crypto market close to $3 trillion. Ethereum (ether) also saw a fresh price peak, while Cardano (ada) and other major cryptocurrencies experienced a significant surge overnight. The $3 trillion crypto market cap is now worth more than […]
El Salvador has become the first country to accept Bitcoin as legal tender in a move that has got the nation and the world debating the opportunities and dangers of cryptocurrency. From today, businesses will be obliged where possible to accept the controversial digital coins as payment. Millions of people are expected to download the […]
Bitcoin hit $50,000 on Sunday to reach a more than 3-month high, as the cryptocurrency continues to rebound. The digital coin rose above that level around 10:40 p.m. ET on Sunday, according to data from CoinDesk. It was trading at around $50,095 at 2:45 a.m. ET on Monday. Bitcoin hit an all-time high of over $64,000 […]
Ubong Abasi
