Bitcoin and other cryptocurrencies were established to bring about a new and secure means of transaction, free from bankers and brokers. But, as this technology becomes more popular across the world, many people are now becoming uneasy with the idea of being the only ones with access to their online investments. Investors are realizing that […]
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Bitcoin was predicted to close at $20,000 before the end of 2020 as far back as June 2020 and on October 25, 2021, it traded at $62,674.13 on most crypto exchanges. One of the earliest investors in cryptocurrency is a Norwegian who bought 5,000 BTC for just $27 several years back and is now one
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Bitcoin hit $61,183 (NGN34,989,273.30) for the first time in six months on Friday, October 15, 2021, as the United States’ body language shows that it may approve the launch of an exchange-traded fund based on its futures contracts. Usually, policies of major economies like China, USA, South Korea, Japan determine how the market reacts. For
The price of Bitcoin has spiked to NGN33,777,567.30, a few weeks after China announced the ban of cryptocurrency, although it reacted to the shock, it was momentary. Also, the new spike may also be as a result of a report by Bloomberg that the U.S. Securities and Exchange Commission didn’t oppose the launch of a futures-based Bitcoin exchange-traded fund
Bitcoin Price Reaches NGN33.7Million/BTC ($59,297.19) In Nigeria Read More »
No one takes China’s cryptocurrency ban seriously anymore. In less than 10 years, the country has a history of five bans. It doesn’t look like its September 24 decision was the final because there are some platforms that enable transactions with little or no restrictions. Unlike 2013 when bitcoin experienced a massive tumble after authorities
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One of the cardinal reasons why peer-to-peer exchange (P2P) came into place is go give everyone the freedom to buy and sell cryptocurrency by removing the limitation that might have been put place by the government authorities. As if the brain behind P2P had seen the future or possibly what might come from the government,
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Nigerians have traded at $8,761,051BTC on two major Peer-to-Peer (P2P) platforms LocalBitcoins and Paxful even as the Central Bank of Nigeria continues to block financial institutions from facilitating all transactions involving bitcoin and other cryptocurrencies. At the time of this report, 1BTC was N25,300,491.36 on Paxful and $48,960.56 on coinmarketcap. While Helsinki-based peer-to-peer bitcoin marketplace
Residents of the United Kingdom can now buy and sell cryptocurrencies starting this week, a press release by the global payment platform said Monday, August 23, 2021 The announcement is the first international expansion of PayPal’s cryptocurrencies services following the launching of the same system in the United States early this year. With over 403 million active accounts globally, the California-based
UK Residents Can Now Use PayPal To Buy and Sell Cryptocurrencies Read More »
Bitcoin crossed $50,000 (N25,999,830.26) on Monday, August 23, 2021 for the first time since May. It made a significant come back rising sitting at $50,348.73 at the time of publishing this report. Live price chat monitored on coinmarketcap showed that it gained 2.44% in the last 24 hours while it made 6.86% gain in the last
Bitcoin Price Crosses $50,000 for First Time In 3 Months Read More »
There are several platforms where you can conveniently exchange gift cards for Bitcoin and in your local currency. Some of them include Bidali and Crypto Voucher among others. During “ember months”, you’ll get gift cards for shopping from your relative or business partner. When they send gift cards to you, how do you convert them
18 Platforms To Trade Gift Cards With Bitcoin And Cash in Nigeria Read More »
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