Bitcoin

Data from blockchain analytics firm, Glassnode, reveals that investors exited bitcoin positions worth a record $7.3 billion over the past few days, amounting to the biggest U.S. dollar-denominated losses in the asset’s history. Realized…

The exchange rate between the naira and the US dollar closed at N414.73/$1 at the official Investors and Exporters (I&E) window. Naira appreciated against the US dollar on Thursday to close at N414.73/$1, representing a 0.09% gain…

Bitcoin mining has fully recovered since the Chinese crypto crackdown earlier this year, which effectively shut down more than half of the world’s miners overnight. Although Bitcoin mining recovered, the price of the bitcoin still…

The President of El Salvador, Nayib Bukele took to Twitter to announce that his nation has bought the dip to the tune of 100 BTC, amid market sell-offs exasperated by a new strain of the COVID-19 virus, which is reportedly…

The President of El Salvador, President Nayib Bukele, in a Saturday night presentation at Bitcoin Week, revealed that the nation plans to build an entire city based on the trillion-dollar cryptocurrency asset, naming it, ‘Bitcoin City.’…

President Nayib Bukele of El Salvador has proven to be resilient when it comes to dip-buying as he took to Twitter to announce that the Latin American nation has bought an additional 420 BTC on the day bitcoin’s price fell below the $60,000…

The first bitcoin-linked exchange-traded fund in the United States today debuted on the New York Stock Exchange, presenting new investment opportunities for holders of brokerage accounts. Though the offering, called the ProShares Bitcoin…

The Economic and Financial Crimes Commission (EFCC),  Nigeria's leading Anti-Graft Agency, has raised the alarm over fraudulent Investment Schemes in the country, while warning Nigerians to be wary of such scams. (The EFCC is…

Turkish authorities say four people linked to the cryptocurrency platform Vebitcoin have been arrested, accused of fraud. Hours earlier, the company abruptly announced it had ceased operations, citing financial strains. Officials also…

The Nigerian crypto community recently received a shocker when CBN released a circular warning financial institutions to desist from dealing or facilitating payments for cryptocurrency. Many young Nigerians who engage in crypto showed…