China has accused the US of stealing 127,000 Bitcoin (BTC) worth more than $13 billion. The LuBian mining pool hack in 2020 is the main focus of the claim. Approximately 127,426 BTC, or almost $3.5 billion, were removed from the ...
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scully009 Comments Off on China accuses the United States of stealing $13 billion worth of 127,426 Bitcoin.
China has accused the US of stealing 127,000 Bitcoin (BTC) worth more than $13 billion. The LuBian mining pool hack in 2020 is the main focus of the claim. Approximately 127,426 BTC, or almost $3.5 billion, were removed from the ...
Read More »scully009 Comments Off on Nigerian Senate Approves Major Borrowing Plan to Fund 2025 Budget
The Nigerian Senate has approved President Bola Tinubu’s proposal to secure over $21 billion in external financing to cover the country’s 2025 budget deficit. The request was first submitted to Parliament back in May. According to Senate Appropriations Committee Chairman ...
Read More »scully009 Comments Off on Ancient African Steel: Forging Ahead of Europe by Two Millennia
Long before the Industrial Revolution and the famous steel mills of Europe, ancient African civilizations were mastering the art of steelmaking with astonishing skill and innovation. Around 2,000 years ago, communities in regions such as present-day Tanzania and Nigeria were ...
Read More »scully009 Comments Off on Over $3 billion in Bitcoin and Ethereum options are scheduled to expire today.
Today marks the expiration of $3.12 billion worth of Bitcoin (BTC) and Ethereum (ETH) options, which might have an effect on market patterns. Market observers are eager to see if the expiry of Bitcoin’s theoretical value of more than $1 billion would affect the price, as it is still below the $100,000 barrier. Deribit data indicates that there are 26,251 Bitcoin options that are about to expire, with a notional value of $2.56 billion. With a put-to-call ratio of 0.57, buy options (calls) are more common than sell options (puts). For these options, the price at which the largest number of holders will experience financial losses is $99,500, which is the ...
Read More »scully009 Comments Off on Dangote Refinery lowers petrol price to ₦890
The Dangote Petroleum Refinery has lowered the ex-depot price of Premium Motor Spirit (PMS), also called petrol, from ₦950 to ₦890. On Saturday, the company announced that the price reduction will begin on Saturday, February 1, 2025. “This strategic adjustment ...
Read More »scully009 Comments Off on Bitcoin breaks through $100,00 for first time ever, market cap hits $2 trillion
Institutional interest in digital assets grows as spot Bitcoin ETFs gain approval and market dynamics shift.Key Takeaways The approval of spot Bitcoin ETFs is facilitating regulated institutional investment in digital assets. Bitcoin reached $100,000 for the first time, increasing its ...
Read More »scully009 Comments Off on 🇳🇬 Nigeria’s Economic Growth Quickens to 3.46% Y/y in Q3
Nigeria’s economy grew 3.46% year on year in the third quarter of 2024, quicker than in the first two quarters of this year, statistics agency data showed on Monday. Despite the pickup in economic growth, from 3.19% in the second ...
Read More »scully009 Comments Off on Bitcoin surpasses Silver in Market Cap
Bitcoin has surpassed silver in market cap but is still just 1/5 the size of natural gas. The goal is to be the GOAT. No 1.
Read More »scully009 Comments Off on Ghana honours monarch’s silver jubilee with crypto stamps linked to NFTs
Ghana’s national postal service has taken the silver jubilee of its king’s coronation to a new level by creating crypto stamps linked to unique nonfungible tokens (NFT) that are verifiable over the blockchain. This move will enshrine the memory of ...
Read More »scully009 Comments Off on Nearly 200K BTC have been absorbed by the 9 spot ETFs since January 11, 2024!
For some, this is something Bullish. For others, this may pose a major risk for the Bitcoin revolution, because so many BTC will no longer be usable in P2P for everyday payments. Regardless, this figure should be put into perspective ...
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