Business

Tuesday, 14th September 2021: The exchange rate involving the naira and the US dollar closed at ₦412.08/$1, at the state Investors and Exporters window. Naira appreciated contrary to the US dollar on Tuesday, to close at ₦412.08/$1 as against the ₦412.75/$1 ...

One early cryptocurrency entrepeneur thinks Elon Musk lacks moral consistency when it comes to his management of Bitcoin. The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon ...

See the time it took other assets to reach a $1 trillion market cap. It turned out Bitcoins is the father of all assets as it took just 12 years to hit 1Trillion in the total market cap. Guess, the ...

A French parliament member has signed a petition to amend the laws allow the central bank of France to purchase and hold bitcoin along with other cryptocurrencies. The petition urges lawmakers to urgently consider the situation, warning that not owning ...

Something an economic racist shares in common are the racist ideology and it does not matter if that person is an African or a Caucasian. ‘Racism is the father of Tribalism and Barbarism” according to Balogun. One could say in ...

Bitcoin reached a new all-time high of $50,601.35 Tuesday morning, just days after breaking above $48,000. The cryptocurrency’s latest pop pushes 2021 gains to 69%.Over $400 million in bitcoin futures have been liquidated over the past 24 hours, according to ...

The Central Bank of Kenya has announced an ambitious plan to switch to Bitcoin as a blanket move to solve thousands of problems facing the country. Noting that systemic fiscal and monetary challenges had made it hard for Kenya to ...

Nigeria’s central bank has prohibited commercial banks from providing account services to crypto exchanges. The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country. The prohibition was ...

I made my first BTC purchase around the end of 2014. The price was a little over $300 and it was trending slowly down. (I vaguely remember a very short-term dip into the $100s during 2015. Feel free to verify.) ...

So this is the bigger picture that matters the most. Looks like massive $BTC OTC deals are still on-going. Only 5% of the network transactions are used for exchange deposits/withdrawals. Current institutional buying is just a start. Analyst: Ki Young ...