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Tag Archives: Business Gist

bitcoins

Bitcoin (BTC) Bounces Back After Rebound From Support

Bitcoin (BTC) bounced considerably on Sept 14, making a bullish engulfing candlestick in the process. This caused a breakout from the short-term parallel descending channel. BTC has become approaching the $47,850-$49,050 resistance area. Bitcoin bounces After reaching a low of ...

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BTC to naira rate

Naira on a free fall to record ₦561/$1 at parallel market as demand pressure worsens

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 ...

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Bitcoins vs stocks

More countries to follow El Salvador’s Bitcoin move, Cardano creator says

El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes. Following El Salvador’s historic adoption of Bitcoin (BTC) as legal tender on Tuesday, Cardano founder Charles Hoskinson predicted that a lot more countries ...

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enaira cbn

Things You Need To Know About E-Naira

The Central Bank of Nigeria (CBN) introduced e-Naira after the ban on Cryptocurrency. It is a form of digital currency that allows exchange between people online. CBN banned the use of cryptocurrency because it is not being issued by a ...

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2020 percentage of crypto users

Nigeria: Meet the nearest future global Economic superpowers – Max Keiser

Bitcoin (and only BTC) separates money from state. This was never possible before. We’re seeing what this means in real time. Max Keiser tweeted the qoute above and also shared to his followers ‘The new global superpowers’. The countries on ...

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keke Driver Accepting Bitcoins

Photo of Indian Keke Driver Accepting Crypto as Payment Drives Netizens Crazy

In 2018, cryptocurrency was banned by India’s central bank, the Reserve Bank of India (RBI). However, in May 2020, the Supreme Court reversed the RBI decision stating that there were no grounds for placing a ban on cryptocurrencies. Within weeks ...

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ELon

Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments

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 ...

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jp morgan

JP Morgan Launches Bitcoin Fund For Rich Clients After Years Of Bashing Crypto

Ever since JP Morgan CEO Jamie Dimon first denounced bitcoin waaaaay back during the heady crypto-rally of 2017 (shortly before we revealed that JP Morgan’s asset-management arm was seemingly buying the dip on behalf of its wealthy clients via a ...

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bitcoin dominance

What is Bitcoin dominance?

Bitcoin dominance currently sits at 61%. On January 13, 2018, Bitcoin dominance hit an all time low of 35% What is bitcoin dominance? Bitcoin dominance is bitcoin’s marketcap dividend by the marketcaps of all cryptocurrencies combined. It shows how much value ...

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Ifa bitcoins

Solving the Economic Puzzle; Is this why Bitcoin was created by a Japanese Poseidon Satoshi Nakamoto?

I was just minding my business as usual, reading random posts on Facebook then someone shared this post about how Japan should be used as a case study. He wrote: ‘Japan is a case in point. No nation uses a foreign ...

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