Tag Archives: Business Gist

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...