Bitcoin
Bitcoin volumes in Nigeria continue to rise due in large-part to policies restricting the use of traditional remittance platforms. As a result of this and other factors, the nation's adoption of Bitcoin continues to grow. Nigeria Remittance Restrictions Gives Bitcoin Boost Data from Coin Dance shows that trading
Bitcoin
Regional reports from China show that Bitcoin miners in the South of the country have experienced significant issues as coal prices have risen in the mainland due to port restrictions. Chinese Bitcoin Miners Lose Electricity Regional reports assert that the Chinese government has not been allowing coal carrier into ports
Africa
Nigerian-born US NFL player - Russell Okung has converted and received half of his $13 million salary in Bitcoin. About 20 months and a 273% price increase after he first tweeted "Pay Me In Bitcoin" Okung has become the pioneer national football league player to be paid Bitcoin.
Bitcoin
Popular trader - (@PeterLBrandt) who called the timing of Bitcoin's price dump in January 2018, has again shared his thoughts on the number one cryptocurrency via Twitter. Peter Brandt who maintains that Bitcoin is in its parabolic phase, has posted a chart indicating that BTC could rise as
Bitcoin
This year 2020, the number of companies who invested in Bitcoin grew significantly, and following the bull run these corporations now own over $30 billion in BTC. Coming into the year, investing in cryptocurrency by companies sounded a little weird but that narrative soon changed as a number of firms
Bitcoin
Bitcointreasuries.org reveals holdings by different companies of over 1.1 million in BTC worth over $30 billion. The huge stash of Bitcoin reserves held by well known companies began increasing after billion-dollar firm Microstrategy purchased $250 million in Bitcoin in August. Traditional Investors Look to BTC A significant number
Bitcoin
The $7.8 trillion fund manager, BlackRock Financial Services Inc., seems poised to grow its blockchain and digital asset footprint. BlackRock Hires for Blockchain Leadership Team The organization is hiring for the position of vice president, blockchain leadership for its New York office, according to a new job posting. The
Bitcoin
According to Russia's central bank, the emergence of digital assets could fundamentally change finance and the way money moves around the world. Russia Central Bank Talks Future of Finance Olga Skorobogatova, First Deputy Governor of the Central Bank of Russia (CBR), says a total of around 30 central
Bitcoin
With 60,215 Bitcoin worth $566 million traded over the last five years, Nigeria is ranked as the number 2 Bitcoin market in the world. From the beginning of May 2015 to the middle of November 2020, the trade of Bitcoin in Nigeria rose by at least 19% on an
Bitcoin
Kevin O'Leary tells investors to be careful glorifying Bitcoin. He suggests that the apex cryptocurrency is yet to fulfil a defined role in financial markets and that there are significant regulatory risks that could negatively affect the market in the future. Kevin O'Leary Speaks on Bitcoin
Bitcoin
Bitcoin surpassed the $25,000 mark to trade at $25,890 as the cryptocurrency market capitalisation reached $665 billion. At the time of writing, $11.6 billion in trading volume was reported for BTC trading pairs. Bitcoin Rises to $25,890 Bitcoin is up over 6% for the week, 48%
Africa
With a market value of $468 billion, Bitcoin has outmatched the value of Nigeria's Gross Domestic Product (GDP) after reaching a price of $25,000. Nigeria's GDP is $448.1 billion, the largest of any country in Africa. Bitcoin Market Bigger than Nigeria's Economy