Bitcoin
The year 2020 started very eventful in the cryptocurrency space with investors and traders very enthusiastic to see what the year holds in terms of price and development of the industry. Here, we take a look at four (4) major stories that created a buzz in January 2021. Bitcoin Set
Bitcoin
A popular YouTuber, Mambafx, published a video of himself turning $16,000 Bitcoin into cash. The video shows the YouTube star withdrawing Bitcoin from multiple Bitcoin ATMs. YouTuber Withdraws Cash from Bitcoin Account In the video, Mambafx tries to show how difficult it can be to cash out $5,000
Bitcoin
The founder of one of the world’s biggest hedge funds has described Bitcoin as unhackable. Ray Dalio, the founder of Bridgewater Associates, called the cryptocurrency unhackable and stated that he was considering it as an investment for some new funds. Dalio Impressed with Unhackable Bitcoin Dalio considered the length
Bitcoin
Bitcoin and the blockchain markets at large have the ability to establish a modern electronic value storage standard that could replace gold, the Bank of Singapore says. Bitcoin to Replace Gold Mansoor Mohi-uddin, chief economist of the bank, told The National News that emerging digital assets must survive a range
Africa
Technology continues to eat up traditional infrastructures at a rapid rate. In Nigeria, the proliferation of Bitcoin technology gives rise to new opportunities for financial inclusion. Nigeria Takes a New Turn for Financial Inclusion with Bitcoin Nigeria was strongly reliant on the conventional banking paradigm for financial services and transfers
Bitcoin
Over the past few days, stocks such as GameStop, Blockbuster, and AMC have made unexpected gains as a result of Reddit users in the r/WallStreetBets subreddit triggering a stampede toward stocks being heavily shorted by institutional investors. The upward movements of GameStop stocks have brought about a renewed sense
Bitcoin
The latest report by Grayscale Investments with the U.S. Securities and Exchange Commission (SEC) shows that the company has purchased a total of $1,276,147,151 worth of Bitcoin (BTC). According to its January 21 report, the company has issued 37,036,200 GBTC shares and acquired 35,
Africa
For Nigerians looking to improve their profits, learning to trade with bitcoin has become a valuable skill set. Nigerians With Bitcoin Achieve Social Advancement Nigeria is a big but economy that boasts of having the world's largest population of black people in the world. Its size and oil
Bitcoin
U.S-based software company - Sequoia Holdings LLC is allowing its workers get paid in Bitcoin (BTC). According to an official announcement, the company will also offer employees the option to get paid in Ethereum (ETH) and Bitcoin Cash (BCH). Richard Stroupe, CEO of Sequoia Holdings notes: "We'
Bitcoin
The price of Bitcoin fell by 11% on Thursday to its lowest level in three weeks. The drop in price was caused by a report which suggests that double spending occurred on the blockchain. Signs of Double Spending Event on Bitcoin Blockchain Double spending occurs where someone spends money in
Bitcoin
David Barral - a former Real Madrid B and Levante striker has become the first-ever player to be purchased using Bitcoin. The 37-year old signed a deal with Segunda B side DUX Internacional de Madrid in a deal completely financed via the number one cryptocurrency. Although details of the amount
Africa
Once again, Nigeria shows the world why it is a Bitcoin capital, topping Google rankings for searches of Bitcoin. The nation has a score of 100 on the search platform, double that of its nearest rival. Nigeria's Youth Boost Its Google Rankings for Bitcoin A combination of different