Education & News
NairaEx has earned a reputation as Nigeria’s leading cryptocurrency exchange. Nigerians depend on it to buy and sell Bitcoin using methods that are safe, secure, and fast. Thus, it comes as no surprise that over the years, more people have looked to NairaEx to lead them through the decentralized
Education & News
Reddit has introduced a new way to trade its MOON token for Reddit coins which presents a secondary market for cryptocurrency. Users on the platform may be able to trade MOON for DAI through third-party exchanges, with prices between 5 to 10 cents. Reddit MOON and Secondary Market for Cryptocurrency
Education & News
Stephen S. Roach, an economist and former chairman at Morgan Stanley Asia, recently made a prediction about the future of the U.S. dollar which could prove beneficial for the price of Bitcoin. Future of U.S. Dollar and Bitcoin Price According to Roach, the dollar fell by 4.3%
Bitcoin
A new trending post on social platform- Reddit has seen members hotly debate on the possibility of Bitcoin ever hitting $100,000. Over the course of 2020, a number of Bitcoin analysts and traders have predicted that the number one cryptocurrency could reach six figures in coming years, with prices
Bitcoin
The President of Venezuela Nicholas Maduro has again revealed that his government is seeking potential ways to curb the effect of sanctions. Maduro while presenting a new bill, said he intends to shield the country from the impact of U.S sanctions placed by the Trump administration. He notes that
Bitcoin
Venezuela has its first Bitcoin Satellite Node which is capable of processing BTC transactions without an internet connection. The Venezuelan "Space Node" as it is called, uses technology from Blockstream (EUTELSAT-113) to broadcast transaction data between points via offline connections. The initiative was launched by cryptocurrency firm -
Bitcoin
Bitcoin (BTC) has set a new record of 63 days above $10,000, making its longest consecutive days above the price mark. This new run eclipses the previous record of 62 days set between December 2017 and January 2018 after its massive rally to an all-time high price of $20,
Education & News
A study by Cambridge Centre for Alternative Finance (CCFAF) shows that 39% of Bitcoin and other proof-of-work cryptocurrency assets run on clean energy. This presents an increase from 28% recorded in the previous study from 2018. Bitcoin Assets Powered by Clean Energy The ‘3rd Global Cryptoasset Benchmarking Study’ shows signs
Bitcoin
An increasing number of people buy and sell Bitcoin in Nigeria. The cryptocurrency is used for different purposes to make people's lives easier. More Nigerians than ever are using Bitcoin to make financial transactions and preserve their wealth. More People Buy and Sell Bitcoin in Nigeria Nigeria experiences
Blockchain
A study by the University of Cambridge records 101 million cryptocurrency users worldwide. The study provides details on the growth of the industry, mining, off-chain activity, user behavior, security, and regulation. Bitcoin Popular with Exchanges Bitcoin remains popular with exchanges, payments, and storage service providers. This is due in part
Bitcoin
Experts are calling for the SEC and CBN to give clearer directives on cryptocurrencies in Nigeria. With more comprehensive regulation created by authorities in the nation, the adoption of cryptocurrency in Africa’s biggest economy could increase even more. Regulating Cryptocurrencies in Nigeria According to former Secretary General, Independence Shareholders
Africa
While institutions and financial players globally are working on digital currency initiatives and expanding services to cryptocurrency startups; Nigerian banks have maintained a rigid stance with regards to cryptocurrency, and seem very uninterested in learning or partnering with Bitcoin or crypto-related exchanges. This current unfriendly relationship could be first attributed