Bitcoin
With United States citizens set to receive a second stimulus package, we take a look at how much the first $1,200 sent in April 2020 would have been worth if invested in BTC. The US government had sent stimulus cash to citizens in the wake of the COVID-19 pandemic
Africa
Rapper Jay-Z and Twitter CEO Jack Dorsey have announced a new Bitcoin Fund to focus on the cryptocurrency's adoption in Africa and India. According to a Tweet by Dorsey, the pair will invest 500 Bitcoin ($24 million) at today's prices to the endowment fund labelled ₿Trust.
Africa
The recent move by the Central Bank of Nigeria to ban cryptocurrency transactions and exchange trading has met opposition by members of the Senate who have now invited the agency for an explanation. Following its sitting on Thursday, the Senate resolved to invite the CBN and the Nigeria Securities and
Bitcoin
08 February, 2021 - A recent filing with the United States Securities and Exchange Commission (SEC) indicates that Tesla has bought $1.5 billion worth of bitcoin (BTC). According to an official announcement by Tesla, the company says it has purchased bitcoin for "more flexibility to further diversify and
Blockchain
Ethereum (ETH) - the second cryptocurrency by market cap hit a new all time-high price above $1,500 on Feb. 2 after gaining 12% in 24 hours. The new price high is pitched to be an effect of the growth in the DeFi industry which is based on the ETH
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,