Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and sending traders into a huge panic.The world’s most popular cryptocurrency plummeted below $59,000 following the “flash crash”.This is a huge drop of more than $5,000 from the levels it was trading at just a few days ago.It comes a...
Tag: bitcoin
Amid CBN Ban, Bitcoin Hits Record High Above $43,000
Bitoin has appreciated in value by trading at a record $43,000 on Monday. The latest rise happened after electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $43,725.51 around 1300 GMT, before cooling slightly to $42,352. The cryptocurrency is up around 50 percent since the start of the year. Recall that the...
What The New CBN Directive Means For Crypto Trading In Nigeria
There is no denying the fact that the new directive by the Central Bank of Nigeria (CBN) directing financial institutions to close accounts of crypto traders may have come to many as a huge surprise. However, this is not the first time the apex bank has issued a statement on crypto trading in the country....
Davido Reveals Plan To Start Bitcoin Trading Company
Popular Nigerian artiste, Davido has revealed plans to start a company dealing in the trending Bitcoin Cryptocurrency. Taking to his Twitter page, the singer posted that he is seriously contemplating starting a Bitcoin company. He Wrote: “Thinking of starting a Bitcoin trading company … let’s see ..” This is coming at a time when many...
Bitcoin Records Biggest Daily Loss, Sheds More Than Half Of Its Value
Millions of people who invested in cryptocurrency, Bitcoin have suffered a huge loss after the flagship crypto suffered massive loss early Friday. It shedded almost all the gains it recorded in 2020, as it suffered its largest daily drop since the market crash of March 2020. According to Nairametrics, some crypto experts posit that such...
Ex-Real Madrid Striker, Becomes First-Ever Footballer to be Bought With Bitcoin (Photo)
David Barral has made history in the world of football by become the first player to be bought with bitcoin, a virtual currency. The history was made after the former Real Madrid striker was bought by Spanish third division side, DUX Internacional de Madrid, simply known as Inter Madrid. The 37-year old revealed that the...