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Tag: Bitcoin

Bitcoin will be mined, minted, made in US – Trump

Posted on July 29, 2024

The Republican nominee is seeking support from an industry frustrated by US regulations. “The Biden-Harris administration’s repression of crypto and bitcoin is wrong, and it’s very bad for our country,” Trump said…

Bitcoin now $69,000

Posted on March 6, 2024

THE price of Bitcoin, on Tuesday, hit an all-time high, after crossing $69,000. Bitcoin traded at $69,191, surpassing its previous record of $68,991, reported in November 2021. However, shortly after the price…

Bitcoin dormant for 11-years surfaces amidst crypto crisis

Posted on November 15, 2022

As the world woke up to the crash of FTX, a crypto exchange platform based in the Bahamas, about 3,500 dormant bitcoins from a wallet created on October 7, 2011, moved for…

Elon Musk’s Tesla Offloads N580.3 Billion Worth of Bitcoin

Posted on July 21, 2022

Elon Musk-owned electric car maker, Tesla offloaded about N380.230 billion worth of bitcoin in the second quarter of 2022, according to Coin Desk. According to Tesla CEO, Elon Musk, the company sold…

Bitcoin Tumbles to 18-Month Low as $200 Billion Wiped Off Crypto Market

Posted on June 13, 2022

Bitcoin, the world’s largest crypto by market cap, has dropped 12 per cent to $24,138. According to CoinMarketCap, the price of bitcoin stood at $24,063 on Monday at 11:00 GMT+1. On June…

Nigeria among 44 countries meeting in El Salvador to discuss Bitcoin– Report

Posted on May 16, 2022

Nayib Bukele, president of El Salvador, has announced a meeting of 44 countries to discuss Bitcoin and several topics.   The meeting will take place in El Salvador today.   The president…

Bitcoin slumps as China bans all cryptocurrency transactions

Posted on September 24, 2021

The Chinese government has intensified its crackdown on cryptocurrencies by declaring that all crypto-related transactions are “illegal”. On Friday, Bitcoin fell by 5.49 percent to about $42,000, while ethereum slumped by 7.71…

CBN’s proposed digital currency vs Bitcoin: What you need to know about eNaira

Posted on August 5, 2021

The Central Bank of Nigeria (CBN) has announced that it will launch the pilot scheme of its digital currency (eNaira) by October 1, 2021. Rakiya Mohammed, CBN director of information technology, had…

Bitcoin Rises Above $40,000 In Mid-June

Posted on July 28, 2021

The world’s largest cryptocurrency, Bitcoin by market capitalisation surged above $40,000 for the first time since mid-June. According to data obtained from coinmarketcap.com, the price of the cryptocurrency traded 7.1 percent higher…

Jeff Bezos’ Amazon Denies Plan to Accept Bitcoin From Clients

Posted on July 28, 2021

Bad news for bitcoin investors as Amazon denied the claim that it is planning to incorporate cryptocurrency as a payment option to its eCommerce business. Bitcoin price had gone up by 14.5%…

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