The value of Bitcoin has dropped by -0.47 percent in the last 24 hours with the most popular cryptocurrency falling below $40,000 on Saturday. The digital...
The International Monetary Fund (IMF) has listed four potential risks of bitcoin to a country’s economy, as the global financial body says it doesn’t recommend legalising...
As Cryptocurrency remain banned in Nigeria’s financial system, U.S states are proving to the Nigerian government that bitcoin and other altcoins are far from being a...
Bitcoin’s resurgence is yet to take off this year, as the most popular cryptocurrency continues to experience a rollercoaster that has hindered it from replicating the...
Canadian rapper, Aubrey Graham, better known by his stagename, Drake, has earned N158.47 million ($381,000) in bitcoin after placing series of bets for the Super Bowl...
The International Monetary Fund (IMF) has declared central bank digital currencies (CBDCs) like eNaira are a better bet than cryptocurrencies. In a new statement, IMF managing...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Bitcoin’s value increased by 2.10 percent during the week after a mini-slump in January. The most valuable cryptocurrency asset traded below $40,000 for the most part...
Ownership of cryptocurrency is depreciating in Nigeria amid a meltdown in the cryptoasset market and clampdown by banks on holders of the decentralised finance currency. According...
The most popular cryptocurrency, bitcoin, shed more in value in January 2022, than it did in the corresponding month of 2021, as the digital asset succumbed...
Bitcoin, Ethereum and Dogecoin regained their footing, while Terra and Cardano failed to follow the same path, heading down the hills in a tough month for...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The President of El Salvador, Nayib Bukele, has announced that his government has bought the dip to increase its total holdings of bitcoin, which is an...
The Bitcoin market stumbled on Friday, sending shock waves among many investors who lost their investment to the crypto community’s negative reaction to government’s policies across...
The recovery of the bitcoin has been slow as the most popular cryptocurrency now sits 38.79 percent behind the All-Time High, which was recorded in the...
The risk sentiments of bitcoin has spilled over into the stock market, according to the International Monetary Fund (IMF), as the most popular cryptocurrency and equity...
DoubleLine Capital chief executive officer and American billionaire, Jeffrey Gundlach, has warned investors against investing in bitcoin at the current state of the cryptocurrency. Gundlach’s words...
Cryptocurrency-related crime hit an all-time high in 2021 as the decentralised finance (DeFi) community recorded more phishing campaigns and other schemes linked to the digital assets....
Bitcoin tumbled in reaction to reports that the United States is planning to reduce its balance sheet by selling off bonds. This move saw a record...
Within twelve months of 2021, the total value of the cryptocurrency market jumped 64.57 percent, as trade among investors deepened despite government sanctions in Nigeria and...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Bitcoin and Ethereum finally made their way out of the three weeks dip as the cryptocurrency market headed into Christmas period this weekend, with the two...
Twitter founder, Jack Dorsey, has made a huge projection about bitcoin’s future against the United States’ currency, dollar, during an exchange with American rapper, Cardi B....
Bitcoin could become worthless, the Bank of England has warned amid declining rate of the cryptocurrency which has seen BTC value drop by 30.07 percent since...
Bitcoin hodlers [holders] are heading into Christmas period with a loss as investment support from El Salvador, Michael Saylor and other whales failed to patch the...
The International Monetary Fund (IMF) said regulation of cryptocurrency activities shouldn’t hinder the “plenty” “potential” that crypto assets offers the financial industry. In the past months,...
A Bitcoin whale has parted with $137 million to increase the digital asset’s holdings. A whale is an individual or entity with large amount of Bitcoin....
Craig Wright, the self-proclaimed founder of bitcoin, has won a court case which makes him the 26th richest person in the world, and supposedly confirms his...
BitMart, a cryptocurrency exchange, has lost $150 million worth of tokens to hackers at a period the cryptocurrency market was struggling to replicate its 2020 Q4...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Bitcoin has been bleeding since second week of November, but its losses deepened in the last 24hour, losing 17.64 percent in its market price, as Omicron...
The acquisition of $414.4 million worth of bitcoin by American company, Microstrategy, failed to change the market’s downward trend on Tuesday, as the fall continued into...
The decentralised digital market is on a decline path as major cryptocurrency assets including Bitcoin and Ethereum lost ground amid falling trades in Nigeria. Bitcoin, according...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Bitcoin has been a perfect hedge against Nigeria’s double-digit inflation in the last two years, but as consumer price index (CPI) declines, the adoption of the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The First City Monument Bank (FCMB) has joined other financial institutions (OFIs) in ignoring a Federal High Court ruling against closure of cryptocurrency-linked accounts. FCMB labelled...
The bitcoin community is facing an epic battle to save their investment as Nigerian banks such as Zenith Bank, are shutting down accounts believed to be...
Bitcoin on Monday surged closer to its all-time high of $66,975 achieved in October. This came just as a report emerged that the Zimbabwean government is...
The first three paychecks of New York mayor, Eric Adams, will be in bitcoin, as the politician expands the reach of cryptocurrency from the private sector...
In a bid to curb the growing acceptance of cryptocurrency against fiat, and its influence in the financial asset class, governments are weighing central bank digital...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
In 2009, Nigerian billionaire, Aliko Dangote was worth $2.5 billion, amassing wealth from his cement and flour businesses. At the same period, Satoshi Nakamoto’s networth was...
Bitcoin’s price reached $63,261 on Tuesday, the digital asset’s highest market value in five months. The price surge was influenced by increasing confidence in the most...
Microstrategy founder, Michael Saylor, says Nigerian government needs to adopt bitcoin and invest billions of dollars if President Muhammadu Buhari-led admininstration wants to end starvation within...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Positive sentiment in the Bitcoin market continued for another week as report circulated that the United States’ Securities and Exchange Commission (SEC) will most likely clear...
The Chief Executive Officer (CEO) of American investment bank, JPMorgan, Jamie Dimon, has continued his attack on bitcoin, as he contradicted his team’s projection for the...
The bitcoin market continues to rally in October following its slip in the last two weeks of September, as the most popular cryptocurrency has surged 30.3...
The Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Monday secured the conviction and sentencing of one Anthony Celestine on a one...
