Bitcoin is on fire at press time, printing a mega bull bar. After yesterday’s impressive performance, the short- to medium-term trend has been defined and made clear on the daily chart. As it is, bulls are back in the equation. The close…
According to a recent CoinGecko analysis, the entire market capitalization of cryptocurrency regained some of its gains in Q2 2024 after almost reaching all-time highs in Q1 2024. It decreased by $408.8 billion (-14.4%) and closed at $2.43 trillion in June 2024.…
After plunging to its lowest point in more than four months, the price of Bitcoin has now rebounded. According to CoinGecko, the cryptocurrency is up 4.1% in the previous day, peaking at little over $56,400.
In the last 24 hours the price…
The estate of the defunct crypto exchange, Mt. Gox, has transferred over 47,000 BTC ahead of its plan to repay $9 billion BTC to creditors. One of Mt Gox’s three wallets that held significant portions of funds sent around 47,228.7 BTC (about…
KuCoin, a cryptocurrency exchange, has announced that it will begin charging its Nigerian users 7.5% value-added tax on trading costs from July 8, 2024.
"We are writing to let you know about a significant regulatory update that affects our Republic of Nigerian…
Investors with keen eyes have noticed wallets from the defunct bitcoin exchange Mt. Gox moving more than $7 billion in cryptocurrency. The market saw considerable panic after the now-defunct cryptocurrency exchange allegedly transferred over 141K Bitcoin, or more than $9 billion, from…
Despite an increasing crackdown on digital asset trading platforms, local Nigerians are nonetheless interested in cryptocurrencies. Bitcoin and meme coins like DogeCoin are the most popular in different locations. An survey by a local publication claims that financial gain and hedging against…
In the ever-evolving crypto market, crypto fans are always on the hunt for the next big meme coin. With many new meme coins launching every day, it can be challenging to identify the best meme coins to buy. Based on thorough research…
With the next Bitcoin halving event anticipated in April 2024, excitement is brewing in the crypto world. This programmed event cuts Bitcoin's mining reward in half, historically leading to price increases due to its impact on scarcity. African players are well-positioned to…
On March 4, 2024, open interest in Bitcoin reached $31 billion, breaking the previous high of $24.3 billion established on April 14, 2021.
Analysts are urging caution due to the increase in open interest, drawing comparisons to the bull market of 2021.…