Bitcoin has reached a new all-time high, continuing a rally that has seen its price climb over 50% since Donald Trump’s victory in the 5 November election. The world’s leading cryptocurrency briefly surpassed $106,000 (£83,890) before settling around $104,500 during Monday morning trading in Asia. Analysts attribute the surge to optimism over the incoming Trump … Read more
The cryptocurrency market continues to present lucrative opportunities for investors, with December offering a prime window to acquire promising assets at competitive rates. EDITOR’S PICKS PDP Declares Ethiope East Federal Seat Vacant Following Ibori-Suenu’s Defection to APC Retired Principals Call for Recognition and Better Welfare from Government BREAKING: IGP Egbetokun Orders Major Shake-Up, Deploys New … Read more
Bitcoin made history on Thursday by surpassing the $100,000 mark for the first time, fueled by enthusiasm following Donald Trump’s decision to appoint a cryptocurrency advocate to lead the U.S. Securities and Exchange Commission (SEC).The move has bolstered expectations that the new administration will embrace deregulation in the digital asset sector. Record-Breaking Rally The cryptocurrency … Read more
Bitcoin, the world’s largest cryptocurrency, has reached a monumental milestone, surpassing $100,000 for the first time and setting a new all-time high. EKO HOT BLOG reports that the rally comes on the back of optimism that U.S. President-elect Donald Trump will usher in policies favouring the cryptocurrency sector. EDITOR’S PICKS Electricity Meter Costs Rise Again As … Read more
A hacker has been sentenced to five years in prison in the US for laundering proceeds from one of the largest cryptocurrency thefts in history. Ilya Lichtenstein pleaded guilty last year to his involvement in the 2016 hack of the Bitfinex cryptocurrency exchange, where nearly 120,000 bitcoin were stolen. EDITOR’S PICKS Electricity Meter Costs Rise … Read more
Bitcoin is nearing the $80,000 mark for the first time, fueled by President-elect Donald Trump’s positive stance on digital assets and a pro-crypto Congress. The cryptocurrency surged by 4.3% to an unprecedented $79,771 on Sunday, holding close to $79,000 by 2:05 p.m. in Singapore. Smaller cryptocurrencies like Cardano and Dogecoin also saw gains. On the … Read more
Former U.S. President Donald Trump, along with his sons and prominent cryptocurrency entrepreneurs, introduced a new digital finance platform late Monday, marking his entry into the world of decentralized finance (DeFi). The platform, called World Liberty Financial, was unveiled in a two-hour online presentation, despite an alleged assassination attempt on Trump at his West Palm … Read more
Bitcoin accounts for about a third of the cryptocurrency market with a total value of $650bn Ethereum, the second biggest cryptocurrency in the world, has also fallen in value, down by more than 10% in the last week EDITOR’S PICK Ukraine War: Russian Generals ‘Ignore’ Putin’s Order To Launch Nuclear Missiles Ukraine War: West Must … Read more
The Central African Republic has become the second country in the world to adopt bitcoin as official currency after El Salvador, which did so last year The CAR is one of the planet’s poorest and most troubled nations, locked in a nine-year-old civil conflict and with an economy heavily dependent on mineral extraction EDITOR’S PICK … Read more
The CAR “is the first country in Africa to adopt bitcoin as legal tender” The landlocked state is one of the planet’s poorest and most troubled nations, with an economy that is heavily dependent on mining EDITOR’S PICK 2023: ‘You’ve No Single Respect’ – Orji Kalu Slams Osinbajo, Tinubu, Wike, Others 2023: Tinubu, Osinbajo Support … Read more
Crypto Market Liquidations have surpassed $881 Million as Alts post-double-figure losses. Eko Hot Blog reports that the bears have taken over the narrative in the cryptocurrency market as the market paints in their favourite colour, red. Data from Coinglass reveals that as Bitcoin took its nosedive towards $38,000 per coin, the total cryptocurrency market liquidation … Read more
China’s central bank on Friday declared all crypto-currency transactions illegal, stepping up a campaign to block use of unofficial digital money. EkoHotBlog reports that China is one of the world’s largest crypto-currency markets and 95 percent of crypto mining occurs in China. “Virtual currency-related business activities are illegal financial activities,” the People’s Bank of China … Read more
Bitcoin, the world’s biggest and best-known cryptocurrency, is up 77.4% from the year’s low of $27,734 on January. 4. Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 77.4% from the year’s low of $27,734 on January. 4. … Read more
When Visa and Mastercard cut off payments to adult website Pornhub last year, concerned over reportedly lax policies to prevent minors from posting content, the site leaned into Bitcoin payments. OnlyFans, faced with a similar conundrum, chose to say so long to the adults in the room. In the process, it may have left an … Read more
The indictment underscores that seeking to obscure virtual currency transactions in this way is a crime. Larry Harmon, the 38-year-old Ohio resident who operated darknet Bitcoin mixer Helix, has pleaded guilty to laundering an estimated $300 million. His sentencing date is yet to be announced. READ ALSO: FORMER US TREASURY CRIMINAL INVESTIGATOR HIRED BY CRYPTO … Read more
Musk said he loses money when the value of bitcoin or other cryptocurrencies declines but that he has not been selling despite the volatility Tesla founder Elon Musk, on Wednesday, disclosed that he personally has invested in bitcoin and other cryptocurrencies but that he does not manipulate or “dump” the digital currencies. In a wide-ranging … Read more
“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions” The cryptocurrency market suffered a dip on Thursday morning, after Elon Musk, chief executive officer of Tesla, disclosed that the electric carmaker has halted bitcoin payment option. In March, Tesla had introduced bitcoin payment option for the company’s products, a … Read more
… the suspect presented herself as one Sophia Rodriguez, an expert in Bitcoin Operatives of the Economic and Financial Crimes Commission (EFCC) has arrested a 24-year-old woman named Queen Jonathan for alleged involvement in a Bitcoin scam in Oghara, Delta State. Queen was also arrested for internet fraud on Friday 26, 2012 by men from … Read more
Against all odds, Bitcoin continues to trade high while the Nigerian Stock Exchange (NSE) struggles to keep investors. The capital market in Nigeria has mostly been held down by the bears this month, and the bearish state has driven investors to debt securities. On Thursday, March 11, 2021, investors lost N122.47 billion at the Nigerian … Read more
Angry lecturers of the Federal Polytechnic Ado-Ekiti of Nigeria’s Ekiti state have allegedly locked the school’s gate because the Rector has invested their money in Bitcoin. According to reports, the rector of Federal Polytechnic Ado-Ekiti, Ekiti state allegedly used lecturers’ monies to invest in Bitcoin, but owing to the ban on cryptocurrency transactions, all their … Read more