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
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
Following the unveiling of E-Naira by President Buhari on Monday, EKOHOTBLOG has uncovered a few things to know about the digital currency. President Muhammadu Buhari, on Monday, unveiled Nigeria’s digital currency, e-Naira. The digital currency was launched by President Buhari at the Presidential Villa in Abuja. EKOHOTBLOG had earlier reported that the event had in attendance the Vice … Read more
President Buhari has unveiled the e-Naira in Nigeria. EKOHOTBLOG reports that President Muhammadu Buhari has on Monday unveiled Nigeria’s digital currency, e-Naira. This online news platform reports that President Buhari unveiled the currency at the Presidential Villa in Abuja. The event had in attendance the Vice President, Yemi Osibanjo; the Governor of the Central … Read more
The Central Bank of Nigeria (CBN) has explained the economic implications and importance of a centralised and regulated digital currency in Nigeria. The apex bank had earlier revealed that it would be launching e-naira, a digital equivalent of the naira in October, in line with global trends. According to Director, Information and Technology, CBN, Rakitya … Read more
Britain is looking into the possibility of creating a digital currency that households and businesses could use instead of cash – an initiative the finance minister dubbed “Britcoin”. The Bank of England and Treasury announced Monday the creation of a Central Bank Digital Currency Taskforce to look into a potential UK CBDC. Britain is looking … Read more