Dogecoin investor loses $12 million on Binance as Doge suffers violent dump The fast-rising crypto asset, Dogecoin suffered record losses in the early hours of Sunday despite Elon Musk’s debut on the long-awaited Saturday Night Live which surprisingly led to a violent dump. At the time of drafting this report […]
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Techmoney-Citigroup considers crypto amid surge in customer demand on Wall Street
Citigroup is reportedly considering offering crypto-related services to its customers in response to rising demand, specifically from asset managers and hedge funds. The financial services firm’s global head of foreign exchange, Itay Tuchman, told the Financial Times on Friday that the investment bank was already exploring the possibility of providing crypto services […]
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Bitcoin Bounces Strongly After Hitting Lowest Since Early March
Bitcoin rallied Monday as investors took advantage of the lowest levels in seven weeks to pile back into the cryptocurrency. The largest cryptocurrency is on track for its biggest gain since March 13 after dropping as low as $47,079 in early Asia trading before rebounding. It rose as much as […]
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Breaking: Billions of dollars lost in Crypto market, as over 500,000 investors get wrecked
The crypto market suffered heavy losses, as the flagship crypto dipped below the $50,000 price levels. The crypto market suffered heavy losses in the early hours of Friday with many traders liquidated as the flagship crypto dipped below the $50,000 price levels. In the cryptoverse hundreds of billions of dollars […]
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ABCON advocates measures to counter cryptocurrencies
Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to introduce measures that will counter the advantages of cryptocurrencies exchanges as a channel for diaspora remittances. Making this call in its Quarterly Economic Review for Q1’2021, ABCON averred that such measures […]
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Dogecoin post weekly gains of over 450%, more valuable than Barclays and Credit Suisse
The listing of DOGE on Coinbase and other related institutional-focused exchanges could make DOGE’s value rise as high as $1. In recent weeks, Dogecoin (DOGE) has become the darling of many crypto traders and investors as it rallied by more than 450% amid high buying pressure. Even after earlier pullbacks, […]
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Binance Partners with Publishers of Vogue, Esquire, Robb Report, Buro, and VIDY In Singapore To Build NFT Platform
Binance, the world’s leading cryptocurrency exchange with over 50 million users has confirmed its partnership with Media Publishares, publisher of Vogue, Esquire, Robb Report, and Buro in Singapore, along with VIDY, a blockchain-powered digital advertising company, to provide the underlying technology for a new NFT platform catering to the fashion, arts and music […]
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Nigeria still leads bitcoin P2P trading across Africa in Q1 2021
The ban Nigeria input on cryptocurrency is not affecting both the P2P and general volume of trading. DESPITE ban, Nigeria still blazes the trail in cryptocurrency growth. The country has become a reference point in the emerging markets of Middle East and Africa when trading on crytocurrency is discussed. In […]
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1 Bitcoin will buy you a house in Nigeria’s rich suburb
The record gains posted by the world’s most popular crypto asset has surely endeared it to a growing number of Nigerians. The world’s most popular crypto, Bitcoin, has printed gains of more than 833% in the past year, as investors troop in with bullish momentum, pushing the coin’s value near […]
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Bitcoin reclaims $55,000 mark amid significant buying pressure
The Crypto market rebounded strongly amid significant buying pressure from a number of high net worth entities, leading the market gain to over $86 billion in market value. The reduced selling pressure earlier witnessed, brought a measure of relief, as Bitcoin surged by 4.8% on the day to about $55,000, […]