Home Tags Bitcoin

Bitcoin

Global stocks mixed as bitcoin surges

Global stocks were mixed Monday, with major US indices ending at fresh records as bitcoin futures surged in their debut on a major exchange.

Bitcoin tops $18,000 in debut on major bourse

Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous.

Bitcoin plunges 15% in wild trading

Bitcoin plunged as much as 15 percent to below $14,500 on profit-taking Friday, capping a roller-coaster week that saw the currency hit a series of record highs and underlining concerns about its volatility.

Bitcoin chalks up new record as it charges past $14,000

Bitcoin ploughed past $14,000 to a fresh record on Thursday as investors continued to pile in, triggering a warning the cryptocurrency was "like a charging train with no brakes" that would inevitably slip back.

Venezuela to launch oil-backed digital currency

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S led financial sanctions, announcing the launch of the “petro” backed by oil reserves to shore up a collapsed economy, Media report on Monday.

Bitcoin surges closer to $12,000 mark

The price of cryptocurrency bitcoin surged to 11,800 dollars on Sunday afternoon – its highest level yet.

Bitcoin surges past $10,000

Bitcoin is now worth over $10,000. The cryptocurrency, which crossed the milestone for the first time since its creation in 2008, surged past $10,000 on Tuesday evening as it climbs toward $11,000, according to research site CoinDesk.

Bitcoin will end a bubble – experts

Several international bankers have sounded a warning about the mega risks involved in embracing bitcoin, which this week soared to a new record high of more than $8,000. Six years ago, it traded for just one dollar.

NDIC warns Nigerians against trading in digital currencies

The financial sector insurance regulator, the Nigerian Deposit Insurance Corporation, NDIC, has again warned Nigerians against the risk of trading with digital currencies not issued by the Central Bank of Nigeria, CBN.

Morocco regulator bans bitcoin payments

Morocco's currency regulator has announced a ban on transactions in bitcoin and other virtual currencies, in a country where foreign exchange flows are tightly controlled.

Cryptocurrencies’ market cap hits record $200 billion

The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup.

Bitcoin blows past $6,000 for the first time

Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.

Bitcoin smashes through $5,000 barrier for first time

Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 percent to chalk up its biggest daily rise in over two weeks.

Russian central bank to block websites offering cryptocurrencies such as Bitcoin

Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday.

facebook

Recent Posts

Airtel announces love charity initiative

In the spirit of the Yuletide season, telecoms services provider, Airtel Nigeria, has partnered with Chicken Republic, a subsidiary of Food Concepts Plc, to feed over 5,000 less privileged Nigerians as part of its yearly Corporate Social Responsibility initiative dubbed, ‘Airtel Five Days of Love.’

People still betraying troops to Boko Haram – General Rogers Nicholas

The new Theatre Commander of Operation Lafiya Dole, Maj-Gen Rogers Nicholas, has said there was still lot to be done to completely defeat Boko Haram insurgents in the North-East, as people still provide information on locations of troops in the region.

Plateau United holds Enyimba as draws rule NPFL Invitational opening day

The opening day of the 2017 Nigeria Professional Football League (NPFL) Pre-Season Invitational in Kano recorded drawn matches in the two fixtures that held. The third fixture between hosts, Kano Pillars and the CHAN Eagles was shifted to hold today.

Access to Justice tasks President Buhari on respect for human rights, rule of law

As the world celebrates the human rights day, a non-governmental organization, Access to Justice (A2J), has urged President Muhammadu Buhari to restore the rule of law in the country.

Governor Wike manipulated PDP convention with N15.5 billion Rivers funds – APC

The Rivers State chapter of the All Progressives Congress (APC) has accused governor Nyesom Wike of using the state’s funds to sponsor the Peoples Democratic Party (PDP) national convention.

Most Popular

Jonathan congratulates PDP new leaders, urges them to put party first

Former President Goodluck Jonathan has congratulated the newly elected national officers of the Peoples Democratic Party (PDP), urging them to always put the party first above other interest.

It will take APC 10 years to clean up rot created by PDP –...

The Chairman Senate Committee on Petroleum Resources (Upstream), Senator Tayo Alasoadura, has disclosed that ,it would take a minimum of ten years for the administration of the All Progressives Congress, APC, to clean up rot created by the Peoples Democratic Party, PDP, years of misrule .

Ademola Lookman scores brace as Everton beats Apollon

Ademola Lookman scored twice as a weakened Everton team beat Apollon Limassol to end their failed Europa League campaign with their only win.

APC mustn’t behave like PDP – Senator Tinubu tells Governor Okorocha

A national leader of the All Progressives Congress, Bola Tinubu, has reiterated his stance on internal democracy as opposed to the idea of giving automatic tickets to aspirants.

Cristiano Ronaldo deserves fifth Ballon d’Or award – Mateo Kovacic

Real Madrid midfielder Mateo Kovacic has backed teammate, Cristiano Ronaldo, to win this year’s Ballon d’Or.