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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 tops $11,000, but fades after sharp rally

Bitcoin zoomed past $11,000 to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just 12 hours, stoking concerns that a rapidly swelling bubble could be set to burst in spectacular fashion.

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.

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 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.

Risks of central bank-issued cryptocurrencies are still unclear

It is too soon to determine whether central banks should issue their own cryptocurrencies, the Bank for International Settlements said on Sunday, as the risks could not yet be fully assessed and the technology underpinning them is still unproven.

Why Nigeria has not adopted Bitcoin technology – CBN

Specifically, he said that the issue was not something the authorities would want to rush to take a decision on given that the technology is still relatively new.

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