Bitcoin hit a fresh record above $71,000 as demand for the cryptocurrency picked up amid optimism that the Federal Reserve will cut interest rates the year. Truetells Nigeria understands that the unit hit a peak of $71,432 in afternoon Asian business, meaning it has advanced almost 70 per cent this year. Bloomberg made this known…
Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency. At 1325 GMT, bitcoin traded at about $60,301, closing in on its all-time high of $68,991 — that was struck in November 2021 and which some…
Bitcoin’s price rose by 5% to more than $18,000 for the first time in a month on Thursday January 11, 2023. According to information from the Binance Exchange Bitcoin, was trading for $18.1K on Thursday morning. The increase came as traders bet on a slowdown in U.S. inflation, even as the discovery by FTX’s lawyers…
Bitcoin Plunges Below $20K for First Time Since December 2020; Ether Drops Below $1K Bitcoin (BTC) sank below $20,000 for the first time since December 2020, losing 9.5% in the past 24 hours. At time of publication, the largest cryptocurrency by market cap was changing hands around $18,984.1 after trading at a low of $18,739.50….
The United States government, through the Federal Bureau of Investigation, has seized 151.8 Bitcoin from the wallet of Olalekan Jacob Ponle, also known as ‘Mr Woodberry’. According to court documents from the United States District Court for the Northern District Of Illinois, U.S. prosecutors sought forfeiture of any property derived from the proceeds of…
The Central African Republic has adopted bitcoin as legal tender, becoming the second country in the world to make the move after El Salvador. Lawmakers unanimously adopted a bill that made bitcoin legal tender alongside the CFA franc and legalised the use of cryptocurrencies, and President Faustin Archange Touadera signed the measure into law,…
Bitcoin vs Ethereum: Which one is better? In view of the economic crisis hitting the global economy, investors have shown great interest in shielding their capital by betting on two of the most popular cryptocurrencies In these Truetells Nigeria Analysis we gained that the trend of investing in cryptocurrencies has led to the appearance of…
Bitcoin dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31.6% from the year’s high of $69,000 reached on Nov. 10. Ether , the coin linked to the ethereum blockchain network, dropped 10.14 % to $3,794.61 on Saturday, losing $428.19 from its previous…
Bitcoin Value Falls Drastically After China Declares Crypto-Currency Transactions Illegal. The value of Bitcoin has dramatically dropped after China’s central bank on Friday, September 24 announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin and ethereum in the country. China is one of the world’s largest crypto-currency markets and…
Top 5 Best Cryptocurrencies To Buy This Year 2021. Truetells Nigeria reports that cryptocurrency is the new order of the day; it is a complex market for newbies. This online news platform brings to you a breakdown of the top 5 cryptocurrencies to buy in 2021. Read on to get a comprehensive overview of…
