With the price of Bitcoin breaching $55,000, Bitcoin’s market value has now breached $1 trillion. Truetells Nigeria understands that the world’s most demanded crypto-asset, some hours ago, broke a very important milestone. With the price of Bitcoin breaching $55,000, Bitcoin’s market value has now breached $1 trillion. According to many crypto experts argument, this…
Bitcoin Has Risen Above $50,000 For First Time In History Of Cryptocurrency. Truetells Nigeria reports that Bitcoin rose above $50,000 for the first time on Tuesday while European equities eased after soaring the previous day on reduced coronavirus fears and thanks to mounting optimism over US President Joe Biden’s vast stimulus plan, traders said….
Crypto market had suddenly become overheated and record sell-offs began leading traders to lose about $2 billion. Truetells Nigeria reports that these are surely unpleasant moments for a significant number of crypto investors on the account that roughly $2 billion worth of crypto positions most especially in the crypto futures market disappeared into thin…
A number of bank accounts directly linked with crypto trading have reportedly been closed by Nigerian banks. Truetells Nigeria reports that a significant number of Nigerians linked to crypto trading have allegedly had their bank accounts closed by their respective banks. This online news platform understands that the development is in lieu of Nigeria’s…
Senate Has Summoned CBN Governor and DG SEC Over Cryptocurrency Ban in Nigeria. Truetells Nigeria reports that the Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban…
CBN Along With SEC Has Been Dragged To Court Over Cryptocurrency Prohibition In Nigeria. Truetells Nigeria reports that a civil society organisation identified as the Digital Rights Lawyers Initiative has dragged the Central Bank of Nigeria and Securities and Exchange Commission to court over the recent action of the apex bank that Deposit Money Banks should…
