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Nigerian central bank clarifies that it is not banning bitcoin

INDUSTRY

Monday, 22 March, 2021 at 09:20 GMT
Nigeria is well known for its dependency on cryptocurrencies like Bitcoin. The nation has been battling inflation for years and residents have hence turned towards crypto to act as a hedge against the deteriorating economy. Despite this, reports emerged that Nigerian financial...
Fintech industry in london grows faster than anywhere in european union

INDUSTRY

Sunday, 21 March, 2021 at 12:05 GMT
Despite the effect of Covid-19 pandemic on innovations, London’s financial technology (Fintech) industry is gaining more traction than any other region in the European Union (EU). More than £50 billion has been invested since the start of 2019 in the UK’s fintech industry. ...
Litecoin sees six times growth in active addresses

INDUSTRY

Saturday, 20 March, 2021 at 08:39 GMT
Trading digital assets are now something that has seen growth generally over last year and the beginning of this year. Even at that, people are no longer following the narrative of trading just Bitcoin as they have chosen to diversify. However, according to new data obtained, the...
Bitcoin fails to break past 60000 usd

INVESTIGATIONS

Friday, 19 March, 2021 at 05:45 GMT
Bitcoin seemed to have resumed a bullish trend, but once the bulls faced the scary line of the $60,000, the price of the token crashed below $57,000Bitcoin had a tough day. The fight between bulls and bears was fierce, but in the end, the bears succeeded in pushing prices down...
Regulators in ireland propose fresh aml policies for crypto businesses

INDUSTRY

Thursday, 18 March, 2021 at 13:11 GMT
Despite the monumental growth of the cryptocurrency market, not all jurisdictions are keen on accepting this emerging industry, especially due to the various illicit activities associated with it. Lawmakers in Ireland seem to be concerned about this and have recently proposed new...
Bitcoin set to hit another record high

INDUSTRY

Wednesday, 17 March, 2021 at 09:35 GMT
US retail traders are gearing up to put billions of dollars into the bitcoin market when stimulus payments begin entering bank accounts later this week, adding more speed to a trading frenzy that swept the cryptocurrency industry last year. ...
Bitcoin dumping continues

INDUSTRY

Tuesday, 16 March, 2021 at 07:37 GMT
Profit-taking sentiment continued to trouble the Bitcoin market as the cryptocurrency fell three days in a row. ...
Bitcoin leads market decline as volatility continues

INDUSTRY

Monday, 15 March, 2021 at 13:54 GMT
Since the beginning of the year, the crypto market has endured some levels of uncertainties. Despite coming into the new year on the back of a surge that saw Bitcoin and Ethereum touch new highs, it is safe to say that the crypto market is trying to navigate volatile waters. ...
Binance adds payment service feature

INDUSTRY

Monday, 15 March, 2021 at 08:30 GMT
Binance has officially launched Binance Pay service, according to company’s statement. The feature is now available in Binance App and offers merchants functions allowing users to pay, send and receive crypto payments globally without incurring any fees. Founder and CEO...
China includes blockchain technology in 5 year policy plan

INDUSTRY

Sunday, 14 March, 2021 at 09:59 GMT
China has formulated a blockchain plan in its 5-year policy plan draft for the first time while also embracing advanced mechanisms. ...

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