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Cryptocurrency

Stockpile dollars and ‘lose your shirts’, Abiodun warns forex traders

Ogun State Governor, Dapo Abiodun, has warned forex traders against stockpiling dollars or risk losing their shirts. Abiodun said the naira has been appreciating faster against other currencies in the global financial

April 23, 2024

Currencies

Cardoso: We’re striving for stability in FX rates despite challenges

However, Cardoso sought to reassure Nigerians by stating that the CBN is committed to achieving a stable exchange rate and is actively taking measures to reach this goal. He noted that recent

April 21, 2024

Currencies

Bitcoin cryptocurrency background. A bunch of golden bitcoin, Digital currency

BREAKING: Bitcoin surges past $71,000 to fresh record

The record-breaking surge is attributed to a confluence of factors. One key driver is the rising demand for Bitcoin, which has been steadily increasing throughout 2024. This could be due to a

March 11, 2024

Cryptocurrency

Bitcoin surpasses $65,000, nearing record high

The approval of spot bitcoin exchange-traded funds in the United States earlier this year played a crucial role in attracting new large investors, reigniting enthusiasm and momentum reminiscent of the 2021 record

March 4, 2024

Currencies·Cryptocurrency

FILE PHOTO: A composition showing crypto currency with the Binance logo. Picture taken on Nov. 10, 2022. REUTERS/Dado Ruvic

FG considers seeking $10bn compensation from Binance amid Naira crisis

Onanuga asserted that Binance engaged in "illegal transactions" in Nigeria, reaping significant profits while the nation incurred substantial losses.

March 1, 2024

Tech·Currencies

Crypto stocks surge with Bitcoin’s continued climb

This surge has significantly impacted the stock market, particularly with Coinbase (NASDAQ:COIN) witnessing a robust rally of over 10%, reaching $155.61 per share. Initially peaking above $160, the trading day has been

February 14, 2024

Cryptocurrency

Bitcoin bulls target 2024 record with SEC-approved ETF

Despite earlier warnings about potential risks associated with crypto ETFs, the SEC's approval signifies a significant shift in regulatory sentiment, providing legitimacy and institutional recognition to the world's largest digital asset.

January 11, 2024

Cryptocurrency

Bitcoin goes up as pro-BTC candidate Milei wins Argentine presidency

Jubilant over Milei's triumph, Reuters reports that Argentina's discontent with traditional financial institutions, grappling with one of the world's highest inflation rates, played a significant role in his success. Milei's outspoken condemnation

November 20, 2023

Cryptocurrency

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