Navigating the Perceptions: Understanding Cryptocurrency’s Journey to Legitimacy and the Case of Pi Cryptocurrency

Cryptocurrency, a form of digital or virtual currency that utilizes cryptography for secure transactions, has garnered significant attention in recent years. While some enthusiasts view cryptocurrencies as a revolutionary investment opportunity, there remains a considerable amount of skepticism and doubt surrounding their legitimacy as “real” investments. In this article, we will delve into the reasons […]

CRYPTO: Bitcoin price declined after three weeks consecutive hike

Bitcoin fell even as the Chicago Board of Options Exchange’s volatility index (VIX), a measure known as Wall Street’s fear gauge, showed an absence of investor anxiety ahead of an expected U.S. Federal Reserve rate increase on Wednesday. The top cryptocurrency by market value changed hands near $21,900, down 3.5% in the past 24 hours. […]

CRYPTO: Bitcoin maintain its price high as Ethereum take the Crypto stage

Price Point: Bitcoin has managed to hold $22,000 as the European Central Bank has flagged it would raise rates by 25 basis points on Thursday. ETH continues to rally, up 5% on the day. Market Moves: Omkar Godbole looks at staked eth’s expansion to layer 2 and how it could mean lower fees and more […]

ZUGACOIN becomes first and most expensive crypto in Africa

Zugacoin, the first Cryptocurrency in Africa, officially unveiled on the 1st of December 2020 has again tripled its value. Zugacoin which is aimed at rebuilding Africa’s dying economy by becoming Africa’s first coin in equity and investment funding for Africa’s government. The coin founded by Dr Archbishop Sam Zuga had started selling in 2020 at […]

EFCC BOSS: GROWTH OF CRYPTOCURRENCIES ONLY POSES DANGER TO THE WORLD’S ECONOMY

 EFCC BOSS: GROWTH OF CRYPTOCURRENCIES ONLY POSES DANGER TO THE WORLD’S ECONOMY Chairman, Economic, and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the growth of cryptocurrencies such as bitcoin portrays a far greater danger to the world economy. The EFCC boss stated this while delivering a keynote address, yesterday, at the 38th Cambridge International […]

CHECK THE 5 MOST VALUABLE CRYPTOCURRENCIES TRADING HIGH IN SEPTEMBER 2021

CHECK THE 5 MOST VALUABLE CRYPTOCURRENCIES TRADING HIGH IN SEPTEMBER 2021 The cryptocurrency market in August recovered significant grounds that was lost in the May 2021 crash. The cryptocurrency market capitalization gained approximately 28% in the month of August from approximately $1.65 trillion at the beginning of the month to $2.12 trillion. The altcoin market […]

$51,000 WORTH OF BITCOIN TRADED AS EL-SALVADOR ADOPTS CRYPTO

$51,000 WORTH OF BITCOIN TRADED AS EL-SALVADOR ADOPTS CRYPTO Flagship cryptocurrency Bitcoin rallied strongly yesterday and many analysts believe this is a result of El Salvador’s adoption of Bitcoin as a legal tender on the 7th of September. There is a growing movement on social media, calling for people to buy small amounts of Bitcoin […]

CRYPTO: Ukraine adopts Virtual Assets Bill seeking to legalize cryptocurrency exchange within the country

CRYPTO: Ukraine adopts Virtual Assets Bill seeking to legalize cryptocurrency exchange within the country The Ukrainian Parliament, the Verkhovna Rada, has adopted a virtual asset legislation regulating foreign and domestic cryptocurrency exchanges operating from within the country. Yesterday, the Ukrainian Parliament adopted the draft law “On Virtual Assets,” Bill No. 3637, which legally recognizes cryptocurrency […]

CRYPTO: Bitcoin predicted to rise by 115% from current level this year

Bitcoin will surge 115% from current levels to $100,000 either late this year or early next year, and could reach $175,000 in the long term, Standard Chartered’s cryptocurrency research team has forecast. The bank’s team said it “structurally” values bitcoin between the range of $50,000 to $175,000. “Cyclically, we expect a peak around $100,000 in […]

DIGITAL CURRENCY: eNaira will be better off than Bitcoin and other cryptocurrencies

DIGITAL CURRENCY: eNaira will be better off than Bitcoin and other cryptocurrencies The Central Bank of Nigeria (CBN) has ascribed stability to the banking system as an advantage of adopting its soon to be launched digital currency, e-Naira.   Folashodun Shonubi, the bank’s deputy governor in charge of operations, made comments at a seminar hosted by […]

CRYPTO: Mastercard acquired CipherTrace; A Blockchain intelligence firm with crypto forensic capabilities

CRYPTO: Mastercard acquired CipherTrace; A Blockchain intelligence firm with crypto forensic capabilities Payment giant, Mastercard seems to have its eyes set on cryptocurrencies as the company just acquired CipherTrace, a blockchain intelligence firm with crypto forensics capabilities. According to a business wire publication, the global payments giant has reached an agreement to acquire CipherTrace, founded […]

CRYPTO: Main Reason why investors lost $299bn in one day

CRYPTO: Main Reason why investors lost $299bn in one day News Credit: kindly visit NAIRAMETRICS for the original post. The crypto market nosedived on Tuesday, triggered by huge selloffs as investors lost over $299 billion in one day. The total market capitalisation of the crypto industry declined by 12.57% to close at $2.08 trillion. The bearish trade […]

CRYPTO: Unknown wallet holder moved Bitcoin worth $2 billion by paying a fee of only $0.78

CRYPTO: Unknown wallet holder moved Bitcoin worth $2 billion by paying a fee of only $0.78 News Credit: kindly visit Cointelegraph for the original post. An unknown wallet benefited from Bitcoin’s low-fee blockchain yesterday with a transaction worth $2 billion. Block data from Blockchain.com reveals that a colossal Bitcoin (BTC) transaction worth $2 billion was processed on […]