At the recently held P2P Conference, a blockchain conference organized by the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), some stakeholders in Nigeria's blockchain industry received recognition awards for their contributions to the growth and development of Nigeria's emerging blockchain industry. The awardees are Channels TV, Convexity, CryptoTvPlus, Paxful, and the Securities and Exchange Commission (SEC). The only individual who...
Bitcoin falls further to $18,000; heading to $11,000 next?
Bitcoin price slumped to about $18,000 on 18 June, dropping the $20,000 support it has been getting for weeks. This is the first time bitcoin has slumped under $20,000 since December 2020. At press time, bitcoin price is $18,000 but it went as low as $17,708. With such drop, this means bitcoin has also for the first time in its over...
Cryptocurrencies and NFTs are “100% based on greater fool theory”- Bill Gates
Speaking at a TechCrunch program Tuesday, the Microsoft co-founder & billionaire described cryptocurrencies and NFTs as something that's "100% based on greater fool theory". This was Bill Gates's response to the idea that cryptoassets, which he considers overvalued, will increase in price as long as there are enough investors willing to pay more for these cryptoassets. Obviously referring to the Bored...
Is it time to sell your bitcoin and Ethereum?
1st Step If you are one of those wondering if it is time to sell that bitcoin and Ethereum in your wallets, you are not alone. And that is the first step to thinking right as a hodler or investor in the ever-volatile crypto market. You are not alone. Now that you know that you are not alone (if you didn't...
It’s time the Central Bank of Nigeria had a rethink about approach to crypto in Nigeria, says blockchain association leader
Due to the fast-growing adoption of cryptocurrencies amongst households in the U.S., the U.S. Department of the Treasury is launching an education campaign to raise awareness about the risks of investing in cryptocurrencies. The initiative is targeted at investors who have limited access to mainstream financial services. The Treasury's Financial Literacy Education Commission will be in charge of this initiative, ensuring...
