Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

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Bitcoin Drops Below $30,000 Again.

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For the second time since achieving all time high of $65,000 in April, 2021, Bitcoin has recorded it’s second fall below $30,000. The first was in June 22nd, 2021. The effect snowballed to altcoins. Bitcoin recorded a 5% sharp drop…

British Man Still Searching For Lost 7,500 BTC Hardware Wallet Since 2014

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A British man recognized as James Howell has been trying to retrieve his hardware wallet since 2014 from his local dumpster. He has been trying to persuade his local council to allow him to search for his hardware wallet containing…

Government Of India Reportedly Discards Bitcoin Ban Agenda

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According to a report by The New Indian Express on Thursday, the government’s opposing stance toward Bitcoin (BTC) appears to be shifting toward more acceptable regulatory policies for cryptocurrencies. According to inside sources quoted by the publication, authorities have dropped…

Bitcoin Becomes Legal Tender In El Salvador As Congress Approve Bill

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El Salvador’s president Nayib Bukele’s bill to make Bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress today.  The bill introduced by the president of El Salvador to make Bitcoin (BTC) legal tender…

Miami Pharmacy Accepts Bitcoin For COVID-19 Tests For 2021 Miami Conference Attendees

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A renowned Pharmacy noticed as Progressive Care announced that it would accept Bitcoin from Bitcoin traders for COVID tests on the opening day of Miami’s Bitcoin conference in 2021 Miami healthcare company Progressive Care, which provides rapid COVID-19 tests to…

President Of El Salvador To Make Bitcoin A Legal Tender

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Speaking at the largest Bitcoin conference 2021 in Miami, President Nayib Bukele of El Salvador announced his intention to make Bitcoin a legal tender in his country. The announcement is the first of its kind and makes El Salvador the…

SARS Requests South Africa Exchanges for Client Data

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SARS Requests South Africa Exchanges for Client Data AltCoinTrader, VALR, and Luno have confirmed that the South African Revenue Service (SARS) has requested client data.  According to the crypto exchanges, the request is targeting certain customers. This request according to…

The Central Bank Of Nigeria To Lift Four Months Ban On Digital Assets

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During the Monetary Council meeting held yesterday in Abuja, Mr. Godwin Emeifele, the Governor of the Central Bank of Nigeria shared his doubts surrounding digital assets. According to Mr. Godwin, CBN has conducted research to show that most cryptocurrency transactions…

Cardano Celebrates 1 Million Wallet Download

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Cardano blockchain has over 1 million $Ada wallets, this was revealed according to an announcement made by the Cardano Foundation on Twitter. The cryptocurrency community has witnessed remarkable growth in 2021. The company started the year 2021 with only 203,519…

MicroStrategy acquires more Bitcoin amid the Dùmp

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Taking advantage of the downturn following the Elon Musk tweet, MicroStrategy purchases an additional 271 bitcoins for $15 million at an average price of ~$55,387 per $Bitcoin according to CEO, an American entrepreneur, and business executive Michael Taylor. Micheal Saylor…