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Cryptocurrency

News and analysis about Cryptocurrencies and Blockchain

bitcoin price

Bitcoin price briefly hits $5000 mark

Bitcoin, the world's most valuable cryptocurrency, today spiked to a six month high of $5000.
cryptocurrency

EXPLAINED: Why Cryptocurrency counts as currency

If a community of people agrees to use something as a way of exchanging value, that medium becomes currency.
Types of blockchain

Are all blockchains the same?

The blockchain technology has been applied across several spheres. And this has birthed many different “blockchains” which perform special tasks.
JPM Coin: What it is and what it means for Cryptocurrency

JPM coin: What it is and what it means for Cryptocurrency

The introduction of JPM Coin is a win for cryptocurrency, as it lends legitimacy to Bitcoin.
Ethereum

Someone paid $308k fee for a $14 transaction, expensive mistake or donation?

Mistakes come in grades but a $308,000 mistake, that's a costly mistake!
Gerald Cotten, Quadriga CX

BOOM: Cryptocurrency holders may lose their $145 million

The death of Gerald Cotten, the Chief Executive Officer of Digital-asset exchange Quadriga CX has left one question unanswered, how do the company's customers recover their combined C$190 million ($145 million)?
What you should know before investing in Cryptocurrency

What you should know before investing in Cryptocurrency

Buying and selling cryptocurrency is one of the more recent financial instruments people are using to diversify their investments, and there is very little...
Cryptocurrency

This is how Cryptocurrency works

Cryptocurrencies are decentralised, encrypted digital assets that may be exchanged over a public ledger and verified through a process known as mining.
Quidax, Blockchain,

How blockchain revolutionises finance & investing

Blockchain is one of the most important innovations over the past decades. One would say it promises the same level of disruption that Uber...
Blockchain

Blockchain: A 3 minutes explanation

Let me first start from what I think the problem Blockchain solves. Think about the files on your computer, the digital files on your...
Cryptocurrencies, Blockchain

7 interesting uses of cryptocurrencies & blockchain

Anyone even slightly aware of cryptocurrency has heard of the myriad ways it could make them wealthy overnight.
Quidax, Blockchain,

7 terms associated with blockchain that you should know

The Blockchain is a decentralized or a distributed ledger technology that allows a number of participants to maintain the ledger verifying and authenticating transactions
Are Initial Coin Offerings (ICOs) dead?

Are Initial Coin Offerings (ICOs) dead?

Initial Coin Offerings also called ICOs are a crowdfunding model popularised by blockchain startups to raise funds for their project.

Why Bitcoin has taken a pounding in the last few days

The price of bitcoin, the world’s most valuable cryptocurrency has taken a pounding in the last couple of days. From $6374.92 last Tuesday, the...

Coinbase obtains SEC approval to list security tokens

Cryptocurrency Exchange and wallet service Coinbase has received approval from the United States SEC.

Twitter joins the cryptocurrency ‘ ban’ wagon today

Twitter has become the latest social media network to block adverts pertaining to cryptocurrencies, beginning today. Facebook, in January  announced its ban on cryptocurrency...

These coins are currently trading close to their ICO prices

Cryptocurrency markets are currently trading in a sideways manner. Bitcoin is currently trading at around $9,000 which is  below the $10,000 psychological mark. For...

3 emerging cryptocurrencies to keep tabs on

Though Bitcoin, Ethereum and Ripple have garnered a large portion of the attention on cyrptocurrencies, there are several other coins with good potential. Here...

Explained: Centralised and decentralised cryptocurrency exchanges

Cryptocurrency exchanges play a key role in the cryptocurrency market, as they are the primary means of exchange in a market valued at over...

Is Venezuela’s cryptocurrency worth buying?

The Venezuelan government recently opened the pre-ICO sale of Petro its cryptocurrency. The coin will be backed by the country's petroleum reserves, placing it...

Are Nigerian companies now accepting payments in bitcoin?

Abdoulaye Diack, a Chief Technology Officer at Rescue Technologies Limited recently shared his experience with his first bitcoin payment in Nigeria. While he did...
Tech developers

Job opportunities in the cryptocurrency space

Cryptocurrencies were a buzz word in 2017 across the finance and tech space, and thus has continued. While attention has been focused on the...

Why January was a bearish month for cryptocurrencies

Bitcoin and other cryptocurrencies had a bearish January with massive losses for investors. Bitcoin lost over 40%, while other coins had equally steep losses....

Senate cautions Nigerians on trading of bitcoin and other cryptocurrencies

Nigeria’s upper chamber has turned its searchlight on the trade of bitcoin and other cryptocurrencies in the country. This was raised in a motion...

What you need to know about cryptocurrency mining

Mining is the process of validating transactions on a blockchain network. A blockchain is a record of all public transactions for a cryptocurrency. Each...

10 tips for every cryptocurrency trader

2018 has been quite a volatile year for cryptocurrency markets. So far, there have been one major flash crash and several bear markets. Despite...

Here’s how Nigerians apply native wisdom to cryptocurrencies

As the cryptocurrency bug in the country continues to spread, many Nigerians have decided to form groups in order to learn more about them....

Yesterday’s flash crash in the price of bitcoin explained

Cryptocurrency markets around the world were yesterday thrown into panic yesterday when bitcoin fell 28% yesterday, breaking below the $10,000 floor. Ripple fell by 46%,...

Israel sits on the fence regarding cryptocurrencies

Israel seems to have joined the rank of countries that are cautious on cryptocurrencies, as it has classified them as an asset not currencies....

Top 5 Cryptocurrencies to watch out for in 2018

Cryptocurrencies have had a fabulous 2017;Bitcoin, the biggest cryptocurrency by market capitalization rose massively from $973 on January 1, 2017 to $13, 621 by...

Popular

Canada invited 3,357 Express Entry candidates with scores as low as 300

Canada invited 3,357 Express Entry Candidates with scores as low as 300

Canadian province, Alberta, has issued a total of 3,357 invitations to apply for a provincial nomination for Canadian Permanent Residency (PR) to Express Entry candidates with Comprehensive Ranking System scores as low as 300.
Treasury Bills

Daily Update: T-Bills Market turns bearish as CBN resumes OMO sales

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.
EFCC raid MTN

Purported EFCC raid on MTN Nigeria head office might be false

There were wild media reports, late Friday night, purporting that the Economic and Financial Crimes Commission (@officialEFCC) raided the head office of @MTNNG. This might be wrong.