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News and analysis about Cryptocurrencies and Blockchain

A looming bubble? … As the Bitcoin hits $10,000.

The series of attacks on the “people’s currency” by several credible international banks should naturally cause the digital currency to witness a downtrend. However, the...

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....

Step by step guide on how to buy Bitcoin if you are in Nigeria

This article is for anyone who is interested in buying bitcoin for the very first time. It is a practical guide and from someone...
Bitcoin exchange for Nigeria is up and running

This Bank CEO is unhappy with bitcoin

Jamie Dimon, Chief Executive of JP Morgan, has voiced concerns about bitcoin, essentially calling it a scam. Dimon made the remarks at an investor...

Coinbase obtains SEC approval to list security tokens

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

Another 3 Risks to note when investing in cryptocurrencies

The whole world seems to be a buzz with crypto talk, and Nigeria is not left out. Ponzi schemes now promise fabulous returns from...

SEC Nigeria Issues Press Release Against Bitcoins And Other Cryptocurrencies

The Security and Exchange Commission of Nigeria has issued a press release warning against investments in Crypto Currencies. In a press release published on...

This move by China has affected cryptocurrency prices

Recent moves by China have lead to a drop in cryptocurrency prices. A committee set up by the Chinese Central Bank has placed an...
bitcoin price

Why the price of bitcoin has taken a new height

Last week bitcoin hit an all time high of $7447 last week, and has shown no signs of dropping below the $7000 mark.  Year...

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...

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...

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...
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...

EFCC Tweets Out Warning Against Cryptocurrency

In a tweet from its verified twitter handle, the Economic And Financial Crimes Commission (EFCC) has warned members of the public against transacting in...

Bitcoin hits all time high of $10,000: Buy/Sell/Hold ?

Cryptocurrency markets have been in a frenzy since the price of bitcoin today  hit an all time high of $10,000 Cryptocurrency market capitalization (...

This central bank governor calls cryptocurrencies a ponzi scheme

Brazilian central bank governor Ilan Goldfjan has called cryptocurrencies a ponzi scheme. He however said there was a need to distinguish the currencies from...

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...

ICOs may be causing a cryptocurrency bubble

As the price of bitcoin recovers lost ground, experts have warned that the cryptocurrency market could be heading for a bubble due to the...

This cryptocurrency has just hit a market capitalization of $100 billion

Cryptocurrency markets were thrown into a frenzy this week as ripple (XRP) became the second cryptocurrency to hit the $100 billion mark. Ripple currently...
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!
Bitcoin exchange for Nigeria is up and running

Boost Your Investment Performance through Smart Trading in Bitcoin

Crypto currencies are the biggest craze in financial markets right now, for good reason. It’s almost impossible to be in finance in 2017 and...
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...
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...

10 facts you probably don’t know about bitcoin

Bitcoins have been generating a buzz over the past few years; smashing records and reaching all time price highs. However, opinion worldwide as to...
blockchain technology

Blockchain is on its way to making the world a better place

How could blockchain technology work towards the betterment of the world as we know it? Well, let's find out by clicking the link below.

FLASH: Nearly N1 billion worth of bitcoin was traded in Nigeria last week

In a sign of growing adoption of bitcoin and other cryptocurrencies, a report from Cointelegraph states that $3 million worth of bitcoin was traded...

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...

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...

Another Bank CEO reveals his thoughts on Bitcoin

Goldman Sachs CEO Lloyd Blankfein has revealed his thoughts on bitcoin saying he was undecided about the cryptocurrency​. Blankfein made the statement in a...

4 emotions Nigerian cryptocurrency traders have almost everyday

The Central Bank of Nigeria (CBN), Securities and Exchange Commission and other regulators have continually warned against the acquisition of cryptocurrencies by Nigerians over...

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Understanding Mutual Fund Fees

INSIGHT: Why you really should consider investing in mutual fund today

A Mutual Fund is a Trust or Company that pools money from many investors and invests in a specified class of securities such as stocks, bonds, real estate or a balanced mix of asset classes.
Ellah Lakes appoints new Managing Director, Ellah Lakes appoints Chuka Mordi, Ellah Lakes acquires Telluria Limited, Nigerian Stock Exchange NSE

NSE has placed these 34 companies on red alert

Authorities of the Nigerian Stock Exchange (NSE) has placed red alerts on some 34 quoted companies as a disciplinary measure for breaching some of its extant rules.
Union Bank shareholders endorse N54.4bn balance sheet reduction

Union Bank’s shareholders approve N54.5 billion capital restructuring

Union Bank of Nigeria shareholders recently approved the proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.