Despite the cryptocurrency losing $562.93bn of its market value in 2022, Nigerians’ investment in Bitcoin grew by over five per cent. The market cap of BTC has dropped from $875.94bn as of December 2021 to $313.01bn as Read More
Tags :bitcoin
According to data from UsefulTulips, Sub-Saharan Peer-to-Peer Bitcoin trading has surpassed that of North America. This makes the region the largest P2P market in the world. UsefulTulips analyses data from LocalBitcoins and Paxful trading Read More
Sticky
Having gained the interest of the majority – population and investors– countries are beginning to make provisions for the establishment of their digital currencies where their citizens can trade on a ‘regulated’ platform. The growth of Read More
Despite the ban on cryptocurrency trading, Nigerians traded bitcoin volumes of over N92.25 million ($225K) on Paxful– a cryptocurrency trading platform– from March to June 2021. According to a source in Paxful, reported by the Read More
Despite the suspension of crypto trading in Nigeria, amidst regulatory works, Nigeria is leading the Bitcoin P2P trading in Africa in the first quarter of 2021. Between January and March, Nigeria posted a peer-to-peer (P2Read More
The Securities and Exchange Commission (SEC) has announced a collaboration with the Central Bank of Nigeria to work on regulating cryptocurrency trading in Nigeria. The Director-General, SEC, Lamido Yuguda, revealed this at the 2021 first Read More
As bitcoin recently hit a $1 trillion market cap at $54,000 per coin, many crypto traders might be unable share in the wins as few countries have ordered the ban of crypto exchange in local banks and Read More
Over the last five years, Nigeria has traded 60,215 bitcoins, valued at more than $566 million which, apart from the US, is the largest volume worldwide on Paxful, a leading peer-to-peer bitcoin marketplace. The data scraped from Read More
