•Bitcoin Bitcoin crashed to its lowest level in six months yesterday, as a broad sell-off in risk assets deepened amid fading hopes that the Federal Reserve will cut U.S. interest rates at its upcoming policy meeting. Markets now price in about a 40% chance of a December rate cut, down from about 90% earlier this […]
Bitcoin hit a record high today during early Asian trading, surpassing $124,000, driven by favourable US legislation and a rise in US equities. The cryptocurrency rose above its previous July record, briefly exceeding $124,500 before retreating. US stocks ended higher yesterday, with the S&P 500 index and the tech-heavy Nasdaq reaching new...
The cryptocurrency market surged above $ 82,000 today after U.S. President Donald Trump announced a temporary 90-day pause on tariffs for the majority of trading partners, excluding China. Cryptocurrency market resumed optimism after tariff fears caused tension among investors, reports AFP. The 90-day tariff reprieve announced by Trump has pro...
Bitcoin’s price plunged nearly 10 percent yesterday as an escalating trade war and uncertainty over creation of a US crypto reserve fund sent investors running from risk. After jumping on US President Donald Trump’s talk of creating a national cryptocurrency reserve, bitcoin and similar digital assets dove in the face of concerns it might not ...
•Trump and Bitcoin Bitcoin hit a record high above $109,000 today as Donald Trump, who has signalled plans to deregulate the cryptocurrency sector, prepares to be sworn in as US President. Bitcoin surged to reach an all-time peak of $109,241 ahead of Trump’s inauguration ceremony, before falling back to $107,765 at around 0740 GMT, reports [&h...
The price of the cryptocurrency, Bitcoin, today surpassed the 100,000 dollars threshold for the first time on the Bitstamp platform. The oldest and best-known cryptocurrency climbed by about 4.8 per cent more than 24 hours, reaching 103,252 dollars at about 0300 GMT, according to Agency reports. In the past seven days, the leading cryptocurren...
US and European stocks powered higher, the dollar gained and bitcoin extended a record run on Monday, as traders took their lead from events in the United States and China. Chinese stock markets closed mixed and oil prices slid after China’s latest plans to stimulate its economy fell short of expectations, reports AFP. Wall Street’s […]...
Bitcoin was close to $73,000 in Asian trade today, approaching a record high with investors keeping a cautious eye on the US presidential election. The leading digital currency was trading around $72,470 at 0800 GMT, after climbing as high as $73,563.63 in late US trade, just shy of its all-time peak of $73,797.98 in March, […]
•Taxi driver Napoleon Osorio Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador. He credits President Nayib Bukele’s decision to bank on bitcoin three years ago with changing his life, reports AFP. “Before […]...
•The suspects The Lagos State Police Command apprehended two undergraduate companions who orchestrated a fake kidnapping scheme to extort money from their parents. The suspects, 21-year-old Balogun Ayodele, a second-year student at Lagos State University of Education, Ijanikin, and Okuomo Dennis, also 21 years old and a student at the National...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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