Cryptocurrency

Ethereum, the leading blockchain platform known for its smart contract functionality and decentralized applications, is gearing up for a significant upgrade known as Dencun. This upgrade holds the promise of revolutionizing transaction fees on the Ethereum network, particularly for layer-2 solutions. The Significance of Layer-2 Blockchains Layer-2 blockchains have emerged as crucial scaling solutions for … Read more

Nigerian Crypto Investors’ Reaction to Binance’s Departure: The Nigerian government banned Binance naira operations, raising concerns among experts and crypto enthusiasts. Experts worry about its impact on the economy, especially youth unemployment.   Economist’s Perspective Economist Shedrach Israel likened the Binance ban to using paracetamol for malaria, stating it won’t solve the naira’s issues. He … Read more

Bitcoin hits even another high, and Ether surpasses $4,000: As it climbs to $72,750.16, Bitcoin keeps rising and sets yet another record high. The price increase of the leading cryptocurrency, coupled with erratic trading, represents an important turning point in its history. The quiet trading of the previous week gave way to fresh energy, driven … Read more

Crypto Investors in Nigeria React to Binance’s Exit: The recent announcement by Binance to suspend naira-to-dollar exchange services has sent shockwaves through the Nigerian cryptocurrency community. Investors are now faced with the prospect of trapped funds as Binance halts withdrawals and delists spot trading pairs against the naira. This move, initiated following a dispute with … Read more

As the cryptocurrency market gears up for the anticipated bull run, investors are keen on identifying projects with the potential for long-term growth and success. The industry is rife with opportunities, but discerning the projects with promising foundations is crucial. Before diving into investments, it’s essential to practice “DYOR” – Do Your Own Research.   … Read more

Bitcoin has once again surged to unprecedented heights, reaching a remarkable milestone of over $69,000. This surge marks yet another chapter in the roller-coaster journey of the world’s largest digital currency. The latest peak surpasses its prior record of $68,990.90 from November 10, 2021, as reported by the Wall Street Journal, citing data from the … Read more