P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions
on April 18, 2021
After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets or on peer-to-peer trading platforms. Nigerian Crypto Traders Get Creative Still, the increasing trades on
JulSwap Listing on AscendEX
on April 18, 2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Julswap Token (JULD) under the pair USDT/JULD on Apr 16 at 1:00 p.m. UTC. JulSwap is a community-centric decentralized exchange that helps crypto projects raise liquidity by conducting IDOs, organizing staking
We Should All Expect Repercussions When The Music Stops on Dogecoin
on April 18, 2021
Year-to-date gains for Dogecoin come to over +6,000%, making it significantly more profitable than Bitcoin, which is up a comparatively paltry 88% over the same period. Most view this as generally positive for crypto, not least in the fun and charitable sense. However, given the lack of fundamentals underpinning DOGE’s price, the fallout could be
Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
on April 18, 2021
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed Bitcoin’s Hashrate Down 49% At the time of writing, the
Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA
on April 18, 2021
The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects and use a shared patent library with the crypto patent organization. Bitpay Joins