Trade your gift cards and Cryptocurrencies  with ObedFX Exchange [Best market rate]

Trade your gift cards and Cryptocurrencies with ObedFX Exchange [Best market rate]

Looking for the best place to trade your Bitcoin, Etherum, other cryptocurrencies, and also where to exchange your gift cards at the best market rate? worry no more ObedFX Exchange ghat you. here we : Buy and Sell Bitcoin etherum and other cryptocurrencies Trade giftcards such as Amazon. apple, steam ,etc Buy paypal funds and…

BREAKING: Bitcoin trades $60k on news of possible Bitcoin Futures ETF approval

BREAKING: Bitcoin trades $60k on news of possible Bitcoin Futures ETF approval

Flagship cryptocurrency, Bitcoin has broken through the $60,000 resistance zone for the first time since the May 2021 market crash. This bullish momentum in the trading session seems to be fueled by a Bloomberg report, which cited unknown sources, that the United States Securities and Exchange Commission (SEC) will approve the first U.S. Bitcoin futures…

Payment platform, Strike, launches feature to convert paychecks to bitcoin

Payment platform, Strike, launches feature to convert paychecks to bitcoin

Lightning Network payment platform, Strike, the payment company created by Zap Inc., popularly known for its work in El Salvador and the usage of the bitcoin lightning network, is following the footsteps of Coinbase by allowing its United States users to instantly convert all or a portion of their paychecks into bitcoin. According to the…

What the world can learn from Bitcoin nation, El Salvador

What the world can learn from Bitcoin nation, El Salvador

All eyes have been on the Latin American nation that became the first to adopt Bitcoin as a legal tender, despite warnings from international organizations like the International Monetary Fund (IMF) and World Bank. The President of El Salvador, Nayib Bukele, has taken to Twitter to give facts about the milestones and achievements the country…

JPMorgan says institutions are buying bitcoin rather than gold

JPMorgan says institutions are buying bitcoin rather than gold

According to a JPMorgan note discussing the factors that contributed to Bitcoin’s rally back to being a trillion-dollar asset class, the American multinational investment bank and financial services holding company gave three reasons, one of which stated that in the face of rising inflation, there is increased appetite from institutional investors who are seeking a…

Bitcoin reclaims trillion dollar asset status

Bitcoin reclaims trillion dollar asset status

Flagship cryptocurrency, Bitcoin has now reclaimed its trillion-dollar asset status it lost after the May 2021 crash, which was caused by China’s ban on cryptocurrencies and cryptocurrency mining activities. Today, the price of Bitcoin traded as high as $55,172, breaking the critical resistance zone at $52,000, signaling a renewed bull run for the asset class….

Naira falls further at official market as foreign reserve gains $786 million in a day

Naira falls further at official market as foreign reserve gains $786 million in a day

Tuesday, 5th October 2021: The exchange rate between the naira and the US dollar closed at N414.3/$1, at the Investors and Exporters window, where forex is traded officially. Naira depreciated further against the US dollar on Tuesday, to close at N414.3/$1, representing a 0.18% fall compared to N413.55/$1 recorded on Monday 4th October 2021. Meanwhile,…

Bitcoin reclaims $50,000

Bitcoin reclaims $50,000

Flagship cryptocurrency, Bitcoin has reclaimed the $50,000 trading mark as the month of October proves to live up to its name as a bullish month for cryptocurrency assets. The new price point indicates a near recovery of all the losses encountered in September where Bitcoin fell from a high of $52,850, to trade as low…

Bitcoin Lightning Network node sets new record

Bitcoin Lightning Network node sets new record

Data from on-chain analytics provider, Glassnode reveals that Bitcoin’s layer-two solution, the Lightning Network (LN), node count has spiked to a new all-time high (ATH) following the adoption of the network, especially in Latin American country, El Salvador. According to Glassnode’s latest weekly on-Chain report, the number of Lightning Network nodes increased by 160% so…

Once again, wealthy investors trigger Ethereum prices above $3,000

Once again, wealthy investors trigger Ethereum prices above $3,000

Rather than investing in Bitcoin futures, large-scale investors are turning to Ethereum futures as predictions for the world’s largest cryptocurrency softens, pushing the leading altcoin above the $3,000 price levels once again. Bitcoin futures traded lower in September than the actual price of a Bitcoin The CME futures contracts used by institutional investors to gain…

2.1 million Salvadorans are ‘actively’ using Chivo wallet

2.1 million Salvadorans are ‘actively’ using Chivo wallet

The President of El Salvador took to Twitter to tout the success of what many analysts are calling his “Bitcoin Regime,” stating that 2.1 million citizens of the Latin American nation are actively using the government-backed wallet, Chivo. He tweeted, “2.1 million Salvadorans are ACTIVELY USING @chivowallet (not downloads). Chivo is not a bank, but…

Exchange rate gains marginally at official market as Bitcoin price dips significantly

Exchange rate gains marginally at official market as Bitcoin price dips significantly

Tuesday, 21st September 2021: The exchange rate between the naira and the US dollar closed at N413.28/$1, at the official Investors and Exporters window. Naira gained against the US dollar on Tuesday, to close at N413.28/$1, representing a 0.1% appreciation compared to N413.68/$1 recorded on Monday, 20th September 2021. The global crypto market nosedived on…

Bitcoin: El Salvador buys the dip again, now holds 700 BTC

Bitcoin: El Salvador buys the dip again, now holds 700 BTC

“They can never beat you if you buy the dips,” said the President of El Salvador, Nayib Bukele, as he announced that his country has “bought the dip” to the tune of 150 BTC. This puts El Salvador’s total BTC holdings at 700 BTC. President Bukele announced on his Twitter platform that his country bought…

El Salvador excludes foreign Bitcoin investors from paying taxes

El Salvador excludes foreign Bitcoin investors from paying taxes

El Salvador announced through the legal advisor to the President, Javier Argueta, that the country is looking to exempt foreign investors from taxes on Bitcoin profits. According to Javier Argueta the aim of the policy is to encourage entrepreneurs and investors to migrate into the region. While speaking with AFP, Argueta stated that “If a…

Despite crash, $1.2 billion worth of bitcoin leave exchanges

Despite crash, $1.2 billion worth of bitcoin leave exchanges

Data from glassnode, an on-chain analytics company, suggests that investors are still accumulating Bitcoin as $1.2 billion worth of the flagship crypto left exchanges despite crashing over 18% in one-hour last week Tuesday. Bitcoin experienced a market crash last week Tuesday that sent it crashing from a high of $52,850, according to coinmarketcap to trade…

Naira slumps to N545/$ at black market as hoarding and speculative buying intensifies

Friday, 10th September 2021: The exchange rate between the naira and the US dollar closed at N412/$1, at the official Investors and Exporters window. Naira depreciated further against the US dollar on Friday, to close at N412/$1 as against the N411.67/$1 recorded at the close of trade on Thursday, 9th September 2021, representing a 0.08% drop….

Naira crashes to N540 at black market, disparity now N130

Naira crashes to N540 at black market, disparity now N130

Thursday, 9th September 2021: The exchange rate between the naira and the US dollar closed at N411.67/$1, at the official Investors and Exporters window. Naira depreciated further against the US dollar on Thursday, to close at N411.67/$1 compared to N411.5/$1 recorded at the close of trade on Wednesday, 8th September 2021, representing a 0.04% fall….

Breaking: Crypto tsunami as bitcoin suddenly loses $9,000

Breaking: Crypto tsunami as bitcoin suddenly loses $9,000

In one of the most volatile days of the year, BTC price action fell below $43,000 as trading continued on September 7 after trading above $52,000 in the early hours of Tuesday Ironically, U.S. Treasury yields, which are on the rise, prompted investors to trim their risky asset positions on Tuesday before a European Central…

Bitcoin takes off as El Salvador adopts it as legal tender

Bitcoin takes off as El Salvador adopts it as legal tender

On Tuesday, the crypto market continued testing new support levels after a rally overnight pushed prices over $52,000 as the tiny Latin American nation adopted bitcoin as legal tender, maintaining its bullish momentum. As El Salvador becomes the first country in its 12-year history to accept bitcoin as legal tender on Tuesday, bitcoin is experiencing…

Top 5 cyptocurrencies to watch in September

Top 5 cyptocurrencies to watch in September

The cryptocurrency market in August recovered significant grounds that was lost in the May 2021 crash. The cryptocurrency market capitalization gained approximately 28% in the month of August from approximately $1.65 trillion at the beginning of the month to $2.12 trillion. The altcoin market led the rally as the market capitalization gained 43.5% in August…

Twitter is working on integrating Bitcoin

Twitter is working on integrating Bitcoin

The Crypto verse is excited about Twitter’s plans to integrate Bitcoin. Twitter’s product lead, Kayvon Beykpour, confirmed the social media platform is working on integrating Bitcoin’s Lightning Network. In its current form, the Lightning Network has been developed by software developer, Lightning Labs and can process far more transactions per second than Bitcoin’s main blockchain,…

Bitcoin trades $50,000 again as bears lose over $340 million

Bitcoin trades $50,000 again as bears lose over $340 million

The bears are licking their wounds as they lose over $340 million on their short positions taken against the price of flagship cryptocurrency, Bitcoin, which trades over $50,000 as of the time of this writing. Bybt’s total liquidation chart revealed a total liquidation of $405.68 million as bitcoin headed towards $50,000. Of the total liquidations,…

Naira falls to record low at black market as dollar supply drops significantly by 62%

Naira falls to record low at black market as dollar supply drops significantly by 62%

Monday, 30th August 2021:  The exchange rate between the naira and the US dollar closed at N411.63/$1 at the Investors and Exporters window, where forex is traded officially. Naira appreciated against the US dollar to close at N411.63/$1 on Monday, representing a 37kobo gain when compared to N412/$1 recorded at the close of trading on Friday,…

Strange whale moves $945 million worth of Bitcoin as BTC breaks below $47,500

Strange whale moves $945 million worth of Bitcoin as BTC breaks below $47,500

As August comes to a close, a mysterious investor moved a large amount of Bitcoin. Based on data gathered from an advanced Bitcoin tracker, more than 20,045 BTC worth $945 million was moved in block 698,357. Whale investors — those with wallets holding at least $50 million — raised their holdings throughout June, July, and the first…

Bitcoin, Ethereum accepted by 5-star Swiss hotel

Bitcoin, Ethereum accepted by 5-star Swiss hotel

Guests at the Swiss-based Chedi Andermatt hotel can now settle bills up to 200 Swiss francs using Bitcoin or Ether, according to a recent report by Blick. As of right now, prices appear to be set in fiat to reduce volatility, with any cryptocurrency immediately converted into francs by the hotel. “In the hotel industry, cryptocurrencies…

PrimeXBT Analyst Kim Chua: Bitcoin breaking All-Time High could cause “Quick Parabolic Move” to $100K

PrimeXBT Analyst Kim Chua: Bitcoin breaking All-Time High could cause “Quick Parabolic Move” to $100K

Bitcoin price action is bullish once again, and the leading cryptocurrency by market cap has made a strong recovery back to around $50,000. According to lead PrimeXBT analyst Kim Chua, a Golden Cross forming in BTCUSD gave bulls enough “firepower” to blast through the $44,000 to $48,000 region. Chua says that the level has since flipped to…

Convicted drug dealer charged with laundering 2,933 Bitcoin while in jail

Convicted drug dealer charged with laundering 2,933 Bitcoin while in jail

A Maryland federal court has accused a dark web drug dealer known as Xanaxman of laundering $137 million worth of Bitcoin from prison. While in prison, the drug dealer, who has been in custody since 2018, has allegedly laundered 2,933 Bitcoins. Farace, aka Xanaxman, was previously jailed for selling Alprazolam on the dark web. Farace…

Naira records significant gain at official market despite 27.8% drop in dollar supply

Naira records significant gain at official market despite 27.8% drop in dollar supply

Friday, 13th August 2021: The exchange rate between the naira and the US dollar closed at N410.80/$1 at the official Investors and Exporters window. Naira appreciated against the US dollar to close at N410.80/$1 on Wednesday, representing a 0.21% gain when compared to the N411.67/$1 that was recorded the previous day. However, the naira still remained stable at the…