Bitcoin adoption has seen steady growth among some countries in Africa led by Nigeria, South Africa, Kenya, Ghana and others. Beyond doubt, Nigeria has been the biggest market for Bitcoin peer-to-peer trading volume in recent months despite the strict regulatory policies. 

In February 2021, the Central Bank of Nigeria clarified that Bitcoin and other cryptos are not legal tender, and ordered banks to close accounts linked to such digital assets. Despite the regulatory uncertainties, Jack Dorsey, the CEO of Twitter Inc and founder of Square Inc has tipped the Sub-Saharan African country as the future of Bitcoin trading.

The people of Nigeria will lead bitcoin.

His belief in Africa as the future of crypto stems fr ... Read more »

Category: News | Views: 259 | Added by: danyagames2007 | Date: 14.06.2021 | Comments (0)

Bloomberg's chief commodity strategist, Mike McGlone, believes that 2021 shows numerous earmarks for Bitcoin’s strong advance as BTC still targets $100,000.

“$100,000 in 2021 is meager by Bitcoin standards"
McGlone has taken to Twitter to share his take on Bitcoin and say that the trend is upward and the coin is going towards $100,000, rather than $20,000.

In his tweet, the Bloomberg’s expert on commodities stated that 2021 is showing many of the typical earmarks for Bitcoin’s strong advance.

He has referred to the drop in the direction of the $30,000 level as “a discount within a bull market”. 

Among these factors, as per his tweet, are the ongoing incr ... Read more »

Category: News | Views: 242 | Added by: danyagames2007 | Date: 14.06.2021 | Comments (0)

close