Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years

Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75 billion in the period under review. According to an analysis of bitcoin trading platform Paxful’s database shared with news.Bitcoin.com, Nigeria has traded the equivalent of 60,215.7 BTC – more than any other country in the world. Only the U.S. exchanged more bitcoin – 535,660.3 BTC. With trades of $55.3 million or 5,894.8 BTC, Kenya comes…

WEF’s crypto council explores utility beyond ‘price speculation’ in inaugural review

The World Economic Forum’s cryptocurrency working group published its inaugural review on Thursday — its first step in communicating the application of digital assets in finance and beyond. In a 38-page report, the Forum’s Global Future Council on Cryptocurrencies highlights the various use cases of digital assets “beyond price and speculation.” The foreword, written by CoinShares’ Meltem Demirors and Visa’s head of crypto Cuy Sheffield, states: “The Council has […] created this booklet to highlight a non-exhaustive list of companies, protocols and projects that represent the diversity of use cases…

The Coinbase IPO is coming, according to SEC filing

One of crypto’s most-anticipated initial public offerings is one step closer. On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The company wrote that: “The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions.” Per its last valuation, Coinbase was worth $8 billion, but that was in 2018. As it stands, the firm is one of the biggest names in crypto and has a reputation for…

One exchange is trying to make debt tokenization a thing in crypto

An increasing number of mainstream financial activities have become blockchain integrated in line with the growing crypto segment. Now tokenized debt markets are entering the space as well. “CoinFLEX has created a new market for short-term commercial paper, enabling private companies to borrow USD and BTC unsecured for crypto trading purposes,” the company said in a public statement on Thursday. In traditional finance, corporate bonds act as a way for participants to give businesses funds in exchange for interest, as described on Investopedia. Investors receive their initial capital back at…

30 BILLIONAIRES ARE BUYING BITCOIN RIGHT NOW!!!! [inside information]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📺 New Bybit Tutorial: BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but is NOT financial advice. On this channel, The Moon, I make 1 video every single day about crypto news & Bitcoin. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and I’ll also show you the most relevant news…

Crypto banks are the sector’s game-changers

The crypto space has come a long way since its inception in 2008. Many areas have improved over the last 12 years, such as custody and exchange solutions. If you ask the early adopters of crypto, they can tell you stories about how hard it was to set up a wallet or how cumbersome it was to go to a meetup and exchange Bitcoin (BTC) without being scammed. Since then, things have changed for the better when it comes to user experience and user interface. Nowadays, creating a cryptocurrency wallet…

Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021

On December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for payments.” Dotcom said he expects bitcoin cash to jump in value by 900% next year and reach a $3k per unit handle. Megaupload creator, Kim Dotcom, has been tweeting about the rising cryptocurrency economy, alongside the troubled U.S. economy as well. Last month, Dotcom said a “great depression is coming” and also insisted that the “U.S. economy [is] on such…

BITCOIN ₿ DANGEROUS WEEKEND AHEAD ¦ CME CLOSE 16,3K ¦ BITCOIN Technical Analysis 14,11,2020

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