Bitcoin surges past $90,000 as investors flee tumbling dollar, volatile stock market

Bitcoin surged above $90,000 for the first time since March, rising over 5% to $91,605.01 on Tuesday, according to Coin Metrics. It briefly touched $91,752.00 and is now up more than 8% over two days, rebounding 22% from its April low. The rally comes amid continued stock market turbulence and a weakening dollar. U.S. equities […]

Continue Reading

CBEX allegedly wiped off Nigerian investors’ N1.3trn in nine months

CryptoBridge Exchange known as CBEX may have joined a long list of successful scams in Nigeria. According to Nigerian investors, the people behind the digital platform have carted away over N1.3 trillion from their wallets after crashing on Monday. The platform now joins the scams hall of fame in the country. This list includes Mavrodial […]

Continue Reading

As China warns investors, Bitcoin plunges below $40,000

Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them. The comments sent the unit diving more than 10 per cent and dealt it another blow soon after being battered by comments from […]

Continue Reading