The latest Bitcoin halving has occurred, marking the fourth instance of this event, but this one stood out from the previous ones due to significant involvement of institutional investors. Bitcoin price typically rises following a halving event. Historically, this pattern has held true for each bitcoin halving. The fourth Bitcoin halving in 2024 may not … Read more
Approximately a few hours ago, we witnessed the fourth Bitcoin halving event, which occurred at block number 840,000. This significant economic process plays a crucial role in regulating the Bitcoin (BTC) supply by reducing the reward given to miners for each new block created, thus increasing the asset’s scarcity. The Bitcoin network experienced its fourth … Read more
The U.S.A and Nigeria are ready to hold talks about the digital economy, new technologies including AI, in order to discover possible collaborations. At the end of a four-day Workshop on Nigeria’s National Artificial Intelligence Strategy in Abuja, Mr. Arthur Brown, representing the US Embassy as Deputy Chief of Mission, shared that high-ranking US government … Read more
The Bitcoin halving that took place on April 20, marking the fourth time this event has occurred, could lead to particularly optimistic price trends for Bitcoin. This prediction is informed by previous market patterns and the introduction of Bitcoin ETFs on regulated exchanges. Bitcoins record-breaking price of over $73,600 for the first time was reached … Read more
The court hearing over Binance and two of its executives being accused of tax evasion in Nigeria has been postponed until May 17. This change in schedule is due to Binance not yet receiving the formal notice of the accusations. Based on reports from BusinessDay’s local news outlet, the Federal Inland Revenue Service (FIRS) has … Read more
Miners sold their BTCs ahead of the halving Percentage of miners’ revenue derived from transaction fees rose too The amount of Bitcoin (BTC) held by miners reached a 12-month low prior to the recent halving, as reported by IntoTheBlock. This might indicate that miners had sold off their coins ahead of the halving taking place. … Read more