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    Samsung heir Lee Jae-yong receives special presidential pardon

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    States salary survey: Abia State owe workers over 30 months salary

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    Samsung heir Lee Jae-yong receives special presidential pardon

    Samsung heir Lee Jae-yong receives special presidential pardon

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    The price of Flour Mills’ Mandatory Takeover Offer to Honeywell Shareholders revealed

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    Samsung heir Lee Jae-yong receives special presidential pardon

    Samsung heir Lee Jae-yong receives special presidential pardon

    States salary survey: Abia State owe workers over 30 months salary

    States salary survey: Abia State owe workers over 30 months salary

    Collaboration between Peter Obi and Kingsley Moghalu hinted at a meeting between the two

    Collaboration between Peter Obi and Kingsley Moghalu hinted at a meeting between the two

    Wike disowns suit against Atiku’s candidacy

    Wike disowns suit against Atiku’s candidacy

    Nigerians will soon know the “actual truth” about Atiku – Gov Wike

    2023: Wike sues Atiku, Tambuwal, INEC over Presidential Primary

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    Terrorists creating ‘parallel’ govt in Kaduna, ban political activities – El-Rufai tells Buhari

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    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Seplat says ‘no official notification’ on Buhari’s reversal of approval for ExxonMobil deal

    Mission around Taiwan is accomplished, regular patrols will continue – China

    Mission around Taiwan is accomplished, regular patrols will continue – China

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    US economy adds 528,000 Jobs in July, exceeding expectations

    US economy adds 528,000 Jobs in July, exceeding expectations

    NMDPRA to fast-track issuance of reviewed petroleum regulations

    NMDPRA to fast-track issuance of reviewed petroleum regulations

    NNPC says no plan to increase petrol price in March

    Petroleum subsidy cost jumps 1,452% from N257bn in 2006 to N4trn in 2022 – BudgIT

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    Jan-April 2022: Nigeria spent N4.72trn, only 16.4% is capital expenditure

    States with highest and lowest diesel prices in Nigeria

    States with highest and lowest diesel prices in Nigeria

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    Just in: CBN raises interest rate to 14%

    Nigeria’s Inflation rate hits16.47%, the highest since May 2017

    Just in: Inflation rises to 18.60% in June, highest in over 5 years – NBS

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    Germany’s energy giant hit by gas crisis seeks government bailout

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    Russian ruble hits 7-Year high, threatening export competitiveness

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    Cutix Plc founder sells additional 1.8 million shares of the company

    Seplat’s Non-Executive Director sells shares worth N25.33 million

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    Local Bourse Record Losses… As Year-to-Date drops to 17.09%.

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    Equities Market Recorded Gains… as NGX-ASI grows by 1.47%.

    Twitter deal: Musk sell $6.9bn of Tesla to avoid emergency sale

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

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    Equity Market turns bearish… As Value Traded Spikes by 409.01%

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    MTN Nigeria Communications Plc announces Board Meeting and close period for Q1 2021

    The Nigerian equities market fell… As market breadth stands at 0.93x.

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    Samsung heir Lee Jae-yong receives special presidential pardon

    Samsung heir Lee Jae-yong receives special presidential pardon

    The price of Flour Mills’ Mandatory Takeover Offer to Honeywell Shareholders revealed

    The price of Flour Mills’ Mandatory Takeover Offer to Honeywell Shareholders revealed

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    We are not party to wind-up court case instituted by Zenon Petroleum- Ardova Plc

    We are not party to wind-up court case instituted by Zenon Petroleum- Ardova Plc

    Wema Bank Plc issues notice of AGM, share capital reconstruction among agenda

    Resolutions passed at BUA Foods Plc’s 1st AGM

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    Delays in Visa issuance forces Air Peace to suspend flights to Johannesburg

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    Caverton reports N202.7 million Profit After Tax for the first half of 2022

    Acquisition of Mobil Producing Nigeria Unlimited by Seplat gets President Buhari’s approval

    Acquisition of Mobil Producing Nigeria Unlimited by Seplat gets President Buhari’s approval

    Ibom Air makes emergency evacuation of passengers in Lagos

    Ibom Air makes emergency evacuation of passengers in Lagos

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    Is Taiwan a part of China? A short history of Taiwan

    Is Taiwan a part of China? A short history of Taiwan

    Brent crude oil price rise above $70 on OPEC projections

    From a peak of $11.5bn under GEJ to $376.65k under PMB, how the OBJ created Excess Crude Account got depleted

    Ogun & Lagos sign MoU on rail project, WHY NOT South East?

    Ogun & Lagos sign MoU on rail project, WHY NOT South East?

    How Germany came to rely so much on Russia for gas

    How Germany came to rely so much on Russia for gas

    Zoonoses day: understanding and preventing Zoonotic diseases

    Zoonoses day: understanding and preventing Zoonotic diseases

    Anambra Election Post-Mortem – a Personal Opinion

    Anambra Election Post-Mortem – a Personal Opinion

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    How a Racing Heart may Alter Decision-Making Brain Circuits

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    Study reveals existing drugs that kill SARS-CoV-2 in cells

    Exposure to tobacco smoke in early life is associated with accelerated biological ageing, study finds

    Exposure to tobacco smoke in early life is associated with accelerated biological ageing, study finds

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Home Markets Cryptocurrencies

Bitcoin rises above $50,000; Ethereum, Dogecoin, Binance Coin all in green

Tuesday, 5 October 2021, 12:03 pm
in Cryptocurrencies, Markets
0
Current Cryptocurrencies are destined to fail long term – Bank of England Governor
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Bitcoin reclaimed the $50,000 mark on Tuesday for the first time since September 8, 2021.

Bitcoin maintained a steady gain in the past few days. It traded at below $41,000 on September 20, 2021.

The most popular cryptocurrency and the largest by market capitalization is trading 5.25% up at $50,137.7 at 10:39 GMT Tuesday morning.

Ethereum is also gaining 3.04% trading at $3,446.35, its highest since September 20, 2021.

Dogecoin is up 9.85% at $0.23764, while XRP is gaining 2.81% at $1.06048.

Binance Coin is trading at $440.25, a 4.81% gain in the last 24 hours.

Shibainu is up 50.85% in the last 24 hours, trading at $0.00001326, its highest price since May 20, 2021.

Read also: The reason behind Facebook, WhatsApp, Instagram outage

On Monday, Business titan and billionaire investor Mark Cuban said “Bitcoin is a great alternative store of value,” while sharing his view on how cryptocurrencies might shape the future during his appearance on Fox Business.

“I think it’s a better alternative than gold, but not all crypto is the same. You put Bitcoin in the category of stored value, then you move to things like Ethereum,” Cuban told his host, Neil Cavuto.

“Ethereum is really a significant network, and because of their smart contracts and their security and their ability to have distributed management, I think you’re going to see a lot of unique business applications occur,” Cuban went on to say, before elaborating.

“I’m investing in things like decentralized insurance applications, decentralized ways to distribute NFTs, which allow for things like 3-D printing files, textbooks – so many different applications,” he revealed. “It’s very analogous to what we saw in the early days of the internet when we went from analog to digital.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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