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Tag "cryptocurrency market"

Bitcoin price drops below $25,000 — lowest since December 2020

    Bitcoin price drops below $25,000 — lowest since December 2020

Bitcoin, the world’s largest crypto by market cap, has dropped 12 per cent to $24,138. According to CoinMarketCap, the price of bitcoin stood at $24,063 on Monday at 11:00 GMT+1.

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Crypto market loses $356bn in 24 hours — and $1 trillion in two months

    Crypto market loses $356bn in 24 hours — and $1 trillion in two months

The value of the cryptocurrency market stood at $1.61 trillion on Saturday, representing 11.8 percent decline over the last day, according to data on CoinMarketCap.  The price crash culminated in a

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Bawa: EFCC has recovered $20m worth of cryptocurrency from fraudsters

    Bawa: EFCC has recovered $20m worth of cryptocurrency from fraudsters

Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), says the commission has recovered $20million worth of cryptocurrency from cybercriminals.  He said the commission sees cryptocurrency as an

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Crypto market tumbles as Elon Musk’s Tesla suspends Bitcoin payment option

    Crypto market tumbles as Elon Musk’s Tesla suspends Bitcoin payment option

The cryptocurrency market plunged Thursday morning, after Elon Musk, chief executive officer of Tesla, announced that the electric carmaker has suspended bitcoin payment option. In March, Tesla had introduced bitcoin

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