TechMart

Bitcoin Futures Debut Triggers 26% Rally, Circuit Breakers

Futures on Bitcoin surged as much as 26 percent in their debut session on Chicago Board Options Exchange (CBOE) Global Markets Inc.’s exchange, triggering two temporary trading halts designed to calm the market. Bitcoin futures expiring in January were 20 percent higher at $18,040 as of 9:50 a.m. in New York from an opening level of $15,000, on 3,051 contracts ...

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Paylater Joins Google Mentorship Program

Online digital financial services firm, Paylater is one of the two Nigeria companies that made it to the fifth class of Launchpad Accelerator by Google. Google Launchpad Accelerator is a six month acceleration program that matches top growth-stage startups from emerging countries or ecosystems with the best of Google including its people, network, and advanced technologies – to help scale ...

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Bitcoin gains $3,000 in 72 hours to set new record

World’s number one virtual currency by value, bitcoin, has crossed $15,000 setting another all time high. The cryptocurrency has gained N3,000 in the space of three days as investors’ activities increase over news that bitcoin will be listed as a product on the CBOE futures on December 10, 2017. Bitcoin price surged to a lifetime high of $15,058 on the ...

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Digital currency firm, Luno hits 1 million users

Luno, a London-based bitcoin company with operations in Nigeria, Malaysia, Indonesia, South Africa and United Kingdom said its user base topped 1 million last week. In an email chat with BusinessDay, Luno’s country manager Owenize Odia said that while one million customers downloaded the company’s wallet in November 2017, about 500,000 are actively using the platform on a monthly basis. ...

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Bitcoin Futures Trading: Unchartered Waters?

A few weeks ago, the bitcoin world was rattled by uncertainties over a potential negative impact of Segwit2x hard fork on bitcoin’s future. That chapter was gratefully brought to a close with the announcement that the hard fork had been cancelled over lack of consensus. Then came CME Group’s announcement that it will launch bitcoin for the first time on ...

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As Bitcoin Beats $10,000, Nigeria Transaction Fees Spike

Bitcoin price finally beat the $10,000 mark on Tuesday morning, reaching $10,099.80 on the Coinmarketcap.com Index. However the cost of transactions is keeping some potential local investors away as last week’s data showed that volumes in Nigeria declined to N1.393 billion from N1.575 billion it saw two weeks ago. The price of bitcoin briefly topped $10,099.80 setting a new all-time ...

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Bitcoin Has Made Another huge progress Of Over $9,000

Every week since October, bitcoin has managed to keep us glued to the edge of our seats. With new all-time-highs becoming a new way of life for the crypto, we might as well take off the roof. Within the space of one week, bitcoin has added over $2,000 to its price. On Saturday evening it climbed to over $9,000. As ...

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