Bitcoin

Crypto Chatter - no FUD, no PUMP, no FOMO
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It was all fun and games and Elon SNL memes when the online crypto webonanza continued unabated this week.

Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Bitcoin

Despite ban, Bitcoin P2P trading volume captures $1.5+ billion in Nigeria
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Recently, the Nigeria crypto space was met with a rude awakening when the Central Bank of the country barred financial institutions from providing their services to companies dealing in crypto-related transactions. However, despite this high level of hostility towards Bitcoin and other crypto assets, the African country has witnessed tremendous

Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Nigeria

Report: Bitcoin miners are hoarding
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A leading crypto analytic site, Glassnode, has revealed an interesting attitude amongst Bitcoin miners in recent times. According to the site, miners of the top crypto asset are now accumulating more of the flagship cryptocurrency than in recent months. Per the chart released by Glassnode, newly minted BTCs are not

Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Bitcoin

Facebook quells rumor about Bitcoin holding
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While many in the crypto space were expecting Facebook to declare that it was holding Bitcoin on its balance sheet during its Q1 earnings call, the social media giant has now silenced the rumors after it ended the call without mentioning the leading crypto asset.

Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Facebook

Nexon buys $100 million Bitcoin
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Since the beginning of the year, different institutions worldwide have adopted Bitcoin as a viable vehicle of investment that can be used to hedge against inflation. The latest company to invest in the leading crypto asset is the publisher of the Tokyo-based video game, Nexon, who announced in a press

Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Nexon

Could Facebook be Holding Bitcoin?
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Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Facebook

Tesla Profits From Bitcoin Sales, Musk Denies Selling his Stash
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Earlier this year, leading electric car maker Tesla made headlines within the crypto space after it announced the purchase of Bitcoin up to the tune of $1.5 billion. In its first quarterly report of the year, the firm has now announced that the leading digital asset had made a

Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Tesla
Bitcoin is an Information Network backed by Energy Divided by Time

Bitcoin is an Information Network backed by Energy Divided by Time
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By Nanok Bie, October 12, 2015 This post was written in 2015. But, because the language is "general", it should still hold up today. You be the judge: The Bitcoin network uses energy with a 10-minute average checkpoint “measurement” to secure the blockchain, using a “guesswork” algorithm* – to make sure

Webonanza - Analysis & News You Can Use
Webonanza - Analysis & News You Can Use
Bitcoin