Nigerians haven’t given up on Bitcoin
Bringing more African music to movies and Tv
“I’m one of those people who social media really helped to figure out what they wanted to do with their life.”
After Excel told his father he would not be joining the military, he had to figure out what he would do to earn a living. While he waited to make a decision, he continued to do the thing he loved on social media – talk about movies, music and culture.
Twitter was where he would begin to build an audience of people who found his understanding of the zeitgeist fascinating. And it wasn’t far fetched that he found an audience.
A growing number of football teams are now venturing into crypto for obvious reasons. With a Covid-19 battered global economy, football teams have had their stadium gates closed in compliance with lockdown measures aimed at curtailing the spread of the virus, leading to billions of dollars in losses.
Data from Deloitte, revealed that major football league clubs will have lost over €2 billion in revenue by the end of the 2020/21 season, including amounts foregone in respect of 2019/20, as a result of the COVID-19 pandemic, primarily due to:
near-zero Matchday revenue for the Money League clubs beginning from March 2020, with fans unlikely to be able to return in significant numbers for any of the 2020/21 season;
Amid Nigeria’s apex bank’s recent warning to Deposit Money Banks, Non-Financial Institutions, and other financial institutions against doing business in crypto, Nigerians transacted more Bitcoin in comparison to other African countries combined in the past week.
According to a recent study seen by Nairametrics, data retrieved from Usefultulips (a Bitcoin analytic data provider) revealed that the use of Bitcoin for peer to peer lending in Nigeria surged by 15.8% since the CBN directive took effect about six days ago.
Nigeria led the pack with about $7.35 million in P2P trading on LocalBitcoins and Paxful, while the closest rival, Kenya, had a transactional value of just $2.86 million during the past week. South Africa came in third with a transactional value of $2.38 million.
The upcoming auction would occur in ten lots and will begin from March 29 to March 31.
The agency’s first-ever crypto auction closed on March 17, with 0.7501 Bitcoin being sold at an almost $9,000 premium. The auction featured 31 bidders and attracted over 200 entries.
The report advised interested bidders in applying as soon as possible;
This auction marks the second time cryptocurrency was sold by the U.S. government using GSA Auctions. A .7501 fractional share of a bitcoin sold recently for $53,104 after receiving 204 bids from 31 bidders.
This auction marks the second time cryptocurrency was sold by the U.S. government using GSA Auctions. A .7501 fractional share of a bitcoin sold recently for $53,104 after receiving 204 bids from 31 bidders.