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40 Percent of UK Crypto Investors are Women: Gemini Survey

40 Percent of UK Crypto Investors are Women: Gemini Survey
Last Updated: 29 January 2021
Gender inequality has always been a problem that several industries have had to deal with over the years. Apparently, that issue has crept into the crypto space too. However, a new study shows that women are getting more representation in the United Kingdom’s crypto industry.
More Women Getting Into Crypto
The Gemini Exchange published a trends report, showing the gender-based classifications of crypto investors in the U.K. The report shows a significant shift in trends, with women taking a more participatory role in the industry over the past few years. ....

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Nigeria emerges 2nd largest bitcoin market after United States

With 60,215 bitcoins, valued at more than $566 million which, apart from the US, zNigeria is 2nd largest bitcoin market in the world followed by China as the third Naija247news seen on Paxful, a leading peer-to-peer bitcoin marketplace.
The data scraped from Coin Dance shows from the beginning of May 2015 to the middle of November this year, bitcoin trade in Nigeria have increased yearly at least 19% in volume since 2017, and the highest volume (20,504.50) was traded in 2020.
Bitcoin trade had its highest spike of 30% this year during the national lockdown in the country and the highest volume traded during the peak of the pandemic. Between January and September, Paxful reported a 137% increase in new registrations in Nigeria. ....

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Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira

Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira
The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians toward Bitcoin and crypto adoption.
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News
Peer-to-peer Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show the country ranks second only to the United States in trading volume.
Since 2015, Nigerians have traded over 60,200 BTC on the Paxful platform amounting to about $566 million in volume over the period. Data from Coin Dance shows trading activity for the week ending Dec. 12 at 886.3 million naira (about $2.3 million). ....

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Nigeria is the second-largest bitcoin market after the US — Quartz

December 18, 2020
During the police brutality protests in Nigeria in October, bitcoin saved the day when the government shut out protesters from using local payment platforms for collecting donations to support it.
The young, tech-savvy protesters quickly switched to using bitcoin, and in about a week bitcoin accounted for around 40% of the nearly $400,000 raised. It was just one high-profile example of how young Nigerians increasingly use bitcoin to navigate a complicated and restrictive banking and monetary system.
In the last five years, Nigeria has traded 60,215 bitcoins, valued at more than $566 million which, apart from the US, is the largest volume worldwide on Paxful, a leading peer-to-peer bitcoin marketplace. The data scraped from Coin Dance shows from the beginning of May 2015 to the middle of November this year, bitcoin trade in Nigeria have increased yearly at least 19% in volume since 2017, and the highest volume (20,504.50) was traded in 2020. ....

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