NairaEx Blog Providing latest news and announcements related to the NairaEx website as well as the general cryptocurrency in Nigeria.

CategoryTechnology

Nairaex monthly roundup- November review

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november news roundup

The month of November saw Bitcoin reach unexpected highs as it tested $20,000 levels with an average price of $18,000. At just under $20,000 the cryptocurrency hit its highest level in almost three years, since 2018. More institutional investors entered the markets, driving up activity. Near the end of the month, the price of the cryptocurrency slipped as investors tried to cash out on gains made...

Major Chinese Miners Expecting Increasing Investment in Bitcoin

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Hash rate

Major Chinese cryptocurrency miners are betting on increasing Bitcoin investments in the next six months which will help keep them in business after the May 12 halving. The sentiment was found in a survey conducted by crypto services firm RockX on May 4, 2020. According to this survey, approximately 57% of the total Chinese cryptocurrency miners believed that a large influx of new investors was...

NairaEx Blog Providing latest news and announcements related to the NairaEx website as well as the general cryptocurrency in Nigeria.