The Bitcoin (BTC) price in Nigeria has soared well above market levels amid continued efforts by the central bank to push its citizens towards digitized cash. At the time of writing, the price of 1 BTC on the Nigerian NairaEX crypto exchange is currently 17.8 million Naira, which is equivalent to a whopping $38,792.

Though the prevalence of bitcoin miners using nuclear energy at scale could take years to materialize, several players in the space are bullish on the prospect. Volatility around bitcoin and the general slow pace of movement in an often risk-averse power industry could serve as barriers though, industry participants said.

ChatGPT is a powerful new artificial intelligence (AI) tool, capable of problem-solving, advanced coding, answering complicated questions and now spelling out the end of fiat currencies. Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin BTC tickers down would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread.

The Oracle of Omaha never saw a future in cryptocurrency.

Today, Bitcoin is still not widely adopted. However, 2020 and 2021 are considered a key period of validation for Bitcoin. During a bear market, investors moved away from riskier assets, but this is not the case for political institutions, which are still looking for a concrete regulatory framework for cryptocurrencies.

Bitcoin (BTC), the world's first cryptocurrency, is a decentralized digital currency that operates without the oversight of a central authority. This gives users complete control over their financial transactions, rather than relying on traditional financial institutions. Since its inception, Bitcoin has given rise to numerous other cryptocurrencies that have built upon its underlying technology. It has also gained popularity as an investment asset due to its potential for significant appreciation in value.

A Texas university is the latest to offer a Bitcoin course for students. The course will teach Bitcoin programming. Bitcoin and cryptocurrency courses are becoming increasingly popular in colleges and universities across the United States. The latest institution to join the trend is Texas A&M University, which has announced that it will be offering a course on the "Bitcoin Protocol" to its students starting from January 17th.

When bitcoin was created back in 2009, no one really paid any attention to it. It was considered a pet project of a few cypher punks on the internet. Fast forward to present times and it has become a giant that has become a commonplace name and birthed an entire industry, comprising thousands of coins and projects that came from it. Cryptocurrency has become so big that at the height of the bull run in 2021 its marketcap was three trilllion dollars.

As podcaster Peter McCormack has often observed, almost everything happening has a Bitcoin angle nowadays. This might not be surprising as Bitcoin is money and money runs the world, but it is surprising how quickly Bitcoin has moved into the centre of political controversy, both in national debates and geopolitical struggles. So here are six things that happened in 2022. Six things that’ll show up again in 2023 — but in different forms and featuring different people.

So much for enthusiasts championing the decentralization of cryptocurrencies.

New York has announced a $100 million settlement with Coinbase over what state officials called significant failures in the cryptocurrency trading platform's systems for spotting potential criminal activity.

Fintech, you're better than this. Time to concentrate on more helpful stuff

Binance, the world’s largest cryptocurrency exchange, said Tuesday it is pausing withdrawals of the stablecoin USDC while it carries out a “token swap.” The move comes as investor concerns grow about Binance’s stability following the collapse of rival exchange FTX as well as a report of a potential criminal investigation from the U.S. government.

Bitcoin and digital currencies are as yet faltering from the unexpected breakdown of crypto trade FTX last month (with even the greatest bitcoin price bulls abruptly paddling back their forecasts). The bitcoin price has found a bottom at around $17,000 per bitcoin in the wake of imploding from nearly $70,000 toward the end of last...

In the series “Not your Keys, Not your Bitcoin,” I call to the stand Sam Bankman-Fried. The now-infamous SBF who just turned FTX and Alameda into the biggest fiasco in cryptocurrency history! When a case like this breaks out, you are (unfortunately) never at the end of the (bad) surprises. That's what's happening right now for FTX, with new revelations that have just come to light.

Bitcoin is the rediscovery of money. It is money reconsidered. It is the removal of counterparty risk. It is the purest, fastest, soundest money, re-imagined from the ground up. It is computational proof of historical events, building up an incorruptible history without relying on trust.

European Bank criticises digital currency sector for facilitating illegal activity

Cryptocurrency exchange Binance on Thursday announced new details about its industry recovery fund, which aims to prop up struggling players in the wake of FTX’s calamitous bankruptcy. In a blogpost, Binance said it will devote $1 billion in initial commitments to the recovery fund. It may increase that amount to $2 billion at a point in time in the future “if the need arises,” the company added.

Twitter and Square CEO Jack Dorsey recently had some remarkably positive remarks about bitcoin. Predicting the future of finance, he suggested that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years.

Days after its lending unit was forced to halt withdrawals in wake of the collapse of crypto exchange FTX, Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital, reports Bloomberg citing people with knowledge of the matter.