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Day: January 30, 2023

Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

Nigeria has seen a 60% increase in the price of bitcoin since ATM withdrawals were restricted. Currently, 1 BTC costs $38,792 on the NairaEX cryptocurrency exchange in Nigeria. Over the price of Bitcoin on the open market, this amounts to a premium of more than 60%. It happens when the Central Bank of Nigeria keeps pushing for a cashless society among the populace. News Sorce

Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin stays out of fear for 11 straight days as price tips near 24K

In the Crypto Fear and Greed Index, Bitcoin (BTC) has just recorded its 11th straight day outside the “Fear” zone. At 8:10 p.m. UTC on January 29, Bitcoin reached $23,955, its highest level of the year. BTC will likely surpass $25,000 this week, according to 57.7% of 3,725 respondents in a CoinGecko poll from January 29. However, only 21.2% of voters believe that BTC is poised for a decline under $22,000. News Sorce