Bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday, February 27, on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.
Bitcoin has rallied more than 10 per cent in two sessions, helped by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.
The original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning Exchange-Traded Funds (ETFs) in the United States.
On Monday, trading volumes in several of the funds spiked and crypto-linked firms rallied too, in contrast to nervous broader markets, according to Reuters.
Late singer Ifunanya Nwangene has been laid to rest in her hometown in Nkanu East…
President Bola Tinubu has arrived in Birnin Kebbi, the capital of Kebbi State, where he…
Terrorists have released a video showing 176 residents abducted from Woro community in the Kaiama…
A forest guard has been taken into custody for allegedly shooting his son dead at…
The Nigerian Exchange Limited (NGX) all-share index and market capitalisation appreciated by 6.16 per cent…
Kenyan athlete, Ezra Kering, has emerged the winner of the 2026 Access Bank Lagos City…
This website uses cookies.