Cryptocurrency Bitcoin price
In an economy characterised by high inflation, low foreign exchange reserves, and steep fees for transferring money, millions of people use cryptocurrency – a decentralised digital asset not controlled by any government – as an alternative. In Nigeria, crypto-exchanges such as Buycoins, Quidax and Busha have sprung up almost overnight, facilitating millions of dollars’ worth of transactions. Startups like Cryptofully have launched popular services to facilitate remittances. Accelerators have fostered new crypto-based solutions for old financial challenges, led by young tech-savvy developers. Wakanda cryptocurrency Obiex Finance, the go-to trading platform for both new and experienced crypto traders alike has listed two very important coins on the platform that are set to make the lives of every crypto enthusiast much easier.
The order also finds that over a six-week period—August through September 2016—a former Coinbase employee used a manipulative or deceptive device by intentionally placing buy and sell orders in the Litecoin/Bitcoin trading pair on GDAX that matched each other as wash trades. This created the misleading appearance of liquidity and trading interest in Litecoin. Coinbase is therefore found to be vicariously liable as a principal for this employee’s conduct. Previous “The steep falls seen in crypto values were partly a reflection that it is a market, unlike equities, that is dominated by retail investors,” she says. “With inflation and recession fears growing, many investors liquidated their holdings for fear of further price drops but also to bolster bank balances and savings pots to help them survive the cost of living crisis.