Cryptocurrencies have gathered the attention of many owing to the huge volatility this novel asset category saw only last week. Now, there are as many as 7000 digital currencies and some seem to have sprung up because of the last crisis, the massive sell-off these currencies are continuing to witness.
• FUD• FOMO• HODL• BUIDL• SAFU• ROI• ATH• ATL• DYOR• DD• AML• KYC
The Central Bank of Nigeria (CBN) said there was no time the bank banned the activities of Cryptocurrencies in the country.
Crypto traders have been experiencing high price swings since the U.S Treasury Secretary referred to crypto as of “particular concern. The current market condition at the crypto market has made traders and investors suffer heavy losses on the account that roughly $638.55 million worth of crypto positions disappeared into thin air within 24 hours.