Bitcoin News in Nigeria

The post American Bitcoin Corp acquires 416 BTC, boosting holdings to 4,783 BTC appeared on BitcoinEthereumNews.com. Key Takeaways American Bitcoin Corp acquired 416 BTC, raising its total holdings to 4,783 BTC. The acquisition announcement notes backing from Trump, highlighting growing support. American Bitcoin Corp purchased 416 Bitcoin, bringing its total holdings to more than 4,783 Bitcoin, valued at over $440 million at current market prices, according to a Wednesday press release. The company’s Satoshis Per Share metric rose more than 17% over the past month, as noted in the release. The team said the rapid reserve expansion demonstrates the strength of its accumulation model since listing on Nasdaq. “In the three months since we listed on Nasdaq, we have built one of the largest and fastest growing Bitcoin accumulators, supported by a cost structure and margin profile that positions us for long-term value creation,” American Bitcoin’s co-founder Eric Trump stated. “We remain laser-focused on advancing our strategy and building on this momentum in the months ahead.” ABTC shares closed up around 1.5% on Tuesday. The stock has been under pressure in recent weeks after its pre-merger private placement shares became eligible for public trading. Source: https://cryptobriefing.com/bitcoin-acquisition-american-corp/

The post Jack Dorsey is now selling Bitcoin wallets privately appeared on BitcoinEthereumNews.com. Jack Dorsey is selling Bitcoin hardware wallets privately through his company Block Inc. People can grab a futuristic looking BTC hardware wallet, named Bitkey, without sharing their home address. According to a post published by Bitkey on X, anyone located in the US can order the hardware wallet and have it shipped to a pickup point like FedEx, Dollar General, Albertsons, Kroger stores, and up to 9,000 Walmart locations. Getting a Bitkey only requires a name and an email address if the user pays in Bitcoin and selects a pickup point. private pick-up your bitkey https://t.co/pV2kXGfagI — jack (@jack) December 2, 2025 Dorsey’s Bitkey works without a seed phrase Bitkey has a different recovery model compared to other hardware wallets. Most crypto hardware wallets rely on a seed phrase, which comprise 12 to 24 combinations of random words. Many people have lost access to their crypto holdings forever. That’s because their seed phrases were lost, stolen, burnt in a fire, or accidentally tossed in the trash. The Bitkey website says, “Seed phrases are hard to manage, easy to lose, and attractive targets for even low-tech scammers.” It continued: “It’s a single point of failure and represents a fundamental weakness of prevailing self-custody models.” Moreover, most crypto wallets are singlesig (single-signature). In other terms, users have one signature to sign all transactions. Hackers have an easy job targeting a singlesig wallet with a seed phrase. Bitkey eliminates the need for a seed phrase. It’s a multisig (multi-signature) wallet with three keys. Each key is saved on a separate device. One key is on the smartphone, another inside the hardware wallet, and the last one is saved on the Bitkey server. This design helps people recover their BTC even if they lose their physical wallet or smartphone. Bitkey signs Bitcoin transactions with…

Roxom launches a Bitcoin-settled global stock exchange for public Bitcoin Treasury Companies. The platform uses tokenized equities initially and aims to onboard all Bitcoin treasury stocks worldwide. Roxom has introduced the first stock exchange that runs entirely on Bitcoin and targets investors who are interested in Bitcoin treasury companies. This development removes the need to [...]]]>

PANews reported on December 10th that, according to Solid Intel monitoring, just minutes ago, BlackRock's Bitcoin spot ETF IBIT transferred a total of 2,100 BTC to Coinbase Prime, valued at approximately $193.9 million at the current price. The transfer was divided into seven transactions, each containing 300 BTC.

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Crypto Markets Today: Fed Rate-Cut

The post MSTR Stock Explodes Amid Fed Rate Cut Signals, Bitcoin Recovery appeared on BitcoinEthereumNews.com. Key Insights MicroStrategy (MSTR) stock closed at $188.99 on December 9, 2025. This was a 2.9% gain after peaking intraday at $197.98. The rally followed the company’s disclosure of a near-$1 billion Bitcoin acquisition and the broader cryptocurrency market’s recovery. Technical analysis suggested the stock remained in a consolidation phase. Strategy (formerly MicroStrategy) stock closed at $188.99 on December 9, climbing 2.9% after reaching an intraday peak of $197.98, fueled by the company’s disclosure of a $962.7 million Bitcoin (BTC) purchase and a broader cryptocurrency market rally. Strategy disclosed in a Securities and Exchange Commission filing that it purchased 10,624 BTC between December 1 and December 7 for approximately $962.7 million at an average price of $90,615 per coin. The acquisition lifted the company’s total holdings to 660,624 BTC, reinforcing its position as the largest corporate holder of the cryptocurrency. MSTR daily price chart | Source: TradingView The purchase announcement served as a confidence signal that typically correlated with upward MSTR stock price movements during Bitcoin rallies. The timing coincided with Bitcoin’s recovery toward $95,000, supported by institutional adoption developments and favorable macro conditions heading into the Federal Reserve’s December policy meeting. PNC Bank, the eighth-largest US commercial bank, launched direct spot Bitcoin trading for eligible clients inside its platform on December 9, powered by Coinbase’s Crypto-as-a-Service infrastructure. The institutional adoption milestone provided a sentiment boost across cryptocurrency markets, extending to MicroStrategy shares. Markets anticipated a Federal Reserve rate cut at the week’s policy meeting, easing anxiety over financial conditions across risk assets and supporting the broader rally. On-chain mechanics added momentum as Bitcoin pushed through the $89,000 to $92,000 range, flushing leveraged short positions that triggered hundreds of millions in reported liquidations, fueling a rapid move toward $94,000. Technical Analysis Showed Consolidation Following May Peak Trader Stock Pattern Pros…

The post The Most Critical Day of the Year Has Arrived: Bitcoin Awaits the FED Interest Rate Decision Today! What Time Will It Be Announced? Here Are the Expectations and Everything You Need to Know! appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is attempting to recover after the sharp declines it experienced in October and November. Moving within a narrow range and trying to find direction, attention is now focused on today’s FED decision, a significant macro event that could determine Bitcoin’s short-term trajectory. At this point, the Fed is preparing to hold its final monetary policy meeting of the year, which is of vital importance for the future of the global economy. Despite limited access to critical data due to the prolonged US government shutdown, the Fed is still expected to cut interest rates. When will the Fed’s December interest rate decision be announced? The Fed will announce its December interest rate decision on December 10, 2025 at 10:00 PM Turkish time. Following the decision, Federal Reserve Chairman Jerome Powell will make a verbal statement at 10:30 PM. In which direction are expectations concentrated? Following the 43-day government shutdown, the longest in US history, moderate inflation and employment data are strengthening expectations of a Fed interest rate cut. In money markets, the probability of the Fed cutting interest rates by 25 basis points this month is at 87.6%, with expectations that rates will be lowered to the 3.5% – 3.75% range. Only 12.4% expect the Fed to keep the policy rate stable between 3.75% and 4.00%. Federal Reserve officials are divided on the roadmap the bank should follow. At this point, Federal Reserve officials, led by Board Member Michael Barr and Chicago Fed President Austan Goolsbee, state that the Fed needs to be cautious to avoid disrupting the fight against inflation, that they want to see more data, and that keeping interest rates stable is logical. Conversely, some officials, including Fed member Stephen Miran and New York Fed President John Williams, express support for interest rate cuts, stating that…

The Bitcoin price jumped 2.7% in the past 24 hours to trade at $92,880 as of 2:32 a.m. EST on trading volume that rose 17% [...]

After threatening to break out on Monday, Tuesday was the day when Bitcoin finally broke out of an 8-week downtrend. If the $BTC price can stay above the downtrend line on Wednesday, a daily confirmation of the breakout will have been achieved. Could this be a signal that the bull run is about to recommence?

With the fear sentiment lingering, the broader crypto market has registered a gain of over 2.62%. All major assets have entered the green zone, including the largest assets, Bitcoin (BTC) and Ethereum (ETH). They are trying to reclaim their recent highs, currently hovering at $92.7K and $3.3K. Among the altcoins,