Bitcoin News in Nigeria

The post Bitcoin Price Crash Warning, BTC Could Be Heading Below $110K and ETH Sub $4,000 appeared on BitcoinEthereumNews.com. Crypto News 20 September 2025 | 16:13 Nakamoto, the Bitcoin treasury company led by David Bailey, has suffered a 50% share price crash. To traditional finance experts, this could be the start of a Bitcoin price “death spiral.” To them, the Bitcoin price could head below $110K for the first time in months while Ethereum drops below $4,000. But despite this storm of uncertainty hanging over crypto prices, several people are rushing the LayerBrett (LBRETT) presale. It’s the hottest event in today’s market, and over $3.8 million raised in record time gives hints of a coin that is destined to rake in tremendous profits when it finally gets rolling. Bitcoin Price: Red September Returns, Support Levels Shake Statistically, September has always been a brutal month for Bitcoin. The top crypto has posted negative returns in 8 of the last 12 years and averaged a 3.77% monthly loss. The “Red September” curse is back in force this time around, as Bitcoin price looks to be slipping away from August’s highs. This drop coincides with millions of dollars in ETF outflows, inconsistent price stability as well as the 50% drop in Bitcoin treasury firm Nakamoto’s shares. Technical indicators like MACD and RSI are also signalling bearish momentum. According to crypto analysts, these could culminate in a Bitcoin price drop below $110K, a critical support level. It’s unclear whether BTC would bounce back up immediately or if now would be the best time for investors to do some  portfolio rebalancing exercise. Is Ethereum Ready to Drop Below $4,000? Like Bitcoin, Ethereum isn’t immune from the crypto market’s bearish winds. Current analysis suggests ETH risks breaking the pivotal $4,000 level if whales continue to sell their holdings. Many expected Ethereum to clear $5,000 in its last run but that hasn’t materialized, so naturally, there…

Crypto market faces a slight pullback as Bitcoin ($BTC) drops below $116K and Ethereum ($ETH) dips, while DeFi TVL plunges but NFT sales rise today.

The post Solana Co-Founder Speaks on Quantum Computers, Warns Bitcoin Developers appeared on BitcoinEthereumNews.com. Key Notes Solana co-founder recently highlighted that advancements in quantum computing may put Bitcoin cryptography at risk. On this premise, he thinks it is important that the cryptography is migrated. Craig Gidney, a Quantum AI researcher at Google, also holds the same stance as Yakovenko. The matter of quantum computing and its impact on Bitcoin (BTC) has come up again. This time around, Anatoly Yakovenko, Solana co-founder, highlighted that advancements in this technology may eventually put Bitcoin cryptography at risk. He said there is a possibility that the blockchain may be forced to migrate. Bitcoin Cryptography Migration Becomes Imminent While attending the All-In Summit 2025, Yakovenko issued a warning of how the rapid advancements of quantum computing can force Bitcoin cryptography to change. He capped the odds of this event happening in the next 5 years at 50/50. In his opinion, a definitive algorithm migration is important to avoid the risk of security failures. “There’s “a 50/50 chance that within five years there’s a quantum breakthrough—meaning you can run Shor’s algorithm,” the Solana co-founder noted. This algorithm has the capacity to compromise the existing signature schemes that power the transactions of the Bitcoin blockchain. The industry has already seen top technology companies release quantum computing chips like Google Willow. Ultimately, quantum computing is categorized as an existential risk for today’s primitives and a potential economic catalyst comparable to Artificial Intelligence (AI). In light of this possible scenario, Yakovenko thinks that it has become imminent to move Bitcoin to a quantum-resistant signature scheme. Bitcoin ECC Cryptography at Risk of Shor’s Algorithm It is worth noting that Solana co-founder’s concerns echo a stance held by Craig Gidney, a Quantum AI researcher at Google. Back in May, the latter warned that Bitcoin’s encryption faces growing risks due to rapid advancements in quantum computing. In…

The post XRP’s legal victory ignites the crypto bull market, with IOTA Miner becoming a new favorite for stable income. appeared on BitcoinEthereumNews.com. As the cryptocurrency market enters a full-blown bull market, XRP’s victory in its legal battle against the U.S. Securities and Exchange Commission (SEC) has become one of the biggest positives for the market. This news not only stabilizes XRP’s price in the $3 range but also fuels investor expectations of future breakthroughs to $5 or even $10. Amidst this surge in market enthusiasm, a growing number of investors are realizing that relying solely on price increases doesn’t guarantee long-term returns. Consequently, a large number of holders are turning to IOTA Miner cloud mining for stable daily passive income. Data shows that some users can earn up to 7,000+ XRP daily through the platform, offering stable returns without requiring any active effort. IOTA Miner’s advantages include a compliant and transparent operating model, 100% green energy mining farms, cross-chain computing power integration, and a DeFi dividend mechanism. Users don’t need to purchase expensive mining machines or have any technical skills required; simply register an account and start mining immediately. The platform also supports multi-currency payments such as USDT, BTC, ETH, XRP, etc., with flexible capital inflow and outflow, and security is guaranteed by multiple encryption and protection mechanisms. How to quickly earn daily income with IOTA Miner Step 1: Register for a free account on the IOTA Miner platform using any email address (new users receive a $15 welcome bonus and a $0.6 daily sign-in bonus). Step 2: The platform offers a variety of contract plans suitable for different users. Choose the one that suits you and increase your stable income. Step 3: Wait for the contract period to end and withdraw your capital and earnings. The following is an example of your potential earnings: Contract Type funds period Daily income principal plus total earnings DOGE/LTC $100 2Day $5 $100+$10 BTC/BCH $1,500…

The post Faraday Future’s $41M Investment Transforms Qualigen into Crypto Platform appeared on BitcoinEthereumNews.com. Key Points: Faraday Future invests $41M, transforming Qualigen into crypto-focused CXC10. CXC10 focuses on crypto index/ETF, Web3 gateway, and tokens. Jia Yueting to be Chief Advisor; oversight role secured. Faraday Future strategically invests $41 million in Qualigen Therapeutics, transforming it into CXC10, a crypto and Web3 platform, marking a significant pivot from biotech to digital finance. The shift signals increasing convergence between traditional and digital financial sectors, potentially impacting top cryptocurrencies and provoking regulatory interest in the new ETF and stablecoin offerings. CXC10’s Strategic Venture in Crypto and Web3 Faraday Future announced its $41 million PIPE investment in Qualigen Therapeutics, rebranding it as CXC10, a new crypto and Web3 business platform. Jia Yueting, contributing $4 million personally, will hold a 62% collective stake in CXC10, ensuring strong governance and influence. As Jia Yueting, Founder of Faraday Future, noted, “Our investment in Qualigen represents a transformative step for both companies, pivoting towards the exciting future of crypto and Web3 technologies.” The rebranded CXC10 plans to develop a crypto index/ETF (C10 Value Anchoring), a (BesTrade DeAl Agent), and ecosystem tokens including RWA products and a C10 stablecoin. These initiatives aim to create new avenues in digital finance and trading ecosystems. Market reactions are closely monitored as Jia Yueting’s track record receives mixed feedback in public forums. So far, no official comments have been issued by institutional backers or regulatory bodies, but the announcement highlights a strategic pivot in branding and platform focus. For more insight into potential regulatory perspectives, visit the U.S. Securities and Exchange Commission’s website. Challenges and Opportunities Amid CXC10’s Launch Did you know? When Eastman Kodak pivoted to blockchain in 2018, it saw mixed outcomes, illustrating the challenges traditional companies face entering crypto. According to CoinMarketCap, Bitcoin (BTC) is currently valued at $115,966.23, with a market cap of $2.31…

PANews reported on September 20th that Bitdeer, a Nasdaq-listed Bitcoin mining company, released its latest Bitcoin holdings data on the X platform. As of September 19th, its total Bitcoin holdings had increased to 1,966.1 (Note: This number is pure holdings and does not include Bitcoin deposited by customers). In addition, its Bitcoin mining output this week was 99.5 BTC, but 69.0 BTC were sold during the same period.

The post Shorts Beat Longs By 485 BTC appeared on BitcoinEthereumNews.com. Bitcoin Traders Still Bearish: Shorts Beat Longs By 485 BTC Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/bitcoin-bearish-shorts-outweigh-longs-485-btc/

The post Fed Interest Rate Cut to Drive Ether, XRP, Solana, Cardano, DOGE, Shiba Inu Price Boom ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Barron’s, one of the most respected names in financial journalism, recently published an article on its website on the correlation between the rate cut and an ongoing altcoin boom. The secondary crypto market was under pressure, hardly a week ago, as we approached the 16-17 September FOMC meeting. But, following a 0.25% rate cut announced by the Federal Reserve, the market jumped immediately upwards and is now reporting almost double-digit gains. The Barron’s article mentions that the market is responding quite positively to the rate cut, including the top three digital currencies, namely Bitcoin, Ethereum, and XRP. The rate cut immediately ignited the digital currency market, and there are estimates from analysts that it is just the beginning. Founded in 1921 by Clarence W. Barron, the publication is recognized as a premier financial resource with over 100 years of journalistic history. It has a weekly publication and influences the top market makers worldwide. It is praised for its sophisticated and comprehensive journalistic ethos.  Barron’s coverage of the cryptocurrency market couldn’t have come at a more effective time. The crypto market is nearing the end of its highly anticipated 2025 bull market, and institutional interest is peaking. Several new Exchange-Traded Funds (ETFs) of major cryptocurrencies, such as DOGE, have been approved in recent times. This is the first time in the history of the digital currency economy that so many digital currencies are going mainstream at the same time.  The Future The total market capitalization of the cryptocurrency sector has soared past the $4 trillion valuation for the first time in its history. Bitcoin alone commands around 57% of the total value right now, but altcoins are shooting up quickly and eating away at the share of BTC.  Advertisement &nbsp This is an indication of significant…

The post Banks for Crypto Super App, Coinbase’s Brian Armstrong Sets New Target appeared on BitcoinEthereumNews.com. Key Notes American cryptocurrency exchange Coinbase plans to displace traditional banks with a crypto super app. Coinbase CEO Brian Armstrong is irked by the shortfalls of the current banking system. He has promised 4% Bitcoin rewards with the coming of the crypto super app. Coinbase CEO Brian Armstrong may have found a way that the cryptocurrency sector can operate without the input of traditional banks. He hinted at plans to roll out a crypto super app, which will offer credit card services, payments, and even Bitcoin (BTC) rewards. Should this pull through, it will invariably rival traditional banks. From 3% Transaction Fees to 4% Bitcoin Rewards During a recent interview with Fox Business, Brian Armstrong spoke about Coinbase’s most ambitious vision. He noted that the American digital asset service provider aims to become a full-service crypto “super app,” as a replacement for traditional banks. The expansion will require that the top crypto trading outfit deliver a full suite of financial services. It is worth noting that Coinbase has made the right acquisitions in recent times to achieve this goal. Among its numerous bets is the $2.9 billion Deribit buy-up that was finalized in August. In other words, the Brian Armstrong-led exchange will facilitate payments with credit cards and rewards, all powered by crypto rails. Many key players in the digital asset ecosystem have already identified some shortcomings in the current banking system. This includes being outdated, inefficient, and demanding high transaction fees, among other issues. Armstrong stated that he was perplexed as to why these banks require as much as 2-3% for transaction fees. In his opinion, such actions should not carry a fee charge, especially because “It’s just some bits of data flowing over the internet.” The crypto boss re-echoed Coinbase’s plan to “become people’s primary financial account and I think…

On Thursday, September 18, the Bitcoin price enjoyed some form of rejuvenation following the outcome of the United States Federal Open Market Committee (FOMC) meeting. Federal Reserve Chair Jerome Powell announced an interest rate cut for the first time in 2025. The general crypto market rallied on the back of this rate cut announcement, with the Bitcoin price running to a monthly high and almost breaking above the $118,000 level on the day. However, the premier cryptocurrency has failed to build on this momentum, retreating to around $115,500 on Friday, September 19. With price unable to sustain a serious rally, the question on the other side is—is the Bitcoin market on the brink of capitulation? BTC Market Shows Zero Signs Of Capitulation In a post on social media platform X, market analytics firm Alphractal revealed that the Bitcoin market is far from price capitulation. According to the blockchain platform, the Bitcoin price has shown no signs of capitulation for over a year—since July 2024. Related Reading: Bitcoin Price Forecast: Expert Predicts 70% Chance Of New Highs Within Two Weeks This on-chain observation is based on the Market Capitulation Index (0 – 3), which tracks potential periods of intense downward price movement. This metric is based on three stress signals: Hash capitulation (>30% decline in 30 days), price capitulation (>50% drop), and supply capitulation (7-day active supply >15%), with each signal contributing a point apiece. According to Alphractal, scores of around 2 – 3 for the Market Capitulation Index indicate severe market stress and potential capitulation. Typically, high values for this metric suggest extreme selling pressure. Meanwhile, scores between 0 and 1 signal normal market conditions for the Bitcoin price. Looking at the metric—which is at zero—and the three stress signals, the BTC market does not show any signs of capitulation, with the hash rate hitting new all-time highs in September. Furthermore, while the Bitcoin price has not particularly impressed so far in the past few months, it has mostly been in a consolidation range rather than in a downward trend. Alphractal founder Joao Wedson noted in a separate post that it will likely take a few more months before the largest cryptocurrency market faces capitulation. Ultimately, this means that the Bitcoin price still has a chance of witnessing another leg up in the current bull cycle. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $115,400, reflecting an over 2% decline in the past 24 hours. Related Reading: Ethereum Price Will Still Climb Above $5,000 As Long As It Holds This Level Featured image from iStock, chart from TradingView