Three Founders from Kaduna are Transforming Daily Bitcoin Usage in Africa
Founders and Background: The TAPNOB platform was created by three young Nigerian tech entrepreneurs—Fishon Amos, Mubarak Muhammad Aminu, and Solomon Emmanuel—who transitioned from skepticism about blockchain to developing a practical solution for using Bitcoin in everyday transactions in Africa.
TAPNOB's Mission: TAPNOB aims to simplify the use of Bitcoin for daily payments, addressing challenges like high remittance fees and unreliable peer-to-peer trading, with a vision to become the Bitcoin-native financial layer for Africa.
Early Success and Challenges: Since its launch, TAPNOB has processed over 1,500 transactions worth $15,000, but faces hurdles such as regulatory uncertainty, user trust issues, and the complexities of building a reliable financial infrastructure.
Future Aspirations: The co-founders plan to double transaction volumes, enhance user experience, and expand into other African countries within three years, ultimately striving to make Bitcoin a seamless payment option for everyday purchases.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36462.09 | 48231.045 | 61197.84 | 72966.795 | 85933.59 | 97702.545 | 110669.34 |
| Fibonacci | 48231.045 | 57680.101 | 63517.738 | 72966.795 | 82415.852 | 88253.488 | 97702.545 |
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