Tag: Bitcoin value

Bitcoin Spot ETF Proposals Get Green Signal from US SEC after X Hacking Drama

The U. S. Securities and Exchange Commission officially approved the first US-listed exchange-traded funds to track Bitcoin. The US SEC has approved eleven applications...

Matrixport Predicts US SEC’s Rejection of Bitcoin Spot ETF Proposals

Bitcoin Spot ETFs are exchange-traded funds that track the value of Bitcoin and trade on traditional market exchanges rather than crypto exchanges. According...

Bitcoin halvings: an outlook into the past and future projections

Cryptocurrency miners get rewards with a portion of the currency every time they contribute new entries to the Bitcoin blockchain. This is known as the block reward. Bitcoin halvings remain an integral component of the protocol. They cut the block reward by half every 210,000 blocks. Due to the dynamic character of the Bitcoin blockchain, it is difficult to predict when future halvings will occur precisely.

Weighing on the possibility of Africa adopting Bitcoin as a reserve currency

African nations should build robust and stable economies that are less reliant on natural resources and more diverse. Potential transformation might come from investing in education research and innovation, infrastructure, improving governance, and reducing corruption. While Bitcoin could offer future advantages as a reserve currency, it is unlikely to be a realistic alternative for many African nations in the short term. Instead, African governments should concentrate on developing robust and stable economies less exposed to external shocks while remaining resilient to global market challenges.