Tag: crypto bear market 2022

Crypto Industry in 2023: hope from the first quarter after 2022 Struggles

The price increase is due to the selling exhaustion of sellers FTX’s collapse, an improving macroeconomic outlook for risk assets, and the impending arrival...

Crypto trading in Africa on the rise despite challenges

So far, only a small portion of the population represents crypto adoption in Africa. If this trend continues, Africa is poised to be the next frontier of cryptocurrency adoption. Comparing the number of cryptocurrency owners against the country’s entire population across leading markets on the continent reveals that only 8.52 per cent of Kenya’s population is actively involved in crypto trading. South Africa, Nigeria, and Ghana follow closely at 7.11, 6.31, and 3.01 per cent, respectively. Consequently, many people remain curious to know how the crypto industry has transformed the payment landscape in Africa and the factors that have influenced the growth of crypto trading across Africa, even ahead of leading global markets.