Tag: crypto coins

How to spot fake cryptocurrency apps

Fake cryptocurrency apps often work by tricking users into downloading them, either through deceptive adverts or by impersonating a legitimate app Fake cryptocurrency...

Is cryptocurrency detrimental to web3 adoption in Africa?

In 1991 Stuart Haber and W. Scott Storenta were the first to perceive blockchain technology. Bitcoin became the pioneer of blockchain technology in...

South Africa: Pick n Pay accepts Bitcoin payments in all its 1628 stores

Customers can make Bitcoin payments via smartphone apps or by scanning a QR code Bitcoin payments are only available at Point of Sale...

South Africa’s Luno crypto exchange forced to cut of 35% of its staff to survive

Luno recently announced its plans to lay off 35% of its Workforce on the 1st of February. In 2020, DCG officially purchased...

Ethereum’s new meme token, Big Eye Token, set to overrun popular crypto tokens

Amid crypto winter Solana fell by at least 93%, and Ether's value reduced by at least 75%, while Dogecoin only lost about 55%...

USA Institutions dominate buys as Bitcoin surges

According to Matrixport, 85% of Bitcoin buys have been by USA-based institutions 85% of Bitcoin buys responsible for the Bitcoin surge have occurred...

Shiba Inu rallies above all others in the year long crypto winter

Shiba Inu has expanded the capabilities of their network by developing a layer two blockchain network that will address all its scalability issues. ...

Morocco’s rocky crypto journey

In November 2017, Morocco's Central Bank, the Bank of Al-Maghrib (BAM), released an official notice banning the use and distribution of any digital...

How to view crypto, stock and ETF charts directly on Twitter

You can search for charts for the leading stocks, Exchange Traded Funds and Cryptocurrencies within Twitter This brings the convenience of price charts...

Has the 2022 crypto bear market ended

Given these actions, one cannot rule out that global authorities are preparing to confront the industry through legal and regulatory means. And if some of these companies lose their battles with the securities regulator, this could negatively affect cryptocurrency prices. As such, no one should be cracking open the Champagne just yet. Yes, prices have recovered to some extent in the past few weeks, but with the global economy still mostly slowing down its decline rather than showing real strength, it would be just too premature to conclude that the 2022 crypto bear market has ended.

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.

Crypto wallets designed for Africa by Africa

Mara is an upcoming African crypto trading application that has its base in both Kenya and Ghana. KuCoin is an African crypto...

How to start a crypto exchange platform in Africa

First and foremost is to understand that Africa's ecosystem differs significantly from the way of things in other continents Technical knowledge and budgeting...

Ripple makes a move for the Africa mobile money market

According to GSMA, Africa accounts for a whopping 70% of the mobile money market MFS Africa is a multinational mobile money payment provider....

Solana plummets due to its association with FTX

When FTX was still at the top of its game, it amassed vast sums of  SOL(Solana). This boosted Solana's ratings and ecosystem significantly. ...

Cardano’s 2023 approach into Africa’s crypto market

Cardano announced its partnership with Ethiopia in 2022, marking its first significant descent towards Africa's crypto ecosystem Cardano has failed to market their...