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How Cryptocurrency is Reshaping Finance and Innovation
Cryptocurrency use is spreading at a rapid pace in all parts of the continent, with both citizens and companies utilizing virtual currencies for payments, remittances, and investments. Bitcoin’s decentralized feature provides financial access to many unbanked citizens and safeguards against…
Will Bitcoin Stay Below 100K? Bulls Battle Bears For BTC Price Dominance as JetBolt Rockets
The crypto market is at a crossroads as Bitcoin’s price faces intense pressure from both bullish and bearish forces. Trading at $94,082.29, Bitcoin has seen a 2.5% daily decline, raising questions about its trajectory. With key support levels under scrutiny…
The Power of Bitcoin in an Interest Rate Cut Resistant Economy
As the global financial landscape undergoes significant shifts, one emerging observation is the likely de-sensitization of the U.S. economy to interest rate cuts in the upcoming business cycle. This phenomenon, akin to the recent desensitization to interest rate hikes, presents…
Exploring the Diversity: 5 Types of Cryptocurrencies
Cryptocurrencies have taken the financial world by storm, offering innovative solutions to traditional banking systems and investment avenues. Beyond the well-known Bitcoin, there exists a diverse landscape of cryptocurrencies, each with its unique features and purposes. Let’s explore 5 types…
Luno Divulges What 2024 Has in Store for Cryptocurrency
Bitcoin blasted into 2024 on a high note touching a 21-month peak and the groundbreaking approval of spot exchange traded funds (ETFs) for Bitcoin, according to Luno, South Africa’s largest crypto investment app. Bitcoin ETFs are significant as they open…
Surging Values and Active Addresses Signal a Turning Point
Bitcoin is experiencing a remarkable resurgence in 2023, defying economic challenges and surprising skeptics who declared the demise of the cryptocurrency market. The world’s most valuable digital currency has not only doubled in value, with a nearly 150% surge since…
New App Simplifies Cash Conversion in South Africa
Paycorp has introduced CryptoExpress, an app designed to simplify the conversion of cryptocurrencies to cash for South Africans. Seamlessly integrating with users’ crypto wallets, the app allows them to effortlessly withdraw cryptocurrency as cash at over 3,000 crypto-enabled Cash Express…
Bitcoin Fuels Solar Venture at Pretoria Boys High
Sun Exchange, the solar leasing platform, announces a major development: a crypto investor funds a sizable solar project with Bitcoin, delivering clean energy to Pretoria Boys’ High School. Earn-as-you-Use This individual has utilized the Sun Exchange platform to procure 98%…
Kenya Free Routing Launches Bitcoin Node
Africa Free Routing announces the launch of an innovative lightning payments node based in Nairobi. This milestone marks a significant turning point in Kenya’s financial landscape, introducing a transformative solution for lightning-fast and fee-free transactions. Kenya Free Routing: Empowering the Digital…
Could you fund your future holidays using Bitcoin savings?
With the end of the working year just around the corner, many South Africans are already wistfully dreaming about the holiday period that is on its way. Whether it’s lazy days at the beach, adventures in the Drakensberg, or carefree…
Could Bitcoin Ever Hit a New All-Time High?
Bitcoin, the world’s most important cryptocurrency, has remained around $20,000 in valuation since tumbling to $17,567 in June and has languished around that number well into August. The token is currently doing its worst performance for several months since hitting…
The Latest Trends of Bitcoin Trading in Morocco
Bitcoin is one of the most popular cryptocurrencies in the world. It is also one of the most traded assets on digital currency exchanges. In Morocco, Bitcoin trading has become increasingly popular in recent years. This is likely due to…
Will Bitcoin’s Woes Only Get Worse?
Crypto-enthusiasts are warned that things may get a lot worse before they start getting better. This is especially true for the world’s most important cryptocurrency. Wall Street is currently expecting the crypto winter to grow colder with a majority of…
Micro-Investing in Cryptocurrency with Upnup – ITNA Digital Innovation Podcast EP 5
This episode of IT News Africa’s Digital Innovation Podcast is brought to you by the Public Sector Cybersecurity Summit 2022. Learn more about how public sector organisations and their employees can protect themselves from the dangers of cybercrime now, go…
Are Cryptocurrencies Set to Soar in Africa in 2022?
Cryptocurrency is currently enjoying a meteoric rise all across the world, with over 20% of crypto assets worldwide being held in China, more Americans than ever trading thanks to Super Bowl commercials and celebrity endorsements, and Vietnam having the highest…
Top 4 Most Trending Stories – Week in Review
As this week comes to a close we take a look at the stories that resonated most with our readers. MTN’s former CEO prepares to launch a new venture, Safaricom and Visa launch a new partnership, is Bitcoin ready to…
