Bitcoin

Total 60 Posts

Using Bitcoin as a small business in Africa

One of the ways that small businesses in Africa can use Bitcoin is as a store of value. For instance, if a small business owner in Nigeria bought and held Bitcoins worth 10,000 Nairas at the beginning of 2019, his investment would have increased by about 85% after one year.

Jack Dorsey and Jay Z have teamed up to fund Bitcoin development in Africa and India

It's not clear how Jack Dorsey and Jay Z's ₿trust will work or the type of projects it will be funding. What we do know at the moment is that Jack Dorsey and Jay Z are looking for three people to be part of the Board.

Mastercard to accept cryptocurrencies on its network

Mastercard will soon, later in 2021, support cryptocurrency transactions on its network. This announcement came at a time when crypto is gaining popularity and prices reaching all-time highs.

Some cryptocurrencies predictions for 2021

As far as cryptocurrencies like Bitcoin go, ongoing volatility, further progress on regulations, and continued interest from institutional investors can be expected in 2021.

Crypto, the year in review

This year’s Bitcoin rally differs from the previous bull run in 2017 in that the first one was largely driven by retail investors’ fear of missing out. This time, sophisticated investors are taking up long positions.

Luno, South Africa’s largest cryptocurrency exchange, acquired

New York's Digital Currency Group has acquired South Africa’s largest cryptocurrency exchange, Luno, for an undisclosed amount of cash. Luno has 5 million customers and a presence in 40 countries.

China launching its own cryptocurrency could be the start of a global revolution

While technological change has been incredibly fast in the information era, the system of international payments has lagged behind. But once sovereign digital currencies start taking off, this will suddenly change.