Luno

Total 16 Posts

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.

How some tech startups in South Africa have been holding up during the COVID-19 lockdown

South African FinTech startups share how the country’s extended lockdown has provided some with growth opportunities as people adapt how they engage with their finances, while other fintech companies share their challenges.

Bitcoin is going through a hype cycle

One of the main barriers so far for cryptocurrencies has been the difficulty of finding a trustworthy exchange and wallet provider. Another is finding comprehensive, accurate information about Bitcoin that anyone can understand without needing to know the finer details of the technology.

The reasons behind Bitcoin's recent rally

Over the past month, the Bitcoin price went up by 42%. Here are some of the reasons behind the recent Bitcoin rally.

Libra is a major innovation for finance

There is a very real need for a better financial system in developing economies. Cryptocurrencies (and in particular coins pegged to real-world currencies or assets like Facebook's Libra) would play a key role in impacting this.