Bitcoin
NairaEx in the Spotlight NairaEx is West Africa’s leading cryptocurrency exchange, with a growing digital footprint across the continent. Since its inception, it has grown its user base not only in Nigeria but across different continents in the world. From USA to China, different individuals use NairaEx. As with
Bitcoin
Elon Musk, the brain behind Tesla, SpaceX, and Paypal has cleared the air on his opinions on cryptocurrency. During a podcast, he states that he is “neither here nor there on Bitcoin”. Pretty Clever Technology When asked by the interviewers on his take on Bitcoin and cryptocurrencies, Musk referred to
Blockchain
The Dubai Multi Commodities Center (DMCC) with the backing of the Dubai government, is set to launch its own "Crypto Valley" in the United Arab Emirates (UAE). Announced at the WEF Davos Conference, the DMCC will partner Swiss-based startup CVVC to build a sector dedicated to promoting cryptocurrency
Bitcoin
Popular adult entertainment website Pornhub has added a new cryptocurrency payment option to aid easy payments of its models. According to an official blog post, the website now offers support for the Tether (USDT) stablecoin , aiding easy, instant and zero fee payments for Pornhub models. “Since PayPal’s decision to
Bitcoin
An email reveals that peer-to-peer cryptocurrency marketplace, LocalBitcoins is suspending services to customers located in several regions in Africa. The African regions mentioned in the email include Ethiopia, Botswana, Tunisia, Libya, Nigeria, and Ghana. LocalBitcoins Enhanced Due Diligence Woes in Africa The email suggests that increasing pressure from the European
Bitcoin
Billionaire venture capitalist and investor, Tim Draper says that Fiat currency will soon be a thing of the past as Bitcoin displaces it as a medium of value exchange in economies around the world. Tim Draper Chooses Bitcoin over Fiat According to Draper, “Once Bitcoin goes through some improvements, there
Bitcoin
A bill seeking to exempt personal and small cryptocurrency transactions from US capital gains tax has been reintroduced to the United States Congress. The bill dubbed: "The Virtual Currency Tax Fairness Act of 2020", seeks to establish a distinction between virtual currency expenditure that qualifies as personal transaction
Bitcoin
According to crypto analyst, Nicholas Merten Bitcoin and the altcoin markets are on their way to a meteoric rise in price. While on the show, Datadash, Merten asserted that Bitcoin will eventually hit $100,000. $2 Trillion Market Capitalisation Incoming The analyst believes that the target for the next bull-run
Blockchain
Turkey makes history with the optimization of its gold-backed cryptocurrency, BIGA. The digital currency is now fully functional, with different financial institutions in the region already using it. Gold Cryptocurrency is Good to Go The nation’s top lender, Istanbul Clearing, Settlement and Custody Bank (Takasban) was able to complete
Africa
Rapper Akon in a recent tweet revealed that agreement for his "Akon City" (Crypto City) project has been finalized; following the signing of an MOU with SAPCO - Senegal's state-owned tourism department. The Akon City project is hence slated to launch in Senegal by 2025, and
Education & News
Rumours of the launch of a digital dollar have made news rounds in the cryptocurrency markets after a tweet suggests the US Federal Reserve will announce a digital dollar on 16 January 2020. A New Era for the Dollar The move could prove to be a critical factor in driving
Bitcoin
On its launch 11 years ago (2009), Bitcoin was a relatively unknown currency or asset which as at today has asserted its influence in the monetary and financial sphere of the global economy. Bitcoin's current popularity and impact could be attributed to its huge investment returns, sloppiness of