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Category: <span>Crypto Currencies</span>

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3 Reasons Why Bitcoin Doubled in less than a Month – Experts

3 Reasons Why Bitcoin Doubled in less than a Month – Experts

1. Fear of missing out While passionate retail investors powered bitcoin’s 2017 rally, public companies sparked the token’s latest climb. MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the bitcoin Association, told Insider. The move opened the door for other public companies to view...

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Cryptocurrency Market Value Surpasses $1 trillion

Cryptocurrency Market Value Surpasses $1 trillion

Bitcoin smashed through $37,700 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time. The digital coin hit an all time high of $37,739.08 at around 1:44 p.m. Singapore time, just a few hours after blowing past $36,000, according to...

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Binance-backed Injective Protocol Launches Testnet for its DeFi trading platform

Binance-backed Injective Protocol Launches Testnet for its DeFi trading platform

Decentralized exchange protocols that allow crypto traders and investors to trade across different blockсhains have been in development for a while. A significant new development now comes with the launch of the “Testnet” from Injective Protocol. Injective has been backed by Binance, one of the biggest centralized exchanges in the crypto world. Injective Protocol  is one of...

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Crypto Currency: Bitcoin Continues with The Onward Surge

Crypto Currency: Bitcoin Continues with The Onward Surge

Bitcoin climbed past $19,000 Tuesday as the world’s best-known cryptocurrency continues its 2020 surge. The price of bitcoin was trading about 4.25% higher for the session at $19,207, according to data from industry site CoinDesk. Bitcoin has been on a tear in 2020, skyrocketing over 150% in a jump crypto enthusiasts have credited to unprecedented monetary...

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SA Financial Watchdog to Legitimize Crypto Assets as Financial Products

SA Financial Watchdog to Legitimize Crypto Assets as Financial Products

The Financial Sector Conduct Authority (FSCA) has published new draft rules that may up-end cryptocurrency selling in South Africa. There’s currently no protection for South Africans who buy cryptocurrencies, and these currencies are not regulated. The country has seen numerous cryptocurrency-related scams, with South Africans losing millions. While still not regulating crypto assets, authorities now...

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ECB Will Adopt Digital Currency says President Christine Lagarde

ECB Will Adopt Digital Currency says President Christine Lagarde

European Central Bank President Christine Lagarde signaled that her institution could create a digital currency within years in what would be a dramatic change to the euro zone’s financial sector. “My hunch is that it will come,” Lagarde said Thursday during a virtual panel discussion hosted by the ECB. “If it’s cheaper, faster, more secure for the...

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Actress Kate Winslet’s Latest Investment in Crypto Currency Platform – Bitcoin Up

Actress Kate Winslet’s Latest Investment in Crypto Currency Platform – Bitcoin Up

British actress and philanthropist Kate Winslet has made a name for herself as a brash straight-talker who doesn’t mind being honest about how she makes her money.Last week, she appeared on BBC Ten O’Clock News and announced a new “wealth loophole” which she says can transform anyone into a millionaire within 3-4 months. Kate urged everyone...

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Crypto Currency Feature: What is Bitcoin?

Crypto Currency Feature: What is Bitcoin?

The world’s first widely-adopted cryptocurrency. With Bitcoin, people can securely and directly send each other digital money on the internet. Bitcoin was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper. It’s an appealingly simple concept: bitcoin is digital moneythat allows for secure peer-to-peer transactions on the internet....

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Revix: Digital Assets Platform is Bringing Cryptocurrency Investing Into The Mainstream

Revix: Digital Assets Platform is Bringing Cryptocurrency Investing Into The Mainstream

The JSE-listed specialty investment group, Sabvest, announced a 30% stake in Revix, a digital asset investment platform that offers investors diversified exposure to 85% of the global cryptocurrency market, through a single investment bundle. The funding will refine the platform’s technology suite, springboard the company beyond South Africa’s borders, and educate investors about the benefits of...

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What is Cryptocurrency?

What is Cryptocurrency?

Bitcoin, Ethereum, and other crypto are revolutionizing how we invest, bank, and use money. Read this beginner’s guide to learn more. At its core, cryptocurrency is typically decentralized digital money designed to be used over the internet. Bitcoin, which launched in 2009, was the first cryptocurrency, and it remains by far the biggest, most influential, and...