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Category: <span>Crypto Currencies</span>

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#CrypoCurrencies: Ethereum Surges near all-time Highs

#CrypoCurrencies: Ethereum Surges near all-time Highs

Following bitcoin’s surge to hit a new all-time high earlier in January, ethereum, the second largest cryptocurrency by market cap, neared $1,440 on Tuesday to inch toward the same feat — but that could just be the beginning of a 650% explosion, according to one strategy firm. Fundstrat Global Advisors’ cryptocurrency team issued an updated $10,500 price target...

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Blockchain Africa Conference 2021: Beyond the Hype, Goes Online

Blockchain Africa Conference 2021: Beyond the Hype, Goes Online

Blockchain Africa Conference 2021 organisers, Bitcoin Events, have announced that due to the global coronavirus pandemic and restrictions on travel and the uncertainty of the current environment, the 7th annual conference, will be hosted online this year.  The event comes as collective sentiment about blockchain technology and cryptocurrencies continues to rise, along with meaningful implementations...

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Bitcoin Investor Forgets Password to Digital Wallet Containing $220 Million USD in Bitcoin

Bitcoin Investor Forgets Password to Digital Wallet Containing $220 Million USD in Bitcoin

If you ever thought you had a bad experience with a forgotten password, San Francisco-based programmer, Stefan Thomas, is now two guesses away from losing $220 million USD in Bitcoin. According to The New York Times, Thomas is just one of many early Bitcoin investors that have forgotten the security keys to their digital wallets as the...

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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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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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