Category: Africa

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P2P Market Paxful’s Reaches $40 Million in Monthly Bitcoin Volume in Africa

Africa Reaches $40 Million in Monthly Bitcoin Volume on P2P Market PaxfulWith an estimated population of hundreds of millions of unbanked and underbanked people, Africa is a prime location for game changing financial technologies like bitcoin to take hold. A new report shows again that while not reaching the speculative online trading volume of Asia or the West, Africans are investing in bitcoin in growing numbers, […]

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Bitcoin Price Watch: Currency Rises by Nearly $300

Cryptocurrency advocates woke up to the good news that bitcoin is trading for around $8,900. Bitcoin is expected to break $9,000 by next week as markets and regulators alike appear to be taking on a more bullish stance. Bitcoin spent nearly 24 hours hovering in limbo. Stuck at the $8,600 mark, traders were unclear about whether the short, sporadic price hikes Fundstrat’s Thomas Lee recently spoke of would occur in the immediate future. Now, it appears the analyst’s predictions are inching closer to reality. There are many alleged reasons behind the sudden price jump. A large one stems from French

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Bitcoin Adoption Grows in Ugandan Capital City of Kampala

Bitcoin Adoption Grows in Ugandan Capital City of KampalaAbc News has published a report detailing the rising popularity of bitcoin among the citizenry of the Ugandan capital city of Kampala. The report describes many Ugandan bitcoin adopters as professionals seeking a supplementary income, in addition to jobless millennials seeking a means to escape a life of minimal economic opportunity. Also Read: Study: 70% of Crypto […]

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Mainstream Media Reports of “Blockchain Elections” in Sierra Leone Are All Fake News

Reports of “Blockchain Elections” in Sierra Leone Were All Fake NewsThe hype around so called applications of “blockchain technology” is nothing new, as many people have successfully used it to get free publicity for themselves, riding the coattails of Bitcoin’s success. But while it so far was limited mainly to promoting ICO tokens and inflating stock prices, now it seems to have crossed a border […]

The post Mainstream Media Reports of “Blockchain Elections” in Sierra Leone Are All Fake News appeared first on Bitcoin News.

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