Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report

According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s “retail market and outsized usage of P2P platforms make it unique compared to other regions.” Sub-Saharan Africa’s […]

Go to Source

Powered by WPeMatico

Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes

The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day. Bitcoin’s Market Cap Sees $19 […]

Go to Source

Powered by WPeMatico

Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto

Bitcoin's Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact CryptoDigital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days. The entire market capitalization of all 10,000+ crypto assets has also dropped 3.4% in value to $1.25 trillion on Monday. Crypto markets are following the trend of large drops seen across […]

Go to Source

Powered by WPeMatico