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Africa is a market of over 1.2 billion consumers, with fast growing developing economies and hundreds of millions of unbanked people. As such, the continent offers plenty of opportunities for new crypto ventures and Binance is eager to tap this market. Also Read: The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over … Read more
Mining and network effects affect the price of Bitcoin, but according to Tom Lee, the biggest determinant of Bitcoin’s price movement is the emerging markets. In a recent interview, the Bitcoin researcher from Fundstrat Global Advisors stated that the economic factors at play in emerging markets have had the biggest effect on the price of … Read more
At press time, the father of cryptocurrency is back up to $6,700. This is about $100 higher than where it was yesterday, and about $300 higher than where it’s stood all week. Bitcoin has allegedly been on the brink of recovery. Following the news that the Securities and Exchange Commission (SEC) had rejected nine separate … Read more
Tricia Martinez is a behavioral economist focused on emerging markets. After earning her masters in public policy and behavioral economics from the University of Chicago, Martinez took a one-way flight to Africa, where she founded Wala to address the needs of underserved people across the continent. Wala is a zero-fee finance app that seeks to … Read more
Latest reporting out of Washington appear to signal no deal struck between the Trump administration and the government of Turkey under President Recep Tayyip Erdoğan, potentially deepening an already fragile financial situation. Turkey’s lira has crashed double digits in recent months, and further as tensions between the two countries, over an American pastor’s jailing, continue … Read more
A report published by the pan-African bank, Ecobank Transnational Inc., has found that despite cryptocurrencies exerting a notable presence in each of the 36 African countries in which the company operates, only South Africa and Swaziland have adopted a “generally favorable and permissive [regulatory] stance” pertaining to cryptocurrencies. Also Read: The ICO Market Has Hit the … Read more
The recent selling pressure experienced by BTC has driven a surge in the peer-to-peer trade volume for numerous emerging cryptocurrency markets. The Localbitcoins markets for the Philippines, Iran, and Kazakhstan have all seen a significant upswing in the number of bitcoins traded in recent weeks. Also Read: Blockchain States Lure Citizens with Political Nostalgia and Voting … Read more
The Free Keene Project, a growing community of libertarians and cryptocurrency proponents, has announced the region now has a dentist, Indian restaurant, hair salon, and vape shop that accept cryptocurrencies. Also Read: Markets Update: Crypto-Prices See Some Recovery After the Dip The Free Keene Project Manages to Persuade a Slew of Mom-n-Pop Shops to Accept Cryptocurrencies … Read more
Over the past year and a half bitcoin and cryptocurrencies have caused a serious hype that’s stretched a bit into the mainstream. These days people hear about digital currencies more often and one reason is due to all the fantastic crypto-infused products that have invaded pop culture. Cryptocurrency clothing, knitted sweaters, socks, coffee mugs, and … Read more
Research has indicated that Irish attitudes regarding cryptocurrency are increasingly positive, with the Irish cryptocurrency user base estimated to have quadrupled in last four years. Also Read: Ireland Clarifies Taxation of Crypto Transactions Study Finds Irish Crypto Sentiment to be Moving “From Suspicion to Curiosity” A study carried out by Amárach Research in partnership with communications … Read more
