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Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent onchain in the last year. The total […]
The post Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report appeared first on Bitcoin News.
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Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January and June this year, it […]
The post Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion appeared first on Bitcoin News.
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The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency.
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Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country. Uganda, Nigeria, South Africa, Kenya, and Ghana are listed in the […]
The post South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption appeared first on Bitcoin News.
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With blockchain tech implementation, Africa’s economic growth could rely on the continent’s gold industry, as revealed by the COVID-19 pandemic
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Digital currency implementation will reduce obstacles for driving economic development in Africa
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Financial innovation continues to drive African economics: What technological and economic potentials are hidden on that continent?
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Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of the project and also initiated a small fundraiser […]
The post Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services appeared first on Bitcoin News.
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With one Bitcoin Cash House now established in Venezuela, the grassroots movement is independently spreading to other locations. Read.cash user ‘Koush’ has announced that the new BCH House Ghana has secured and paid for its location and will launch sometime this month. The independent movement to establish informational centers for those interested in peer-to-peer electronic […]
The post Grassroots Bitcoin Cash House Movement Expands to Ghana appeared first on Bitcoin News.
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Statistical data suggests a clear link between Bitcoin’s price movements and consumer interest in the form of Google searches
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