The New Frontier: Why Africa Is All in on Crypto Despite Price Dip

TheMerkle_Spend Bitcoin Africa

The cryptocurrency excitement reached fever pitch in 2017 as Bitcoin struck $20,000. Whether a Bitcoin maximalist or an altcoin aficionado, we were all in a state of euphoria. Then things changed. The market took on a downward spiral and interest in the industry took on a similar path. As we recently reported, interest in the […]

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Africa Dominates Trade Volume on P2P Bitcoin Exchange Paxful

Africa Dominates P2P Bitcoin Exchange Paxful With $64 Million Trades Each MonthPaxful Inc., a peer-to-peer bitcoin exchange, is seeing significant growth in Africa. The U.S.-based company said Africans now accounted for the largest number of people buying and selling cryptocurrency on its platform, with average monthly transactions totaling $64.5 million. Also Read: Brazilian Banks Ordered to Reopen Cryptocurrency Exchange’s Frozen Accounts Millennials Drive Cryptocurrency Adoption in Africa […]

The post Africa Dominates Trade Volume on P2P Bitcoin Exchange Paxful appeared first on Bitcoin News.

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The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto

The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-CryptoIn this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts […]

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The Daily: Huobi OTC to Support Dồng, Dymon Asia Backs Crypto Platform

The Daily: Huobi OTC to Support Dồng, Dymon Asia Backs Crypto PlatformIn today’s edition of Bitcoin in Brief, we cover the addition of Vietnamese đồng fiat to Huobi OTC, venture capital fund Dymon Asia backing a new institutional crypto platform, and Paxful donations supporting the building of a second school in Rwanda. Also Read: US Government to “Aggressively Pursue” Unregulated Services Around the World Huobi OTC […]

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Paxful Grants Academic Scholarships to Female Afghan Refugees #BuiltWithBitcoin

Paxful Grants Academic Scholarships to Female Afghan Refugees #BuiltWithBitcoinPaxful, the peer-to-peer (P2P) bitcoin marketplace, has announced new developments in its #BuiltWithBitcoin charitable initiative. The company has granted scholarships to female Afghan refugees in the U.S., and provided additional resources for the Rwandan nursery school that it helped construct. Also Read: Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin Helping Afghan Women […]

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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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