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Africa Regulated Cryptos as SPONGE Token Gains Traction

by 'Femi Michael February 15, 2024

Africa is warming up to regulated crypto, with Sponge’s compliance-focused relaunch attracting attention. In the wake of crypto’s legal victories and the subsequent surge in trading volume, Africa’s growing inclination towards globally regulated cryptocurrencies is becoming more apparent, with Kenya, Nigeria and South…

5 Best Crypto Staking Platforms for 2024

by Powel February 4, 2024

With crypto prices fluctuating wildly in recent years, many crypto investors are looking for ways to earn passive income on their holdings. One increasingly popular option is staking – locking up your crypto assets to process transactions and support the network while…

Article Bitcoin

Why a Bitcoin ETF Is not the same as actual Bitcoin

by Powel February 3, 2024

The world of cryptocurrency is never short of surprises, and the recent buzz around the newly approved U.S. Bitcoin ETFs is no exception. These financial products have stormed the market, capturing the attention of traders and investors alike with record-breaking trading volumes.…

Article Bitcoin

The Wild Ride of Bitcoin and Gambling: From Basement Beginnings to Bright Lights of the Strip

by Powel January 25, 2024

Using Bitcoin for gambling opened new possibilities but also came with challenges. Transactions were lightning fast compared to traditional methods. Fees were low, privacy was enhanced, and players could move funds seamlessly across borders and sites. In the shady underground of…

Choosing the best crypto profit calculator apps in 2024

by Powel January 24, 2024

Online crypto profit calculators can provide valuable financial insights. Read our analysis of popular apps in the field. 5 crypto profit calculators we picked for review: CoinCodex CoinStats Good Calculators CoinLedger Coincalc Understanding the profitability of crypto investments is a crucial aspect for cryptocurrency…

Article Bitcoin

WHAT IS A SPOT BITCOIN ETF?

by Powel January 17, 2024

Spot Bitcoin Exchange-Traded Funds (ETFs) are designed to track the performance of bitcoin with the custody of the asset being held by the ETF manager. INTRODUCTION An exchange-traded fund (ETF) is a type of investment that tracks a specific asset or commodity,…

Article

Analyst Advises Investors to Buy the Bitcoin Dip — Predicts ‘Asymmetric Upside Ahead’

by Powel January 17, 2024

A senior analyst with global asset management firm Alliance Bernstein has recommended that investors buy the bitcoin dip and focus on “the new bitcoin adoption cycle.” His advice followed the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and…

Ethereum and Bitcoin ETFs: Understanding Your Investment Options

by Powel January 11, 2024

While Bitcoin Exchange-Traded Funds (ETFs) have been a hot topic in the financial world, investors are now turning their attention to the prospects of Ethereum ETFs. Sources provide a detailed analysis of the current global trends, regulatory filings with the Securities and…

Article

How safe is your digital asset? Smart contract vulnerabilities in NFTs

by Powel January 9, 2024

Explore smart contract vulnerabilities in non-fungible tokens (NFTs) and learn how you can better protect your digital assets. Are you aware of the potential security pitfalls lurking within NFTs? This article aims to shed light on some common smart contract vulnerabilities, often…

Article Interview

Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank’s Cashless Policy — Nigerian Lawyer

by Powel January 8, 2024

Nigerian fintech lawyer Senator Ihenyen said the new central bank guidelines which bar the withdrawal of cash from accounts operated by virtual asset service providers (VASPs) seem “reasonable and understandable.” The lawyer however believes an “outright” prohibition of cash withdrawals from VASPs…