'Femi Michael, Author at Cryptotimes Africa

Debunking common security concerns

by 'Femi Michael September 13, 2023

Can somebody hack Bitcoin? This post debunks typical security concerns for most Bitcoin users. Many people are rushing to invest in Bitcoin, thinking it will lead to quick riches. The internet has lured many people into crypto investments with stories of Bitcoin…

Industry

Luno Wallet Users Can Now Pay for Goods and Services at Pick n Pay Stores Using Bitcoin for Free

by 'Femi Michael September 13, 2023

Customers can purchase groceries and various value-added services, including airtime, electricity, bus tickets, and even pay municipal bills using Bitcoin at the checkout when shopping at Pick n Pay. Importantly, the service is said to be free. As of April 2023 Luno…

Bitcoin Industry

Bitcoin, Ethereum Technical Analysis

by 'Femi Michael September 9, 2023

ETH Stalls Around Key Price Floor, as BTC Bulls Remain Sidelined. Ethereum continued to trade around a key price floor of $1,630 on Thursday, as price uncertainty in the market remained high. Volatility has slowed in recent days, leading to crypto prices…

Bitcoin Coins

CBECI Update: JPMorgan lowers Bitcoin Mining cost estimate

by 'Femi Michael September 9, 2023

JPMorgan, one of the largest investment banks in the world, has revised its estimate of the cost of mining one bitcoin, following the recent update of the Cambridge Bitcoin Electricity Consumption Index (CBECI). According to a report by Bloomberg, JPMorgan now estimates…

Coins

international crypto framework, G20’s Country moves forward

by 'Femi Michael September 9, 2023

The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis. Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy…

Bitcoin Coins

22 people worldwide have reached billionaire status by trading cryptocurrencies

by 'Femi Michael September 8, 2023

About 200m people globally who trade bitcoin, just six are billionaires, Henley & Partners found. Meanwhile, 22 people worldwide have reached billionaire status by trading cryptocurrencies. Bitcoin rallied in the first half of the year but has since dipped. Hundreds of millions…

Bitcoin News

Women in Africa: Samara Asset Donates $10,000 To Support BTC Education

by 'Femi Michael September 8, 2023

In a commendable move to advance financial literacy and inclusion, Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, per a press release sent to Bitcoin Magazine. This Kenya-based non-profit initiative is steadfastly working towards empowering African women through extensive…

Coins

‘Tide is turning’ on US regulatory environment, Ripple CTO

by 'Femi Michael September 8, 2023

David Schwartz believes the U.S. legal system is looking more skeptically at SEC cases against various cryptocurrency industry participants. A court ruling that cleared Ripple’s XRP token of being considered a security offering might signal a turn in the tide against regulatory…

Bitcoin News

Bitcoin price gains traction as whale activity hikes

by 'Femi Michael September 8, 2023

Bitcoin (BTC) has been consolidating below the $26,000 mark over the past week as the global crypto market condition turned red. However, with the recent market-wide bullish momentum, BTC whale activity and social dominance have witnessed a significant spike. Bitcoin is up by…

Coins Industry

Over Sh700m invested in Kenya so far, Worldcoin

by 'Femi Michael September 6, 2023

Tools for Humanity CEO said the funds have been utilised on blockchain and cryptocurrency education and ICT awareness.Tools for Humanity, the subsidiary company of the Worldcoin project says it has so far invested over Sh700 million in Kenya. Alex Blania, the CEO…