'Femi Michael, Author at Cryptotimes Africa

Google Bard Predicts Ripple XRP Price

by 'Femi Michael December 13, 2023

XRP stands out as a relatively stable asset, as highlighted by recent market analyses. Despite experiencing a 4.65% loss at the beginning of the week, bringing its value to $0.62589, XRP has currently stabilized at $0.6215, showing only a marginal 0.48% decrease…

Coins

Businesses primed for crypto expansion as institutions embrace licenses in SA

by 'Femi Michael December 12, 2023

As South Africa witnesses a surge in businesses seeking crypto licenses, predominantly from registered financial service providers, the landscape is poised for a significant expansion in crypto offerings. “Very few of the licence applications submitted to the Financial Services Conduct Authority (FSCA)…

Industry

2024, Google to allow cryptocurrency ads

by 'Femi Michael December 12, 2023

From January 29, 2024, Google said advertisers offering Cryptocurrency Coin Trust can advertise their products on the platform. This is coming 5 years after the search giant banned all crypto-related product ads from its platform. Google in a new policy update just…

Bitcoin Coins

BTC Surpasses 50 Million Active Addresses Amidst Price Surge

by 'Femi Michael December 10, 2023

In the bustling realm of cryptocurrencies, Bitcoin has marked a momentous achievement beyond its market value. Recently, the pioneer cryptocurrency notched a new record in its total number of active addresses, signaling a substantial surge in user engagement and investment. As per…

Industry News

Web3 Startup, WiCrypt, Receives $150,000 Grant

by 'Femi Michael December 9, 2023

"We received a $150,000 grant from Microsoft. This grant will go a long way in expanding collaboration and improving productivity around our #DePIN development chain," the company said on its X channel. WiCrypt Network, the decentralized mobile internet sharing and monetization network out…

Coins News

Report Reveals Cryptocurrency Legalized In 119 Countries

by 'Femi Michael December 9, 2023

A recent report by CoinGecko sheds light on the global status of cryptocurrency, highlighting the legalization, regulation, and adoption trends across different countries. The report reveals intriguing insights into the widespread acceptance of digital assets, the regulatory landscape, and the countries that have embraced…

News

South African Regulator to Require Local Presence for International Crypto Companies

by 'Femi Michael December 9, 2023

According to FCSA, about 10% of Crypto Assets Financial Service Providers operating in South Africa have their head offices in foreign countries. FCSA says a physical presence will ensure appropriate oversight and accountability. Crypto companies with foreign headquarters may soon be required…

Industry News

Introducing BitKey, a Self-Custodial Bitcoin Wallet

by 'Femi Michael December 9, 2023

BitKey stands out for its 2-of-3 multi-signature design, eliminating the necessity for lengthy and cumbersome passwords or seed phrases. This innovative system utilizes three keys to secure Bitcoin, mandating the use of any two keys to authorize transactions or execute security-related actions.…

Article News

Bitcoin rally shines, investors at risk

by 'Femi Michael December 9, 2023

A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility. Bitcoin this week reached above $44,000 for the first time since April last year, yet still remains…

Industry

Binance Withdraws License Application

by 'Femi Michael December 9, 2023

Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S. Cryptocurrency exchange Binance has withdrawn its bid for an investment management license in Abu Dhabi, having deemed it…