Powel, Author at Cryptotimes Africa

Bitcoin Price Climbs To $46K, Uptrend Could Extend To $48K?

by Powel February 9, 2024

Bitcoin price is gaining pace above the $45,500 resistance. BTC tested $46,000 and could extend its rally toward the $48,000 resistance. Bitcoin price climbed higher above the $44,500 and $45,000 resistance levels. The price is trading above $45,000 and the 100 hourly…

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Bitcoin returns to $45k amid increased trading volume, positive market sentiment

by Powel February 8, 2024

Bitcoin surged to $45,435, marking a 5.3% increase in a day and a 6.3% rise over the week, as per CoinMarketCap data. This upward trajectory brings the cryptocurrency past the $45,000 threshold, a figure last seen in the wake of the U.S.…

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Controversial American Crypto Pastor Promising ‘Divine Financial Returns’ Takes Gospel to Zambia

by Powel February 8, 2024

Regalado and his wife amassed approximately $3.2 million through INDXCoin between June 2022 and April 2023. The scheme, described as ponzi-style, involved over 300 individuals. Ultimately, INDXCoin holders were left unable to sell their coins, rendering their investments valueless. Denver pastor, Eligio…

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Here Are The Winners of the Inaugural African Hedera Hackathon in Tunisia

by Powel February 7, 2024

According to a BitKE press release shared by Dar Blockchain, the aim of the Hackathon, backed by the Hedera Network, is to boost the adoption and understanding of Distributed Ledger Technology (DLT) in the country. Below are the three projects that emerged…

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Friendzone, Polygon partner to innovate social media via blockchain

by Powel February 7, 2024

Friendzone aims to foster influencer communities using real-time adaptive pricing and reward distribution, allowing developers to create new apps for their audience. Friendzone has launched on the Polygon proof-of-stake (PoS) blockchain today, with plans to move to Polygon zkEVM later. According to…

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Solana network usage hits all-time high; will SOL price reach $120?

by Powel February 6, 2024

Solana (SOL) price surged to a 30-day peak of $107 on Jan. 30 as rising defi volumes on the layer-1 network airdrop buoyed investor confidence. Solana is trading at $98 at press time on Feb. 5, down 8% from the recent peak…

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Google sees spot Bitcoin ETF ad campaigns as ICOs remain banned

by Powel February 6, 2024

Multiple Bitcoin (BTC) ETF issuers are competing to attract investors into America’s first basket of exchange-traded funds using Google ads. On Jan. 29, Google ended its five-year ban on cryptocurrency promotion via search results following the approval of spot BTC ETFs by the U.S.…

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Top cryptocurrencies to watch this week: XRP, PYTH, SUI

by Powel February 5, 2024

Among the top cryptocurrencies to watch this week are XRP (XRP), the native token of the Ripple network, as well as Pyth Network (PYTH) and Sui (SUI). Each asset made noticeable contributions to the global crypto market cap, which remained above the…

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SEC Nigeria Accepts the First Blockchain-based Digital Securities Platform into its Incubation Program

by Powel February 5, 2024

According to NASD, the new platform will expedite the process for issuers to tokenize their assets, raise capital, and establish connections with a global network of investors. The Nigerian Securities and Exchange Commission (SEC nIGERIA)) has given the green light for NASD…

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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…