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Pan-African Cryptocurrency - Cryptotimes

The Pan-African Crypto: Could a Blockchain-Based Currency Unite the Continent?

by Dare Afolabi November 15, 2024

As Africa moves into 2024 with a promising GDP growth forecast of 3.5%, up from 3.1% in 2023, the continent faces a key moment in its economic progress. Despite global headwinds, this growth trajectory signals Africa's resilience and untapped potential. Yet…

News

Central Banks Are Secretly Mining Crypto Currencies

by 'Femi Michael October 24, 2024

It might sound like a conspiracy, but central banks are almost certainly already buying Bitcoin. Here’s why: Hedging Against Their Own Policies Nearly all countries are up to their ears in debt. Since austerity measures are not politically acceptable, they must find other…

News

80MW Bitcoin Mining Facility in Ethiopia by Bitfufu

by 'Femi Michael October 24, 2024

Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to…

Coins

Billionaires Bought Ethereum, Solana and Dogecoin

by 'Femi Michael October 24, 2024

Big news in crypto: whales are doubling down on Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE). ETH, SOL, and DOGE are maintaining their dominance, with billionaires accumulating large holdings across these major tokens. Meanwhile, the market spotlight seems to love JetBolt (JBOLT) lately, a…

Article Coins

DOGE and SHIB Price Struggles While RXS Continues to Hit New Highs

by 'Femi Michael October 24, 2024

As the market downturns, the price of Dogecoin and Shiba Inu, two of the most popular meme coins, remains under huge pressure, making any investors impulsive. From its previous high of $0.22, dogecoin has plummeted by 64.85%, while Shiba Inu has even…

News

Stablecoins Legislation: US Rep Provides Timeline

by 'Femi Michael October 24, 2024

US Congressman French Hill has revealed when the Stablecoin bill be passed in the US congress amid the growing stablecoin market. US Congressman French Hill, who serves as the Chairman of the House’s Subcommittee on Digital Assets, has provided a timeline for…

Coins News

Tesla Bitcoin Reserve Unchanged In Q3 2024

by 'Femi Michael October 24, 2024

Elon Musk Tesla confirms its 11,509 BTC holdings remain intact after wallet transfers for security, while reporting strong Q3 growth. Tesla has confirmed that its Bitcoin holdings remain intact, despite recent wallet movements that sparked speculation within the cryptocurrency community. As per…

New Bitcoin-Cardano Bridge Just Launched

Bitcoin News

Russia Plans To Use Bitcoin To Evade Western Sanctions

by 'Femi Michael October 24, 2024

Russia leverages Bitcoin to bypass western sanctions, boosting crypto mining and cross-border payments at the BRICS summit As global tensions rise, Russia is increasingly turning to Bitcoin and other cryptocurrencies as a way to sidestep Western sanctions. This development is a major…

Article

2024 Q4: Whales Are Loading Up on These Coins for Massive

by 'Femi Michael October 21, 2024

Just like in other bull years, the cryptocurrency market is becoming more active in the final quarters, and the key players are gearing up for massive profits. Crypto whales are patiently stacking altcoins that are primed for a massive rally. The top…

Bitcoin

Bitcoin soar ahead of US Presidential Election

by 'Femi Michael October 21, 2024

Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. presidential election in two weeks. Election polls show rising odds of former President Donald Trump winning…