news Archives - Page 15 of 42 - Cryptotimes Africa

News

EXPLAINER | How Protocols for Liquid Staking Have Revolutionized Staking for All

by Crypto Oracle December 13, 2023

In the past, setting up a personal node required a large initial investment, usually in the tens of thousands of dollars, in order to engage in staking. This procedure has been transformed by liquid staking, which enables users to stake any amount—regardless…

uncategorized

BRICS: Russia & South Africa Ditch USD

by 'Femi Michael December 13, 2023

In a continuation of the bloc’s overarching de-dollarization efforts, BRICS members Russia and South Africa had ditched the US Dollar in a landmark $265 oil deal. Indeed, reports have stated that the former tabbed Russian bank, Gazprombank as the preferred investor for the massive…

Industry

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…

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…

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…

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…

Coins

Licences: South Africa weighs 36 VASPs

by 'Femi Michael December 7, 2023

South Africa is weighing issuing licenses to 36 virtual asset service providers (VASPs) later this month, the country’s financial watchdog has revealed. Earlier this year, the Financial Services Conduct Authority (FSCA) revealed that it would require all VASPs in the country to obtain a…

Bitcoin Coins

Bitcoin’s Rally Burns $6B for Short Sellers

by 'Femi Michael December 7, 2023

Coinbase jump accounts for more than half of losses in 2023 Rising prices may squeeze shorts and lead to covering: S3 Bitcoin’s blistering rally in 2023 has made betting against cryptocurrency company stocks a losing bet for short sellers. Traders betting on…