news Archives - Page 16 of 42 - Cryptotimes Africa

News

FINTECH AFRICA | Nigerian Fintech Firm Pivo Closes Within A Year of Funding

by Crypto Oracle December 7, 2023

After obtaining a $2 million seed round, Pivo, a Nigerian fintech company that offered banking services to small supply chain companies, is shutting down after a year. Pivo was a startup that was founded in July 2021 by Nkiru Amadi-Emina, the CEO,…

News

In just four months, MILESTONE | Noones P2P Bitcoin Platform for the Global South has crossed 400K users.

by Crypto Oracle December 6, 2023

The CEO of Noones, a financial communication app that aims to integrate the Global South into the global financial systems, is Ray Youssef, the former CEO of Paxful, the top P2P platform in Africa. Youssef's appointment also marks the "official launch" of…

Bitcoin News

Predicting the Price of Bitcoin as It Retreats From $42,000: When Will It Rise Again?

by Crypto Oracle December 5, 2023

The price of Bitcoin, which is currently the most valuable cryptocurrency, has increased dramatically to an astounding $41,765. Backed by a healthy $27 billion in 24-hour trading volume, Bitcoin has seen a remarkable surge of almost 6% in the past day alone.…

News

LIST | Get to Know the Four Winners of the 2023 Btrust Builders “Build for Africa” Bitcoin Hack Competition

by Crypto Oracle December 5, 2023

The African Bitcoin education program, Btrust Builders, which rebranded from Qala recently, has announced the winners of its most recent hackathon, which focused on African-made Bitcoin solutions. The Btrust Builders community voted for eight finalists, from which the four participants were chosen.…

News

Crypto Exchange | Binance sends leading authorities on financial crime to Africa to lead the first-ever law enforcement training

by Crypto Oracle December 4, 2023

The top cryptocurrency exchange in the world, Binance, has dispatched its top experts in cryptocurrency crime to help law enforcement agencies in Africa combat cybercrimes involving cryptocurrencies and blockchain technology. Former Europol investigators Nils Andersen Röed and Jarek Jakubcek were recently in…

Bitcoin News

MILESTONE | Bitcoin Achieves Its First $40,000 Since April 2022

by Crypto Oracle December 4, 2023

For the first time since May 2022, Bitcoin crossed the $40,000 threshold, signaling the largest digital asset's comeback. In April 2022, Bitcoin fell below $40,000, signaling the start of a turbulent time for the cryptocurrency industry. Since then, the industry has faced…

News

Expert Opinion: What Will Fuel Ethereum Layer 2 Project Growth in 2023?

by Crypto Oracle December 3, 2023

According to blockchain analytics platform L2Beat, Ethereum layer-2 networks reached a noteworthy milestone in November 2023 when they surpassed a total value locked (TVL) of nearly $15 billion within their contracts. The following is a list of Ethere Arbitrum One Optimism, Base…

Bitcoin News

Predicting the Price of Bitcoin as the Total Crypto Market Cap Approaches $1.5 Trillion: Will it Aim for $40,000 Next?

by Crypto Oracle December 2, 2023

Within the constantly changing realm of virtual currencies, Bitcoin exhibits a bullish trajectory, presently trading at $38,765, up nearly 2% on Saturday. December is starting off on a positive note for the cryptocurrency market, as Bitcoin is moving closer to its 19-month…

News

INFLATION | As the Kenyan stock market becomes the worst performing in the world, the Kenyan Shilling (KES) depreciates by 21% in a single year.

by Crypto Oracle December 1, 2023

Employers in Kenya claim that between September 13, 2022, and November 22, 2023, the value of the Kenya shilling (KES) decreased by 21%. The Federation of Kenyan Employers (FKE) reported in a recent statement that the Kenyan shilling's exchange rate versus the…

Industry

Coinbase CEO: Binance Settlements Allow Crypto Industry

by 'Femi Michael December 1, 2023

Coinbase CEO, Brian Armstrong says the enforcement action against Binance has allowed the crypto industry to “turn the page.” He emphasized: “There are many, many companies in crypto that are helping build the crypto economy and update our financial system globally. But…