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The cryptocurrency market is in a chill mode with not much going on at the moment. Last week we expected a drop to 25k region but the bulls defended the bounced back the price above 30k levels after the dip to 29k. ETH, BNB and other alts witnessed significant drops in prices as well. …
The crypto market has been experiencing a significant sell off recently with some investors believing the market has turned significantly bearish. The leading cryptocurrency by market capitalization, Bitcoin few weeks ago reached its all-time high of $64,863 before it started a downward movement to where it is currently below the significant support point, the $30k…
Read More “At a price below $30k, Bitcoin lost 53% of its ATH. Has the bears arrived?” »
It is no secret that a number of Chinese banks have already been conducting trials and hypothetical tests using the People’s Bank of China digital currency (DCEP). In fact, following a successful trial of the DCEP, the Chinese district of Suzhou entered into a memorandum of understanding (MoU) with Cypherium in order to build an…
Read More “CBDCs Have Potential To Deliver Unmatched Benefits With Current Financial Systems” »
Unlike the traditional banking system, a beautiful thing about the cryptocurrency market is the fact that it operates as a decentralized system. This decentralized system makes it possible for the price of digital currencies to be volatile hence, providing an explosive return on investments. Also, the knowledge of how much flows into the cryptocurrency world…
Can a situation occur where most of new technological buildups or growing innovations are tagged harmful, useless, risky or not worth it? Can there ever be a tendency towards disruptive innovations having negative impact in the cryptocurrency universe or blockchain industry? In short, are disruptive technologies to the industry an all time positive, negative or…
Read More “The Effects of Disruptive Technologies To The Crypto Universe” »
There is an ongoing digital evolution sweeping across the globe which has placed so much importance on data management and storage technologies. It is now the era where high data storage capacities are needed not just in a highly efficient manner that allows use and convenience but also in a cost effective form. Considering the…
Read More “The Role Of Crypto Tech In The World Of Data Storage” »
Humankind is naturally averse to change. Our first gut instinct is to say no to a novel shift than to initially embrace it wholeheartedly. Many Central banks are not exempt from this narrative. As a matter of fact, there is a looming trend with many governments as they tend to make moves to forestall emerging…
Read More “The Major Driver for CBDC Adoption is Facebook’s Libra, Not Bitcoin – Michael Vogel” »
At a time when the people are left to cater for themselves, a lot of young Africans are turning to cryptocurrencies as a primary source of income. This is largely due to the high yield potential of investments in cryptocurrencies, and how quickly this can also happen. However, the good looking opportunities do not allow…
Read More “Things To Consider Before Investing In Bitcoin and Cryptocurrencies” »
A recent surge in cryptocurrency awareness in the African region brings back memories of the influx of users during the ICO boom of 2017. In a similar way, many of those who are jumping on board the crypto ship today seem to be making the kind of mistakes of the unfortunate victims of the previous…
Read More “Crypto-Based Ponzi Schemes Are Becoming A Major Problem In Africa” »
A few years ago cryptocurrency theft was a regular occurrence, especially among cryptocurrency exchanges. Hackers then took advantage of the pseudo anonymity of cryptocurrency transactions to steal other people’s wealth. Back then, hardly a week passed-by without the news of one platform breach or the other. Today, such nefarious activities have become rare. Not that…
Read More “Cryptocurrency Exchange Hackers: How Have They Evolved?” »