Cryptocurrency traders seemed beset on all sides by fear, uncertainty and doubt in the midst of the crippling price drops earlier this week. Dermot McGrath, head of research at Sino Global Capital, a blockchain investment firm, said, however that the firm prefers to take a long-term view. Shortly after a dip in Thanksgiving Bitcoin to […]
In all of its stores in Venezuela, the famous U.S.-based pizza chain has begun accepting crypto-currency payments. Pizza Hut stores in the South American country now accept crypto as a form of payment for food and drinks, according to a Nov. 27 tweet from the crypto services company CryptoBuyer. The move follows Mega Soft’s crypto […]
A visa and passport processing company based in California confirmed. That it will consider Bitcoin as a form of payment. As the US Department of State activities are starting to return to normal. According to a Nov. 6 announcement from the San Jose-based Peninsula Visa passport and visa expeditor, the company announced that it will […]
While the results of the US presidential election continue to be questioned by some in the community, mainstream media outlets and the Associated Press have definitely called the race for former Vice President and current President-elect Joe Biden a race. But traders and analysts are now looking to determine what a Biden administration will mean […]
Ripple has established a regional office in the Dubai International Financial Centre, or DIFC, according to a Nov. 7 announcement. For its “innovative regulations.” the blockchain-based payments firm reportedly chose the location. The DIFC website states that the special economic zone serves more than 2,500 companies. As a “independent regulator” with a “proven judicial system” […]
The most popular cryptocurrency, bitcoin (BTC), took around a day to jump from USD 14,000 for the first time since January 2018 to above USD 15,000. BTC trades at US$ 15,042 at pixel time (16:03 UTC) and is up by 8 percent in a day and 12 percent in a week. BTC rallied in a […]
According to Nathan Catania, a partner at Gibraltar-based XReg Consulting. A group of former regulators and insurance professionals specialising in the regulation of crypto assets. More quality regulation, such as Gibraltar ‘s updated guidance on crypto companies. Is beneficial for those companies, end users, and the entire crypto space, leading to increased adoption. In some […]
After there was a clear close above the USD 11,000 resistance, the bitcoin price gained strength. The USD 11,250 and USD 11,400 levels were cleared by BTC. The price is currently (05:00 UTC) consolidating gains below USD 11,500 and the next upside break seems to be aligned. Similarly, most major altcoins, including ethereum, XRP, litecoin, […]
Africa is home to 1.2 billion people and the African Continental Free Trade Area is what has been described as the largest trade area in the world. Africa is forging a new path to driving development. And its economic growth will play a major role in accessing financial services. The need to provide improved, if […]
As the COVID-19 pandemic pushed the Egyptian economy into recession. And unemployment deepened, the benefits of trading. And mining Bitcoin are seen by more and more Egyptians as an alternative source of income. Many Egyptians, particularly young people, are interested in crypto-currencies, according to Al-Monitor. The economist and financial advisor to several investment institutions in […]