A recent report by market analysis firm Arcane Research in conjunction with crypto exchange Luno, wrote that the lack of traditional financial infrastructure in Africa could make the continent great for crypto adoption. The report shed light on Africa’s financial…
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Billionaire Tim Draper wants Millenials to own Bitcoin
Billionaire Tim draper has urged millennials to but Bitcoin, while in an interview with Fox Business. Tim said that buying Bitcoin would be a good way for millennials to store their value as they wait for retirement. Tim talked up…
Indian Supreme Court Delays hearing on Crypto Ban
The Indian Supreme Court has decided to delay its full hearing of a high profile case against the reserve bank of India’s (RBI) ban on bank’s dealings with crypto-related businesses. Kashif Raza, who is the founder of Indian crypto regulatory…
Huobi Partners with UAE Firm to Offer Crypto Real Estate Payment Services
Big name cryptocurrency exchange Huobi will be partnering with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The major exchange out of Singapore has partnered with fäm Properties- a…
Bitcoin is Becoming Popular by the Day in Iran
Bitcoin saw a surge in price from $8,000 to $8,430 after the US initiated a drone strike on Iran top general Qaseem Soleimani on Jan 2. This prompted a response by Iran that saw two US military bases in Iraq…
Mark Zuckerberg Advocates for Digital Community Self Governance
Facebook CEO Mark Zuckerberg believes the digital currency space needs oversight not just by government regulation but also community self-governance, which he termed as “another and perhaps even better way”. He said in a Facebook post; “One of the big…
US-Iran Tensions Push Up Bitcoin Price
The Bitcoin price went into the near year staggering around the $7,500 mark. This has changed barely a week into the New Year with price retaking the $8,000 mark then pushing above the 200 day moving average for the first…
German Bank Boosts Bitcoin with Negative Interest Rates Move
Germany’s first bank is demanding that savers pay it to hold their money. The bank is demanding payment to hold custody of their money even if it means one euro per account. According to multiple local press outlets, including the…
Top Chinese Newspaper Features a Bitcoin Headline
Crypto twitter erupted Monday after report a crypto headline on Monday’s edition of the official state run publication of the people’s republic of china, Xinhua. The paper reportedly featured an article tilted ‘Bitcoin; The First Successful Application of Blockchain technology’.…
Layer1, an American start-up raises $50 million from billionaire Peter Thiel for Bitcoin mining in Texas
Layer1, an American start-up plans to build a giant hub for Bitcoin mining in Texas. The company has raised $50 million from billionaire Peter Thiel.