Author: Vickie Helm

The cryptocurrency landscape in Africa is experiencing rapid growth, as highlighted in this week’s headlines. Notably, the decline in the value of the Naira is accelerating adoption, while a partnership with Hedera is fostering crypto advancements in Kenya. As October wrapped up, the African crypto sector saw a surge in activity. Even with Binance’s departure, Telegram communities are actively promoting cryptocurrency usage against the backdrop of the Naira’s depreciation. Is the Nairobi Stock Exchange (NSE) set to gain from Hedera’s presence? The embrace of cryptocurrencies is soaring across Africa, and 99Bitcoins is here to kick off the weekend with a…

The Central Bank of Argentina (BCRA) has unveiled a groundbreaking art exhibition focused on Bitcoin at the Hector Carlos Janzón Historical and Numismatic Museum. Titled “Art, Artificial Intelligence, and the Future of Economics,” this exhibition is notable for exhibiting actual destroyed currencies from multiple nations alongside active Bitcoin mining operations within a central banking setting, marking a world-first achievement. Argentina’s Central Bank Engages in Bitcoin Mining This pioneering showcase, curated by Argentine artist Alberto Echegaray Guevara, juxtaposes tangible remnants of outdated banknotes with the vibrant activity of Bitcoin and Ethereum miners. “We developed this exhibition in collaboration with various central…

Connect with Nikolaus on X here Greetings, enthusiasts! As we approach Tuesday’s US presidential election amidst regulatory uncertainties, Bitcoin’s value has reached $70,000 — time to hold onto it. Recently, Bitcoin’s price was tantalizingly close to its all-time record of over $73,770. Earlier this week, it just fell a mere $200 short of $73,500. As mentioned previously, market trends suggest a potential Trump win, which might lead to policies that are favorable for Bitcoin and other financial sectors. However, with only four days remaining until election day, there is growing anticipation that Kamala Harris, who has gained traction in crucial…

Disclaimer: The information in this article is not intended as investment advice. The contents provided here are for informative purposes only. The new meme coin, Catzilla, enters the cryptocurrency arena, striving to rival popular names like FLOKI and WIF, with enticing prospects of over 1500% returns. Excitement is brewing in the cryptocurrency world with the introduction of Catzilla, a new meme coin that is stirring interest among serious investors. There are whispers of a potential return exceeding 1500%, positioning this nascent token as a serious contender against established favorites like FLOKI and WIF. Could it become the next significant player…

Key Highlights Tether has boosted its investments in Bitcoin and gold, now holding $4.8 billion in Bitcoin and $5 billion in gold. Tether’s total net worth soared to $14.2 billion in the third quarter of 2024, a significant rise from $7 billion at the close of 2023. Share this article According to Tether’s latest consolidated financial report, the company has raised its Bitcoin and precious metal holdings to $4.8 billion and $5 billion, respectively, in the third quarter of 2024. Furthermore, stablecoin issuers have significantly ramped up their US Treasuries investments, totaling $102.5 billion, making it the largest share of…

Charles Hoskinson, the visionary behind Cardano, has voiced his belief that ADA is on the rise as a prominent contender in the current bull market. Recently, Nebulor, a supporter of Cardano, took to X to express his views on the ADA token, which is currently the 11th largest cryptocurrency with a market cap of $12.45 billion. He believes that ADA is positioning itself as a significant player in the cryptocurrency landscape. This assertion quickly resonated within the Cardano community, especially among its advocates. Many supporters echoed Nebulor’s perspective, suggesting that “significant developments” are forthcoming, while others found the comments a…

The latest movements in Ripple’s price indicate a cautious environment within the market. Ripple experienced a slight uptick from the important support level at $0.5, moving up toward the 200-day moving average. Nevertheless, rejection at this critical point could reinforce the prevailing bearish trend. XRP Overview Authored by Shayan Daily Trend Analysis Analyzing the daily chart reveals that XRP encountered renewed selling pressure after struggling to maintain its position near the 200-day moving average, which stands at $0.57. This price has proven to be a considerable resistance barrier, and a decrease below this moving average hints that sellers are intensifying…

“The challenges for cryptocurrencies are only beginning.” by Christopher Beam, The AtlanticCryptocurrency advocates are emphasizing the more benign uses of digital currencies while simultaneously denouncing con artists who damage the sector’s image, notes Christopher Beam. However, he warns, “the reality is that these fraudsters are becoming increasingly daring, devising innovative methods to exploit ordinary investors.” This environment not only welcomes the legitimate aspects of the cryptocurrency sphere but also invites opportunistic criminals.read more Join Us for This Week’s Insights Dive deeper into the news cycle. Gain insights from varied viewpoints. Subscribe and save Get Our Weekly Newsletter Subscribe to our…

As Election Day approaches in the United States, Bitcoin finds itself at a pivotal moment, with whispers of a potential all-time high gaining traction. Amid the drama surrounding the contest between former President Donald Trump and Vice President Kamala Harris, traders are bracing themselves for a significant influx of volatility. The options market is indicating a potential rise of up to 10%, equivalent to about $7,000. In this climate of political and economic uncertainty, let’s delve into how the options market might be influencing Bitcoin’s price trajectory. Could Bitcoin Hit New Heights? Analyzing the Options Market During a recent discussion…

Ronaldo is a seasoned enthusiast in the realm of cryptocurrency, deeply invested in the rapidly changing industry. With more than five years of thorough research and commitment, he has cultivated a significant fascination with digital currencies. His journey commenced with a spark of intrigue, which quickly blossomed into a profound desire to grasp the complexities of this revolutionary technology. Fueled by an unquenchable thirst for knowledge, Ronaldo has immersed himself in various facets of cryptocurrency, from the basics of blockchain to current market developments and investment strategies. His relentless quest for information and dedication to keeping up with the latest…