Memecoins sell-off as Bitcoin price takes the spotlight — Is meme season over?
Memecoins are underperforming Bitcoin today, which could be a sign that traders will pay more attention to BTC’s post-halving recovery.
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Onboarding crypto users in Africa vs. the West — Fonbnk founder Christian Duffus explains
Christian Duffus, founder of Fonbnk, believes a lack of basic infrastructure such as telecommunications is slowing down cryptocurrency adoption in Africa. 81 Total views 1 Total shares The African continent is considered a significant market for crypto adoption due to its youthful population, flawed economic management by governments, and inadequate financial infrastructure for internal and
Kenyan crypto firms on notice as digital tax law takes effect
Crypto transactions in Kenya now attract a 1.5% tax. 4590 Total views 20 Total shares Kenya’s planned Digital Service Tax, or DST, came into effect at the start of 2021. The DST is part of the country’s 2020 revamped Finance Act that focused on the digital services market among other sectors.Based on the provisions of…
6 Questions for Andrew Levine of Koinos Group
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Andrew Levine, CEO of Koinos Group, which is focused on accelerating the transition to a more decentralized future by helping…
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, ADA, ETC
When the price of an asset does not reverse direction from a critical resistance, it indicates that some traders are holding onto their positions in anticipation of a breakout. For the past month, Bitcoin (BTC) has been repeatedly revisiting the $10,000 levels and even though the bulls have not been able to sustain above this…
Will Bitcoin catch up? BTC price was $40K when the dollar was this weak last time
Bitcoin (BTC) may see a “parabolic curve” begin thanks to U.S. dollar weakness as the greenback falls to three-month lows.In a tweet on July 11, popular trader Moustache suggested that the time is right for BTC price history to repeat itself.DXY "most important chart" for Bitcoin this yearBitcoin’s formerly strong inverse correlation to dollar strength…
Deutsche Bank Institutional Trader Joins Japanese Crypto Startup
A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3.According to the announcement, Yasuo Matsuda, an institutional trader from Deutsche Bank, will join FXcoin as a senior crypto strategist starting in September 2018. The strategist position includes providing analysis of crypto markets and daily reports on the market’s activity.The…
Binance headcount reduction hits 1,000 employees: Report
The ongoing workforce reduction is reportedly global, with customer-service workers heavily affected. Binance is celebrating its sixth anniversary, with over 1,000 people reportedly laid off in recent weeks, The Wall Street Journal reported.According to former employees, cuts were global and customer-service workers were heavily affected, particularly in India. Including this week's layoffs, over 1,000 employees…
Gold Bug Peter Schiff Learns Bitcoin Holders Won’t Sell at Any Price
Almost 60% of 13,000 people say they will “hodl” Bitcoin to the grave if the BTC price fails to trade above $10,000. 457 Total views 13 Total shares Bitcoin (BTC) has succeeded in trolling infamous skeptic Peter Schiff as another attempt to discredit investors falls flat.In a fresh Twitter survey on July 14, Schiff asked…