$4.2 billion in BTC options expire on March 31, and despite weeks of harsh regulatory action against the crypto sector, bulls are well positioned to profit. Regulation continues to be the primary concern for Bitcoin bulls, especially after the Commodity Futures Trading Commission (CFTC) sued Binance for trading and derivatives law violations. The regulator wants […]
The authors of the letter say that advanced artificial intelligence could cause a profound change in the history of life on Earth, for better or worse. More than 2,600 tech leaders and researchers have signed an open letter urging a temporary pause on further artificial intelligence (AI) development, fearing “profound risks to society and humanity.” […]
Considering the turbulent global financial markets, expensive remittance costs, and restricted banking access, blockchain technology in Africa offers alternatives to tackle their day-to-day issues. The lack of modern agriculture, underdevelopment, unemployment, and poverty has slowed Africa’s development in the twenty-first century. The absence of common legacy financial institutions and a massive population of predominantly unbanked […]
SARBS launched PayShap to the general public on Monday, March 13. The real-time payment platform offers a safe way for banked and unbanked customers. It is working on a legal framework to ensure all digital assets’ safe and secure use. South Africa has been at the forefront of promoting Web3 in Africa. It houses well-known […]
BTC price action is copying historical patterns to deliver a classic Bitcoin bull market comeback, says Rekt Capital. Bitcoin has a matter of days to go before beginning a new macro uptrend, the latest analysis says. In his latest tweet, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD. BTC […]
According to Statista, the total transactional value of digital assets in Mozambique is expected to be $122.50 million by 2027 According to the Global Financial Inclusion Index(IIF), the Central Bank of Mozambique dropped by 1.2 points from 2020 at 13.93 points to 12.76 in 2021. Mozambique is known as one of the poorest countries in […]
The power of trading bots
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Trading bots are automated programs that help traders execute trades on cryptocurrency exchanges Statistics indicate that only 5 per cent of total trades are profitable Trading bots have gained popularity in the crypto world because of the volatility of cryptocurrency markets and the potential for profit Crypto trading bots are software programs that monitor market […]
Bitcoin hits new 9-month highs
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Bitcoin price action targets $28,500 with “all classes” buying BTC, but the odds of the Fed pausing rate hikes are decreasing by the hour. Bitcoin headed to new nine-month highs after the March 21 Wall Street open as a crucial Federal Reserve interest rate decision loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price climbs […]
Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago. The Crypto Fear and Greed Index has hit its highest index score this year, reaching levels not seen since Bitcoin posted its all-time high in November 2021. A March 20 update of the Index […]
Bitcoin levels to watch
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BTC price action continues to hold higher, with analysis also flagging the 200-week moving average potentially flipping to support. Bitcoin approached a key weekly close on March 19, with traders concerned about a retest of lower levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bulls must “step in” to protect $26,000 Data from Cointelegraph Markets Pro and TradingView showed […]
Asset Tokenization in Africa
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Asset Tokenization has the potential to help grow Africa in several ways: Increased Access to Capital: Asset tokenization enables the fractional ownership of assets, which makes it easier for more people to invest in those assets. This can help to increase access to capital for small and medium-sized enterprises (SMEs) in Africa that may have […]
CoinDesk’s Shaurya Malwa writes that higher-than-usual market volatility affected bulls and bears alike as crypto futures racked up $300 million in liquidations over a 24-hour period earlier this week. Prices: Bitcoin and ether are coming off a multi-day rally, slipping into the red. Insights: Bitcoin and ether volatility stunned bears and bulls alike over a […]
