Cryptocurrency Analysis and News Portal
Africa is the home to 1.2 billion people and what has been described as the world’s largest trade area — the African Continental Free Trade Area. Africa is forging a new path to driving development, and access to financial services will play a significant role in its economic growth. The
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Half a dozen emerging markets have established new records for weekly peer-to-peer (P2P) Bitcoin (BTC) trading, including India, Ghana, the Philippines, Argentina, Mexico and Egypt, according to data published by Useful Tulips.India comprised the strongest market to post a new record for trade activity, with $3.4 million worth of BTC
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Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago.More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January
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Bitcoin’s often criticized for its volatile and unpredictable nature – now analysts are saying that, and more, about the pound sterling. In a shock-inducing note to clients on Tuesday, currency analysts at Bank of America (BoA) said sterling had devolved into an emerging market currency in all but name during the
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Singapore may see the nation’s largest dengue virus outbreak in history, local authorities tell CNA. Lockdown measures to combat the pandemic are reportedly leading to more dengue infections. Concerns that the new virus could overwhelm hospitals across Southeast Asia are emerging. As nations scramble to deal with the second wave of the pandemic,
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Although the U.S. stock market is still in the red for 2020, work-from-home and telemedicine companies are beating the S&P 500 by a wide margin. Zoom, DocuSign, and Teladoc have boosted fund returns. The work-from-home and telemedicine sectors should continue to do well post-pandemic. With the S&P 500 down
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Bitcoin and the S&P 500 may have strongly recovered from their March lows, but it’s been a dismal quarter for the world’s economies.Unemployment has skyrocketed, consumer confidence is crashing, and against the U.S. dollar, foreign currencies are falling off a cliff.The latter issue is especially pertinent in Turkey, where the
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In advance of her “Crypto Across Emerging Markets” panel at Consensus: Distributed on May 11, Leigh Cuen is writing a three-part column on how cryptocurrencies are used in the developing world. The first installment explored bitcoin adoption in the Middle East and the second covered Africa.Some believe the broader economic crisis might lead
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In advance of her “Crypto Across Emerging Markets” panel at Consensus: Distributed, Leigh Cuen is writing a three-part column on how cryptocurrencies are used in the developing world. In this first part of the series, she looks at the Middle East.It is a truth universally acknowledged by pundits on Crypto
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The Portuguese government plans to create “Technological Free Zones” (Zonas Livres Tecnológicas) with tailored regulatory regimes that encourage innovation and experimentation.Unveiled on April 21 as part of the country’s ambitious digital transition action plan, the country’s Council of Ministers pledged that the new zones will be adapted so as to
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