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Coindesk May Be Sold as Parent Company DCG Struggles
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Coindesk May Be Sold as Parent Company DCG Struggles

CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.

New clause in South Africa's advertising code for cryptocurrency
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New clause in South Africa's advertising code for cryptocurrency

South Africa's Advertising Regulatory Board now covers cryptocurrencies. Ads must "expressly and plainly" warn investors of money loss. They must also provide balanced information on product returns, features, advantages, and dangers.

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin
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7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.

Luno Floats Venture Capital Arm to Invest in Web3.0 & Fintech Startups
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Luno Floats Venture Capital Arm to Invest in Web3.0 & Fintech Startups

Luno, a digital currency platform owned by the Digital Currency Group (DCG) has launched Luno Expeditions, its Venture Capital (VC) outfit.

London Music Venue Koko Partners With Luno, Embrace 122 Years of Culture With Blockchain
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London Music Venue Koko Partners With Luno, Embrace 122 Years of Culture With Blockchain

London’s historic live music venue, Koko, has entered into a partnership with cryptocurrency trading platform Luno.

Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues
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Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues

Crypto exchange Luno and brokerage OSL believe that Bitcoin is still in the right trajectory and is set to hit $50,000 in the long term.

Unclear Crypto Regulations in South Africa Alarm Entrepreneurs
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Unclear Crypto Regulations in South Africa Alarm Entrepreneurs

Cryptocurrency regulation is still largely unclear in South Africa, creating a strenuous business environment for crypto entrepreneurs.

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading
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Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

The Global web search data from Google Trends indicate that there has been a decline in recent times as it has recorded an all-time low since October 2018. Even in the midst of the activities going on in the global scene we see that some African countries have been leading with Nigeria recorded as the country with the highest level of Bitcoin searches, followed by South Africa and Ghana respectively.

100,000 Bitcoin Options Scheduled to Expire in Two-Days Time, Indicating a Potential Price Plummet to $28,000
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100,000 Bitcoin Options Scheduled to Expire in Two-Days Time, Indicating a Potential Price Plummet to $28,000

Data reveals that 100,000 BTC options are scheduled to expire on crypto exchange Deribit in two days, potentially driving Bitcoin price down to $28,000.

Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst
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Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst

Onchain and crypto analyst Cole Garner has noted that the current price correction shouldn’t raise eyebrows because BTC’s aggregate spot order book is stacked, and this is a bullish signal

Malaysia’s Prime Minister Seeking a New Gold Standard
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Malaysia’s Prime Minister Seeking a New Gold Standard

Reportedly Malaysia’s Prime Minister Dr Mahathir Mohamad indicated that he is agreeable to a single currency for the East Asian region backed by gold but critically it would not become the national cash of any current nation.

Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco
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Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco

Bitcoin’s price shot up above $10,000, and other major cryptocurrencies have also seen gains. The turmoil surrounding the possibility of a no-deal Brexit has led to the fall of the British Pound.

Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020
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Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020

On the last day of 2020, Bitcoin jumped to a new record high of above $29,000, after the cryptocurrency quadrupled in value during 2020.

Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes
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Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes

Despite wild price swings set in, Bitcoin seems to continue marching higher. The crypto surged to fresh new heights on Wednesday, January 6, hitting above $36,000.

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading
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Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.

Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent
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Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent

Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume and reported cryptocurrency ownership.

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