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Africa is the second-largest and second most populated continent globally but isn't at the forefront of traditional ventures. However, in the wake of blockchain technology and the cryptocurrency market, it is due to a significant change. Ghana, South Africa, Uganda, Kenya, and Nigeria are among the top ten countries with the highest Google search for 'Cryptocurrency.' Furthermore, African countries are laying the necessary foundations for the cryptocurrency industry to thrive.  Bitcoin advocate and Twitter founder Jack Dorsey noted in 2019…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $334 billion. Bitcoin increases by more than 17% to reach $12,100 before losing $1,000 on Sunday. Ethereum gets a spectacular boost of 26% to climb over $400 XRP regains its position on the market cap podium after a remarkable 30% surge The newly-released DeFi token YFI becomes the second-most expensive crypto. Crypto Trends 27th…

There are thousands of cryptocurrencies in the market today, and they are no longer a medium of exchange alone. Multitudes have noticed the advantages of investing in them as opposed to fiat currencies. According to 2019 statistics, over 20% of the world's population has bought cryptocurrencies, and over 80% have invested in crypto-related ventures. Bitcoin is the most invested cryptocurrency thus far, with Ethereum following closely. Nevertheless, crypto investments primarily engulfed influential investors in the market. The need to involve…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $300 billion Bitcoin liquidated $74 million-worth of smarts to surge as high as $10,272 Ethereum price explodes over the $300 barrier and setting new records for 2020 XRP increases by more than 5% to trade at $0.22 The total funds locked in Decentralized Finance (DeFi) projects reaches $4 billion Crypto Trends 20th - 26th…

An economic recession is a period that is characterized by a slowdown in the level of economic activities. There is a massive fall in both individual and government spending, and the situation can last for more than a few months. According to the macroeconomic view of a recession, it occurs when a negative GDP records for two consecutive quarters. Business cycles contract and there is a general excess in supply of goods, increased unemployment levels as firms scale down expenses,…

The global fintech worth is estimated at $4.7 trillion, with over 12 thousand fintech startups open globally. Due to its innovative networks, software, and hardware, fintech has captured millions of clients globally. However, any fintech startup faces serious challenges that the already existing financial systems have already faced, thus having a competitive advantage.  How can fintech startups take advantage of blockchain technology that has been in existence for quite some time? Here are six reasons why every fintech startup should…

Blockchain technology brought about several new developments, among them, decentralized finance. Although blockchain has continuously thrived in different sectors, its use in finance and DeFi is quite impressive. Thanks to DeFi ecosystems, there are now more decentralized networks and peer-to-peer networks to solve financial banking issues, borrowing and lending, and advanced financial instruments.  Despite the notable success of these ecosystems, DeFi is still in its infancy. Therefore, the ecosystems are often plagued with certain risks that hinder their progress. What…

This year started as a promising new chapter for the cryptocurrency market. A Bitcoin halvening, a global pandemic, and seven months later have made 2020 a completely different year for the industry than what anyone expected. There are plenty of reasons to remember 2020 for many years from now. This year, the cryptocurrency community could go down as the one with some of the most representative regulatory changes in history. Today, we take a closer look at the 2020 cryptocurrency…

Good Year for Most, Rough for Some 2020, so far, has been a sort of balanced year for cryptocurrencies. One might have expected the pandemic would slow things down, especially with the market crash we saw in March, but that hasn’t been the case so far. Overall, the market has done pretty well with constant stability, increasing user base, and growing innovation. But the same isn’t the case for all of the networks out there. While most enjoyed the increased…