A selloff in Bitcoin accelerated Tuesday, pushing it below $30 000 for the first time in about a month. The world’s largest digital coin fell as much as 4.1% and …
Cryptocurrency
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Optimism may be gradually returning to the crypto markets after May’s frightful drop from all-time highs, according to the latest Kraken Intelligence report. June marked the second month of range-bound …
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Authorities in South Africa move to stiffen oversight of cryptocurrency assets after a proliferation of scams. A new regulatory timeline foresees finalising a framework in three to six months, after …
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South Africa’s financial regulator disclosed that due to the unregulated nature of cryptocurrency in South Africa, retrieving the alleged $3.6 billion Bitcoin fraud at Africrypt might be difficult. It added …
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Hundreds of thousands of investors were scrambling to find out what happened to funds they had invested in failed crypto scam Mirror Trading International (MTI), a far bigger crypto disappearing …
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China’s intensifying cryptocurrency crackdown has left Bitcoin flirting with $30,000, a price level that is seen as key to the short-term outlook for the largest virtual currency. Bitcoin fell as …
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Elon Musk stated that Tesla will accept payments in the form of cryptocurrency when there’s confirmation of reasonable (~50%) clean energy usage. Elon Musk, CEO of electric vehicle maker Tesla, …
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Others, however, remain confident about the longer term outlook. Another bad week for Bitcoin could be a precursor of more pain to come, according to strategists watching the selloff in …
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CryptocurrencySouthern Africa
Sars turns on the heat, asks crypto exchanges for certain customers’ information
AltCoinTrader, Luno, and VALR say they have been approached by Sars for information on a small number of customers. South Africa’s three largest crypto exchanges – AltCoinTrader, Luno, and VALR …
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Between lost coins and institutional whales soaking up available supply, there’s not a lot left to go around One of the greatest attractions of bitcoin is its limited issuance – …