The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa. 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 […]
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A society without paper money might be a less equitable society. Those lacking digital connectivity would suffer. In Sweden, cash in circulation represents only 1% of the country’s gross domestic product, and some experts predict the nation will go “totally cashless” by 2023. In China’s largest cities, over 90% of people use WeChat Pay and […]
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The majority of global jurisdictions have crypto asset taxation guidelines, yet additional frameworks are required to keep up. One of the Founding Fathers of the United States, Benjamin Franklin, once said: “But in this world, nothing can be said to be certain, except death and taxes.” While this phrase was realized in 1789, the same […]
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Creators and influencers have a new way to monetize their efforts and reward their loyal followers. Social tokens — or tokens backed by the reputation of an individual, brand, or community — are gaining traction and some believe they could be the next big thing in the cryptocurrency community. But what are they, and why […]
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Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million. The Australian government this week unveiled its $574 million Digital Business Plan that includes seven-figure grants for distributed ledger technology initiatives. Announced by Prime Minister Scott Morrison ahead of next week’s Federal Government […]
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Bitcoin price has been flat for nearly a month but on-chain data shows a bullish surge in new participants joining the network. The price of Bitcoin (BTC) has remained relatively flat for September and the strong decline in altcoin and DeFi token prices seems to be making the situation worse for many investors. Despite this […]
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Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty. Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral. Bitcoin might face a […]
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Investors should keep an eye on the tight inverse correlation between the strength of the U.S. dollar and Bitcoin. A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, […]
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Despite still being on the Rinkeby testnet, holders of Reddit’s ‘MOONs’ have devised a way to trade the tokens for fiat. In defiance of Reddit’s apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’ tokens for fiat — and it’s resulted in a pretty surprising market cap. In May […]
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COVID-19 has forced businesses around the world to adapt to new ways as crypto companies embrace the “decentralized normal.” 2020 will forever be remembered as the year of COVID-19, but there is no telling what the long-lasting effects of the pandemic will be on the global economy. Around the world, countries have been forced to […]
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