Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainal...
While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots adoptions in the world.” African Volumes Mainly Composed of Retail Transfers The crypto adoption observation for Africa is corroborated by the blockchain analysis firm’s latest Global Crypto Adoption Index. According to this index, four African countries, namely Kenya, Nigeria, South Africa, and Tanzania, are all in the top 20. In addition to being the region with one....
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Editor’s Note: This article has been changed to make the nature of the Bitcoin Africa Conference more clear. The name of this title is “Bitcoin Africa Conference,” and this is the first time the conference has been held. The author of this article was not saying that this Bitcoin conference is the very first one in Africa. We apologize for any misunderstanding. As you may know, the world’s first Bitcoin Africa Conference will be held on April 16-17, 2015 in Cape Town, South Africa. With all the buzz surrounding Bitcoin in Africa lately, it is no surprise that the first conference has made....
The rate of digital currency adoption in Kenya is unlike any other country in Africa. The United Nations reports that Kenya has the highest proportion of its people holding cryptocurrencies in Africa, highlighting the country’s exposure to the unfolding digital currency market crash. According to a research done by the United Nations Conference on Trade […]
With a population rapidly adopting Bitcoin, Africa is dismissing classic narratives and becoming the world’s epicenter for the financial future.
Ethereum has risen above $30 following the bitcoin ETF rejection in what appears to be a bull run. The currency now has a market cap nearing $3 billion. The highest ever achieved by any digital currency except for bitcoin. Ethereum has its own unique smart contracts aspect which makes it complementary to bitcoin in many ways, but some suggest part of its gains are due to bitcoin’s on-going problems regarding transaction capacity. In response, Bitcoin Unlimited, a new grassroots client that increases capacity, continues to gain further momentum as the biggest pool joins the client. It....
This year, remittance-demanding countries including Ghana, Malaysia and South Africa dominated search engine searches for the keyword bitcoin. Interestingly, countries that represent the highest bitcoin search engine inquiries in 2016 have either poor financial infrastructures or strict regulations on capital outflow. Users from Nigeria scored the....