Over the past few years, cryptocurrencies have gained immense popularity and acceptance as a mode of payment. As more people are becoming familiar with digital currencies, their usage has skyrocketed. Many businesses now accept cryptocurrency payments for goods and services, making it one of the most common forms of payment in today’s world. Crypto transactions…
Profiting from cryptocurrency trading requires a systematic approach, and trading strategies provide the necessary framework for organising techniques. You can consistently monitor and optimise your cryptocurrency trading endeavours by establishing a coherent strategy. When building your trading strategy, it’s essential to understand the two main schools of thought: Technical Analysis (TA) and Fundamental Analysis (FA)….
Decentralised Finance, known as DeFi, has emerged as a game-changer in the financial sector, transforming traditional services through the power of blockchain technology. DeFi offers unmatched security, transparency, and trustless interactions by leveraging blockchain capabilities. The global adoption of DeFi has been remarkable, with an astonishing $13 billion locked in Ethereum’s smart contracts within a…
If you have an interest in the world of cryptocurrencies, chances are you’ve considered trying out popular activities such as buying NFTs, swapping coins, or engaging in play-to-earn games. Their reliance on decentralised applications, commonly known as dapps, ties these activities together. Think of dapps as applications or games similar to the ones you download…
In every thriving industry, introducing a new product sparks the emergence of numerous supporting businesses. A prime illustration of this phenomenon is the multitude of iPhone accessory brands that surfaced following the initial release of the iPhone, like iWatch, iPen, Airtags and so on. This phenomenon is the same in the cryptocurrency world. The invention…
In recent years, Africa has witnessed a significant shift in its approach to cryptocurrency, transitioning from outright bans to a more regulated and favourable environment for digital assets. According to Chainalysis, Africa is witnessing rapid growth in its crypto market, although it still holds the position of being the smallest among global markets. In mid-2021,…
Trust Wallet is a very popular cryptocurrency wallet that many crypto traders use. Renowned for its features and usability, Trust Wallet has secured a significant user base as it provides users with a reliable platform to store, manage, and trade their digital assets. Trust Wallet is compatible with many blockchain networks and tokens, which makes…
The security of blockchain projects has long been touted, but recent events in 2022 have exposed vulnerabilities, dispelling the notion of infallibility. In a series of successive attacks, the myth of impenetrable blockchain security was shattered. Startlingly, blockchain data platform Chainalysis reported that users lost over $3 billion worth of cryptocurrency in 2022 due to…
Cryptocurrencies have become a prominent part of the global financial landscape, offering new opportunities and challenges for investors and enthusiasts alike. If you’re considering delving into the world of cryptocurrencies, it’s crucial to equip yourself with essential tips to navigate this dynamic and ever-evolving market successfully. In this comprehensive guide, we’ll provide you with valuable…
Cryptocurrency 101 The word cryptocurrency was coined from two words, Cryptography, and Currency. In simple terms, cryptocurrency is a digital currency designed to serve the primary purpose of money; a medium of exchange. Cryptocurrency uses cryptography to secure and authenticate transactions and manage the creation and distribution of new units of a particular cryptocurrency. Blockchain…