AFRICA: UN Trade Body Cautions Developing Countries Against Cryptocurrencies, Here is Why!

According to the UN, there should be a need to regulate cryptocurrencies in Africa, exchanges, digital wallets, and decentralized finance. Countries should also prevent regulated financial institutions from holding cryptocurrencies which include stablecoins or offering related products to clients.  Cryptocurrencies in Africa are growing at an exponential rate. As this signifies the dawn of new financial technology on the Continent, the United Nations think otherwise. According to the UN Conference on Trade and Development (UNCTAD), if cryptocurrencies become a widespread means of payment and even go as far as replacing…

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Crypto market to hit $5 trillion by end of the year, says Ripple CEO

Ripple CEO, Brad Garlinghouse, has predicted the crypto market to cross the $5 trillion threshold by the end of the year. According to the CEO of the blockchain company, the total market capitalization of the crypto market has what it takes to double its size before 2024.  Garlinghouse backed his prediction by outlining several factors that he thinks will be the driving force behind the meteoric rise he envisions for the crypto market. The CEO highlighted the upcoming Bitcoin halving, an event which has over the years, proven to be…

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Render Token to Hit $500? Unveiling the Potential Rise of Render Token and Factors Behind Its Growth

According to analysts, Render has a lot of potential, and could go as high as $500, especially with its circulating supply of 381 million. Render (RNDR) token has emerged as a promising contender in the crypto space, boasting the potential for a substantial rise in value. It remains one of the few coins that surged by at least 700% last year (2023) with an overall Return on Investment (ROI) of 25,774%. Currently, its price is $10, after surging by 146% in the last 90 days, and 112% from year-to-date. Just…

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