Bitcoin

Bitcoin and Ethereum: Navigating the Next Bull Market

Jul 7, 2024 Kofi Ansah

The cryptocurrency market is often characterised by its volatility, but within this turbulence, there are periods known as bull markets where prices soar, creating significant opportunities for investors. Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, are frequently at the forefront of these rallies. This article aims to provide a comprehensive guide on navigating the next bull market for Bitcoin and Ethereum, focusing on market indicators, investment strategies, and potential risks. Understanding Bull Markets A bull market is defined by a sustained period of rising prices. In…

For Beginners: Five (Easy) Steps to Make Money from Cryptocurrency Remotely

Jul 2, 2024 Kofi Ansah

Cryptocurrency has revolutionised the financial world, offering numerous ways to generate income from the comfort of your home. Whether you’re a beginner or have some experience, there are straightforward methods to start making money from crypto. In this article, we’ll explore five easy steps to get you started. Step 1: Understand the Basics of Cryptocurrency Understanding the basics of cryptocurrency is essential for anyone looking to navigate this rapidly evolving landscape. This includes grasping fundamental concepts such as blockchain technology, wallets, private and public keys, and the various types of…

What to consider when identifying Cryptocurrency with the most potential

Jun 29, 2024 Kofi Ansah

Finding a cryptocurrency to invest in today has become a challenge to many wanna-be investors as well as seasoned investors looking to add up to their crypto portfolios. In a market with over 10,000 digital coins, choosing the right coin to pour your money into can be frustrating as it entails a lot. After all, the only certainty in the crypto market is uncertainty. There are a lot of factors to consider before testing the crypto waters. There is an even bigger set of factors to consider when trying to…

For Beginners: Easy ways to buy cryptos in Five (5) Minutes

Jun 25, 2024Jun 25, 2024 Kofi Ansah

Navigating the world of cryptocurrency as a newbie can be very confusing, but buying cryptocurrencies to build your portfolio is easier than you may think. There are several straightforward and easy ways to buy crypto. This ranges from user-friendly exchanges to accessible mobile apps, amongst many others. This article will guide you through some of the simplest ways to purchase digital currencies safely, seamlessly, and efficiently. Below are some of the easiest ways an investor can purchase cryptocurrencies. Cryptocurrency Exchanges One of the easiest ways to buy cryptocurrencies is through…

Bitcoin for Dummies: All You Need to Know About Bitcoin?

Apr 18, 2024 John K Kumi

The Bitcoin network is peer-to-peer. Also, transactions occur between users directly, without an intermediary. You can use your Bitcoin almost anywhere! Just like traditional currency, you can use your bitcoins at online stores, and physical stores, and even pay for items in person. What is Bitcoin? Bitcoin is a cryptocurrency and global payment system introduced by a mysterious person/persons known as Satoshi Nakamoto. It was first released as open-source software in 2009 and since then, its network has grown to become the largest blockchain network in existence. It works without…

Hong Kong Gives Greenlights for its First Bitcoin, Ethereum Spot ETFs

Apr 15, 2024Apr 15, 2024 Kofi Ansah

Hong Kong, on Monday, approved several spot Bitcoin and Ethereum exchange-traded funds(ETFs), the latest development in its quest to become a major cryptocurrency hub. The Hong Kong Securities and Futures Commission (SFC) officially granted these approvals to China Asset Management (Hong Kong), Bosera Capital, and HashKey Capital Limited, as well as an in-principle approval for Harvest Global Investments. “The introduction of the Virtual Asset Spot ETFs not only provides investors with new asset allocation opportunities but also reinforces Hong Kong’s status as an international financial center and a hub for…

Nigeria, South Africa, and Kenya Lead the Way as Africa’s Most Crypto Nations

Apr 10, 2024 Kofi Ansah

Nigeria remains the undisputed king of crypto in Africa with far and away the highest number of crypto users/holders in all the continent. Interestingly, Africa’s four powerhouse economies are the four countries with the most crypto holders – Nigeria, SA, Kenya, and Egypt, respectively. Bitcoin continues to hold or maintain a respectable valuation and is currently the brightest of all cryptocurrencies. The world is still going crazy for virtual currencies and Africa, the leapfrog continent, never to be left too far behind, has emerged as a crypto haven. Interestingly, the…

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

Apr 8, 2024 John K Kumi

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…

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

Apr 8, 2024 John K Kumi

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…

Bitcoin Could Hit 200k, Double Digits for XRP after Next 2024 Halving in April?

Apr 5, 2024 John K Kumi

Bitcoin halving – In technical analysis, we understand that the prices of cryptos can be predicted by observing and analyzing charts and patterns or historical price behaviour. The next Bitcoin halving event is estimated to take place on April 17, 2024, and from the previous history, BTC, XRP, and the rest of the crypto investors could smile again. Interestingly, Bitcoin, for the first time, breached its all-time high price before the halving event after hitting $73k. In this article, I will explain why the digital asset could go as high…