ERATO BRYN

                                               credits: alphacard.me Payments giant VISA could soon add Bitcoin and other cryptocurrencies to its expansive payments network, CEO Alfred Kelly said during an online appearance last week. However, despite the words, Kelly is not entirely convinced of the broader use case of cryptocurrencies so far. The payments veteran said that while Bitcoin was among the most widely used and known cryptocurrencies, its function was more like “digital gold” and that it was “not used as a form of payment in a significant way at this point.” Cryptocurrency services are, so far, allowed only for exchanges and wallet providers who receive fiat from a customer and exchange it to crypto on their end. This means that whenever a customer uses a “crypto card” at a retail merchant, the  actual  crypto itself does not interact with the VISA network. Instead, the exchange sells an equivalent amount of crypto, and VISA processes the payment in fiat. But Kelly says tha

               There has been quite misconstrued versions of stories surrounding cryptocurrency investments, and especially the most renowned one- Bitcoin (BTC). While it is agreeable that hoaxes and scamming has been rampant in the recent past over what con men term to be "bitcoin investment", finding a real and verified cryptocurrency trading platform will ease the hustle of you being a target to cons.            I was introduced to cryptocurrency by a roommate from my days in Campus. I was suspicious of the idea and I therefore "blew" a whooping Kshs. 100 to purchase my first bundle of bitcoins. That was about six years ago. I forgot about the a hundred shillings as they wouldn't be sold at a value worthy enough to satisfy my needs. September 2020, I was fixated! The idea of my crypto-trading account crossed my mind, however I grew numb because I had forgotten the password and had also lost the paper code to help with my login. I therefore requested a passwor

From monetary policy mishandling to decentralisation of a wealth store, Bitcoin has proven to act as a solution to many financial problems. Bitcoin could also be a lead solution to Venezuela’s sanctioned oil now floating at the sea. There is more than 18 million barrels of Sanctioned oil belonging to Venezuela currently not in good use but just floating on the sea.   Venezuela is one of many countries under strict sanctions from the United States. The US has been applying pressure to the country recently, seeking to cut off revenue flow to the regime. President Nicolas Maduro launched a cryptocurrency backed by oil, the petrol, in an attempt to skate sanctions. Trump banned the cryptocurrency in the United States. Due to the sanctions, and conditions in the oil market, Venezuela has over 18 million barrels of oil just floating at sea. This amounts to roughly two months of production in the country, unable to be monetised due to sanctions.   Countries won’t do business with Ve

Binance, one of the largest cryptocurrency exchanges in the world, recently announced that they successfully upgraded its trading platform. Earlier, Binance announced that they were going to upgrade their trading platform, the upgrade took about 2 hours. All deposits, trading, and withdrawal were disabled on spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts at the time of the upgrade.   The company has had major upgrades since 2017. Some were noticeable and some were not. Many Binance upgrades were aimed towards improving the performance of the trading platform, as well as giving the best user experience to their users.   A year ago, Binance introduced staking, lending cryptocurrency, and margin trading. Not only that, but Binance has also introduced other projects since the start of 2020, which includes Binance P2P and Binance B2B. Binance P2P operates similarly to LocalBitcoins and Paxful , it a

                                         image: cryptoworldnews For those that need a refresher, here’s one: over the course of approximately a year, scammers largely focused in Asia managed to garner billions of dollars of Bitcoin, Ethereum, EOS, and XRP, and other cryptocurrencies. The scammers operated a “wallet” called PlusToken, which promised users high returns on their deposits. The wallet naturally featured a system of incentives that created a pyramid of users. A transaction from a wallet of a ringleader with the message “we have run” cemented the collapse of the scheme in the middle of 2019. Fortunately, the law caught up with PlusToken, with it being revealed shortly after they “ran” that the authorities had caught up with six of the ringleaders. Reports said at the time that the PlusToken operators were arrested in Vanuatu. Yet Dovey Wan, a partner at Primitive Ventures, was quick to point out that the saga was not over. She found out at the time that addresses af

This has been revealed by China’s Centre for Information and Industry Development (CCID) on its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using technical specifications. Bitcoin (BTC) was placed in the 12th place with 106.2 points. The criteria used to evaluate cryptocurrencies include basic technology, applicability, features, performance, safety, creativity, and decentralization. EOS remains leading the ranking with 156.1 points, followed by TRON with 138.43 points and Ethereum (ETH) with 136.4 points. The leading cryptocurrency scored 20.4 points in applicability and 24.7 in creativity, while the second place had 28.4 and 15.5 points, respectively. It is an improvement for BTC as it has scaled up from previous ranking of the 17th place The fourth and fifth places are IOST and LSK with 130.3 and 119.3 points, respectively, highlighting that XRP is in 14th place with only 105 points. Bitcoin was even lower dow

                                              Image: CIA Bitcoin (BTC) is on the risk of invalidating a bullish pattern as cryptocurrency analysts see the latest surge extending towards Bitcoins 200 a day moving average. Until Monday morning, BTC had a likelihood of running towards $11,800 but fell by 2.26 per cent to $9,114 leading to massive loss realizations as it had invalidated a bullish technical pattern called Ascending Triangle which BTC broke the Triangles support. A senior analyst in Cryptocurrency highlighted some possible projections as to why BTC could continue its dip after breaking the Ascending Triangle’s Support level. He says that, the diagonal support has now turned into resistance and Bitcoins trial to break above it all over again stands defied and null.                                            Image: Forex Signals The bearish moves of BTC point to a weaker opening for the US stocks. It is believed that this is happening due to investors’ fearful nature