Author: Staff Writer

“Investing in Crypto should be viewed as another path towards financial independence that can help people beat inflation over time.” —Alex Mashinsky (CEO, Celsuis) The Crypto market is blooming. Nearly 1 in every 3 individuals in Africa, particularly Nigeria, currently trade cryptocurrencies for one purpose or the other. For more than a decade now, blockchain technology has pervaded the financial markets and persistently received traction from various quarters. Its adoption rate in Africa is a force to be reckoned with. The reports are glaring enough. This has then cultivated the growing appeal of the people in trying to employ crypto…

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Source: Decentralize Africa; Bitcoin Investment The above question is being asked a lot due to the surge and drop of bitcoin over the past months – so aspiring investors are curious about whether the coin remains a lucrative investment. Bitcoin is the world’s most treasured and appreciated digital currency in terms of its worth in the open market and this fascinates a vast scale of investors. While there have been ups and downs, Bitcoin still poses to be a good investment. When compared to various cryptocurrencies, Bitcoin has been proven to have innumerable benefits; Diversification Diversifying your crypto portfolio is…

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Since it was created, Twitter has always been a place for people to talk about what’s trending. Many people rely on Twitter as the first place to hear new stories. Twitter currently has 199 million active users, and these users send out an average of 500 million tweets per day (Omnicore). There is no way crypto won’t be in the frontline of conversations on it. Like everything, these conversations have stirred up some pretty good things but have also had their cons. We will be discussing the pros and cons. The Good Side of Crypto on Twitter The new…

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Years have gone by and many cryptocurrencies have come to be. Speculators and Investors now see cryptocurrency as an alternative to universal currencies like the dollar, euro, and naira. Today, virtually everyone wants to learn how to invest. If you’re looking to invest in cryptocurrency, this article is for you. Before diving into the crypto journey, it is important to be aware of what is at stake. For everyone who has acquired immense wealth trading crypto, there is also someone who has lost massive finances while trading. Nevertheless, if you’re still focused on cryptocurrency investment, keep reading. Only Invest Money…

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Bitcoin Growth African countries have always been acquainted with the brisk implementation of digital solutions and technologies. From the use of mobile phones to e-payment platforms, they have always been up-to-date. However, the extent to which blockchain and cryptocurrency have been embraced in African countries is varied.  While several African countries are taking full advantage of the cryptocurrency space, there are also countries whose governments remain unreceptive. There is the issue of regulation, the need for it, and the lack of proper crypto infrastructure that will enable fast-paced access. Studies have shown that the main pioneers of cryptocurrency in Africa…

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Image Credit: Kabiru Yusuf In recent times, the word on the crypto market has been that Ethereum might surpass Bitcoin as the world’s leading coin. Popular names like Goldman Sachs have reported that Ethereum could overtake Bitcoin as the dominant cryptocurrency. Other popular names have also seconded this notion, with Todd Morley, a crypto and blockchain investor, stating that he thinks Ethereum has “much higher utility” than bitcoin, and is “where the action is.”  Analysts have gone further to state that ETH could rise by 40% against BTC. This analogy came to be after the June 27th, 2021 rock-bottom of…

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Image Credit: Kabiru Yusuf (Bitcoin and regulations) On Flutterwave; Flutterwave, a fin-tech company based in Lagos and San Francisco that provides payment infrastructure for global merchants and payment service providers across the continent, recently had its application for a Pioneer Status Incentive (PSI) denied by the Federal government. It is no news that Flutterwave has made its mark in the digital space as a fertile startup group that aids tons of dealers and foreign businesses in actualizing digital payments that transcend borders through a smooth mechanism. It is, therefore, no surprise that the company keeps growing in leaps and bounds. …

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Image Credit: Kabiru Yusuf Memes are one of the most prominent features of the internet age. One only needs few seconds of internet time to come across a bunch of memes these days. Some internet memes have attained fame in internet culture, having been used millions—if not billions—of times by internet users on various social media. This is not a surprise because memes are a way for people to express themselves creatively. Whether they are celebrities or random individuals, many memes have enjoyed virality in Nigeria. An easy example is memes made out from clips of Osita Iheme “Pawpaw” a…

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Image Credit: Kabiru Yusuf 2 billion people still lack access to formal financial institutions according to data released by the World Bank. This implies that a wide gamut of individuals across the globe are constantly stripped of their financial rights and left in the shadows. This is true of the sophisticated systems of traditional paper transactions that are rarely encouraging and laden with obscurity. With this in mind, it is only right that we outsource innovative channels that will provide the vast majority of people with affordable means to manage their financial lives and grow. This must be acted upon…

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Image Credit: Kabiru Yusuf There has been a gradual rise in the adoption of cryptocurrencies, and rightfully so. Cryptocurrencies have the potential to become huge disruptors to global financial systems in that they intend to perform the same functions as the traditional fiat currencies, but more efficiently. Cryptocurrencies are known to be digital assets, native primarily to a chosen network of interconnected devices. They can either be transacted basically as a utility (i.e native to a particular sector) or on a broader scale where they are bought and sold for a price determined by market conditions. They are traded on…

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