Despite the cryptocurrency market rout throughout 2022, the digital asset class still gains significant traction across the globe and holds great potential to disrupt the traditional financial system. Among the regions most eager to join the bandwagon is Africa. Because of the continent’s underdeveloped financial service infrastructures and a large number of unbanked individuals, the region is pushing to a great extent the adoption of cryptocurrency.
Tag Archives: crypto
The Story Of The Paxful
The traditional financial system has been entrenched in the global economy for hundreds of years. It facilitates the circulation of money, spurring growth and new developments, but it is also the main source of greed and financial crises…
Bull Market. Ways to Profit
You probably have heard by now. That the collapse of Silicon Valley Bank, with more than $200 billion in assets, earlier this month has roiled the banking system. This consequently caused chain reaction events, with Signature Bank, more than $100 billion in assets, unravelling and the investment bank giant Credit Suisse getting snatched up by another banking giant UBS.
What can we expect from the crypto sector in 2023?
Like the traditional financial market, cryptocurrencies had a tumultuous year in 2022. As inflation continues to erode buying power and rising interest rates increase borrowing costs for businesses, the challenging macroeconomic background wiped out most of the crypto market value …
Crypto trading VS HODL
While the overall prospects of cryptocurrencies are undeniable and undisputable…