Last updated on July 31st, 2022 at 07:33 am
The price of the Bitcoin seems to be rising by the day in the financial sector,. The cryptocurrency is on a upward trajectory ever since late last year. This massive growth can be partly attributed to institutional investors.
The digital currency expanded in excess of 800 percent a year ago, subsequent to ascending from around R4 000 in March 2020, and finished the year above $36 500, as per the Coindesk site.
On Wednesday it rose to another high of more than $40 394. The value stays unstable notwithstanding – for example, its US dollar value fell 17 percent last Monday.
Read More: 10 African currencies with the highest exchange rates
The absolute market estimation of digital currencies moved past $1 trillion unexpectedly on Thursday. Bitcoin represents some 66% of cryptographic money market esteem, trailed by Ether at around 13 percent.
Disaster teams in KwaZulu-Natal stand ready to respond to persistent rainfall while drivers should approach roads with care. According to…
Starlink the satellite internet company by Elon Musk is growing fast in Africa. It now works in more than 20…
Chinese production companies directly offer their luxury products at wholesale rates online because they were created for luxury retailers. Social…
Cricket South Africa reveals a new ODI squad for 2023 competitions as Proteas women's team and presents fresh players alongside…
African content is getting more attention around the world. While Nigerian films (Nollywood) are already well-known, East Africa—especially Kenya—is starting…
During seven intensive training days, the South Sudan Football Association educated its referees in Rumbek. The organization (SSFA) trained 30…
This website uses cookies.
![](data:image/svg+xml;charset=utf-8,<svg height="32px" width="32px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)