IMF Encourages the Use of Cryptocurrency in Africa
24 April 2018 – Ms. Christine Lagarde the Managing Director (MD) of the International Monetary Fund (IMF) has come out in defense and support of the virtual currencies. The MD has encouraged the financial sector players to embrace the cryptocurrency. This is because it is in a position to change people’s investment read more …
Bitcoin is surging again!
25 April 2018 – Amid a sea of red in financial markets, Bitcoin is still flashing green. The biggest cryptocurrency climbed as much as 5.4% Tuesday to $9,412, the highest since March 7. Bitcoin has gained 20% in the past week and 37% in April, on track for its best month since its record-breaking December. Read more…..
Calculating how much Bitcoin tax you must pay SARS
24 April 2018 – Investing in Bitcoin and other cryptocurrencies is a risky game, but the rewards can be extremely high. Many South Africans have benefitted from the volatile value of cryptocurrency by making purchases, in many cases doubling or tripling their initial investment. Your work is not done when you sell your Read more..
Decrypting blockchain and cryptocurrencies
24 April 2018 – Cryptocurrencies are also often confused with blockchain which is a complex, layered technology that provides the backbone of cryptocurrency, but has the potential to deliver so much more to enterprise, industry and the consumer. Cryptocurrencies may be getting all the airtime, but blockchain is the Read more…
Bitcoin rallies 75% in one month!
24 April 2018 – The world’s biggest cryptocurrencies rose again on Tuesday, extending their April rally deep into its fourth week and taking this month’s increase to more than 75 percent. Ethereum, Bitcoin Cash and EOS helped lead the advance, prices compiled by Bloomberg and Coinmarketcap.com show. Market Read more…