Cryptocurrency News Updates

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5 reasons why Vircap is the easiest way to trade crypto (even for grandmas!)

Lets face it, the world of cryptocurrency can feel like a foreign language - filled with jargon, complex charts, and enough acronyms to make your head spin. But what if you could buy, sell, and trade crypto with the same ease as ordering a pizza onli
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20 Feb 2024

Bitcoin spot ETFs could be headed to South Africa in 2024

Over the past decade, blockchain-based digital assets, like bitcoin, have evolved into a multibillion-dollar asset class, serving individuals and businesses for various purposes. Initially designed as a peer-to-peer means of pay
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19 Feb 2024

Bitcoin market cap crosses $1 trillion as buyers flood in

THE total value invested in bitcoin surpassed $1 trillion (R19trl) yesterday for the first time since November 2021 as inflows to US spot bitcoin exchange traded funds continued to support prices.Bitcoin's price reached $51 902 yesterday, i
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15 Feb 2024

One bitcoin now costs R1-million

One bitcoin now costs R1-million, nearly equalling the record high price (in rand terms) set in November 2021, when the US dollar price of the token was around $65 000. Because the rand has weakened significantly since then, bit
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14 Feb 2024

Data centres are straining electricity grids worldwide

Governments around the world are pausing to reconsider the approval of construction permits for new data centres due to the strain that their huge demand for electricity places on national grids. So far, there is no indication t
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14 Feb 2024

Bitcoin hits $50k level for first time in more than two years

Bitcoin hit the $50,000 level for the first time in more than two years as the world's largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month's regulatory nod for U.S. exchange-traded funds designed
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13 Feb 2024

New York attorney general expands crypto lawsuit, sees $3 billion fraud

New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants, tripling the size of their alleged fraud scheme to more than $3 billion.James had in October sued DCG
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12 Feb 2024

Bitcoin Surges Above $46,000 on ETF Inflows

Bitcoin Surges Above $46,000 on ETF Inflows Bitcoin has experienced a recent surge above $46,000, driven by steady inflows into various spot-based US funds and anticipation surrounding the upcoming halving event in April.
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10 Feb 2024

Bitcoin miners flood into Africa

Last year, cargo containers began appearing near electricity substations connected to the recently built Grand Ethiopian Renaissance Dam, Africa's largest. Inside were stacks of powerful, energy-guzzling computers. It was a tell
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08 Feb 2024

Trial opens into Bitcoin inventor claims

The trial of an alleged Bitcoin creator opened in London on Monday, seeking to determine whether an Australian computer scientist invented the worlds most popular cryptocurrency.Craig Wright, 53, says he is Satoshi Nakamoto, the pseudonym o
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06 Feb 2024