Bitcoin was on track for a weekly gain of around 23% Friday, following a spate of positive developments for the world’s largest cryptocurrency. Bitcoin was trading 6% higher at about $77,000, up from about $62,800 at the start of the week. Crypto-linked stocks rose, with Coinbase and Circle advancing more than 9% each. Strategy advanced…
US President Donald Trump. Image: Reuters Cryptocurrency and blockchain-related stocks surged in pre-market trading on Thursday after US President Donald Trump urged congress to pass legislation establishing clear rules for the digital asset sector, following a White House meeting with industry executives. Trump, a vocal cryptocurrency advocate who has promised to make the US the…
I already felt late back in 2017, when I Fomo’d into bitcoin early in the November bull run. But I dove deep into the rabbit hole and – like many others – came out the other side convinced that bitcoin is the hardest money humans have ever invented. The technology has been proven many times…
The cryptocurrency industry is starting to prepare for the threat of quantum computing as recent advances fuel concerns that the technology could soon be able to crack the cryptography that protects transactions and digital wallets. Quantum computers can solve complex mathematical problems much faster than today’s sophisticated computers, and could be used to unscramble conventional…
SpaceX’s much-anticipated public listing, set to be the largest ever, will likely keep cryptocurrency prices in the doldrums as retail investors attracted to new and risky AI stocks scramble to get a slice of the action. Celebrity billionaire Elon Musk’s rocket and satellite communications company — which merged with his AI start-up xAI earlier this…
The Johannesburg High Court found that crypto-currency is subject to current forex rules. (Graphic: Nicola Mawson | Freepik) As government pushes ahead with plans to regulate cross-border crypto-currency flows, two High Court judgements have reached opposing conclusions on whether digital assets already fall within South Africa’s existing exchange control framework – leaving crypto holders in…
For years, one question in South Africa’s crypto debate has been deceptively simple: if bitcoin is bought in South Africa and moved to a wallet linked to an offshore custodian, has capital left the country? The latest High Court ruling brings that question into focus — not as a debate about what bitcoin is, but…
Africa Bitcoin Corporation, the JSE-listed company formerly known as Altvest Capital, is moving its listing from the bourse’s junior market to the main board. The company said the JSE has approved its application to transfer its securities from the Alternative Exchange, or AltX, to the main board, where it will be classified under the general…
A cryptocurrency investor who was locked out of his Bitcoin wallet for over a decade has successfully used Anthropic’s Claude AI to crack his own encryption, reclaiming access to a fortune worth R6.55 million ($399,404). Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: AI trends shifting! The user, posting under the handle @cprkrn on X,…
Africa Bitcoin Corporation holds 5.0246 Bitcoin in its corporate treasury as it advances a long-term strategy to accumulate digital assets on its balance sheet. The company, listed on the Johannesburg Stock Exchange, has set a target of holding 21,000 Bitcoin by 2030, a level that would make it the largest African-listed corporate holder of the…
