cryptocurrency

  1. tatecrypto

    My Crypto Daytrading Journey with $1.3 Initial Capital--All the Nitty-Gritty

    I`m a 34 year old Crypto Day Trader.Two days ago on Tuesday i decided to start a challenge --Grow $1.3 to $100 in less than 14 Days.Is it possible? i will post all my trades here, all the profit and losses-all the Nitty-Gritty im not gonna sugarcoat or hide anything. For my normal futures...
  2. Hanno Labuschagne

    Luno adds 1 million more wallets in 3 months

    Luno adds 1 million more wallets in 3 months Cryptocurrency company Luno added one million more users to its trading platform over the last three months, bringing its total customer base to 8 million. In South Africa, which accounts for 30% of the platform's users, 300,000 new wallets were...
  3. Hanno Labuschagne

    Cryptocurrencies must be regulated in South Africa - National Treasury

    Cryptocurrencies must be regulated in South Africa - National Treasury National Treasury has told Parliament that South Africa’s only option was to regulate activities related to crypto assets like Bitcoin. It said that the country can’t simply leave the crypto asset market unregulated, and it...
  4. Hanno Labuschagne

    Bitcoin is now legal tender in this country

    Bitcoin is now legal tender in this country El Salvador’s President Nayib Bukele said the nation has adopted Bitcoin as legal tender, a step he believes will create jobs and promote financial inclusion. Bukele, Latin America’s youngest president who’s known to break from the norms, said on...
  5. dawidmsnyders

    How this week's crypto crash bears a striking similarity to the one in 2017

    How this week's crypto crash bears a striking similarity to the one in 2017. Bitcoin, Ethereum, and other cryptocurrencies have obviously had a horrible week. And while it’s foolish to try predicting where things go next, there are two big similarities between this move and the one we saw at...
  6. Hanno Labuschagne

    What you should know about paying tax on cryptocurrency trading in South Africa

    What you should know about paying tax on cryptocurrency trading in South Africa If you are doing anything with cryptocurrency other than buying and holding it, there are tax implications in South Africa, tax consultant André Bothma has warned. Bothma, who also serves as tax content creator at...
  7. Hanno Labuschagne

    Elon Musk says Tesla sold some Bitcoin to prove its liquidity

    Elon Musk says Tesla sold some Bitcoin to prove its liquidity Elon Musk said Tesla Inc. sold 10% of its Bitcoin holdings to demonstrate the token’s liquidity, while adding that he’s retained his personal investment in the cryptocurrency. Tesla’s earnings report showed the firm -- which bought...
  8. F

    Hardware wallet ... best one and how to get it in South Africa?

    In a couple of forums I read that you must always get your hardware wallet directly from the supplier. I see that Takealot sells the Trezor and the Ledger wallet. Can takealot be trusted? If not, where should I order one from so that someone at the post office does not steal it. Finally...
  9. Hanno Labuschagne

    One of SA's oldest crypto exchanges is shutting down

    One of SA's oldest crypto exchanges is shutting down ICE3x, a South African cryptocurrency exchange that has operated since 2013, has announced that it is liquidating the business. ICE3x was one of South Africa's oldest cryptocurrency exchanges and was the first to offer an Ethereum-Rand...
  10. Hanno Labuschagne

    This is how businesses in South Africa are using Bitcoin to evade tax

    This is how businesses in South Africa are using Bitcoin to evade tax Many South African businesses are evading tax by converting their profits into Bitcoin and transferring it unnoticed out of the country. This is feedback from a well-placed South African businessman who said there are...
  11. Hanno Labuschagne

    NFT craze creating overnight millionaires

    NFT craze creating overnight millionaires Non-fungible tokens (NFTs) are the latest craze to sweep the cryptocurrency world with artists and celebrities raking in millions of dollars worth of ether (Ξ, or ETH), the native fungible token of the Ethereum blockchain. "Fungibility" refers to the...
  12. Hanno Labuschagne

    Luno now allows users to earn interest on cryptocurrency

    Luno now allows users to earn interest on cryptocurrency Cryptocurrency exchange Luno has announced that its customers can now earn interest on Bitcoin, Ethereum, and USDC. These currencies have been added to the platform’s savings wallet, which means that the company’s seven million customers...
  13. Hanno Labuschagne

    Doubt over Bitcoin's long term value due to environmental concerns and tighter regulations

    Doubt over Bitcoin's long term value due to environmental concerns and tighter regulations Bitcoin is nursing losses after its worst weekly plunge in almost a year and on one view its longer term outlook could be even worse because of environmental concerns and tightening regulations. The...
  14. Hanno Labuschagne

    Coinbase files to go public via direct listing

    Coinbase files to go public via direct listing Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, filed to go public via a direct listing, in what’s anticipated to be a break-through moment for the industry. The company won’t raise any proceeds in the transaction, Coinbase said in...
  15. J

    Expert warns that South Africans should expect stricter taxes on cryptocurrency trading

    Expert warns that South Africans should expect stricter taxes on cryptocurrency trading South Africans who own or trade cryptocurrencies should prepare for stricter taxes on their digital currency investment, according to Mazars South Africa audit division partner Wiehann Olivier. With an...
  16. J

    Cryptocurrency exchanges prepare for Bitcoin bull run

    Cryptocurrency exchanges prepare for Bitcoin bull run As speculation abounds around whether Bitcoin is poised for another bull run, a slew of crypto exchanges are embarking on hiring sprees while job losses are soaring. Kraken LLC said on Monday that it had been planning to hire 250 staffers...
  17. Rharia

    Cryptocurrency and forex with the same broker. AAFX Trading reviews in this light

    From what I see, a lot of people here trade cryptocurrencies with either Binance or similar cryptobroker. But I'd like to have more assets to trade: fiat currencies, indices, etc. I have algoruthmic strategy in mind and AAFX broker as one of the candidates, cause they offer nice leverage and...
  18. J

    Cryptocurrency expert arrested for aiding North Korea

    Cryptocurrency expert arrested for aiding North Korea The U.S. arrested an Ethereum Foundation cryptocurrency scientist and charged him with helping North Korea use blockchain technology “to evade sanctions and launder money.” Virgil Griffith, 36, was arrested Thursday at Los Angeles...
  19. J

    "Cryptocurrency will destroy banks soon"

    "Cryptocurrency will destroy banks soon" The evolution of blockchain-based digital currencies will soon result in the death of traditional banks as we know them, according to Efficient Group chief economist Dawie Roodt. Speaking at the Chain Reaction cryptocurrency event in Johannesburg, Roodt...
  20. J

    Cryptocurrency startup pays massive return to investors

    Cryptocurrency startup pays massive return to investors Billionaire moneymen Peter Thiel, Alan Howard and Louis Bacon have seen plenty of big paydays—but probably none as unusual as this one. A buyback by Block.one, a cryptocurrency startup, will return as much as 6,567% to its earliest...
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