Cryptocurrencies Archives - The AfroCryptopian

Getting Started with Cryptocurrency Investment: A Beginner’s Guide

by Jovaughn BrownCryptocurrencies, Education November 13, 2023November 13, 2023No Comments

Cryptocurrencies have taken the world by storm, and you may have heard stories of people making significant gains by investing in digital assets like Bitcoin and Ethereum. If you’re new to this exciting financial frontier, you’re in the right place. This article serves as your go-to guide for starting cryptocurrency investment, tailored especially for beginners. …

Uniswap Founder Hayden Adams Burns $650 Billion Worth of HayCoin Supply

by Jovaughn BrownCryptocurrencies, News October 23, 2023October 23, 2023No Comments

Yup, you read that right. On October 20th 2023, something remarkable happened in the world of cryptocurrency. Hayden Adams, the founder of Uniswap, made a surprising move that sent shockwaves through the crypto community. He decided to burn 99% of the entire supply of a cryptocurrency called HayCoin. But why did he do this, and …

Reddit Ends Community Points Crypto Program, Leading to Significant Value Drop

by Jovaughn BrownCryptocurrencies, News October 20, 2023October 20, 2023No Comments

Reddit, a popular online community platform, is bidding farewell to its blockchain-based Community Points program, which includes the MOON cryptocurrency. This program, introduced three years ago, aimed to motivate Reddit users to contribute high-quality content. However, according to Tim Rathschmidt, Reddit’s Director of Consumer and Products Communications, maintaining it became too resource-intensive to justify. The …

Bitcoin ETF Approval Chances Soar to 90%, Bloomberg Intelligence Reports

by Jovaughn BrownCryptocurrencies, News October 15, 2023October 15, 2023No Comments

In a significant turn of events for the cryptocurrency world, Bloomberg Intelligence analysts have revealed that the likelihood of the U.S. Securities and Exchange Commission (SEC) approving a Bitcoin Exchange-Traded Fund (ETF) has surged to an impressive 90%. This newfound optimism stems from recent developments, including a legal victory for Grayscale Investments LLC and promising …

Ferrari Now Accepting Cryptocurrency Payments for Luxury Sports Cars in the US, Europe Expansion Planned

by Jovaughn BrownCryptocurrencies, News October 15, 2023October 15, 2023No Comments

Ferrari, the celebrated Italian luxury sports car manufacturer, has embarked on a trailblazing journey by embracing cryptocurrency as an accepted payment method for its opulent vehicles in the United States. Furthermore, they are gearing up to extend this innovative initiative into Europe in the coming months, according to an article on Reuters. This strategic shift …

The Rise of SocialFi: Decentralized Social Media Meets Finance

by Jovaughn BrownBlockchain, Cryptocurrencies, News October 11, 2023October 12, 2023No Comments

In the ever-evolving landscape of Web3, a new concept known as SocialFi is taking center stage. SocialFi, or SoFi, which combines social media and decentralized finance (DeFi), represents a groundbreaking shift in the way we interact with social platforms and manage our digital identities. As of today, the most popular SocialFi apps include Friend.tech, Hooked …

A shiba inu from the dogecoin cryptocurrency driving a tesla cybertruck

Tesla Website Code Hints at Dogecoin Payment Option for Cybertruck

by Jovaughn BrownCryptocurrencies, News October 10, 2023October 10, 2023One Comment

In a surprising turn of events, the codebase of Tesla’s website has revealed a potential new payment option – Dogecoin – for purchasing the much-anticipated Cybertruck. Elon Musk, the CEO of Tesla, has been at the forefront of promoting Dogecoin, and this recent discovery has sparked speculation about the company’s plans for embracing the popular …

Ethereum Foundation Sells 1,700 ETH Amid Market Fluctuations

by Jovaughn BrownCryptocurrencies, News October 10, 2023October 10, 2023No Comments

The Ethereum Foundation, a non-profit organization supporting the Ethereum cryptocurrency, made headlines recently by selling 1,700 ETH on October 9, 2023, through the Uniswap exchange. They exchanged this ETH for 2.7 million USD Coin (USDC) at a rate of $1,611 per coin. Interestingly, the sale of ETH by the Ethereum Foundation had an impact on …

The debate should not be AI vs blockchain. It’s their synergy that matters

by Jovaughn BrownBlockchain, Cryptocurrencies April 16, 2023April 17, 2023No Comments

Blockchain technology has been hailed as a revolutionary force that has the potential to transform virtually every industry. It’s been the fundamental technology behind some of the most groundbreaking developments in recent years, including the rise of cryptocurrencies, NFTs, and web3. These technologies have disrupted traditional industries, unlocked new possibilities for innovation, and created opportunities …

The Bitcoin Maxis are probably right

by Jovaughn BrownBlockchain, Cryptocurrencies January 7, 2023February 9, 20233 Comments

I’ve been thinking lately about Bitcoin’s track record, and I’m beginning to think the Bitcoin Maximalists are on to something. Despite all the ups and downs, the Bitcoin engine has been chugging along like a champ, showing its strength and consistency through thick and thin. And with the recent market turmoil (thanks FTX), the whole …