Tag Archives: South

Bitcoin and Ethereum market caps now the same as South Africa’s GDP

The combined market caps of Bitcoin and Ethereum now equal South Africa’s GDP. Following Bitcoin’s price breaching $14,000, its market cap increased to $254 billion. Ethereum has a market cap of $42 billion, which means their combined market cap is $296 billion. This is roughly the same as South Africa’s GDP in 2016, which was […]

South Korea Pumps the Ethereum Classic Price by Over 50% Overnight – The Merkle

Everyone who assumed Bitcoin would be the only major cryptocurrency to note some big price gains in the final weeks of 2017 is gravely mistaken. We now see all major altcoins try to make a name for themselves and bounce back strongly. The Ethereum Classic price, for example, has increased by as much as 50% […]

Ethereum Classic price breaks through $30 on South Korean trading

The Ethereum Classic price (ETC/USD) has soared to record highs after gaining more than 40% in the past 24 hours. Earlier today, the cryptocurrency broke through the $30 level for the first time and then proceed to set a new all-time high of $34.40. The move followed a strong Monday session in which ETC rose […]

Japanese Publicly Listed Companies Launch Cryptocurrency Exchanges in South Korea

News Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching a mobile […]

South Africans Now Have a Cost-efficient Way of Accessing Ethereum

A South African exchange called Luno is now enabling users to buy Ethereum’s cryptocurrency, ether, at the lowest price in the market. Unlike what many people may think, Luno is one of the oldest Bitcoin exchanges in the World. Formerly known as BitX, Luno was established in 2013 in the UK and maintains operations in […]

Buying Ethereum in South Africa just got a whole lot cheaper

Luno has made investing in cryptocurrency cheaper in South Africa, thanks to its support for Ethereum. Before its support for Ethereum, South Africans who wanted to buy Ethereum – or other altcoins – typically had to purchase Bitcoin from Luno, send it to a cryptocurrency exchange like Poloniex, and then buy their desired cryptocurrency. This process […]

3 Must Read Stories: Trump the South China Sea Peacemaker, Bitcoin Slumps, Cathay Pacific Loses Blue Chip Status

U.S. President Donald Trump will meet with his firebrand Philippines counterpart Rodrigo Duterte on Monday at a summit of Asia-Pacific leaders with the South China Sea dispute high on the agenda. The two leaders, who share a bombastic and brash rhetoric, will meet in Vietnam at a trade summit hosted by the Association of Southeast Asian […]

Operation to Bypass China’s Capital Controls Using Bitcoin Ends up in South Korean Court

News A South Korean police officer has been indicted for his role in an operation to bypass China’s capital controls. Using bitcoin to transfer the funds, the case involves the movement of 12 billion won, approximately $11 million, by foreign exchange services in both China and South Korea. Also read: South Korea Prepares […]

Luno now supports Ethereum in South Africa

Bitcoin exchange and online wallet platform, Luno, has announced that it has added support for Ethereum – the second-largest digital currency after Bitcoin. Customers from over 40 countries, including South Africa, can now easily buy and sell digital currencies like Bitcoin (BTC) and Ethereum (ETH) using the Luno wallet, the company said in a statement. […]

South Korea vs USA – Movie Stars Show How to Survive on Bitcoin for a Week

Featured A South Korean broadcast television channel has produced and broadcasted a reality TV show where two movie stars competed to live on bitcoin for a week. Set in South Korea and San Francisco, the actors were challenged to find merchants who accept bitcoin directly. Also read: Bank of Korea Criticized, Does Not […]

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