Is Bitcoin Legal In South Africa? Everything You Need To Know
Cryptocurrencies are becoming increasingly widespread worldwide, especially in South Africa. Bitcoin—arguably the most well-known cryptocurrency—has been the go-to option for many prospective holders and investors. Cryptocurrency is a digital asset. It is the newest and most promising asset to present in South Africa. The fundamental goal of Bitcoin, a relatively new and entirely […]
Do You Pay Tax On Bitcoin In South Africa? Everything You Need To Know
According to Chainalysis, South Africa is among the top 30 nations in the world for cryptocurrency acceptance. Tax laws govern the usage and management of crypto asset transactions in South Africa. It implies that anyone who purchases, sells, or holds cryptocurrencies could need to report any activity involving cryptocurrencies on their tax returns and pay […]
Bitcoin Breaches $57,000: Your Top Crypto Trading Guide
Bitcoin has breached $57,000, causing a buying frenzy among cryptocurrency traders. So what’s stopping you from getting on the Bitcoin train? In this article, CMTrading examines the surge in Bitcoin, the pros and cons affecting the crypto market, and shares valuable advice for all traders. Bitcoin trading: Cryptocurrency on the rise Bitcoin reached a two-year […]
Bitcoin Trading in South Africa – 10 Great Things You Need to Know
Update: This article was first published in June 2023. Bitcoin Trading made easy Bitcoin (BTC) just achieved a new milestone by recording the highest weekly close of 2023, which was a highly anticipated development, reports Binance. The uninitiated may view this accomplishment as just another figure, but market insiders and astute investors view it as […]
What a Great Rally! Bitcoin Trading Price Passes $30,000 Milestone
In a significant development for the cryptocurrency market, the trading price of Bitcoin has surged past the psychological threshold of $30,000 on the Binance exchange. This surge is indicative of a growing bullish sentiment among crypto traders. As the Bitcoin halving event approaches, experts have revised their price targets for BTC, further adding to the […]
Crypto trading: What are Altcoins?
Cryptocurrencies continued to gain strength with Bitcoin surpassing $30,000 on April 18th. The last time the king of cryptos passed the $30k barrier was in June 2022. Bitcoin has risen more than 80% since the start of 2023 aided by the banking crisis in March. As Bitcoin gains momentum we take a look at the crypto […]
Bitcoin’s record crash: Should you buy crypto?
Bitcoin’s record crash: Should you buy crypto? In 2021, Bitcoin could do no wrong, skyrocketing to $69 000 and becoming one of the world’s most popular assets. In 2022, Bitcoin, and the entire cryptocurrency sector, has collapsed, with the world’s biggest crypto falling below $20 000. In November 2022, the crypto market has been hit […]
Bitcoin holds above $20,000 after crypto crisis
Bitcoin holds above $20,000 after crypto crisis The cryptocurrency industry has been on edge for the past week as Bitcoin continued to plunge to its lowest levels in years. Bitcoin, the world’s biggest cryptocurrency, dropped to as low as $17,592.78 on June 18, falling below the key $20,000 level for the first time since […]
Bitcoin, Stocks rebound: How to deal with market uncertainty
Bitcoin, Stocks rebound: How to deal with market uncertainty The start of 2022 has seen incredible volatility as the tech-heavy Nasdaq narrowly avoided its worst start to a year yet. Similarly, the S&P 500 recorded its weakest January market performance since 2009. The already volatile cryptocurrency market also saw a huge decline throughout January 2022. […]
Market winners: Bitcoin, Tesla, Silver, and more!
Market winners: Bitcoin, Tesla, Silver, and more! From Bitcoin hitting an all-time high to Tesla posting a record high, we highlight some market winners for the past week. It has been an incredible week for Bitcoin, as the world’s most popular cryptocurrency surpassed its all-time high to hit a new record of more than $66,000. Electric […]