BITCOIN TO SOAR TO 100K
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity and supply constraints from the bitcoin halving, he predicts a rapid surge is imminent.$BTC
#BTCSoarsTo68K $BTC $

Binance Expands Mobile Money Across Africa

Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets more accessible. By offering a secure, user-friendly entry into crypto, Binance aims to empower millions across Africa with greater access to the global digital economy.
Users in Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and Senegal can now purchase cryptocurrency directly through mobile money services via local partnerships. This move aligns with Binance’s efforts to expand financial inclusion and access to the digital economy across Africa. This expansion builds on Binance’s One Click Buy and Sell (OCBS) service, launched in Africa in August, allowing users in Ghana, Tanzania, Uganda, and Zambia to trade cryptocurrencies through mobile money accounts.

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Understanding crypto currency

Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, making it difficult to counterfeit or manipulate. Unlike traditional currencies (like dollars or euros), cryptocurrencies are decentralized, meaning they operate on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers. This decentralization means that cryptocurrencies are not controlled by any central authority, like a government or bank.

Key features of cryptocurrencies include:

Decentralization: Most cryptocurrencies are not controlled by a central authority, making them more resistant to censorship and manipulation.
Blockchain Technology: A blockchain is a secure, transparent ledger that records all transactions made with a cryptocurrency. It ensures that the same coin cannot be used more than once (double-spending).
Security: Cryptocurrencies rely on cryptographic techniques for secure transactions and to control the creation of new units.
Digital Nature: Cryptocurrencies exist only in digital form. There are no physical coins or bills.
Some popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). Each of these has unique features and serves different purposes, from being a digital currency to providing platforms for smart contracts and decentralized applications.