On a single day this week the value of the entire cryptocurrency market fell over $26 billion. That day was on Monday. The sell-off followed a plummet in oil prices. Today they are down again. To find out what gives and to discuss the hidden opportunities in decentralised financing, CNBC Africa is joined by Richard de Souza, CEO of AltCoin Trader.
Bitcoin, the biggest cryptocurrency by value, fell 10% in 24 hours.
Bitcoin has fallen by over 17 per cent since the beginning of September. Joining CNBC Africa to unpack what's behind its current weakness is Marius Reitz, Luno's General Manager for Africa.
Facebook's Libra has inevitably been compared to popular cryptocurrencies like bitcoin. However, many experts question whether Libra can even be called a cryptocurrency.
Billionaire Mark Cuban calls Facebook’s digital coin Libra a ‘big mistake,’ saying it ‘could be dangerous’
Billionaire tech entrepreneur Mark Cuban criticized Facebook’s venture into cryptocurrency in a new CNBC interview.
With plans to expand into more than 15 African countries, this cryptocurrency platform is catching onto the digital currency craze. Luno's GM for Africa, Marius Reitz joins CNBC Africa to unpack the global Bitcoin rally and what this means for growing interest in emerging markets.