Hey, Your Crypto Newsletter for September 16, 2021

[FeedBinary Newsletter]( You Might Like         [Learn more about RevenueStripe...]( [Report: Bitcoin Adoption In Africa Grows 1,200% In One Year]( The continent is the third-fastest growing bitcoin economy globally, powered by retail users seeking to save and transfer money. Bitcoin adoption in Africa has skyrocketed over the past year, growing over 1,200%, according to a report by Chainalysis. The increased activity in the region has been fueled by retail investors, who resort to bitcoin every day for savings, remittances, and peer-to-peer (P2P) trading. Artur Schaback, COO and co-founder of P2P exchange Paxful, told Chainalysis that his platform had seen stark growth in African countries, notably 57% in Nigeria and over 300% in Kenya, over the last year. In fact, Africa has the largest volume of P2P bitcoin trading in the world, as citizens often face banking restrictions to centralized bitcoin on-ramps. [Read More](   Recommended products [DealDash is a market leader in the penny auction](                 [The portable lamp that sterilises everything](   [Bitcoin’s Biggest Backer MicroStrategy Further Boosts Its Holdings by BTC 5,050]( Bitcoin’s biggest corporate backer has announced an investment of a further $243 million (roughly Rs. 1,790 crores) in the world’s largest cryptocurrency. In a tweet, software firm MicroStrategy’s CEO Michael Saylor said his company was adding more Bitcoins to its stash and has bought an additional BTC 5,050 at an average price of $48,099 (roughly Rs. 35 lakhs) per Bitcoin. MicroStrategy now holds Bitcoins worth more than $5 billion (roughly Rs. 36,815 crores), which makes it by far the biggest corporate investor in the cryptocurrency. Saylor first bought Bitcoin for MicroStrategy in August 2020 and his move was later emulated by Jack Dorsey’s Square and Elon Musk’s Tesla. Since his first buy, Saylor has spent more than $3 billion (roughly Rs. 22,090 crores) on Bitcoin purchases. The move has paid off as those Bitcoins are now worth more than $5 billion. As of September 14 (12:15pm IST), Bitcoin price in India stood at Rs. 35.66 lakhs. [Read More](   [Market Outlook: Where will Bitcoin be by the end of 2021?]( As the crypto market continues to rise after a strong start in 2020, 2021 may be no different. Although Bitcoin and Ethereum are currently experiencing a dip, they have both been hitting all-time highs every few weeks. Is there any indication of what other cryptocurrency and Bitcoin prices will do in 2021 after undergoing a correction?  The leading digital currency was expected to retest $20,000 despite a number of negative headlines that some believe would lead to its decline. The coin’s rally to its all-time high and beyond is once again in fashion.  This moment is replete with superlatives: Bitcoin is up four weeks in a row and is on the pace for the second month of gains. Since February, when it was climbing toward a record, it has seen its fastest 21-day advance.   [Read More]( You Might Like         [Learn more about RevenueStripe...]( Connect with FeedBinary on social media You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 [Unsubscribe](