Feb 2 Crypto Review: ETH and BTC Rises After Fee Increase and Bitcoin Accepted in South Africa

Feb 2 Crypto Review: ETH and BTC Rises After Fee Increase and Bitcoin Accepted in South Africa

In this video, Axel discusses the latest developments in the cryptocurrency market. It does this using reporting and technical analysis. This way you will be up to date with the latest major crypto-related events within minutes. It’s time to take a look at the latest news.

In the video above, Axel informs you within a few minutes about all kinds of news and developments in the cryptocurrency market. This time Axel will talk about Ethereum and Bitcoin. These two cryptocurrencies (along with several others) soared following interest rate hikes in the US.

Axel will also speak about South Africa. This country has a new app for bitcoin.

Bitcoin accepted in South Africa

South African retailer Pick n Pay is now accepting Bitcoin payments via the Lightning Network at 1,628 stores. After a three-month trial, the company is now ready to accept Bitcoin at its stores across the country.

Paying with bitcoin in South Africa is possible thanks to a recent change in the country’s financial regulatory law. In October, the regulator changed the classification of cryptocurrencies so that they now fall under the category of ‘financial products’.

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Source: Btc Direct

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