Cryptocurrency News

Uganda’s gold discovery: What it could mean for crypto

06/24/2022

Less than a minute

2022.06.24 19:21

Uganda’s gold discovery: What it could mean for crypto

These are fraught times for the cryptocurrency and blockchain sector, so it isn’t surprising that industry proponents might seize upon any promising news to help charge flagging markets. A Reuters report out of Uganda last week about a massive gold ore discovery supplied just this kind of fuel.

What does the state of gold mining in Africa have to do with the price of global Bitcoin (BTC)? Quite a bit, potentially.

06/24/2022

Less than a minute

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