Transforming Crypto Payments: Bitvium Brings Light to Next-Gen Fintech Solutions
PRESS RELEASE. A radical challenge in crypto payments is constant security problems, such as phishing scams and poor user experience. In this decade, users should never have to worry about those dangers, which makes Bitvium’s market offering…
Crypto Market ‘Pricing in a Trump Win,’ Says QCP Capital
QCP Capital reports that the cryptocurrency market is anticipating a Donald Trump victory in the upcoming U.S. election in November 2024. QCP drew a parallel to the attempted assassination of Ronald Reagan in 1981. QCP Capital: Unusual Bitcoin…
This Week’s Top Crypto Market Performers: Mog Coin Leads With 54.9% Gain
Over the past week, bitcoin and ethereum each gained 10% against the U.S. dollar. Several other crypto assets saw double-digit increases, with the meme token mog coin (MOG) leading the pack with a 54.9% rise. The week’s largest decliner was…
Crypto Prices Rebound as Analysts Back New Meme Coin Base Dawgz for the Next Bull Run
The crypto market is back in the green, with Bitcoin soaring above $60,000 and many altcoins benefiting. Meme coins are also up widely, with one notable case being the new token Base Dawgz. A trailblazing multi-chain meme coin, $DAWGZ, has reached…
Bitcoin vs. Today’s Top Crypto Assets: Market Performance in 2024
Current market data indicates that bitcoin has increased by 48% against the U.S. dollar since Jan. 1, 2024. This implies that on that date, one tether (USDT) was exchanged for 0.00002368 BTC, whereas today, it’s valued at just 0.00001596…
As of July 15, 2024, ethereum (ETH) maintains its bullish trajectory, showing promising signs across various technical indicators. With its current price at $3,341 and a market capitalization of $401 billion, ether has demonstrated strong…
Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum Builds
Bitcoin is currently priced at $62,612, with a 24-hour intraday price range of $59,302 to $63,259. The market capitalization stands at $1.23 trillion, and the 24-hour trade volume is $28.37 billion. Bitcoin The BTC/USD 1-hour chart indicates a…
Queens Woman Indicted for Hiring Hitman With Cryptocurrency on Dark Web
A Queens woman, Yue Zhou, has been indicted on charges of murder for hire, following an investigation led by Homeland Security Investigations (HSI) New York. Zhou allegedly used a dark web site to solicit a hitman, offering cryptocurrency, cash…
Trump to Address Bitcoin 2024 Conference Despite Assassination Attempt
Former President Donald Trump, who survived an assassination attempt during a rally in Pennsylvania on July 13, is reportedly still scheduled to address the Bitcoin 2024 Conference, taking place in Nashville from July 25 to July 27. According to…
Guernsey Post to Launch Limited Edition Crypto Stamps
Guernsey Post, the postal service for the island of Guernsey in the Channel Islands, is set to become the first postal operator in the British Isles to introduce crypto stamps, merging traditional stamp collecting with digital non-fungible tokens…
Solana Based AI Project Grass Announces Final Epoch of Closed Beta
Grass, an artificial intelligence (AI) based web crawling project that uses the Solana network, has announced the end of its closed beta version with its final epoch. Grass stated that the beta allowed it to verify that it can reach 100% of the…
Latam Insights Encore: Chavez, Marx, And Bukele’s Anti ‘Free Market’ Practices to Curb Speculation In El Salvador
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the course of action that Nayib Bukele has taken regarding price gouging and…
Ultra Conservatism: A Hindrance to Africa’s Economic Progress and Development
Many African countries have adopted an ultra-conservative approach when dealing with revolutionary innovations. However, this has largely left residents behind and stifled talent. As a result, many countries are no closer to attaining ambitious…
UK’s Crown Prosecution Service Announces First Case Involving Monero Conversion
Jack Finney has been ordered to forfeit gains from selling a toxic substance marketed as a weight loss drug. The order includes proceeds in monero cryptocurrency and other assets. “This is the first case where we have converted Monero…
Philippines Charges 2 Russians in $6.2 Million XRP Theft
The Philippine Department of Justice (DOJ) has charged two Russian nationals with stealing PHP340 million ($6.2 million) worth of XRP cryptocurrency from a local crypto exchange. The suspects allegedly hacked Coins.ph’s system to commit the…
Russia Considers Allowing Digital Currency Trading on the Country’s Largest Exchanges
The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly Aksakov, head of the State Duma Financial…
SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to…
US Treasury ‘Very Attentive’ to Russia’s Use of Cryptocurrency, Yellen Says
U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen acknowledged the potential threat, noting that while it may…
Dormant 2012 Bitcoin Wallet Awakens, Moves a Notable 1,000 BTC Worth $60 Million
According to onchain data, a dormant bitcoin wallet created 11 years and nine months ago on Sept. 25, 2012, has transferred 1,000 bitcoins valued at $60 million to an unknown wallet for the first time. 11-Year-Old Bitcoin Wallet Transfers 1,000 BTC…
Russian Senate Leader Predicts Use of CBDCs in BRICS Payment System
Valentina Matvienko, Chairman of the Russian Federation Council, talked about the role of national digital currencies, also known as CBDCs, in increasing the use of national currencies in BRICS trade. Matvienko stated that a hypothetical BRICS…
Privacy Coin Monero Tops Payments at European Online Retailer Shopinbit in June
According to Shopinbit, a European online retailer that accepts cryptocurrency for transactions, monero (XMR) was the favored payment method in June. Shopinbit reported that XMR accounted for over 74% of all payments during that period. European…
Latam Insights: Bukele Goes Chavez Mode Against High Prices, Paraguay Strengthens Power Theft Penalties For Crypto Mining
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele starts combating price gouging practices in El Salvador a la Chavez, Paraguay enacts…
Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $1.54 per transfer. Bitcoin Fees Hit 10-Month Low Onchain Bitcoin fees…
Usual Money Launches Usual USD on Public Mainnet; TVL Reaches $90M
A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks to provide a decentralized alternative to traditional fiat-backed stablecoins. Usual Money Debuts USD0…
290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch
According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2…
Justin Sun Endorses Donald Trump After Assassination Attempt, Citing Crypto Industry Benefits
TRON founder Justin Sun has publicly endorsed former U.S. President and current presidential candidate Donald Trump in the upcoming election, citing his potential to provide a more favorable environment for the cryptocurrency industry. In a social…
Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin Sales
Institutional liquidity providers, market makers, and over-the-counter (OTC) trading desks, regardless of the term you choose, have taken in most of Germany’s bitcoin since sales began in June 2024. Data reveals that only a small amount of…
The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time…
German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review
Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding…
Web3 Marketing Strategist Says It’s a ‘Mistake’ to Frame Blockchain and AI as Competing Technologies
According to Catherine Daly, the marketing head at Space and Time, framing artificial intelligence (AI) and blockchain as competing industries would be a mistake. Instead, Daly believes “there’s a lot of room for each to accelerate…
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