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Honduran City of Prospera Adopts Bitcoin as Unit of Account

[Jan 9, 2024 8:30 AM] The city of Prospera in Honduras has recently adopted bitcoin as a unit of account, allowing companies to pay taxes and determine obligations in bitcoin. The measure could incentivize the development of a circular economy, given that bitcoin has…

XRP Price Could Hit $220 With Gamma-Ray Burst: Crypto Analyst

[Jan 9, 2024 8:00 AM] Egrag Crypto, a crypto analyst on X, has released a technical analysis that suggests a potential surge in the price of XRP to as high as $220, drawing a vivid parallel to the astronomical event known as a Gamma-Ray Burst (GRB). In financial…

South Korea Proposes Ban on Credit Card Crypto Purchases

[Jan 9, 2024 2:00 AM] Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten…

Visa Adopts Web3 Tech for Its New Loyalty Engagement Solution

[Jan 8, 2024 5:30 PM] Visa, a worldwide leader in credit payment technology, has announced that it will include Web3 elements in its customized loyalty program solution. The company partnered with Smartmedia Technologies, a Web3 loyalty rewards startup, to add…

10 Spot Bitcoin ETF Applicants Submit Final Amendments With SEC

[Jan 8, 2024 10:45 AM] Ten spot bitcoin exchange-traded fund (ETF) applicants have filed their final amended registration statements with the U.S. Securities and Exchange Commission (SEC). The amended filings reveal a fierce fee war among spot bitcoin ETF issuers…