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OKX Delists Tether’s USDT for EU Users Amid Regulatory Concerns
19.3.2024
OKX has discontinued support for cryptocurrency trading pairs involving Tether's USDT stablecoin for users based in the European Union (EU) and the European Economic Area (EEA).
The post OKX Delists Tether’s USDT for EU Users Amid Regulatory Concerns appeared first on Cryptonews
Stride’s new staking protocol raises dYdX stake: A new economic boom
19.3.2024
To help secure its network, the multichain liquid staking protocol Stride is encouraging the dYdX community to stake 20 million DYDX ($67 million) from its community pool using Stride 2. A revolutionary measure has been taken to enhance the economic security of members of the dYdX community...
Binance Receives Court Order to Release Nigerian Traders’ Data
19.3.2024
A Nigerian court ordered Binance to furnish detailed information regarding all Nigerian traders on its platform to the Economic and Financial Crimes Commission (EFCC).
The post Binance Receives Court Order to Release Nigerian Traders’ Data appeared first on Cryptonews
Japan’s economic crossroads: Recovery or renewed challenges
13.3.2024
Kazuo Ueda, the Bank of Japan Governor, hinted that Japan is moderately recovering from its economic condition. The policy meeting is scheduled to happen in March next week. Many speculate that a decision to end negative interest rates could be on the table. This comes in light of the demand...
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
12.3.2024
The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses that hold foreign exchange. Nigeria Presses Ahead...
Impact of China’s economic policies on US Dollar and global liquidity
12.3.2024
USD has always been considered the most reliable, safe, and stable currency of all time, and its role in global trade has made it the backbone of the global financial system. Besides, it has been the most widely used currency in foreign exchange transactions, international debt securities...
Revolut Reveals Revolut Ramp in Partnership with MetaMask
6.3.2024
Revolut Ramp is the latest crypto offering available to users in the UK and European Economic Area.
The post Revolut Reveals Revolut Ramp in Partnership with MetaMask appeared first on Cryptonews
Why Everyone Is Looking Forward To Girand/ Why Girand Could Be A Gamechanger
3.3.2024
2024 is expected to be a year of change in the development of the gaming industry, especially in light of the exciting new trend, GameFi. Combining the world of video games and decentralized finance, GameFi creates a unique space where players enjoy virtual worlds and actively participate...
MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
26.2.2024
Billionaire Michael Saylor and his company, MicroStrategy, continue investing heavily in Bitcoin, adding another 3,000 coins for $155 million. As economic conditions continue to evolve, what does this mean for the future of Bitcoin and overall crypto markets?
The post MicroStrategy’s Michael...
Sean Patrick Maloney Will Stop Working on Crypto Issues If Confirmed as OECD Ambassador: Report
15.2.2024
Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD). Maloney reportedly sent a letter to Massachusetts Senator Elizabeth Warren on February 9, committing to resign from...
SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference’ Between Bitcoin and US Dollar
15.2.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic...
Argentina Tops Latin America in Stablecoin Purchases and Holdings: Report
13.2.2024
Argentina, a nation grappling with a severe economic crisis and a plunging peso, has emerged as the leading purchaser and holder of stablecoins in Latin America over the past six months, as per a report by Mexican-founded crypto exchange Bitso. Bitso’s recently published ‘Crypto...
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows – $100,000 BTC Possible?
9.2.2024
  Bitcoin Price Prediction In the dynamic world of cryptocurrency, Bitcoin continues to capture headlines with its recent surge to $46,000, propelled by significant developments in exchange-traded funds (ETFs) and economic warnings that have caught the attention of investors worldwide. Amidst...
Web3 Importance Highlighted in Alex Tapscott’s New Book
9.2.2024
A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...
Bitcoin Price Prediction: BTC Surges to $46,000 Amidst ETF Boom & Economic Warnings
9.2.2024
As Bitcoin trading around the $46,000 mark with a notable 3.50% surge on Friday, the cryptocurrency world braces for the impact of external financial narratives. Amidst this, MicroStrategy faces a recalibrated price target post-earnings call by BTIG, signaling shifting investor sentiments....
Robert Kiyosaki’s Stark Warning: World Economic Crash on Horizon, No Soft Landing Expected
9.2.2024
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his concerns about the U.S. economy, predicting investor losses amidst bank failures and a global economic crash. “For many years I have warned, ‘Buy gold, silver, bitcoin.’ We are not going in for a soft landing,”...
Lawmaker: Lack of Russian Crypto Regulations ‘Undermines Moscow’s Anti-Sanctions Policies’
6.2.2024
A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions. The media outlet RBC quoted Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption, as calling Russian...
Latam Insights: El Salvador Reinforces Its Bitcoin Allegiance, Milei Drops Crypto From Omnibus Bill
5.2.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador to deepen its Bitcoin commitment if President Bukele gets reelected, Argentine President Javier Milei drops crypto tax matters from Omnibus Bill...
Bitcoin and Ethereum Price Prediction as Fed Interest Rate Decision is Announced – New Bull Market Starting?
31.1.2024
Bitcoin and Ethereum Price Prediction In the wake of the Federal Reserve’s latest decision to hold interest rates steady at 5.50%, the financial world turns its gaze to the potential impacts on major cryptocurrencies, notably Bitcoin and Ethereum. This stabilization of the federal funds rate...