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Latam Insights: Colombian President Meets Blockchain Experts, Brazil Passes 15% Tax for Foreign Crypto Investments
4.12.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing investments in foreign exchanges, and the Fintech...
Bitcoin Price Nears $41,000 Amid Broader Crypto Rally
4.12.2023
Source: Pixabay Bitcoin price has surged past the $40,000 mark for the first time since early May 2022. Bitcoin’s price had been hovering around the $40,000 level in recent days and finally breached it on late Sunday, trading above $40,750 as of the latest update, reflecting a 24-hour rise...
Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit
4.12.2023
Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion, with the current value of its bitcoin cache...
Bitcoin Breaks $40K Barrier — Highest Value in Nearly Two Years
4.12.2023
On Sunday, December 3, 2023, bitcoin’s value surged past the $40K mark, peaking at $40,846 at 8:45 p.m. Eastern Time. Over the past week, bitcoin has witnessed an 8.4% increase and a 3% rise in the past 24 hours, achieving a peak that the cryptocurrency hadn’t seen in 20 months....
Platypus Exploiters Acquitted of Wrongdoing in Landmark Case
4.12.2023
Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that...
Standard Chartered-Backed Zodia Custody Joins Ripple-Owned Metaco’s Global Crypto Storage Network
4.12.2023
Bitcoin Breaks $40K for First Time in 18 Months Amid Broader Crypto Market Rise
4.12.2023
The price of Bitcoin hit $40,000 on Sunday for the first time in 18 months, while Ethereum rose past $2,200
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
3.12.2023
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar...
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Value Locked in Defi Nears $50B With 34.40% Surge in 46 Days, Led by Top Protocols
3.12.2023
The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46 days ago, on October 18. Over this period, the TVL in defi...
Trust Wallet and Alchemy Pay Partner for Seamless Crypto Ramp Solutions
3.12.2023
PRESS RELEASE. Alchemy Pay, the leading fiat-crypto payment solution provider, has announced a new partnership with Trust Wallet, the leading self-custody and mutichain wallet with over 70 million users, enabling users to easily buy and sell crypto with multiple fiat payments within Trust Wallet...
Crashino Casino Review – Games, Features and Bonuses
3.12.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. Crashino is a relatively new cryptocurrency casino, but this factor is not holding this casino back from making a name for itself in the cryptocurrency casino space. With its rich library...
Celestia Price Prediction as Airdrop Token Approaches $10 Level – Is TIA the Next Solana?
3.12.2023
As the crypto community buzzes with anticipation, the Celestia token (TIA) nudges the $10 mark, currently trading at $8.31 amidst a bustling 24-hour trading volume of $387,150,841. Despite a slight downtrend of around 2.50% in the last day, Celestia maintains a robust position, ranked #50...
Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review
3.12.2023
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States...
Bitcoin Price Prediction as $40,000 Resistance Comes into Play – Can BTC Reach $50,000 This Week?
3.12.2023
As Bitcoin soars to a striking $39,390, up by a significant 1.50% in the last day, the crypto community is abuzz with anticipation. This remarkable surge forms a crucial part of the broader escalation in the total cryptocurrency market cap, which has now eclipsed the $1.5 trillion milestone....
Asset Managers Should Only Engage Staking Platforms With Strong Security — Andrew McFarlane
3.12.2023
Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has said. According to McFarlane, slashing, which is...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
3.12.2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only...
SEC Lawyers Warned by Judge for ‘Misleading’ Request in Crypto Case
3.12.2023
Source: AdobeStock / Andriy Blokhin A federal judge has warned attorneys from the Securities and Exchange Commission (SEC) regarding their “false and misleading” arguments in a court filing. The attorneys are accused of persuading the court to freeze the assets of a cryptocurrency firm...
South African Crypto Exchanges Revix and Bitfund Merge With Austrian Digital Asset Platform
3.12.2023
Two South African crypto platforms and an Austria-based digital asset platform have joined forces to launch a new alternative investment platform called Altify. The goal of the new outfit is to enable South African investors, particularly the younger ones, to harness the power of alternative...
Breaking: TRON’s Innovation and Bitcoin’s Dominance Challenged by This Crypto Force
3.12.2023
Tron (TRX) has recently captivated the attention of Iranian militant groups, suggesting the broader adoption of TRX. Also, Standard Chartered Bank reasserted its bullish position on Bitcoin (BTC), projecting an even more ambitious height for the flagship digital currency. Meanwhile, BorroeFinance...