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Dogecoin market cap soars amid X payments speculation


The market cap of Dogecoin has hit the milestone of $12 billion. This comes amid speculation that the token may be a part of X Payments, launched by Elon Musk on X. A new utility feature and the potential integration have also caused an uptick in the exchange valuation of the token. It was last...

Elon Musk’s X Payments Feature Sparks Speculation Among Crypto Enthusiasts


Elon Musk’s “everything app,” known as X, has recently created a dedicated account for its upcoming payments feature, igniting speculation within the crypto community about the possible integration of cryptocurrencies. The anticipation is that the X app will introduce in-app...

Russia ‘Edging Toward Mandatory CBDC Pensions’ – Economist


Source: Kira/Adobe A Russian economist has claimed Moscow will eventually force the elderly to accept CBDC pension payments as part of the digital ruble rollout. Per Pro Blast, the claims were made by the writer and economist Alexander Razuvaev, who said: “Gradually, [conventional] pensions...

Ripple Faces SEC Pressure for Financial Transparency in Ongoing Legal Saga


Source: Adobe / Dennis The legal battle between US-based blockchain payments firm Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn as the SEC seeks to compel Ripple to disclose its financial statements for the years 2022-2023. The regulator filed the motion...

Bitcoin is “Not Taking Off” as Mainstream Payment: BoE Governor


Source: AdobeStock / Iakov Kalinin Andrew Bailey, Bank of England governor, says cryptos lost its momentum to keep up a in the mainstream payments system. He stressed that cryptos such as Bitcoin are “pretty inefficient” as a payment method as it has not “keep up the momentum.” “My own sense...

Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding


The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards...

Report: Japan’s E-Commerce Giant Mercari to Accept BTC Payments


Starting in June, users of Mercari, one of Japan’s biggest e-commerce platforms, will be able to pay for products using bitcoin. Users of the platform will also be able to use proceeds from sales to buy and sell bitcoin. Mercari Set to Continue Displaying Yen Prices One of Japan’s...

Litecoin takes the lead in cryptocurrency payments


Litecoin has become the most used crypto for payments, according to new BitPay data. According to the largest payment processor in the world, LTC holds a global share of 38.25% in payments. The percentage rose from 34.52% in November to 38.25% in December 2023. The number set a new all-time high...

Japanese E-commerce Heavyweight Mercari to Accept Bitcoin Payments


Source: vladim_ka/Adobe Mercari, one of Japan’s biggest e-commerce platforms, says it will start accepting Bitcoin (BTC) from June this year. Per a report from Nikkei, the firm will process Bitcoin payments via its Tokyo-based crypto subsidiary Melcoin. Melcoin will convert all BTC payments into...

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