Tag: cryptocurrency

January 23, 2023

In a statement, the firm says: “Genesis Global Holdco, LLC (GGH) and two of its lending business subsidiaries, Genesis Global Capital, LLC (GGC) and Genesis Asia Pacific Pte. Ltd. (GAP), filed voluntary petitions under Chapter 11 of the US Bankruptcy […]

January 23, 2023

Bitcoin Bitcoin (BTC) continued to trade near a five-month high to start the week, as sentiment in crypto markets remained bullish. Following a low of $22,387.90 on Sunday, BTC/USD hit an intraday peak of $23,056.73 earlier in today’s session. On […]

January 13, 2023

US-based retail trading app Robinhood has issued a warning that it plans to halt support for Bitcoin SV and plans to remove it from the platform. Robinhood plans to discontinue its support for Bitcoin SV on 25 January 2023, and […]

January 9, 2023

The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and […]

December 30, 2022

The comment follows recent cataclysmic events which led to an implosion of the cryptocurrency ecosystem. However, this “crypto winter”, as it’s often referred to, has been slowly getting worse amid both institutional failure in the ecosystem and changes in global […]

December 28, 2022

Customers Sue FTX, SBF for Priority Right to Repayment Over Other Creditors Four FTX customers have filed a lawsuit on Tuesday against the crypto exchange and its former executives, including founder and ex-CEO Sam Bankman-Fried (SBF). They want the court […]

December 27, 2022

It’s obvious to anyone paying attention that 2022 did not go as well as cryptocurrency holders hoped. More than $2 trillion worth of value vanished from the total crypto market cap while Bitcoin (BTC) saw its price plunge from $69,000 […]

December 23, 2022

Cryptocurrency Law Finally Sanctioned in Brazil Brazil has, at last, approved its cryptocurrency law in the nick of time. After having completed almost the whole period for taking action, President Jair Bolsonaro signed bill 14.478 into law on Dec. 21, […]

December 19, 2022

A popular crypto analyst is predicting Bitcoin (BTC) will break through a major resistance and go on an explosive rally. In a new YouTube strategy session, crypto trader Michaël van de Poppe tells his 164,000 subscribers that Bitcoin is on […]

December 15, 2022

This year, cryptocurrencies had a wild ride as Bitcoin and Ethereum fell over 70% since their all-time highs in November 2022. Earlier, experts said that the crypto market’s correlation with the stock market had worsened the state of the digital […]

December 9, 2022

Binance reveals that it has recorded a significant increase in those using Binance Pay across Africa. The cross-border crypto payment solution aims to increase financial inclusion and accessibility across the continent. The crypto and blockchain company also released the Binance […]

December 1, 2022

The cryptocurrency law project identified with the number 4.041/2021, was approved by the Chamber of Deputies in its session on Nov. 29. The law project, whose discussion and approval were postponed several times due to the general elections realized last […]

November 29, 2022

Fidelity Investment has taken another giant step towards providing cryptocurrency products for its customers. Recently, the firm announced the launching of Fidelity Crypto, a new cryptocurrency service for individual investors. It is worth noting that over 40 million Fidelity Investment […]

November 21, 2022

Brazilian Bank Itau Unibanco to Debut Crypto Custody Offering Itau Unibanco, one of the largest private banks in Brazil and Latam, has decided to step into the crypto-related services business. The company announced on Nov. 17, 2022, that it plans […]

November 17, 2022

The crypto firm is looking to make cross-border payments faster, cheaper and more transparent. It explained that in its current state, cross-border payments are slow and unreliable; charging expensive fees. The average fee for consumers to send money across borders […]

November 10, 2022

Cardano and Ethereum, two well-known cryptocurrencies, are creating protocols and networks to facilitate decentralized apps and services. Enterprises built to buy Ethereum or Cardano may operate independently of a centralized entity such as a bank or broker. One significant difference […]

November 10, 2022

FTX’s Slide From a $32 Billion Valuation to Needing an Emergency Lifeline At 4:00 p.m. (ET) on Nov. 9, 2022, the world’s largest crypto asset exchange by trade volume announced it would be backing out of purchasing FTX. This was […]

November 9, 2022

Bitcoin prices fell over 10% on Wednesday, with the broader crypto market in freefall after a potential bankruptcy in World No. 2 exchange FTX soured sentiment towards the space, with a bailout offer by Binance doing little to soothe losses. […]

November 7, 2022

Some restaurants, such as Quiznos, accept it. In fact, some of them have begun accepting it for their meals. Safari Comedor If you’re looking for a nice place to spend your weekend, consider paying with cryptocurrency. Some restaurants will even […]

November 1, 2022

In the days of cryptocurrency and Apple Pay, many people are more and more comfortable with the intersection of currency and the digital world. Financial institutions are in this transition period, too. It can be nerve-wracking to think about changing […]