The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer one (L1) blockchain technology of Aptos in tandem with Jambo’s dedication […]
Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $ 1.3 billion. Genesis Global Permitted to Liquidate $ 1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global Holdco LLC secured Judge Sean Lane’s approval to liquidate its GBTC investments, currently estimated at …
Bitcoin’s spot market value leaped over the $ 49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $ 50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week. Bitcoin Breaks $ …
PRESS RELEASE. The new Qtum roadmap for 2024 will pioneer Qtum’s first USDC token swaps with a token bridge, support for Bitcoin Ordinals, and upstream support to Qtum Core. These new features are likely to open the DeFi floodgates, significantly increase chain volume, and attract developers. Nearly one decade ago, Qtum began its journey to […]
Britain’s former chancellor of the exchequer, George Osborne, joins Coinbase’s global advisory council. Osborne becomes the latest high-profile politician to join the crypto exchange’s advisory council. The former finance minister has said he is looking forward to working with Coinbase as it builds “a new future in financial services.” Coinbase to Tap Into Osborne’s Wealth […]
A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the participants globally anticipate that bitcoin prices will hover between $ 30,000 and $ …
Crossborder Capital’s Michael Howell, a veteran in global finance, offered a liquidity-based view on the current state of the economy. He challenged the prevailing narrative of monetary tightening with evidence of a rise in liquidity, which in turn should uplift stocks, gold, and cryptocurrencies. Michael Howell of Crossborder Capital Focused on Rising Global Liquidity and […]
PRESS RELEASE. Alchemy Pay has launched its fiat-crypto on-ramp payment services on Bitcoin.com’s web portal. Alchemy Pay’s direct-to-customer plugin, which can be easily integrated and deployed by web3 apps and platforms, supports the purchase of a wide range of cryptocurrencies, including Bitcoin.com’s rewards and utility token VERSE. The new local payment methods offered by Alchemy […]
According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $ 8 million and will forfeit its New York state Bitlicense as part of the agreement over compliance failures. Adrienne Harris, the DFS Superintendent said Genesis displayed a “demonstrated a disregard for the …
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $ 187 million in application-specific integrated circuit (ASIC) bitcoin mining rigs. The purchase was made from Bitmain, one of the leading ASIC manufacturers in the industry. Phoenix Group Amplifies Mining Fleet With Latest ASIC Purchase From Bitmain Listed on the …
In a nod to the ever-growing global impact of cryptocurrencies, Bitcoin.com News has launched Spanish and Russian versions of its site, aiming to provide non-English speakers with the latest in crypto news and insights. Spanish and Russian Speakers Gain Direct Access to Crypto News as Bitcoin.com News Expands Language Offerings In a move informed by […]
According to Ray Youssef, the CEO of Noones, peer-to-peer (P2P) bitcoin trading is the United States’ public enemy number one because its potential widespread adoption by people from the Global South represents the “world’s first real threat to the U.S. Treasury system.” Youssef added that the United States’ disdain of P2P marketplaces is also due […]
PRESS RELEASE. In the challenging global financial climate of 2023, LBank Labs, a $ 100 million fund and Fund of Funds, has made a strategic move by establishing its presence in Morocco. This decision, led by El Bachir Essamari and robustly supported by the leadership team, represents a significant step forward. Culminating in the …
Jim Rickards, a famous economist and investment lawyer, has predicted a year of turmoil for global economies in 2024. According to Rickards, the U.S. Federal Reserve will be unable to pull off a soft landing scenario, prompting a global recession. Also, according to Rickards, a new banking crisis involving medium-sized regional banks will develop. Jim […]
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial industry,†said the bank’s digital asset research manager. “It’s now truly becoming a trusted gateway that is rapidly transforming the economic […]