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 […]
Bitget Forecasts BTC to Reach $100,000 and ORDI’s Ascent in Next Bull Market
In a newly published prediction report, Bitget, a leading derivatives crypto exchange, forecasts a vibrant future for the Bitcoin ecosystem, with BTC potentially soaring to $ 100,000 and the ORDI BRC20 token climbing the ranks in the next bull market. Bitget researchers say this expansion is set to revolutionize the crypto world, offering unprecedented …
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
Asset management firm Vaneck has predicted that bitcoin’s price will reach an all-time high on Nov. 9, following a “combative election that saw Donald Trump win 290 electoral votes and regain the presidency, raising optimism that the SEC’s hostile regulatory approach will be dismantled.” Vaneck further predicted that Satoshi Nakamoto could be named Time Magazine’s […]
The Quest to Stabilize GHO — Navigating Challenges to Reach $1 Peg Amidst Aave’s Corporate Rebrand
The blockchain technology enterprise Aave Companies, recently rebranded as Avara, is still navigating challenges in stabilizing its stablecoin GHO, which is currently struggling to sustain its desired $ 1 peg. The project’s Liquidity Committee is actively working on strategies to strengthen the stablecoin, aiming to elevate its value above $ 0.985 by November …
Finder’s Experts Predict Bitcoin to Reach $87K by 2025, Settling at $30K by Year’s End
Bitcoin (BTC), the leading crypto asset by market cap, has captured considerable attention within the realm of digital currencies, demonstrating robustness and a pronounced market dominance. As it currently stands, its value hovers slightly beneath the $ 34,000 mark. The latest bitcoin price prediction report from finder.com sheds light on anticipated future developments, as …
Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange
The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to make or receive payments. Harnessing Visa’s Vast Experience and Global Reach The […]
SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and anticipates operations to begin by the end of the third quarter. SMI Vantage Charts New Territory With Sarawak Bitcoin Mining Venture According […]
Binance Expands Global Reach — Becomes Fully Licensed Crypto Exchange in El Salvador
Binance has become a fully licensed cryptocurrency exchange in El Salvador, having obtained two licenses: a Bitcoin Services Provider license (BSP) and a Digital Assets Services Provider license (DASP). According to the company, Binance now has approvals and registrations in 18 markets worldwide. Binance Now Fully Licensed in El Salvador Cryptocurrency exchange Binance announced Tuesday […]
Binance Users Reach 150 Million, CZ Reveals
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto Exchange Binance Adds 30 Million Users in a Year The […]
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $ 850 million during this period, with its overall excess reserves reaching $ 3.3 billion. Tether …
Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide
This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once consistently taking the second spot week after week in the NFT sales ranking, Bitcoin-based […]
Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel
The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $ 2.7K before settling at around $ 2.5K by the end of 2023, according to the latest report from Finder. The report is based on predictions by a panel of 29 cryptocurrency and fintech …
China’s Central Bank: Digital Yuan Transactions Reach $250 Billion
China’s central bank governor has revealed that transactions using the country’s central bank digital currency (CBDC) reached 1.8 trillion yuan ($ 250 billion) at the end of June. In addition, the People’s Bank of China (PBOC) official stated that digital yuan in circulation amounted to 16.5 billion yuan. Latest Digital Yuan Stats People’s Bank …
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend to between $ 40,000 and $ 50,000 …