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2 years agoXRP Overtakes Bitcoin as Preferred Investment in South Korea
XRP has become the most preferred asset in South Korean investors’ portfolios, especially those in their 20s, according to new findings. The proportion of XRP in the portfolios of individuals in their twenties e…
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2 years agoBorroe ($ROE) Surges as Shiba Inu (SHIB) Experiences a Shaky Start
Shiba Inu (SHIB) has encountered a shaky start following the launch of Shibarium, with a 23% slip in price. On the other hand, Borroe ($ROE) has been experiencing an upsurge in activity as the network’s interest c…
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2 years agoEurozone Financial Fragility: Could Bitcoin and Crypto Adoption Follow?
The Eurozone is facing a financial crisis due to the excessive money printing by the European Central Bank (ECB) and the national central banks of member states. This has led to a total of EUR 8.828 trillion being…
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2 years agoThailand Elects New Prime Minister With Crypto Background
Srettha Thavisin, the 61-year-old candidate of the Pheu Thai Party, was elected as the 30th Prime Minister of Thailand earlier this week. He received 482 votes out of a possible 747 and now needs the signature of…
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2 years agoStablecoin Adoption Booms Despite Crypto Market Outflows
Stablecoin adoption saw a surge in activity last year, with over $11 trillion in value settled and over 25 million blockchain addresses holding more than $1 in stablecoins. According to a report from European hedge…
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2 years agoBorroe's $ROE Token Breaks Records in Presale, Cardano ADA Struggles Despite Accumulation
Borroe is a revolutionary platform that combines AI technology with an NFT marketplace, designed to revolutionize the funding industry. The demand for its native token, $ROE, has reached unprecedented heights,…
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2 years agoWestern Union Explores Ripple's Blockchain Technology for Cross-Border Payments
Western Union, a global money transfer powerhouse, has announced its venture into the cryptocurrency realm. CEO Hikmet Ersek revealed that the company is actively exploring the integration of Ripple’s blockchain t…
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2 years agoBitcoin Price Could Reach $148,000 After Halving, Pantera Capital Predicts
American hedge fund Pantera Capital is bullish on Bitcoin (BTC), predicting that the leading token’s price may reach six figures in the near future. According to the “Blockchain Letter” issued by the crypto fund,…
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2 years agoUS Crypto Industry Criticizes Biden's Tax Reporting Rules
The Internal Revenue Services (IRS) recently proposed new rules for brokers to follow when selling and trading digital assets, in an effort to catch crypto users avoiding taxes. This has been met with criticism…
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2 years agoCNBC Drops Bitcoin Cash and Litecoin, Replaces with Solana
CNBC, one of the world’s largest cable news networks, has dropped Bitcoin Cash (BCH) and Litecoin (LTC) from its coverage and replaced them with Solana (SOL). The network will continue to cover news related to B…
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2 years agoRonaldinho Summoned to Testify in Alleged Cryptocurrency Scam Case
Ronaldinho, one of the greatest soccer players of all time, is being investigated by Brazilian authorities over allegations that he may have been involved in a cryptocurrency scam. The scheme, called…
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2 years agoCoinbase to List PayPal's New Stablecoin PYUSD
Coinbase has announced that it will be adding PayPal’s new stablecoin, PayPal USD (PYUSD), to its listing roadmap. The digital asset is designed to maintain a 1:1 peg with the US dollar and is built on Ethereum. P…
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2 years agoTop Cryptocurrencies for Long-Term Investment Potential
Bitcoin and Chainlink are two of the top cryptocurrencies with potential as long-term investments. Bitcoin, the world’s largest crypto by market cap, is seen as a safe-haven investment rather than a conventional c…
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2 years agoEthereum Price Remains Flat Amid Inaction from Buyers and Sellers
Ethereum’s price has been relatively flat in the last 24 hours, with a slight 11% drop in the past month. The Federal Reserve Chairman, Jerome Powell, has hinted at more interest rate hikes in the future, but t…
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2 years agoBitcoin Exchange Outflow of $300 Million Signals Shifting Investor Sentiment
Bitcoin’s market has seen unprecedented movements yesterday, with the fifth largest outflow of Bitcoin in 2023 amounting to nearly $300 million or 10,000 BTC. This withdrawal was facilitated by Bithumb, a leading g…
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2 years agoCryptocurrency Market Downtrend Appears to be Ending, JPMorgan Research Suggests
The cryptocurrency market appears to be recovering from its recent downtrend, according to JPMorgan’s latest research. Analysts for the American bank estimate that the liquidations of long positions are “…
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2 years agoTether Energy Set to Launch Bitcoin Mining Farm in Latin America
Tether Energy, the issuer of the world’s largest stablecoin USDT, is preparing to deploy their first Bitcoin mining rigs in Latin America. Chief technology officer Paulo Ardoino has confirmed that the site is “…
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2 years agoTreasury and IRS Propose New Tax Regulations for Digital Assets Industry
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed new tax regulations for the digital assets industry. The proposed regulations would require payment platforms, wallet…
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2 years agoCardano Poised to Challenge Cryptocurrency Giants Bitcoin and Ethereum
Charles Hoskinson, the founder of Cardano, recently made a bold prediction at the Rare Evo conference that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants,…