Crypto News in 60 Seconds
November 9, 2022
Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in […]
November 8, 2022
The entire Bitcoin downtrend is due to macroeconomic pressures in the United States. Since the fall in December 2021, there have been many sell-off patterns in bitcoin. The drop in prices of the digital asset over the previous several months has been attributed to these sell-offs. Naturally, sell-off patterns may be measured in terms […]
November 4, 2022
Inflows to Bitcoin and Ethereum Exchanges Suggest Sell-Offs Aren’t Over The UST crisis spurred a wave of market sell-offs, with Bitcoin and Ethereum at the forefront. Sellers have continued to dominate the market since then, and even though buyers have made major movements, it remains a seller’s market. With the start of the new week, […]
November 2, 2022
First steps are being taken in Colombia to regulate cryptocurrency exchanges. The Colombian Congress has taken the first steps toward bringing clarity to this issue by passing a measure that governs the conduct of bitcoin exchanges in the nation during its first discussion. A member of the Green Party and one of the bill’s […]
November 1, 2022
Bitcoin of America increases ATMs across the U.S. by more than 30% Virtual currency exchange company Bitcoin of America has increased its number of ATMs by more than 30% since May. Bitcoin of America had nearly 1,800 Bitcoin ATMs in March. In two months, this number increased to more than 2,500 BTMs in more than […]
October 31, 2022
Stablecoins and Defi need to be regulated immediately, and the ECB won’t rule out a ban on bitcoin mining. A new European Central Bank (ECB) report, called “a deep dive into crypto financial risks,” calls for “proper” regulation and oversight of stable currencies and decentralized finance (challenge). It also addresses the hot topic of […]
Russian Blockchain as SWIFT Replacement to Prevent Bank and Nation Disconnection A Russian university is ready to test a blockchain-based equivalent to SWIFT, the global payment messaging network that has been shut down by Russian banks under Western sanctions. The developers say their system does not allow the disconnection of countries and banks. Russian developers […]
October 30, 2022
A Look Inside MicroStrategy’s $2.4 Billion Bitcoin Purchase Loan With its multiple substantial purchases, software firm MicroStrategy has secured its place as a key Bitcoin player. The firm, which is worth $1 billion, placed a large amount of its own money into buying bitcoin, but the rest of the money came from loans. Convertible […]
October 28, 2022
According to the CBDC Tracker, 105 countries are investigating central bank digital currencies. 105 nations are now investigating central bank digital currencies (CBDCs). 50 of them are in an advanced stage of investigating digital currencies (development, pilot, or launch). The Central Bank Digital Currency (CBDC) Tracker has received a significant update from the Geoeconomic […]
October 27, 2022
What’s Next for Bitcoin After One Month Of Negative Funding Rates? Bitcoin fund rates fell below neutral last month. Prior to that, fund rates fluctuated below neutral for a long time. As digital asset prices continue to struggle, this new trend has lasted longer than expected. In this report, we will look at the state […]
October 25, 2022
According to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president pressed the Saudis for more oil production, […]
British lawmakers have voted in the House of Commons to recognize cryptocurrencies as regulated financial instruments in the country. The motion, introduced by representative Andrew Griffiths, was approved by the House of Commons after its second reading on 25 October. The Griffith move seeks to include crypto assets in services regulated by the Financial Services […]
