Month: October 2024

A South American nation is traversing the path toward becoming a champion in cryptocurrency in the region. Bolivians now have the opportunity to invest in digital currency as one of the country’s leading financial institutions introduced a custody service dedicated to Tether’s stablecoin, USDT. Bolivia Adopts Crypto Bolivia, a...

President Joe Biden praised Nigerian President Bola Tinubu‘s leadership for his instrumental role in ensuring the release of Binance (CRYPTO: BNB) executive Tigran Gambaryan. What Happened: President Biden had a call with President Tinubu on Tuesday, according to a statement from the White House. Biden appreciated Tinubu’s efforts in securing...

The Royal Government of Bhutan has transferred approximately 929 Bitcoin (BTC), valued at around $66.16 million, to the crypto exchange Binance. On-chain data service Lookonchain first reported the transaction via X. The transfers occurred in two tranches: an initial 100 BTC (approximately $7.1 million) at 9:09 am UTC, followed...

Bhutan transferred millions worth of state-owned Bitcoin (CRYPTO: BTC) to Binance after a four-month hiatus, sparking speculations of profit-taking as the top cryptocurrency surged toward all-time highs. What Happened: On Tuesday, on-chain analytics firm … Full story available on Benzinga.com...

Paxos CEO Charles Cascarilla recently issued a letter to both Republican and Democratic candidates Donald Trump and Kamala Harris, highlighting the critical role the next presidential administration will play in determining America’s position in the crypto and global financial landscape. Paxos CEO Advocates Modern Financial Infrastructure Cascarilla articulated that...

Shytoshi Kusama, the mysterious lead of the Shiba Inu (CRYPTO: SHIB) ecosystem, highlighted the coin’s impressive growth since its launch and the work ahead to gain further recognition. What Happened: On Tuesday, Kusama took to X to talk about the SHIB’s lifetime growth, which stood at a staggering 33,774,726.7%...

Renowned economist Peter Schiff questioned the soaring market capitalization of Bitcoin (CRYPTO: BTC) proxy company MicroStrategy Inc. (NASDAQ:MSTR) compared to gold mining companies. What Happened: In a recent X post, Schiff pointed out that MicroStrategy, despite not earning or producing much, has a market valuation exceeding all gold mining...

Crusoe Energy, a data center startup, has secured a $500 million equity investment led by Peter Thiel‘s Founders Fund to expand its artificial intelligence infrastructure. What Happened: The investment round values Crusoe at approximately $3 billion, more than double its valuation two years ago, reported the Financial Times on...

Digitalization is the way forward, and the European Central Bank has found the key: a digital Euro. In development since 2021, the planned digital Euro will help fast-track the region’s shift towards safer and more convenient online payments. Like cash, the ECB envisions its digital currency as widely accessible,...

Bitcoin pulled back from near-new highs Tuesday, while stocks rallied on Alphabet Inc.’s (NASDAQ:GOOGL) better-than-expected third-quarter earnings. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +3.66% $72,287.07 Ethereum (CRYPTO: ETH)                +2.31% $2,625.49 Dogecoin (CRYPTO: DOGE)           +7.15% $0.1757 What Happened: The world’s largest cryptocurrency was within...