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Tether and Circle Stablecoin Purchases Dominate in Argentina
12.2.2024
Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation
Bitcoin Miner CleanSpark Purchases Four Mining Facilities, Set to Double Hash Rate
7.2.2024
Bitcoin miner CleanSpark announced in a February 6 press release that it had acquired four new mining facilities: three facilities in Mississippi and one facility in Dalton, Georgia. With these acquisitions, CleanSpark is set to double its hash rate in the first half of 2024, the company noted...
MetaMask Partners with Robinhood to Simplify Crypto Transactions
7.2.2024
MetaMask has collaborated with Robinhood to enable direct crypto purchases for users, according to a press release shared with Cryptonews on Feb.7. MetaMask’s developer Consensys and Robinhood Markets, Inc. have jointly facilitated the integration of Robinhood Connect with the MetaMask wallet. This...
Binance Survey: 73% of European Users Optimistic About Crypto’s Future
30.1.2024
A new Binance survey has found that 73% of European respondents are optimistic about the future of crypto, with 55% exclusively using cryptocurrencies for everyday purchases. “We are delighted to see the high level of optimism amongst European crypto users, reflecting the growing interest...
Eco’s Beam Wallet Developer Acquires Join for Integrated Amazon and Shopify Purchases
26.1.2024
Eco Inc., the crypto payments company behind the self-custody wallet Beam, announced its acquisition of Join, a shopping app that allows users to purchase stablecoins at major merchants like Amazon and Shopify. 1/ BIG NEWS: we’ve acquired @join to enable shopping online with stablecoins. It’s time...
Cathie Wood’s Ark Buys $64M of its Spot Bitcoin ETF Since Launch
23.1.2024
Famed money manager Cathie Wood’s investment firm bought an extra $21m of its bitcoin-based spot ETF on Monday, bringing its total purchases in the fund to around $64m. Ark Invest bought 523,541 shares of the Ark 21Shares Bitcoin ETF (ARKB) on Monday via its Ark Next Generation ETF (ARKW),...
BitPay Enables Gucci, Movie Ticket, and Mortgage Purchases with BNB, Chainlink
9.1.2024
Source: Kanchanara on Unsplash BitPay, the world’s leading Bitcoin and cryptocurrency payment service, has unveiled an enhanced payment experience for its crypto customers, which is set to roll out this week. According to a blog post released on January 9, Bitpay will support dozens of...
Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding
9.1.2024
The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards...
South Korea Proposes Ban on Credit Card Crypto Purchases
9.1.2024
Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten Crypto Regulations with Proposed Credit Card...
South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
4.1.2024
The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exchanges."
South Korea Proposes Ban on Crypto Purchases with Credit Cards
4.1.2024
Source: Pixabay / viarami South Korea’s Financial Services Commission (FSC) has announced a proposal to amend its Enforcement Decree of the Credit-Specialized Financial Business Act, aiming to ban crypto purchases with credit cards. The proposed amendment plans to restrict the use of credit...
Avalanche Foundation to Hop Onto the Meme Coin Train, Announces Investment in Selected Projects
1.1.2024
The Avalanche Foundation, an institution that funds avalanche initiatives, has recently announced that it will start investing in meme coins. These purchases will be made using funds from the $100 million Culture Catalyst fund launched in 2022, and the tokens will be selected based on their number...
GameSwift Introduces GS Pay To Bridge The Gap Between Web2 and Web3 Payments
19.12.2023
PRESS RELEASE. The GameSwift team is proud to introduce GS Pay, a revolutionary payment system and bank card that seamlessly converts in-game treasures into real money, unlocking a world where gaming fuels real-life purchases. As the gaming sector continues its exponential growth, the lines between...
Revolut Suspends Crypto Services for UK Business Clients Due to New FCA Rules
18.12.2023
Revolut has responded to the UK’s FCA crypto regulation changes by halting crypto purchases for Revolut Business users. Image by Armands photography, Adobe Stock. London-based digital bank Revolut announced on Monday that it will be suspending the ability for Revolut Business users...
Bitcoin Price Prediction as Bearish Trend Sends BTC Below $42,000 – Will BTC Keep Falling?
16.12.2023
Bitcoin (BTC), the pioneering cryptocurrency, currently faces a downtrend, slipping below the pivotal $42,000 mark, trading at $42,200 with over 1.50% decrease. This movement prompts questions about Bitcoin’s future trajectory and whether this bearish trend will persist. Amidst these...
China and Singapore Team Up to Allow Tourists to Spend Digital Yuan
10.12.2023
Singapore and China have teamed up on a pilot to allow tourists in both countries to spend China’s central bank digital currency, the digital yuan. “This will enhance convenience for travelers when making purchases during their overseas travel,” Singapore’s central bank...
Hong Kong Regulator Warns of 2 Entities Suspected of Crypto Frauds
9.12.2023
Hong Kong’s financial regulator has warned the public about two entities suspected of crypto frauds. In addition to issuing cease and desist letters to relevant website operators requesting them to cease offering crypto tokens for purchases, the regulator advises the public to “be...
MicroStrategy’s Michael Saylor is Now in Almost $2 Billion Profit From Bitcoin Holdings – Will He Sell?
4.12.2023
Business intelligence company MicroStrategy (MSTR) is nearly $2 billion in profit on its Bitcoin (BTC) holdings since it began investing in the digital asset over three years ago. The firm’s laser-eyed owner and founder, Michael Saylor, has publicly documented all of MicroStrategy’s BTC purchases...
Just In: Billionaire Michael Saylor Purchases a Further $593 Million in Bitcoin – Total Holdings Now Exceeding $5 Billion
30.11.2023
Michael Saylor, billionaire CEO of enterprise analytics firm MicroStrategy, has once again demonstrated his unwavering commitment to Bitcoin by purchasing an additional $593 million worth of the cryptocurrency. In a tweet posted on November 30, Saylor revealed that MicroStrategy acquired 16,130...
Economist Steve Hanke: US Dollar Weaponization Has Powered Record Central Bank Gold Purchases
28.11.2023
Steve Hanke, professor of applied economics at Johns Hopkins University, has discussed how U.S. policies have driven central bank gold purchases to record levels this year. In an interview, Hanke stated that these purchases were motivated by the weaponization of fiat currencies like the dollar...