Bitcoin News / Bitcoin.com - 9 months ago
Tether, the USDT stablecoin issuer, has acquired 9.8% of Adecoagro, a Latin American-based agricultural giant. In a move described by Argentine media as surprising, the company invested $100 million to diversify its investments in the agricultural an...
Bitcoin News / Bitcoin.com - 9 months ago
Two managers from the now-defunct crypto fraudulent investment platform Omegapro were arrested in Istanbul, according to Turkish media reports. Dutch executive Robert Velghe was arrested Tuesday, following the July arrest of Swedish co-founder Andrea...
Bitcoin News / Bitcoin.com - 9 months ago
Rex took the stage at a memecoin-focused side event and surprised the audience with something rare in the memecoin world: thoughtful analysis. KOL Who Called PEPE, BRETT, and WOLF Talks Memecoin Strategy Rex was a speaker at a Memecoin-focused side e...
Bitcoin News / Bitcoin.com - 9 months ago
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming o...
Bitcoin News / Bitcoin.com - 9 months ago
Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President Kamala Harris would not prioritize this policy. While Harris supports parts of President Biden’s tax plan, Cuban em...
Bitcoin News / Bitcoin.com - 9 months ago
The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il,...
Bitcoin News / Bitcoin.com - 9 months ago
Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial and performance audit of the entire federal government....
Bitcoin News / Bitcoin.com - 9 months ago
A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest a...
Bitcoin News / Bitcoin.com - 9 months ago
Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden ad...
Bitcoin News / Bitcoin.com - 9 months ago
Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that...
Bitcoin News / Bitcoin.com - 9 months ago
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, w...
Bitcoin News / Bitcoin.com - 9 months ago
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access to Sonic’s Solana Virtual Machine (SVM) technology and a pote...
Bitcoin News / Bitcoin.com - 9 months ago
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a n...
Bitcoin News / Bitcoin.com - 9 months ago
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Marke...
Bitcoin News / Bitcoin.com - 9 months ago
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may dr...
Bitcoin News / Bitcoin.com - 9 months ago
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their...
Bitcoin News / Bitcoin.com - 9 months ago
Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse...
Bitcoin News / Bitcoin.com - 9 months ago
The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters m...
Bitcoin News / Bitcoin.com - 9 months ago
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking it to SWIFT to al...
Bitcoin News / Bitcoin.com - 9 months ago
According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Con...
Bitcoin News / Bitcoin.com - 9 months ago
Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia announced this initiative in June and is still cons...
Bitcoin News / Bitcoin.com - 9 months ago
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval...
Bitcoin News / Bitcoin.com - 9 months ago
Pavel Durov, founder and CEO of Telegram, made his first public statement after his arrest in Paris. He was questioned by French authorities for four days over claims that he could be held responsible for illegal activities of Telegram users. Durov e...
Bitcoin News / Bitcoin.com - 9 months ago
In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly $28,600 in stablecoins from a criminal organization that used cryptocurrency to launder millions of dollars. The criminals ob...