Bitcoin’s New All-Time High (What This Means for Investors)
As of March of 2024, Bitcoin has reached a new all-time high of $73,835.57 per Bitcoin. With the halving fast approaching, many investors are wondering what this means for the future of Bitcoin and how they can take advantage of this unprecedented growth. Why Reaching A New All-Time High Matters When Bitcoin first came into […]
US Treasury Targets Russian Blockchain Firms Aiding Sanctions Evasion
The US Treasury Department is tightening its grip on Russia’s financial activities by targeting 13 companies and 2 individuals linked to the blockchain and virtual currency sectors. These entities are accused of aiding Russia in evading sanctions imposed following the invasion of Ukraine. The move, announced by the Office of Foreign Assets Control (OFAC), aims […]
South American Gold Miner Nilam Resources Set to Acquire 24,800 Bitcoin Amid Growing Crypto Adoption
South American gold miner Nilam Resources is diving headfirst into the world of cryptocurrency. The company announced plans to acquire a staggering 24,800 Bitcoin, valued at roughly $1.7 billion based on current market prices . This significant investment marks a major shift for Nilam, traditionally focused on gold mining in Peru. The company has signed […]
Will Bitcoin Become The Ultimate Form of Collateral?
What’s a common strategy that wealthy individuals deploy to remove the need to sell their assets for cash? Using these assets as collateral. Collateral is a valuable asset that is used to secure a loan or other financial transaction, providing lenders with security in case the borrower defaults. This practice has been around for centuries […]
Figure Raises $60M to Forge a ‘Unique’ Path in Crypto Exchange Development
Figure, a prominent player in the fintech and blockchain sector, has successfully secured a hefty $60 million in funding aimed at propelling its vision of creating a distinctive cryptocurrency exchange. The funding round, led by prominent investors, underscores a growing confidence in Figure’s ambitious plans to disrupt the traditional landscape of cryptocurrency exchanges. With this […]
Is Crypto The Answer To Financial Inclusion?
You’re probably familiar with cryptocurrency, such as Bitcoin and Ethereum, but have you ever considered its potential impact on financial inclusion? Although first-world countries have access to advanced financial systems, many developing countries still struggle with traditional banking and financial services. Crypto may hold the key to unlocking financial inclusion for millions of people worldwide. […]
Crypto.com CEO Kris Marszalek Regards Bitcoin Price Correction as Encouraging Indicator
Bitcoin’s recent price correction has stirred debates and speculation in the volatile landscape of cryptocurrency. However, amidst the flux, Kris Marszalek, the CEO of Crypto.com, offers a refreshing perspective. Rather than viewing the dip as a cause for concern, Marszalek sees it as a positive signal for the market. Bitcoin, the pioneer cryptocurrency, experienced a […]
Bitcoin Price Predictions Skyrocket to $72,000 as Federal Reserve Rate Cut Expectations Rise Alongside Trump’s Backing
Bitcoin, the flagship cryptocurrency, is once again grabbing headlines as price predictions soar to unprecedented heights, reaching a staggering $72,000. This surge in price speculation comes on the heels of mounting expectations for a Federal Reserve interest rate cut and vocal support from former President Donald Trump. The cryptocurrency market has been abuzz with anticipation […]
Addressing Cross-Border Payment Challenges with Blockchain Technology
The promise of blockchain technology has long been hailed as the solution for many cross-border payment challenges. With its ability to create a secure, decentralized network that enables faster and more cost-effective transactions, it’s no wonder that many financial institutions and businesses are turning to this innovative technology. But there’s an elephant in the room […]
VanEck Announces Zero Fees for Bitcoin ETF, Paving the Way for Mass Adoption
VanEck, a prominent investment management firm, has declared a groundbreaking decision to eliminate fees for its Bitcoin exchange-traded fund (ETF) in a significant move for the cryptocurrency industry. This marks a pivotal moment in the evolution of digital asset investment, potentially opening doors for a surge in mainstream adoption. VanEck’s decision to slash fees to […]
