ZeroSync and Blockstream Use Satellites to Enable Bitcoin Transactions Without Internet Access
Bitcoin transactions can now be sent and received without the need for an internet connection, thanks to the efforts of two innovative companies, ZeroSync and Blockstream. These companies have developed satellite networks that allow Bitcoin transactions to be transmitted via satellite signals, making it possible to send and receive Bitcoin even in areas with little […]
MicroStrategy Claims Minimal Exposure as Crypto.com, Coinbase, and Gemini Pause Transactions with Silvergate Bank
MicroStrategy, a major Bitcoin investor, has claimed minimal exposure to the recent disruption in banking services caused by Silvergate Bank’s closure of its National Automated Clearing House Association (NACHA) membership. This comes as other cryptocurrency exchanges, including Crypto.com, Coinbase, and Gemini, have announced temporary pauses on transactions involving Silvergate Bank. In a statement released […]
Kraken Suspends Automated Clearinghouse Deposits and Withdrawals Due to Silvergate’s Closure
Kraken, one of the largest cryptocurrency exchanges in the world, has announced the suspension of Automated Clearing House (ACH) deposits and withdrawals due to the recent closure of Silvergate Bank. Silvergate is a major banking partner for Kraken, providing the exchange with critical banking infrastructure for its ACH transfers. In a statement released on […]
Forecast of XRP Price as XRP Explodes Up 20% in 24 Hours
XRP, the cryptocurrency of the Ripple payment protocol, has seen a significant surge in price, rising by 20% in just 24 hours. The price jump has caught the attention of investors and analysts alike, with many predicting that the cryptocurrency could continue to rise in the coming days and weeks. As of the time […]
Trade Volumes for Bitcoin Continue to Move Positively
Bitcoin trading volumes are continuing to trend in the right direction, according to recent data. Despite the recent price fluctuations in the cryptocurrency market, trading volumes for Bitcoin have remained relatively stable, indicating continued interest and demand from investors. In the past week, Bitcoin trading volumes have reached an average of around $50 billion […]
El Salvador’s Bitcoin Bonds to Debut This Summer, According to the Bitfinex CTO
Bitfinex CTO, Paolo Ardoino, has announced that El Salvador’s much-anticipated Bitcoin bonds will launch this summer. The Central American nation made history last year when it became the first country to adopt Bitcoin as legal tender, and the issuance of Bitcoin bonds is seen as a major step towards the country’s goal of leveraging Bitcoin […]
Fed Rate Forecasts Shift as US Inflation Data May Take a Back Seat to Banking Turmoil
In a surprising turn of events, expectations for the Federal Reserve’s interest rate policy have flipped as US inflation data takes a backseat to the recent tumult in the banking sector. The turmoil in the banking industry has raised concerns about the stability of the financial system, prompting the Federal Reserve to consider a more […]
UK Regulatory Environment is Challenges Paysafe
Binance, one of the world’s largest cryptocurrency exchanges, has suffered another blow as its payments partner, Paysafe, announced that it will be ending its relationship with the exchange due to regulatory concerns in the UK. In a statement released on Monday, Paysafe cited the “increasingly complex regulatory environment” in the UK as the reason […]
Coinbase CEO Talks New Staking Service and Regulatory Challenges
San Francisco-based cryptocurrency exchange Coinbase’s CEO, Brian Armstrong, recently spoke about the company’s new staking service and its reactions to regulatory hurdles in an interview with CNBC. The staking service allows customers to earn interest on their cryptocurrency holdings, which is a growing trend in the industry. According to Armstrong, staking will be an […]
The USDC Backed to $0.99 as Traders Profit During Silicon Valley Bank Concerns
The USDC stablecoin has surged to $0.99 as traders gain profits amidst concerns over Silicon Valley Bank’s stability. USDC is a digital currency that is pegged to the US dollar, providing stability and predictability to its users. The recent surge in USDC’s value can be attributed to traders who have been taking advantage of […]
