The Eurozone is facing a financial crisis due to the excessive money printing by the European Central Bank (ECB) and the national central banks of member states. This has led to a total of EUR 8.828 trillion being injected into circulation, and a market-to-market loss of 700 billion euros in the past year. Germany has […]
Srettha Thavisin, the 61-year-old candidate of the Pheu Thai Party, was elected as the 30th Prime Minister of Thailand earlier this week. He received 482 votes out of a possible 747 and now needs the signature of King Maha Vajiralongkorn to officially step into office. Thavisin is a political newbie but not a crypto newbie, […]
Stablecoin adoption saw a surge in activity last year, with over $11 trillion in value settled and over 25 million blockchain addresses holding more than $1 in stablecoins. According to a report from European hedge fund manager Brevan Howard, the majority of non-speculative activity uses fiat-backed stablecoins such as USDT, USDC, BUSD, and TUSD.The report […]
Borroe is a revolutionary platform that combines AI technology with an NFT marketplace, designed to revolutionize the funding industry. The demand for its native token, $ROE, has reached unprecedented heights, attracting the attention of not just individual investors but also financial institutions.Borroe introduces a novel way for businesses to secure funding by converting their future […]
Western Union, a global money transfer powerhouse, has announced its venture into the cryptocurrency realm. CEO Hikmet Ersek revealed that the company is actively exploring the integration of Ripple’s blockchain technology and its native digital asset, XRP. Ripple has confirmed a longstanding collaboration with Western Union, stating that the company has been “engaged in testing […]
American hedge fund Pantera Capital is bullish on Bitcoin (BTC), predicting that the leading token’s price may reach six figures in the near future. According to the “Blockchain Letter” issued by the crypto fund, which boasts of $3.5 billion worth of Assets Under Management (AUM), to investors, Bitcoin could reach as high as $147,843 per […]
The Internal Revenue Services (IRS) recently proposed new rules for brokers to follow when selling and trading digital assets, in an effort to catch crypto users avoiding taxes. This has been met with criticism from prominent crypto commentators, who believe that the stringent rules will push the crypto industry away from the United States.Messari CEO […]
CNBC, one of the world’s largest cable news networks, has dropped Bitcoin Cash (BCH) and Litecoin (LTC) from its coverage and replaced them with Solana (SOL). The network will continue to cover news related to Bitcoin and Ethereum, two of the world’s most valuable crypto platforms.It is unclear why CNBC dropped BCH and LTC, but […]
Ronaldinho, one of the greatest soccer players of all time, is being investigated by Brazilian authorities over allegations that he may have been involved in a cryptocurrency scam. The scheme, called “18kRonaldinho”, promised investors generous returns of 2% per day if they invested at least $30 in digital currencies. Ronaldinho was an ambassador for the […]
Coinbase has announced that it will be adding PayPal’s new stablecoin, PayPal USD (PYUSD), to its listing roadmap. The digital asset is designed to maintain a 1:1 peg with the US dollar and is built on Ethereum. PayPal customers can buy and sell PYUSD through the PayPal app and website and convert it to other […]
