Tesla CEO Elon Musk has an on-again-off-again relationship with cryptocurrency. This week, he seems favorably inclined towards Bitcoin, announcing that he sees “some merit” in it and unspecified other cryptocurrencies, and reiterating his enthusiasm for the dog-themed meme coin Dogecoin. Speaking at an X Takeover event, Musk said that, “I do think there’s some merit in Bitcoin and maybe some…
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard. Source: https://cointelegraph.com/news/tether-dominates-113b-post-svb-collapse-intotheblock?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia will legalize cryptocurrencies for international settlements if a new bill is passed by lawmakers later today. The country’s economy has struggled with international transfers since the outbreak of the war in Ukraine in January 2022. Sanctions by Western financial institutions can make it difficult for Russian companies to complete transactions—even with trading partners like China, India or Turkey. Anatoly…
Four men have been arrested in the Ukraine capital, Kyiv, on suspicion of kidnapping, robbing, and murdering a 29-year-old after forcing him to transfer Bitcoin worth approximately $170,000. Ukraine is still very much embroiled in a war with Russia, which has left its citizens stuck in turbulent times. According to Online.ua, an independent Ukrainian publication, the average salary in Kyiv…
Trust Wallet’s collaboration with The Open Network aims to leverage Telegram’s user base to enhance GameFi and DApps integration, promising seamless TON token transactions. Source: https://cointelegraph.com/news/trust-wallet-partners-ton-blockchain-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-naira to its perceived lack of significant benefits compared to the traditional naira. E-Naira Adoption Lags Despite […] Source: https://news.bitcoin.com/nigerian-cbdc-adoption-lags-makes-up-less-than-1-of-currency-in-use/
Despite receiving over $4 billion worth of Bitcoin, which has appreciated by over 8,500% in the 10 years since Mt. Gox collapsed, the exchange’s creditors continue to hold their assets. Source: https://cointelegraph.com/news/mt-gox-creditors-hold-41-percent-bitcoin-distribution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP’s monthly volatility has plunged to its lowest levels ever, approaching the range that preceded the 60,000% price surge in 2017-2018. Source: https://cointelegraph.com/news/xrp-another-60-000-price-surge-on-the-horizon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin.com will soon launch V-Card, enabling anyone to spend their cryptocurrency, just like cash, anywhere Mastercard® is accepted. The waitlist for the V-Card is now open at verse.bitcoin.com/card, and early sign-ups have the chance to win a free V-Card (€75 value). “Self-custody holders of Bitcoin and other cryptocurrencies via the Bitcoin.com Wallet app will now […] Source: https://news.bitcoin.com/bitcoin-coms-v-card-nearing-launch/
We’re thrilled to announce that Layer3 (L3) is now available on Kraken! Funding and trading L3 trading will be live as of 10:00 AM UTC today, July 30, 2024. To add $L3 to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into the networks supported by Kraken. Deposits…
