SINGAPORE, Sept. 12, 2024 /PRNewswire/ — Alchemy Pay, the world-leading fiat-crypto payment gateway, has announced its official support for the BNB ecosystem. With this support, Alchemy Pay’s On & Off- Ramp now supports popular tokens on BNB Chain, including its native token BNB and stablecoins like USDC and USDT. This integration highlights Alchemy Pay’s expanded support for the BNB ecosystem, facilitating seamless…
Bitcoin experienced a significant drop, falling to $56,000 amid a broader sell-off in the stock market led by Nvidia. The decline in Bitcoin’s value came as Nvidia (NASDAQ:NVDA) saw its shares plummet due to concerns over its future growth prospects and supply chain issues. The sell-off in Nvidia stocks created a ripple effect across the market, impacting various sectors and…
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune transaction expenses for certain activities or even gather unspent transaction […] Source: https://news.bitcoin.com/bitcoin-and-ethereum-fee-drop-the-perfect-time-for-cost-effective-transactions/
Hong Kong’s Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a comprehensive framework that mandates licensing and adherence to anti-money laundering (AML) and counter-terrorist financing regulations. This move, which includes joint supervision by the SFC and […] Source: https://news.bitcoin.com/hong-kong-sfc-seeks-industry-feedback-on-new-licensing-rules-for-otc-crypto-services/
In a continued effort to secure the release of Binance executive Tigran Gambaryan, a former U.S. law enforcement officer, the United States government has once again urged Nigerian authorities to free the imprisoned cryptocurrency executive, according to a report. Gambaryan, who has been detained in Nigeria since February 2024, faces mounting health concerns amid allegations of inadequate medical care. Secretary…
Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, the latest price analysis suggests. Source: https://cointelegraph.com/news/bitcoin-price-anxiety-stage-september-losses-silver-lining?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Consumer protection group Consumers’ Research released a report criticizing the lack of transparency around stablecoin issuer Tether’s U.S. dollar reserves and calling it a “disaster for consumers waiting to happen.” The report claims the main issue is Tether’s lack of a full audit from a reputable accounting firm of the dollar reserves backing USDT, its 1:1 U.S. dollar stablecoin. Tether…
It’s a golden era for Ethereum layer 2s. On-chain activity is exploding, and new innovations are releasing daily. Not least is the meme coin-focused Ethereum layer 2 Pepe Unchained ($PEPU), which has just cleared the $13 million total raised milestone at presale. This comes as Coinbase announced its new brainchild, cbBTC, a wrapped version of […] Source: https://news.bitcoin.com/meme-coin-layer-2-project-pepe-unchained-raises-13m-in-presale-next-crypto-to-explode/
MicroStrategy (NASDAQ: MSTR) purchased another 18,300 Bitcoin—worth just under $1.1 billion at the time of writing—between August 6 and September 12, the software firm’s founder and Chairman Michael Saylor announced Friday. The firm—which is famously bullish about Bitcoin and began accumulating the leading cryptocurrency in 2020—purchased the coins at an average price of approximately $60,408 per token, including fees and…
In recent trading sessions, various crypto stocks have shown signs of recovery as Bitcoin manages to trim some of its earlier losses. This follows a tumultuous period where the leading cryptocurrency had seen significant declines in value. Key players in the crypto industry, such as Marathon Digital Holdings (NASDAQ:MARA) and Riot Blockchain (NASDAQ:RIOT), have experienced notable rebounds. These companies, heavily…
