The stablecoin of Ripple, Ripple USD (RLUSD), the company behind the XRP cryptocurrency, will be launched “in weeks,” said Brad Garlinghouse, CEO of this company. That statement from Garlinghouse was reported by CriptoNoticias on September 9, 2024, so the arrival of RLUSD to the cryptocurrency market would be increasingly closer. 1:1 parity of the RLUSD … Read more
Russia’s Ministry of Industry and Trade has suggested a two-year transition period for the retail sector to adapt to the implementation of the digital ruble, the central bank digital currency or CBDC that is under development in that country. This proposal arises from a draft law presented by the Financial Market Committee of the State … Read more
The bank estimates the number of Bolivian cryptocurrency users at 252,000. Cryptoasset purchase and sale operations increased by 112%, says the bank. The Central Bank of Bolivia (BCB) reported this week about the significant increase in the use of cryptocurrencies in the country. According to the report, more than 252,000 people own virtual assets in … Read more
Bitcoin (BTC), the first digital currency, could reach new all-time highs in 2025, according to predictions on decentralized betting platforms. The investors Millions bet and odds lean towards significant bitcoin price growth. On decentralized betting platform Kalshi, bitcoin price predictions are grabbing users’ attention, according to analysts. data that returns. A bet titled “How high … Read more
“Justin’s knowledge and experience will be instrumental,” the team says. Sun announced the investment of $30 million in Trump’s DeFi platform. Justin Sun, founder of Tron, bought influence in the cryptocurrency project launched by US President-elect Donald Trump. The investor and businessman was announced as the new advisor to World Liberty Financial (WLF). According to … Read more
This has been the largest bitcoin sell-off since last April. According to CryptoQuant, bitcoin could have a big price rally in mid-December. The bitcoin (BTC) market experienced a shock when more than 728,000 units of the digital currency were sold, dragging its price from an all-time high near $100,000 to $90,000. This sell-off, led by … Read more
Users who hold EURT have one year to redeem their funds. The decision aligns with the MiCA Law, which regulates stablecoins in the EU. Tether, the company behind the world’s largest stablecoin, USDT, announced that it has suspended support for EURT, its euro-based stablecoin. In a release published this Wednesday, November 27, they reported that … Read more
The branches were located in Quiito, the capital of Ecuador. The authorities carried out inspections and detected irregularities. In Quito, the capital of Ecuador, two branches of Worldcoin, a project dedicated to scanning people’s eyes in exchange for cryptocurrencies, were closed by the authorities. The joint operation involved the National Police, the Control Agent Corps, … Read more
In an unprecedented achievement, the Pantera Bitcoin Fund, founded by investment firm Pantera Capital, has achieved a return of 131.165% after expenses and fees, demonstrating the impressive potential of bitcoin as a financial asset. Pantera Bitcoin Fund began its journey in July 2013, at a time when the price of bitcoin was below $100, notes … Read more
USDC seeks to be a strong competitor against USDT, which dominates the market. Galaxy anticipates that this could be a new standard for stablecoins. Coinbase, the world’s second-largest bitcoin (BTC) and cryptocurrency exchange, announced that Coinbase Wallet users can earn a base annual yield (APY) of 4.7% on their USDC holdings. According to a press … Read more