WalletConnect to launch native token alongside airdrop of 185 million units

WalletConnect announced the launch of its token native, WCT, and reported that the utility of this cryptocurrency will be the payment of network fees, as well as the distribution of rewards staking and governance. Additionally, the company announced that it will make a airdrop of 185 million WCT. The WCT cryptocurrency will be based on … Read more

USDC arrives in Brazil and Mexico via local bank transfers

Circle announced today that its stablecoin, USD Coin (USDC), is now available in Brazil and Mexico through the national real-time payment systems, PIX and SPEI, respectively. This integration allows direct access to USDC using local currency, reals in Brazil and pesos in Mexico, without the need to first convert to US dollars. According to the … Read more

“A 25-point cut in interest rates will tighten market conditions”

The US Federal Reserve (Fed) is at a critical point. The decision on the adjustment of interest rates, scheduled for September 18, has sparked intense debate among economists. Neil Dutta, head of economics at Renaissance Macro, argues that a cut of just 25 basis points in interest rates could have adverse consequences. “Unless something changes, … Read more

BlackRock’s Bitcoin ETF breaks 3-week losing streak

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded inflows of more than $12 million and have seen capital inflows for three consecutive days. The big news of the day is that BlackRock’s iShares Bitcoin Trust (IBIT), the world’s largest ETF, reported money coming in again after three weeksThe last time was on August … Read more

Ledger enables Exodus feature for cryptocurrency exchange

Key facts: The XO Swap exchange service, developed by Exodus, is available on Ledger Live. According to Exodus, the integration with Ledger seeks to give users control. Ledger has integrated the XO Swap feature, developed by cryptocurrency services company Exodus, into its Ledger Live platform. This integration allows users to exchange cryptocurrencies directly from their … Read more

Interest rate cuts will not be as expected by the market

Key facts: Markets are pricing in cuts like those in past recessions, the agency says. Analysts are predicting a rate cut of just 25 basis points. BlackRock Investment Institute has issued a note stating that the US Federal Reserve (FED) will not follow market expectations regarding interest rate cuts. Although markets are pricing in deep … Read more

Increase the speed of sending bitcoin using Coldcard wallet

Coinkite, the wallet manufacturer bitcoin-only Coldcard recently announced that it has carried out an update to its firmware for the Mk4 model and the Q model. Among other improvements, Coinkite wallets increased the signature speed for sending bitcoin by 15% on average compared to the previous version of the firmware. According to Coinkite: “The improvement … Read more

Bhutan holds more than twice as much bitcoin as El Salvador

Key facts: To date, El Salvador holds about 5,800 BTC. Bhutan acquired more than 8,000 bitcoin in a matter of a year. Bhutan, a town near the Himalayas, has accumulated more than 13,000 bitcoin (BTC) over the past three years. The sum, disclosed by the analysis firm Arkham Intelligence, is more than double the amount … Read more

Due to the closure of a Bitcoin mining company, this town will pay 20% more for electricity

Key facts: After three years, KryptoVault closed its facilities in the town of Stokmarknes, Norway. The BTC mining center had an annual consumption similar to that of 3,200 households in this region. Following the closure of a bitcoin (BTC) mining facility in a town in Norway, Citizens will pay 20% more in electricity ratesThis is … Read more

Ethereum would benefit from US interest rate cuts

Key facts: DeFi returns could top 5%, says Bernstein. The interest rate cut could be 0.25% or 0.50%. With a potential interest rate cut by the US Federal Reserve (Fed) on the horizon, Ethereum could stand to gain from this economic adjustment. In this case, decentralized finance (DeFi), where the Ethereum network leads the way, … Read more