Galaxy Digital founder Mike Novogratz has told investors that 2024 will be headlined by institutional adoption of cryptocurrencies, which will be driven by the pending approval of Bitcoin (BTC) spot exchange-traded funds (ETFs). During Galaxy Digital’s third-quarter earnings call on Nov. 9, Novogratz highlighted the firm’s belief that approving several ETFs “is now not a matter […]
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Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain.
Brazil’s President has signed a complete regulatory framework for crypto, regulating the use of bitcoin as payment. Brazilian President Jair Bolsonaro on Thursday morning signed a bill into law that establishes a complete regulatory framework for the trading and use of bitcoin in the country, according to the federal government’s official journal (DOU). President Bolsonaro
Thanks to a partnership between Senit and Reloadly, users of the Senit mobile application are now able to top-up mobile phones around the world with ease.
On stage at Solana Breakpoint today, Circle, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin, announced plans to expand native support of Euro Coin and access to their new permissionless cross-chain infrastructure, Cross-Chain Transfer Protocol, on Solana in the first half of 2023. The announcement marks the
ELIZABAETH GAIL | September 16, 2022 Economies around the world are facing a motley of challenges caused by rising inflation. High inflation devalues national currencies, which, in turn, pushes up the cost of living, especially in scenarios where earnings remain unchanged. In the United States, the government has responded aggressively to inflation. The nation hit a 9.1%
Arjun Kharpal | September 7, 2022 Bitcoin fell below $19,000 on Wednesday morning, at one point hitting its lowest level since June following a drop in stock markets globally and the continued strength of the U.S. dollar. The value of the entire cryptocurrency market also fell below $1 trillion as digital coins across the board saw a
EZRA REGUERRA | September 14, 2022 While global adoption slowed down because of the chilling winds brought about by the crypto winter, emerging markets seem to be on fire in terms of crypto adoption as they surpass higher-income countries in an index that measures adoption. In a report titled The 2022 Global Crypto Adoption Index, blockchain data
Ethereum set to cut its carbon emissions by 99% in a move that would shake up the cryptocurrency world
Amid the continuous noise about cryptocurrencies, it’s often hard to pick out what really matters. However this month, if all goes to plan, the energy-hungry digital sector will undergo its biggest shake-up in years. Ethereum, the world’s second largest cryptocurrency, is on Tuesday expected to start a technology changeover which, once complete, should cause its
arti July 11, 2022 Tether (USDT) has come under fire for being secretive about the assets in its reserve Tether (USDT) is having a hard time in the crypto world as the asset is losing the trader’s confidence. Ever since the liquidity crisis had made huge rounds in the recent past, stablecoin has witnessed a