Seychelles-based crypto exchange Bitget has made waves in the industry with its recent announcement of the launch of its cryptocurrency lending product. The newly introduced Crypto Loans service aims to revolutionize the lending landscape by providing users with a unique opportunity to stake coins with low demand in exchange for more liquid assets. Unlike traditional
Circle, the popular stablecoin provider, is setting its sights on the Asia Pacific (APAC) region, which accounted for a staggering 74% of US dollar trade invoicing from 1999 to 2019, according to estimates from the Federal Reserve (FED). In a recent blog post, Circle’s executives highlighted the potential role of their digital dollar, USDC, in
Blockchain technology has the potential to significantly revolutionize the world of payments, but according to Jorn Lambert, Mastercard’s chief digital officer, certain conditions must be met for this technology to achieve mainstream adoption. Lambert believes that in order for blockchain to go mainstream, there is a need for “financially-regulated applications” and “central bank-backed money.” Lambert
South Korea-based Delio is currently facing scrutiny from the country’s Financial Services Commission (FSC). The FSC is investigating this crypto lending firm for alleged fraud, embezzlement, and breach of trust. The investigation stems from Delio’s unilateral decision to suspend users’ deposits and withdrawals on June 14, which raised concerns among investors. The FSC is closely
Coinbase, the leading cryptocurrency exchange, aims to empower consumers and modernize the financial system through the adoption of blockchain technology. In a blog post by Yuga Cohler, a senior software engineer at Coinbase, the company highlights the shortcomings of the current direct deposit system in the US, known as Automated Clearing House (ACH). The traditional
Binance, one of the world’s largest cryptocurrency exchanges, has seen its spot trading volume decrease by nearly 70% during the second quarter of this year. This significant decline in trading activity can be attributed to several factors, including the reintroduction of fees for its most liquid Bitcoin (BTC) pairs. Previously, Binance offered zero-fee trading for
Bitcoin (BTC) struggled to break the $31,000 mark as it continued to hover below that level on July 3 during the Wall Street open. Market participants were eagerly awaiting a catalyst that would provide the much-needed momentum for bulls to take control. The price of BTC remained stagnant, with only modest attempts at breaching the
Bitcoin SV (BSV) has recently witnessed a significant surge in price, recording a remarkable 30% increase with a trading volume of $400 million. This surge has caught the attention of the market, leading to speculation about the involvement of large investors, commonly known as whales, in the cryptocurrency. In this article, we will analyze the
Litecoin (LTC) is experiencing a significant price surge, outperforming the broader cryptocurrency market. Traders are displaying a bullish outlook on Litecoin due to its upcoming block reward halving event scheduled for August. In anticipation of this event, the price of LTC has skyrocketed by approximately 8.3% on July 2, reaching $116, its highest level since
Son of Pepe Coin has caught the attention of investors and cryptocurrency enthusiasts with its extraordinary surge in the market. Gaining significant traction on DEXTools, this token has emerged as one of the top gainers in the cryptocurrency market today. Trading at approximately 0.0000000037580, the value of Son of Pepe Coin has skyrocketed, reflecting an