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Bitget Receives Bitcoin License in El Salvador, Securing Its Entrance Into Latam

Bitget Receives Bitcoin License in El Salvador, Securing Its Entrance Into LatamBitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally. This milestone allows the company to “offer services such as bitcoin-to-fiat currency exchanges, bitcoin payment facilitation, and secure bitcoin custody solutions for its clientele,” according to a […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Bitget Now Supports Bank Transfers in Vietnam via QR Codes

Bitget Now Supports Bank Transfers in Vietnam via QR CodesBitget has announced its integration of bank transfers in Vietnam through QR codes, making it the first exchange to adopt this payment method. This new feature allows users to deposit Vietnamese Dong (VND) and withdraw funds seamlessly, enhancing accessibility to the crypto market. By utilizing Viet QR, a standardized QR code system that enables secure […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British Users

Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British UsersBitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO

According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.

Telegram and the separate, decentralized Open Network have the potential to elevate the messaging platform into an all-encompassing application that includes social media, payments, finance, entertainment, gaming, and communication capabilities — much like China's popular WeChat app.

According to Gracy Chen, the CEO of exchange and wallet provider Bitget, Telegram's symbiotic relationship with the independent Open Network and its crypto trading features distinguishes the application from competitors and positions it for massive growth. The CEO told Cointelegraph:

The Bitget CEO also cited the meteoric adoption of Telegram in emerging market economies — particularly among young people in Africa as further evidence of the application's potential to become an everything app used by billions of individuals.

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Bank of Japan keeps interest rates unchanged for third straight meeting

Bitget wallet on Telegram hits 6 million users 3 days after launch

Bitget Wallet’s Telegram Mini App, Bitget Wallet Lite mini, has attracted more than six million users in just three days after its soft launch.

Bitget Wallet, a self-custodial cryptocurrency wallet operated by Bitget exchange, is gaining popularity on Telegram, where its Mini App attracted millions of users within days of launch.

On Oct. 31, Bitget Wallet announced the official launch of Bitget Wallet Lite, a multichain wallet integrated into Telegram, allowing users to buy, store and send crypto within the app.

The official launch comes three days after the Bitget Wallet Lite’s soft launch on Oct. 28, with six million users joining the Mini App on Telegram since.

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Bank of Japan keeps interest rates unchanged for third straight meeting

XRP may face volatility as market waits for ‘concrete results’ — Analyst

A crypto analyst opined that XRP’s price "is likely to fluctuate between $0.50 and $0.80" for the rest of 2024 with strong emphasis on regulatory developments.

The latest appeal by the United States regulator in its case against blockchain payments firm Ripple may further push market participants to adopt a more risk-off approach to XRP in the short term, according to a crypto analyst.

The comments come despite the recent filing not directly challenging the ruling that XRP is not a security. The appeal asked the court to review its decisions regarding Ripple’s XRP sales on exchanges and personal XRP sales by Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.

The legal uncertainty could widen XRP’s (XRP) price volatility, pushing the asset to potentially fluctuate within a range of nearly 50%, the analyst believes.

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Bank of Japan keeps interest rates unchanged for third straight meeting

Ethena to launch new stablecoin backed by BlackRock’s BUIDL

Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said.

Ethena Labs, developer of the decentralized stablecoin protocol Ethena, is working on a new stablecoin backed by a tokenized fund from BlackRock.

Ethena Labs took to X on Sept. 26 to announce its new stablecoin project, UStb (USTB), which will be built in partnership with major Bitcoin investor (BTC) BlackRock and the digital securities platform Securitize.

The stablecoin will be backed by BlackRock’s tokenized BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which offers a stable value of $1 per token.

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Bank of Japan keeps interest rates unchanged for third straight meeting

Bitget Reports 1,600% Surge in African Users

Bitget Reports 1,600% Surge in African UsersBitget has seen a significant increase in African users, driven by factors like copy trading popularity and the growth of the TON ecosystem. The exchange has focused on user education and accessibility to attract users in the region. Bitget Wallet has become a top-ranked app in Nigeria, surpassing popular platforms like Tiktok and Whatsapp. Copy […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business

Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business

Crypto exchange BitGet now has more than 45 million registered users worldwide as the platform’s global user count has surged by 400% since 2023. BitGet CEO Gracy Chen revealed the numbers as the platform marks its sixth year in business. This year alone, the exchange’s growth rate in Africa is up by 1,614%. BitGet’s userbase […]

The post Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business appeared first on The Daily Hodl.

Bank of Japan keeps interest rates unchanged for third straight meeting

Crypto Exchange Bitget Secures Multi-Million Dollar Partnership With La Liga

Crypto Exchange Bitget Secures Multi-Million Dollar Partnership With La LigaBitget, a leading cryptocurrency exchange, has announced a multi-million dollar partnership with La Liga, the popular Spanish football league. This deal establishes Bitget as the official crypto partner for La Liga across Eastern Asia, Southeast Asia, and Latin America. Bitget and La Liga Join Forces The collaboration was revealed at the Token2049 event in Singapore […]

Bank of Japan keeps interest rates unchanged for third straight meeting