Crypto Remittances Grow In El Salvador Reaching 1% Share

December 24, 2024 Bitcoin.com

bitcoin.com

The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and August, but still account for just 1% of all the volumes transferred to Salvadorans from abroad. One […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Hex Founder Richard Heart Included in Europol’s Most Wanted List

December 22, 2024 Bitcoin.com

bitcoin.com

Richard Shueler, also known as Richard Heart, the founder of Hex, Pulsechain, and Pulsex, has been included in Europol’s most wanted criminals list. Shueler’s profile is listed as wanted in Finland for fraud crimes. According to the institution, Shueler “failed to file business tax returns for the tax multiple years and also failed to complete […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Binance Global Survey Hot Topics: Regulation, AI Supremacy, and a Young Market

December 20, 2024 Bitcoin.com

Binance survey

The most recent global crypto survey organized by Binance has offered insight into the current state of the market. The survey, which polled nearly 28,000 users, shows that 23.89% believe that artificial intelligence (AI) tokens will gain traction and lead the market this upcoming year. Nearly 20% of the responders expect governments to enact more […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

‘Pharma Bro’ Martin Shkreli Doubles Down on Shorting Microstrategy

December 19, 2024 Bitcoin.com

bitcoin.com

Martin Shkreli, also known as “Pharma Bro,” has doubled down on his position of shorting Microstrategy, the public company that owns the most bitcoin. Answering a social media post criticizing his pessimistic stance on Microstrategy and bitcoin, and asking if this was the right call to make, Shkreli replied it absolutely was. In a recent […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Argentina to Patrol Cyberspace in the Hunt for Crypto Criminals

December 17, 2024 Bitcoin.com

Argentina

A recent resolution issued by the Security Ministry of Argentina has added crypto crimes to the set of activities that will be tracked and surveilled by police forces. Resolution 1330/2024 states that the federal security forces will develop countermeasures to fight crimes of “unauthorized financial intermediation through the use of cryptoassets,” to prevent them from […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

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

December 17, 2024 Bitcoin.com

bitcoin.com

Bitget, 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 […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Ether and Solana Grow in Brazilian Markets

December 15, 2024 Bitcoin.com

bitcoin.com

According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether’s utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year’s October numbers, when it scored 600,000 transactions and transferred nearly $40 million. Solana also exploded, […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Solana Overtakes Ethereum as the Chain With Most New Developers in 2024

December 13, 2024 Bitcoin.com

bitcoin.com

A recent report by Electric Capital found that Solana became the ecosystem that attracted the most new developers in 2024, overtaking Ethereum. The report calculated that 7,525 developers joined the Solana ecosystem this year, while Ethereum registered 6,456 during the same period. Solana grew its developer base by 83% year-over-year, while Ethereum lost 22%. The […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Ethereum’s Buterin Acknowledges Argentine Peso’s Comeback

December 13, 2024 Bitcoin.com

Argentine Peso

Ethereum founder Vitalik Buterin has acknowledged the performance of the Argentine fiat currency, the peso. On social media, Buterin stated that the Argentine peso to U.S. dollar exchange rate was exactly the same as it was one year ago. Praising Argentine President Milei’s achievements during his first year in office, Buterin declared: “Quite an impressive […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Brazilian Central Bank May Withdraw Provisions Banning Stablecoin Self-Custody

December 10, 2024 Bitcoin.com

bitcoin.com

The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions were put in place to bring stablecoin transactions to light, […]

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