The native asset of crypto exchange Bitget (BGB) is closing in on a market cap of nearly $8 billion after the token surprisingly sparked an 844% rally in 2024. According to current data, BGB is trading for $5.64 at time of writing, a 15% increase during the last 24 hours. BGB launched in 2021 and […]
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Actorforth.org has launched a Flipstarter campaign to raise 30 bitcoin cash (BCH) to keep its rest.bch.actorforth.org API service operational. Actorforth Launches Campaign to Prevent BCH API Shutdown According to the Flipstarter fundraising proposal, the API, which has supported the bitcoin cash (BCH) community since 2021, faces closure on Dec. 31, 2024, without additional funding. The […]
The dream of a peer-to-peer electronic cash network has been realized… but with centralized stablecoins based on USD, dammit.
Down the road from Piccadilly Circus and up Shaftesbury Avenue, The Century Club in London is one of the private members clubs that are dotted around Soho and the rest of the UKs capital.
For many, they are an outdated tradition of this most ancient of cities, a status symbol of privilege and an elite that was based on colonialism and slavery. For others, they are an intelligent place to do business away from the disruption of co-working spaces and noisy offices.
Traditionally slow to be innovative, it was refreshing to see last month that the Century Club has installed BTC terminals so members and their guests can settle their bills with cryptocurrency.
Founded this century in 2001 for the creative industry, the club has engaged payment provider Musquet to provide the terminals, and they have already proved popular with members, many of whom are of the demographic that has invested in cryptocurrency.
The Finance Minister of Russia has reportedly confirmed that many companies in the country are now using Bitcoin (BTC) to engage in foreign trade and skirt Western sanctions. Reuters reports that the Russian government has recently taken legislative measures to legalize the mining of the crypto king and other crypto assets, helping firms find ways […]
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Ethereum NFT collections surged, driving weekly sales volumes above $300 million.
In this week’s newsletter, read about how Ethereum-based non-fungible tokens (NFTs) drove weekly sales volumes to more than $300 million as collections like Pudgy Penguins and Azuki surged. Meanwhile, two 23-year-olds were accused of performing a series of rug pulls using NFT projects and other digital assets. Also, check out Cointelegraph’s NFT recap 2024 to review the year’s trials and major events in the NFT space.
NFT collections based on Ethereum drove weekly sales volumes to over $300 million as NFTs surged in December. In the week leading to Dec. 21, Ethereum NFT collections like Pudgy Penguins, LilPudgys, Azuki, Doodles and CryptoPunks dominated the NFT sales charts.
Because of the sudden volume surge driven by Ethereum-based digital collections, NFT sales in December reached $678 million in just 21 days. December’s sales surpass the previous month’s record of $562 million. At the time of writing, NFTs had reached a sales volume of $771 million in December.
Real-world asset tokenization could become a multitrillion-dollar industry by 2030, according to Boston Consulting Group.
Solana-based real-world asset (RWA) platform Agridex has facilitated its first onchain coffee trade, a move it said could open the door to more cost-effective agricultural commodity transactions.
The transaction was executed by Tiki Tonga Coffee, a United Kingdom-based coffee brand, which exported premium coffee from its home country to South Africa. The payment was made in South African rands and settled in British pounds using the Agridex blockchain.
Tiki Tonga claims the transaction only carried a 0.5% transaction fee, which is a fraction of the 5%–7% fee on typical cross-border transactions involving agricultural commodities. The settlement was also instant, versus the typical five-to-12-day turnaround times using traditional systems.
Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.
Russia has been actively experimenting with digital financial assets (DFAs) in foreign trade in line with the country’s legislation, according to a senior government official.
Russian Finance Minister Anton Siluanov discussed US dollar alternatives for international trade in an interview on the state-owned news channel Russia-24 on Dec. 25.
Siluanov said the Russian government has passed legislation authorizing foreign trades in DFAs and Bitcoin (BTC).
Crypto markets are booming and the sector is expanding as institutional adoption grows. Several women have been critical in reaching this milestone.
Crypto markets are firmly in a bull cycle, fueled by growing institutional adoption and bullish sentiment in the United States. Once seen as a fringe asset, Bitcoin (BTC) is now being embraced by major financial players.
Women have been central to this shift, leading startups, shaping policy, creating educational content, crafting research reports and more, helping drive the mainstream adoption of cryptocurrencies.
Crypto has long been a male-dominated industry, given its roots in tech and finance — fields traditionally led by men. However, the novel sector represents a fresh and innovative evolution of these industries. Crypto is now drawing more women, offering a unique chance to address the gender imbalance in tech and finance.
New meme coin index project Meme Index ($MEMEX) has launched its highly anticipated ICO, raising over $410,000 within the first few days. 2024 has been a strong year for meme coins – reaching a collective market cap of $137 billion, a 58% increase from $86.5 billion in 2023. Unlike utility tokens or DeFi projects, meme […]
The Singapore-based digital asset exchange giant Crypto.com plans to offer custody services for high-net-worth individuals and institutions in the US and Canada. This week, the exchange announced the launch of a US trust company to enable the new services. Crypto.com also plans to shift all US and Canadian customer digital assets to the new trust […]
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