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Donald Trump’s promise to champion cryptocurrencies sparks market euphoria, but the volatile assets remain far from replacing fiat currencies. Bitcoin and cryptocurrencies recently enjoyed a significant but temporary boost following Donald Trump’s victory in the US presidential election. Trump’s promise to make America the Bitcoin and cryptocurrency capital of the world signals a potentially relaxed […]

With Donald Trump’s inauguration a month away, cryptocurrency analysts are sounding the alarm on potential conflicts with his administration and the industry he has embraced. Trump and his sons helped launch World Liberty Financial, a decentralized crypto platform co-founded by Steve Witkoff, a real estate developer and inauguration committee co-chair who Trump has named special Middle East envoy. The […]

As more people become aware of the negative environmental impacts of advancements in technology, certain industries and businesses are looking to pivot and remake their images in the name of the green transition. In the cryptocurrency world, Ethereum in 2022 changed its modus operandi from proof of work to proof of stake — and reduced […]

Wirex added two new stablecoins to its digital payments platform. The integration of the VNX Euro (VEUR) and VNX Swiss Franc (VCHF) coins allows users to spend these currencies directly through their Wirex cards, the United Kingdom-based company said in a Monday (Dec. 23) press release. “This addition allows our users to effortlessly spend stablecoins […]

Crypto.com has introduced what it calls the first-ever sports event trading product. The new offering, dubbed “Sports” and announced Monday (Dec. 23) in an email to PYMNTS, lets American users of Crypto.com and the Crypto.com app nationwide to take part in and trade their own prediction on the outcome of sporting events, including the Super […]

What’s New Haliey Welch, the “Hawk Tuah Girl,” is trying to portray herself as a victim in the crash of a cryptocurrency she promoted, a former federal prosecutor said. Scott Armstrong was reacting to online comments by Welch, an internet personality, after the crash of the Hawk Tuah memecoin, which lost more than 95 percent […]

If you’re an Ethereum (ETH 0.08%) investor, the good news is that the world’s second-largest cryptocurrency is up an impressive 50% for the year. Ethereum recently broke through the $4,000 price level and, even with a recent pullback, is within striking distance of regaining its all-time high of $4,891 from November 2021. The bad news, […]

“The trend toward cryptocurrency adoption among small businesses shows no signs of slowing.” Small businesses across South Carolina are discovering innovative ways to grow their operations through cryptocurrency adoption. From reducing transaction fees to reaching new customers, digital currencies are opening doors for local entrepreneurs in unexpected ways. The traditional banking system […]

VICTORIA, Seychelles, Dec. 23, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic partnership with Fiat24, a Swiss-regulated fintech company that develops modern banking solutions powered by blockchain technology. The collaboration focuses on exploring PayFi solutions for major cryptos like Ethereum (ETH) and Bitget Token (BGB), as well […]

HONG KONG, Dec. 23, 2024 (GLOBE NEWSWIRE) — As Bitcoin’s price recently surged past the $100,000 milestone only to dip below this critical level, market volatility has reached new highs. Analysts predict that Bitcoin may be entering a prolonged phase of high volatility. In such a dynamic environment, holding spot positions alone may no longer […]