Cryptocurrency News

76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows

76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows

[ad_1] More financial institutions intend to join the crypto bandwagon for various reasons like bridging the payment gap, according to a report by crypto solutions provider Ripple.  The Ripple report, “New Value: Crypto Trends in Business & Beyond,” highlights how the crypto space is revamping the finance landscape. The research highlighted: “76% expect to […]

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Shares of Bitcoin mining firms jump as BTC bounces to K

Shares of Bitcoin mining firms jump as BTC bounces to $22K

[ad_1] Marathon Digital Holdings and Hut 8 Mining were among the biggest daily gainers after double-digit rallies on Monday. Bitcoin mining firms saw their stocks make huge moves on Monday following Bitcoin’s breakout to prices above $22,000. The stocks of top Bitcoin (BTC) mining firms jumped as positivity around the crypto industry seeped into the

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Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

[ad_1] Reducing your initial debt of $820 million to just $0.013 over a month can’t be easy. And, it’s hardly surprising that such a heroic dash has led Celsius to bankruptcy. Last week, the crypto lending platform voluntarily filed petitions for Chapter 11 reorganization after closing off the last of its decentralized finance (DeFi) debts

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Liquidators Claim “Radio Silence” from 3AC’s Su and Davies

Liquidators Claim “Radio Silence” from 3AC’s Su and Davies

[ad_1] Key Takeaways A new affidavit penned by a Three Arrows Capital liquidator heavily criticizes the hedge fund’s founders refusal to engage with either creditors or liquidators. Liquidators are concerned Su Zhu and Kyle Davies, the founders of the company, plan to liquidate their assets without taking their creditors into account. The company’s legal counsel

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Meow Secures  Million in Series A Funding Round

Meow Secures $22 Million in Series A Funding Round

[ad_1] Meow, a cryptocurrency company, announced on Monday that it closed on $22 million in a Series A financing round. According to the press release, Tiger Global led the round, along with QED Investors and FTX, a major  cryptocurrency exchange  Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various

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Bank of Spain Worried About Inflation and Its Consequences in Latam – Economics Bitcoin News

Bank of Spain Worried About Inflation and Its Consequences in Latam – Economics Bitcoin News

[ad_1] The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still recovering from the Covid-19 pandemic.

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Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera Enables Users to Trade USDT in UAE through OTC

[ad_1] Coinsfera, the global over-the-counter(OTC) digital asset trading platform, announced that it allows users to buy or sell stablecoin USDT in Dubai over OTC. Users can now purchase or sell USDT in cash directly by visiting the Coinsfera crypto OTC desk without the need for a bank account or credit card. Coinsfera is an exchange

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Total crypto market cap reclaims  trillion as Bitcoin, Ethereum and altcoins breakout

Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout

[ad_1] Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion mark following weeks of widespread selling after Bitcoin (BTC) price swept yearly lows below $18,000. The green day for cryptocurrencies largely tracks a positive day in the traditional markets, which are up modestly despite

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ApeCoin Jumps 36% as Otherside Unveils Its Metaverse

ApeCoin Jumps 36% as Otherside Unveils Its Metaverse

[ad_1] Key Takeaways ApeCoin has surged nearly 36% over the past three days. The spike in volatility coincides with the first demo release of Otherside.  Further upward pressure could help APE hit $7.50. Share this article ApeCoin has enjoyed a significant spike in buying pressure that coincides with the demo release of Yuga Labs’ Metaverse

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