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Day: August 30, 2023

  1. Home
  2. 2023
  3. August
  4. 30
  5. Page 2
Crypto Market Volatility: SEC Actions Spark Trading Frenzy Amid Delistings
  • bob
  • 2023-08-30
  • Cryptocurrency Market Analysis
  • Market Updates
  • North America
  • Regulatory Developments

Crypto Market Volatility: SEC Actions Spark Trading Frenzy Amid Delistings

The cryptocurrency market has been thrown into disarray by a series of regulatory developments, leading to considerable volatility for major cryptocurrencies, including Bitcoin and Ethereum. The recent SEC lawsuits against industry giants Binance and Coinbase have further compounded market anxieties, sparking widespread speculation of a systematic effort to destabilize the industry.As a result, Bitcoin and […]

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Binance Launches ‘Send Cash’ Feature to Improve Financial Inclusion in Latin America
  • bob
  • 2023-08-30
  • Company News
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • South America

Binance Launches ‘Send Cash’ Feature to Improve Financial Inclusion in Latin America

Binance has recently unveiled a new feature for its Latin American clients, allowing users in nine Latin American nations to send crypto via Binance Pay. Beneficiaries in Argentina and Colombia can directly collect these transfers into their bank accounts.The new “Send Cash” feature promises a more efficient and cost-effective method of digital money transfer, addressing […]

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Shiba Inu Network Sees 300% Rise in 24 Hours
  • bob
  • 2023-08-30
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • World

Shiba Inu Network Sees 300% Rise in 24 Hours

Shiba Inu’s Shibarium network has seen an impressive growth in the past 24 hours, with the number of addresses increasing from 100,000 to 300,000. This threefold expansion has been accompanied by a surge in transaction activity, with 520,000 transactions being processed in a few days. Node validators have executed 370,000 blocks in the same period, […]

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Circle and Mercado Libre Partner to Bring USDC to Chile
  • bob
  • 2023-08-30
  • Company News
  • Cryptocurrency Innovations
  • South America

Circle and Mercado Libre Partner to Bring USDC to Chile

Circle, the issuer of USDC, is partnering with Mercado Libre, a Latin American e-commerce platform with over 200 million users. This collaboration will allow users of Mercado Pago, the fintech service of Mercado Libre, to make payments using USDC in key markets, starting with Chile. Over two million Chileans are already Mercado Pago users.The partnership […]

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Binance Faces Regulatory Scrutiny, Cuts Ties with Sanctioned Banks and Launches New Program
  • bob
  • 2023-08-30
  • Company News
  • Cryptocurrency Exchanges
  • Europe
  • Regulatory Developments

Binance Faces Regulatory Scrutiny, Cuts Ties with Sanctioned Banks and Launches New Program

Binance, one of the largest U.S. crypto exchanges, has been in the news a lot over the past week. The company has been facing intense scrutiny from regulators, and has had to make some changes to its business lines and regions. This week, Binance cut ties with five sanctioned Russian banks listed on its peer-to-peer […]

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Coinbase to Suspend 41 Non-USD Trading Pairs
  • bob
  • 2023-08-30
  • Cryptocurrency Exchanges
  • Market Updates
  • North America
  • Regulatory Developments

Coinbase to Suspend 41 Non-USD Trading Pairs

Coinbase Exchange announced today that it will be suspending 41 non-USD trading pairs, including ALCX/USDT and BIT/USD, in order to improve overall market health and consolidate liquidity. The affected trading pairs account for a negligible amount of Coinbase’s total trading volume. Users of Coinbase Advance will still be able to trade the suspended assets through […]

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SEC Delays Bitcoin ETF Applications as It Considers Next Steps
  • bob
  • 2023-08-30
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • North America
  • Regulatory Developments

SEC Delays Bitcoin ETF Applications as It Considers Next Steps

The Securities and Exchange Commission (SEC) is considering its next steps in regards to the Bitcoin Exchange Traded Fund (ETF) applications. Analysts have suggested that the SEC may delay the applications before making a decision.The Bitcoin ETF has been a topic of discussion for some time now, with many investors hoping that the SEC will […]

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Circle and Mercado Pago Partner to Offer USDC Payments in Chile
  • bob
  • 2023-08-30
  • Company News
  • Market Analysis and Predictions
  • South America

Circle and Mercado Pago Partner to Offer USDC Payments in Chile

Circle, a stablecoin company, has announced a new partnership with Mercado Pago, the largest fintech company in the Latin American region. This payment platform is a subsidiary of retail giant Mercado Libre, which has 200 million users. Mercado Pago will offer Circle-issued USDC as a payment option to its Chilean customers. USDC is a stablecoin […]

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Cathie Wood Predicts 2,100% Increase in Crypto Market Cap by 2030
  • bob
  • 2023-08-30
  • Cryptocurrency Market Analysis
  • Investment Insights
  • Regulatory Developments
  • World

Cathie Wood Predicts 2,100% Increase in Crypto Market Cap by 2030

Cathie Wood, CEO of ARK Invest, recently predicted that the total market capitalization of cryptocurrencies could increase by more than 2,100% in the next seven years. Wood believes that the approval of a Bitcoin exchange-traded fund (ETF) could be a catalyst for institutional investment in Bitcoin and other digital assets, driving up the total crypto […]

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Odds of Bitcoin Spot ETF Approval Increase After SEC Loss
  • bob
  • 2023-08-30
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • North America
  • Regulatory Developments

Odds of Bitcoin Spot ETF Approval Increase After SEC Loss

The US Securities and Exchange Commission (SEC) is facing increasing pressure to approve the first Bitcoin spot ETF for the US market. Bloomberg ETF analysts Eric Balchunas and James Seyffart have increased their odds of approval from 65% to 75% this year.The SEC has suffered a double loss after Grayscale Investments’ win in a review […]

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