Global Decline in Bitcoin ATMs Despite Record Cryptocurrency Growth in 2023

In a surprising turn of events, the number of kiosks offering the option to purchase cryptocurrencies using cash or debit cards has been on a decline, despite Bitcoin’s record-breaking performance throughout 2023. Data from Coin ATM Radar reveals that the total count of crypto ATMs worldwide has decreased from 37,827 on January 1, 2023, to […]

CoinsPaid Suffers Second Security Breach, $7.5 Million in Crypto Stolen

Crypto payment gateway CoinsPaid has fallen victim to its second security breach in the past six months, with unauthorized transactions amounting to nearly $7.5 million. The breach was detected by Web3 security firm Cyvers, whose artificial intelligence system identified multiple irregular transactions on January 6. These transactions allowed the withdrawal of $6.1 million worth of […]

Solana Outperforms Ethereum, Analyst Cites Simplicity as Key Factor

Analyst Qiao Wang of Alliance DAO has recently commented on the complexities of Ethereum (ETH) development and scaling narratives, stating that they may be too intricate for average developers and entrepreneurs. While these complexities may be “intellectually satisfying” for researchers and architects, they can appear confusing when compared to the clear objectives of Solana (SOL).Wang […]

Bitcoin Investors Brace for Possible 40% Dip in March, Says Hayes

Arthur Hayes, a renowned thought leader in the crypto industry, has warned Bitcoin investors to prepare for a potential 40% dip in March due to macroeconomic factors. In a recent blog post, Hayes highlighted three key reasons why March will be a pivotal month for Bitcoin.The Bank Term Funding Program (BTFP), established after the 2023 […]

Fidelity Emerges as Cheapest in Bitcoin ETF Race Amid Fee Competition

As the approval of a Bitcoin spot ETF becomes increasingly likely, the focus is shifting from the excitement of the potential approval to the fundamental aspects of these ETFs, such as on-chain trading transparency and management fees. These factors could play a significant role in determining which ETF issuer comes out on top.Insiders have indicated […]

XRP Ledger’s Potential as Global Utility Asset Amid Contrasting Claims

XRP Ledger (XRPL), the blockchain technology behind the XRP token, is capable of processing 3,400 transactions per second (TPS), which equates to 293 million transactions daily. This impressive capacity has led to XRP becoming a preferred choice for banks seeking to digitize their services for a global audience.XRP influencer Alex Cobb has shared some intriguing […]

Financial Advisors Show Growing Interest in Cryptocurrencies, Survey Reveals

The cryptocurrency sector is witnessing a surge in interest from financial advisors, with 88% reporting increased client curiosity. This has led to 59% of advisors independently adopting cryptocurrencies. Bitcoin is the preferred choice over Ethereum, with 71% favoring BTC, reflecting its perceived stability and confidence.The “Bitwise/VettaFi 2024 Benchmark Survey of Financial Advisor Attitudes Toward Crypto […]

ARB Token’s Rise Tied to Arbitrum’s Innovations and Ethereum Scalability

ARB, the native token of Arbitrum, is making waves in the Ethereum ecosystem. With a market capitalization nearing $2 billion and backed by $9.8 billion in LTV, Arbitrum is leading the way in scaling solutions, enhancing the appeal of ARB.According to AlphaScan data, ARB has been the “best sentiment” in the last 24 hours, with […]

Cardano’s ADA Faces Challenges and Opportunities in 2024

Cardano’s ADA has had a challenging start to 2024, with a 10% drop in value due to regulatory uncertainty. The volatile nature of the cryptocurrency market presents both challenges and opportunities for ADA, making it crucial for potential investors to conduct thorough research before investing.The beginning of 2024 saw ADA’s value drop by almost 10% […]

Prospera ZEDE Incorporates Bitcoin as Official Unit of Account

The Honduran Special Economic Zone, Prospera ZEDE, has officially recognized Bitcoin as a unit of account, a significant milestone in the regional acceptance of cryptocurrencies. This announcement was made by Jorge Colindres, the acting manager and Tax Commissioner of the zone, and provides clarity on the conditions that legal entities must meet to adopt Bitcoin […]