Binance, a leading cryptocurrency exchange, has announced that its crypto debit card will no longer be available in Latin America and the Middle East from September 21. The card allows users to use their digital assets for everyday transactions and is accepted at a network of over 60 million merchants globally. Binance clarified that the […]
GlobiancePay is a revolutionary financial platform that is transforming the way people manage their assets. Powered by the XDC Network, it offers a comprehensive suite of banking services, including fiat currencies and cryptocurrencies, as well as a Security Token Offering (STO) on Launchpad S. This advanced ecosystem is designed to provide users with a secure, […]
The UK Treasury has issued a consultation and call for evidence to assess the impact of a proposed ban on finance-related cold calls. The government has also announced a fraud strategy that would involve 400 new jobs to update its approach to intelligence-led policing. It is estimated that fraud costs the country approximately $8.7 billion […]
Bitcoin is expected to hit nearly $150,000 during its next four-year halving cycle, according to Pantera Capital. The crypto asset manager believes that Bitcoin price performance depends heavily on its halving cycles, and with the next due within the coming twelve months, the firm is betting that historical trends will continue.The firm notes that BTC/USD […]
Bitcoin is on track for a potential post-halving rally, according to historical analysis. This is due to increasing scarcity, which is a result of the halving process. The halving process reduces the amount of Bitcoin that is released into circulation, making it more scarce and potentially more valuable. This could lead to a rally in […]
Bitstamp, a crypto exchange, has announced that it will end Ethereum (ETH) staking services for U.S. customers within a month. Customers will continue to earn staking rewards until September 25, 2023, and after that, all staked assets will be unstaked. Rewards and principal will be credited to users’ primary account balances, though this process may […]
The 10-year US Treasury note yield decreased from its 16-year high, giving stocks a lift, as dismal business activity statistics from the US and Euro Zone suggested global disinflation. Five stocks that were negatively affected by this news were Bruush Oral Care Inc. (NASDAQ: BRSH), Foot Locker Inc. (NYSE: FL), Tivic Health Systems Inc. (NASDAQ: […]
Raoul Pal, a former Goldman Sachs executive, believes that the total market capitalization of cryptocurrencies will soon reach $10 trillion as institutions invest in the digital assets space. He believes that family offices, which typically take on higher than average risk, were the first to invest in the space. Pal believes that institutional investment in […]
The US economy is facing a difficult situation as the rate of credit card delinquencies has risen to its highest level since the 2008 financial crisis. This is due to an increasing number of Americans struggling to pay their credit card debts. The combined credit card debt in the US has reached a record high […]
Law enforcement communities around the world are cracking down on crypto scams, with Israeli police accusing technology entrepreneur Moshe Hogeg of defrauding investors out of $290 million. Hogeg and several unnamed associates are suspected of misappropriating funds from Israeli and foreign investors for personal use, and are facing charges of fraud, theft, money laundering, forgery, […]
