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 […]
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 […]
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 […]
The Securities and Exchange Commission (SEC) Chairman Gary Gensler is set to testify before Congress twice in September, once before the Senate Banking Committee and later the House Financial Services Committee. This follows criticism from lawmakers, particularly Republicans, who have accused Gensler of taking an overly aggressive approach to digital asset regulation without providing explicit […]
Kinetix Finance, a venture launched by core contributors of Quickswap, has unveiled its new Perpetual Market on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Perpetual Market offers users leveraged exposure to crypto assets such as KAVA, axlETH, axlWBTC, ATOM, and USDt, while ensuring utmost transparency and security.At the heart of Kinetix’s […]
Francis Suarez, the mayor of Miami, has withdrawn from the US Presidential race without providing an exact reason. He is known for his outspoken support of bitcoin and has invested some of his wealth in the digital asset. Suarez also became the first American politician to receive his salary in BTC instead of fiat currency.In […]
The Shiba Inu network has seen an impressive surge in activity, with transaction numbers skyrocketing to 520,000 and node validators processing 370,000 blocks in a matter of days. Unification has stepped up its game in the blockchain world with the debut of a validator node on the Shibarium platform, offering fresh avenues of interaction for […]
The SEC’s stance on the XRP token and its position in the market has been a topic of conversation recently, after a memo from 2018 sparked a new wave of discussion. Attorney John Deaton has provided insight into why SEC enforcement lawyers are holding back from providing clarity on Ripple’s position in the market.The memo […]
Benzinga, a leading financial media company, is hosting its annual Future of Digital Assets Conference on November 14th in New York City. This event will bring together the world’s top investors, founders, and entrepreneurs to discuss the future of digital assets. The day before the conference, Benzinga will host the Benzinga Fintech Deal Day & […]
Bitcoin has seen a surge in price following a court ruling that could potentially lead to the US getting its first Bitcoin ETF. The US Securities and Exchange Commission (SEC) was ordered to “vacate” its rejection of Grayscale’s bid to convert its Grayscale Bitcoin Trust into an ETF. This could mean that the US is […]
