admin Source: Upbit South Korea’s leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The initial approval will enable Upbit Singapore to continue to provide digital payment token services to institutional investors while awaiting full license authorization. Upbit Will Join Group … Read more
Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours. This brings the overall live market cap of Bitcoin to a robust $525.29 billion. Current … Read more
Ripple’s XRP sits at a price of $0.483626, marking a minor increase of 0.45% within the past 24 hours but down approximately 7.5% in a week. The trading volume over the day spanned $635.59 million. At present, XRP’s rank on CoinMarketCap is #5, boasting a market cap of $25.85 billion. The circulating supply for XRP … Read more
Image Source: NME Taylor Swift fans who are also crypto enthusiasts can now purchase tickets for the highly anticipated film “Taylor Swift: The Eras Tour” using various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB). The movie, which hits theaters worldwide today, has already amassed an impressive $100 million in presales, setting the stage for a … Read more
This week in crypto: JPMorgan predicted a 20% drop in the Bitcoin hashrate after the next halving, some argued there’s a connection between McRib, bitcoin, and stocks, and while Jim Cramer predicted a sharp drop for bitcoin, Yann Allemann opined that no major bitcoin drop is to be expected. Binance’s $1 billion industry recovery fund … Read more
Image source: Pixabay The revelation that the recent attack in southern Israel, which allegedly resulted in the deaths of 1,200 Israelis, was partially funded with cryptocurrency has added fuel to the efforts led by Senator Elizabeth Warren and others to advocate for crypto legislation. Warren’s proposed bill, which has faced opposition from the Chamber of … Read more
Bitcoin has shown signs of recovery in 2023 but many solid crypto assets are still available to buy at a steep discount compared to their prior all-time highs, with the fundamentally stronger altcoins expected to catch up to BTC in the months to come. If an ‘altcoin season’ is in store, what is the best … Read more
Image Source: Pixabay Luxury sports car manufacturer Ferrari has announced the acceptance of cryptocurrency payments for its vehicles in the United States, with plans to extend the offering to Europe in response to customer requests. The decision comes after electric carmaker Tesla briefly accepted Bitcoin as payment in 2021, only to halt the practice due to environmental concerns. However, in an interview … Read more
As the BTC/USD pair exhibits a modest +0.25% gain, trading today at $26,916, the crypto community buzzes with speculation and optimism. Driving this uptrend is the SEC’s recent approval of Grayscale’s Bitcoin ETF, a significant nod that has undoubtedly propelled BTC prices upwards. Furthermore, the digital currency’s surge is being bolstered amidst an environment of … Read more
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Sustainability is expanding its foothold in every market. Consumers are more conscious than ever about the impact of their shopping habits. They are looking for ways to reduce their carbon footprint. The sustainability niche is beginning to expand within the Web3 … Read more