Crypto news

One of the leading travel agencies in Latin America – Despegar – partnered with Binance Pay and Inswitch to enable clients to pay for tour packages in cryptocurrencies. For starters, the offering will be available only for customers in Argentina.  Despegar Leads the Way The agreement, announced by the world’s biggest cryptocurrency exchange – Binance, turned Despegar into the first online travel agency (OTA) in Latin America to accept digital assets as a means of payment....

According to Dua Crypto’s research, The Netherlands rank as the most interested European nation in cryptocurrencies. Russia (where the local central bank is predominantly negative on the asset class) is at the bottom of the list. Bitcoin (BTC) is the most popular digital currency in most countries, while Dogecoin (DOGE) is second. The Dutch Reached the Top The study estimated that the residents of The Netherlands had conducted the highest number of crypto-related searches per...

The instability of Circle’s USDC has caused extreme fear in the market, as stablecoins play a crucial role in the cryptocurrency industry. Bitcoin’s price was affected by the recent turmoil and has declined, but it faces a strong support level. By Shayan The Daily Chart Recently, the price of Bitcoin experienced a downtrend with noticeable bearish momentum after forming a reversal three-drives pattern and breaking down the neckline. The recent turmoil with USDC served as a...

After a series of high-profile collapses and the ensuing regulatory heat in their wake, if you thought the crypto saga had hit a roadblock, you can’t be held wrong. However, a new survey by Paxos, the New York-headquartered blockchain technology company, offers a new spin to the tale. It says 75% of consumers are confident about the future of cryptocurrencies.  Neither Daunted Nor Deterred As many as 72% of the respondents of Paxos’ Cryptocurrency Adoption & Purchasing...

The International Monetary Fund (IMF) has stated that the risks surrounding bitcoin use in El Salvador have not necessarily shown themselves yet. However, the agency has reported it’s necessary to stay aware and that El Salvador still warrants both attention and transparency. The IMF Is Still Worried About El Salvador and BTC El Salvador – which at one point was one of the smallest nations in the world and didn’t strike fear or interest in many people’s hearts – has...

The host of CNBC’s Mad Money has been often grilled on social media for advising people to invest in assets that turn unprofitable or vice-versa. His latest example is the notorious Silicon Valley Bank, which became a victim of a bank run, and ultimately collapsed on Friday. Cramer Said Buy SVB Stock “This company is a merchant bank with a deposit base that Wall Street has mistakenly been concerned by,” explained Cramer in his show from February 8. He added that the bank was...

Eddy Alexandre – a man in New York – entered a guilty plea in mid-February this year after conducting a crypto fraud scheme that stole nearly $250 million from assorted investors. Eddy Alexandre Pleads Guilty Damian Williams – the U.S. attorney for the Southern District of New York – issued a statement claiming that Alexandre, between the months of September 2021 and May 2022, ran an illegal crypto exchange known as Emini FX. During that time, Alexandre solicited as much...

The cryptocurrency industry experienced its own set of failures last year when numerous internal companies and projects imploded, resulting in declining prices, countless bankruptcy filings, and, somewhat expectedly, lots of investor losses. This year started on a positive note, but crypto has once again taken a serious hit – this time, the most apparent reason coming from outside players. All of this has harmed the performance of bitcoin and most altcoins, resulting in yet...

Coinbase is upping its game in the recent staking battle begun by the Securities and Exchange Commission (SEC). The popular digital trading platform is moving to the frontlines and has vowed to become the top soldier in the war against staking practices. Coinbase Is Becoming a Staking Colonel Not long ago, the SEC struck at Kraken, a popular crypto exchange based in Northern California. As part of a court settlement, the firm vowed to cease all its staking services. It...

Bitcoin’s woes keep on coming as the asset plummeted to a new two-month low at $19,500 yesterday before bouncing off by over a grand. This comes amid the Silicon Valley Bank’s troubles and the apparent exposure of certain crypto firms, including Circle and its stablecoin, which lost its dollar parity. BTC Volatile Around $20K In a matter of almost a week, bitcoin had calmed at around $22,000 and failed to produce any significant moves in either direction. Yet, the asset is...