Binance has unveiled a new feature for its Latin American clients. This solution will enable users in nine Latin American nations to transmit crypto via Binance Pay; hence, beneficiaries in Argentina and Colombia can directly collect these transfers into their bank accounts. Binance announced the new “Send Cash” feature on Aug. 29, which promises a more efficient, cost-effective method of digital money transfer, addressing the prevalent financial inclusivity challenges in the...
Read More »Beware The Fed Before Bitcoin ETF Approval: Bloomberg
Bloomberg Intelligence analyst Mike McGlone believes Bitcoin spot ETF approval is “inevitable” – but one bearish influence still remains: the Federal Reserve. Given the ongoing hawkishness of most central banks worldwide, the analyst believes further downside pressure for both Bitcoin and stocks could lie ahead. The Fed’s Looming Influence As tweeted by McGlone, while the “inevitable approval” of the first Bitcoin spot ETF in the United States is “moving closer,” the Federal...
Read More »Core Quickswap Members Launch 50x Leverage on Kava Chain
[PRESS RELEASE – Georgetown, Cayman Islands, August 30th, 2023] Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges. Kinetix’s innovative Perpetual Market allows users to...
Read More »Six Additional BTC ETF Applications Are Being Examined by the SEC
The Securities and Exchange Commission (SEC) has announced that it has taken on six more bitcoin-based exchange-traded fund (ETF) applications for review. It appears the hype and hoopla surrounding the present BlackRock application has got everyone in a big, powerful huff, and they want to take part in the action. The SEC Accepts Six More BTC ETF Applications for Review The move is relatively contradictory to the comments made by a string of analysts, recently....
Read More »Pro-Bitcoin US Presidential Nominee Francis Suarez Suspends his Campaign
Miami’s mayor – Francis Suarez – announced his withdrawal from the US Presidential race without providing an exact reason for his decision. He is known as an outspoken proponent of bitcoin who has invested some of his wealth in the primary digital asset. Suarez also became the first American politician to receive his salary in BTC instead of fiat currency. One of the Pro-Crypto Republicans Calls it Quits Suarez disclosed on X (Twitter) that he will no longer pursue the goal...
Read More »WISE: Das sind die grossen Vorteile des Vorzeige-Fintechs
Um dein Wise-Konto zu eröffnen, musst dich dich zunächst verifizieren – üblicherweise mit einem Lichtbildausweis, einem Wohnsitznachweis und/oder einem Bild von dir, auf dem du deinen Ausweis neben dein Gesicht hältst. Der Verifizierungsvorgang dauert üblicherweise etwa 2 Werktage. WISE, ehemals TransferWise, ist ein bekanntes Fintech-Unternehmen, das internationale Geldüberweisungen und Währungsumrechnungen für Privatpersonen und Unternehmen...
Read More »Analyst Explains How Shiba Inu (SHIB) Can Chart New All-Time High
In the ever-evolving world of cryptocurrencies, expert analyst Javon Marks has recently turned the spotlight on Shiba Inu (SHIB), forecasting potential new all-time highs for the popular meme coin. Per data from CoinGecko, Shiba Inu is currently 90.38% off its peak value of $0.00008616 as of October 28, 2021. However, according to Marks, the meme coin shows signs of a significant upward trajectory. His forecast comes after a thorough examination of SHIB’s recent price...
Read More »Warren Davidson Reiterates Call for Gary Gensler’s Removal After Grayscale Win
US Representative Warren Davidson continues to push for Gary Gensler’s removal as the chairman of the Securities and Exchange Commission (SEC) following Grayscale’s recent win in court against the agency. Industry stakeholders and the broader crypto community believe Gensler and the SEC’s regulation by enforcement approach towards the crypto industry caused more harm than good to retail investors. Rep. Davidson Bent on Gensler’s Ousting Rep. Warren Davidson continues to pan...
Read More »Casper Labs Blockchain Equity to Be Listed on INX Exchange
INX, a regulated broker-dealer in the United States, is going to be working with blockchain firm Casper Labs to tokenize and list the latter’s equity for trading on the secondary market. Casper Labs Gains More Mainstream Appeal This will allow Casper Labs to be traded publicly amongst both retail and institutional investors. In addition, the company’s listings will be on regulated exchanges like ATS and INX.One, thus showing it’s open to present laws and whatever...
Read More »BTC’s Still Below the Key Level Despite the Grayscale Surge (Bitcoin Price Analysis)
Bitcoin’s price surged yesterday, bouncing from a critical support level. The surge came following the Grayscale news. However, a bearish continuation is still possible if the price remains below the 200-day moving average. Technical Analysis By Edris The Daily Chart On the daily chart, the price has finally demonstrated some bullish price action after finding support at the $25K level. The 200-day moving average, located around the $27,500 mark, is currently being tested. A...
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