Tag Archives: AA News

One of the world’s largest cryptocurrency exchanges, Huobi, is adding a new service for its Argentinian branch. Dubbed Huobi Argentina, it now allows customers to directly exchange Argentine Peso (ARS) for Bitcoin and Tether (USDT) and vice versa.Huobi Argentina Fiat GatewayIn September 2019, the Singapore-based cryptocurrency exchange announced the opening of Huobi Argentina. Powered and supported by Huobi Cloud, it came as a result of the country’s growing interest in digital...

In recent years, there has been a continuous acceleration in the development of new technologies such as fintech, IoT, Big Data, AI, and other related fields. Much of this is due to investment from major companies, like the SBI Group, based out of Japan, which have been proactively investing in venture companies within these fields for years.Today, according to a press release, SBI Crypto, a wholly-owned subsidiary of the SBI Group, has announced a partnership with Northern Data AG and...

One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase.Barcelona To Launch Own CryptocurrencyAccording to an official press release, FC Barcelona, the captain of which is Lionel Messi, winner of 6 prestigious FIFA Ballon d’Or awards, has teamed up with Chilliz to launch a cryptocurrency.The initiative is part of...

When it comes to investments, especially in cryptocurrencies, the United States authorities are very strict in protecting investors from risks and losses. For this reason, crypto companies often exclude US residents from their offerings due to strict regulatory policies Although no laws are banning Americans from using margin trading, the regulations remain unclear. Thus, to avoid breaching any of these rules, exchanges like Binance don’t offer leverage services to users in the US, leaving...

Cryptocurrency regulations are taking a front-row in high-end governmental discussions. Steven Mnuchin, Secretary of the Treasury of the US, noted that FinCEN is working on introducing several new requirements to counter possible illegal financial activities.FinCEN To Apply New RequirementsYesterday, the U.S. Senate held a hearing to cover the 2012 budget. While addressing many different financial issues, the discussion also touched on cryptocurrencies and their role in the U.S. market.The...

Back in the parabolic bull run in 2017, more often than not, a random cryptocurrency would skyrocket and increase by a staggering percentage. In a lot of the cases, however, this was based more on pump and dump schemes rather than on actual fundamental or technical indicators.Over the past couple of days, Futurocoin, which presents itself as “the most innovative cryptocurrency,” soared with an astronomical amount, perhaps signaling that the days of 2017 are back.FuturoCoin (FTO) Up 10,000% In...

The exciting start of 2020, in terms of price action, has brought serious retail attention to the cryptocurrency market. Google Trends data shows that Bitcoin and altcoin searches are recording their highest levels since August of 2019.Bitcoin Price Drives AttentionThe largest digital asset began the year trading at $7,170. At the time of this writing, Bitcoin’s price is at $10,350, marking an increase of 44% in less than 44 days.Significant price movements generally attract attention from...

Ripple’s expansion continues with a new partnership in Egypt. The country’s national bank has recently signed a co-operation agreement to join the blockchain-based payments network RippleNet to implement remittance payments.Ripple Partners With NBEThe National Bank of Egypt is the oldest and largest bank in the country. As of yesterday, the NBE is partnering up with Ripple. The collaboration aims to leverage Ripple’s blockchain-based payments network RippleNet to facilitate faster and cheaper...

In today’s headlines, the London Football Exchange (LFE) has recently announced its participation in a deal to acquire the Perth Glory Football Club (PGFC), 2019/2020 participants in the Australian Hyundai A-League Premiers, as well as the Asian Champions League.According to the recently announced Asset Sale and Purchase Agreement, the LFE has acquired the majority shareholder status of the well-known football club, the PGFC.Although preparations are currently underway, the change of control...

The cryptocurrency market is growing at a notable rate since the beginning of 2020. Interestingly enough, the growth is across the board. Despite Bitcoin’s increasing price, its dominance continues to fade. This is a definitive sign that altcoins are claiming serious grounds as their prices continue to boom.Cryptocurrency Market Cap At 6-Month HighIt’s safe to say that 2020 has been an exciting year for cryptocurrencies across the board. The entire market’s capitalization has increased to...