Bitcoin (BTC) reached the $31,000 mark for the third time this year on June 25 as the weekly close promised volatility. The BTC price movements were focused on yearly highs. Despite the cool-off in volatility against the U.S. dollar, Bitcoin did manage to set new records in three countries this week. The countries where BTC
The Rolante Hospital Foundation (FHR), a large general hospital in the municipality of Rolante, has become the first hospital in Brazil to accept cryptocurrency as payment. FHR is the oldest hospital in the municipality, and patients will now be able to use cryptocurrency to pay their medical bills, for outpatient treatment, and to buy medicine.
Bitcoin Cash (BCH) has experienced a surge of 100% in just one week, leading to speculation about the factors behind this remarkable upward movement. Despite the significant price increase, BCH faces challenges in breaking above the $220 level, which could potentially trigger a bearish correction. The current price of Bitcoin Cash (BCH) stands at $203,
The XRP price has experienced a 1% dip in the past 24 hours, reaching $0.483806 as the cryptocurrency market falls by a similar percentage within the same timeframe. XRP is now down 1.5% in the past week but has experienced a 2% increase in the last 30 days. The positivity surrounding Ripple’s case with the
With Bitcoin holding steady at around $30,000, market sentiment is high, and investors are looking at several trending cryptocurrencies that are up double digits or more today. Many altcoins are pumping, both old and new, including Bitcoin Cash, Bitcoin SV, and Waves. Even meme coins, such as Pepe and newly listed Uniswap coins, are surging
Ethereum has been the leader in the smart contract and decentralized application (DApp) network since its inception. The analysis of Ether’s price (ETH) and market capitalization provides indisputable evidence that the blockchain has been gaining market share. Over the past couple of years, Ether’s dominance in market capitalization terms has grown from an average of
A report by the Bank for International Settlements (BIS) has proposed a unified electronic ledger that combines central bank digital currencies (CBDCs) and other tokenized assets, which has the potential to enhance the global financial system. It would leverage automated smart contracts on blockchains like Ethereum to facilitate seamless transactions. The report highlights the current
Binance, a cryptocurrency exchange, is currently facing legal challenges in several jurisdictions around the world. Now, a Brazilian lawmaker, Alfredo Gaspar, has requested that the General Manager of Binance Brazil, Guilherme Haddad Nazar, appear before the National Congress to answer questions regarding the company’s operations in cryptocurrency management and possible partnerships with national companies involved
CACEIS Bank, the asset servicing arm of Crédit Agricole and Santander, has obtained a crypto custody license from France’s Financial Markets Authority (AMF). With the new license, CACEIS Bank is now authorized to provide digital asset custody services. The AMF conducts various checks on companies before granting licenses, including checks on the competence of managers
Tennessee-based asset manager, Valkyrie Funds, has filed for approval of a Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Valkyrie Investments, which already has a Bitcoin futures ETF product listed on Nasdaq, filed the application for a spot Bitcoin ETF recently. It joins a growing list of companies seeking approval for
