Visa Successfully Completes Digital Hong Kong Dollar Pilot Program
Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC and Hang Seng Bank. The program, a part of…
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Bitcoin Miner Northern Data Secures $609 Million Debt Financing Facility from Tether
Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering…
FTX Addresses Send $21M Worth of SOL to Exchanges: Solana Price Rally in Danger?
The crypto wallets associated with the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, persist in diversifying their investments across various altcoins on numerous crypto exchanges. According…
Here’s Why Solana (SOL) Price is Up 80% in a Month, Outpacing Bitcoin and Ripple (XRP)
Solana (SOL) has emerged as the top-performing crypto asset, rallying to a level last seen in August 2022. The seventh-largest crypto by market cap surged nearly 14% over the past…
SEC Issues Subpoena to PayPal Over its PYUSD Stablecoin
PayPal Holdings, the financial giant that made headlines by adopting digital currencies for payments and transfers, is now facing a new development. The company revealed that it has received a…
Curious $230M Worth of BTC Transaction From Dormant Whales: Implications on Bitcoin’s Price?
In a recent development, three Bitcoin whale addresses have come to life after lying dormant for nearly six years. On November 2, these addresses moved 6,500 Bitcoins, equivalent to approximately…
MicroStrategy’s October Bitcoin Purchase Grew Stash to 158,400 BTC
Major business intelligence company MicroStrategy continues to accumulate more bitcoin, as it just announced an additional 155 BTC purchase for over $5 million in October. The firm, which remains the…
Bitcoin Dominance Is Still In Its Expansion Phase: Glassnode
Data from previous crypto market cycles suggests that Bitcoin (BTC)’s dominance over altcoins will likely keep rising over the next several months, according to Glassnode. In a newly published report,…
SafeMoon (SFM) Founders Arrested and Charged By U.S. Government For Defrauding Investors
The founders behind the once multi-billion dollar cryptocurrency, SafeMoon (SFM), have been charged with multiple counts of fraud and conspiracy by U.S. government, with accompanying charges from the Securities and…
Is the Bitcoin (BTC) Price Rally in Danger? Ominous Overheating Signal to Watch
In 2023, Bitcoin has delivered remarkable gains, surpassing the initial recovery phase and resuming an upward trajectory. The crypto-asset’s price has been hovering a little over $34,000 as it continues…
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