Coincorner247 The Latest Crypto News Over The World

Crypto News

The Crypto Marketplaces In The Middle East And North Africa Are Expanding Quickly

Particularly in the combined Middle East and North Africa (MENA) region, emerging markets continue to make their way into the cryptocurrency space, finding varieties of use cases. Users got $566 billion in cryptocurrency from July 2021 to June 2022, according to the MENA region's transaction volume. This represents an increase of 48% from the prior year. Following MENA with growth rates of 40% and 36%, respectively, are Latin America and North America.

cointelegraph - 1426 ngày trước

Coinbase Forms A Corporation In Australia And Increases Its Retail Customer Offerings

The biggest cryptocurrency exchange in the United States, Coinbase, has announced that it would now offer its services to retail users in Australia, simplifying the buying, selling, and trading of digital assets. Coinbase announced that it will be introducing PayID as a way for Australians to deposit money using direct transfers from their bank accounts. Coinbase first entered the Australian market in 2016, allowing local customers to buy Bitcoin and Ethereum.

Decrypt - 1426 ngày trước

Web3 ETF Is Introduced By Bitwise For Institutional And Individual Investors

Bitwise Asset Management unveiled a new exchange-traded fund (ETF) that would give institutional and individual investors access to businesses that were positioned to benefit from the rise of Web3. The ETF, which trades under the ticker BWEB, tracks the Bitwise Web3 Equities Index and has over 85% exposure to businesses directly involved in Web3 business activities, such as Web3 infrastructure, finance etc.

cointelegraph - 1426 ngày trước

Mastercard Introduces New Crypto Product To Aid Banks Fight Against Fraud

Mastercard joined forces with CipherTrace to launch a feature called "Crypto SecurMastercard, a global provider of financial services, just unveiled a brand-new product dubbed "Crypto Secure." Its major objective is to support banks in preventing situations of digital asset fraud. Mastercard has established a reputation as a crypto-focused business, and some of its executives are ardent supporters of the sector. The blockchain firm CipherTrace, a partner of Mastercard in the project, will offer the technical foundation for launching the service. e."

CryptoPotato - 1426 ngày trước

Telegram's @Wallet Bot Now Enables Cross-user Cryptocurrency Trading

The creators of the Telegram @Wallet Bot, which enables users buy cryptocurrencies with bank cards, trade them, and move them to other wallets, have introduced a peer-to-peer cryptocurrency exchange. Toncoin (TON) purchases and transfers within Telegram chat conversations are now possible thanks to the Wallet Bot. With the most recent version, users will be able to buy and sell cryptocurrencies via the Telegram app, with the exchange services serving as guarantors for each transaction.

blockworks - 1427 ngày trước

Through New Integration, MATIC Holders Can Now Shop At Significant Online Retailers

The native token of the Polygon blockchain, MATIC, has been added as a form of payment on the cryptocurrency e-commerce platform Shopping.io. With each usage of the token, it is additionally offering a 2% discount for the first thirty days and free shipping for the first seven days. Holders will be able to purchase goods from some of the biggest retailers, including as Amazon, eBay, Walmart, and Home Depot, as a result of the MATIC integration.

U.Today - 1427 ngày trước

Russia To Allow Bitcoin, Crypto For Any Industry, International Trade

According to a report from the regional media outlet TASS, the Russian Federation's Ministry of Finance intends to allow any industry within the nation to accept bitcoin and other cryptocurrencies for international trade without limitations. In a recent interview, Ivan Chebeskov, the ministry's director of the Financial Policy Department, said. Any industry will be able to use cryptocurrency for international settlements with no limits.

Bitcoin Magazine - 1427 ngày trước

In A Swiss town, McDonald's Has Begun To Take Bitcoin And Tether

In the 63,000-person city of Lugano, which is a center for cryptocurrency acceptance in Western Europe and is located in the Italian-speaking area of Switzerland, the multinational fast food giant McDonald's has began accepting cryptocurrencies for payment such as Bitcoin (BTC) and Tether. On the credit cash machine, the Tether (USDT) emblem could be seen next to the Bitcoin symbol.

cointelegraph - 1427 ngày trước

Despite The Current Crypto Winter, DeFi Investors Make Money, A Survey Reveals

Despite the current crypto winter, which has caused goods in the industry to experience losses, the decentralized finance (DeFi) sector is showing positive returns for investors. The returns also show how mature the DeFi market is becoming. According to a fresh analysis created by Bolide Finance on October 4, four distinct yield aggregators recorded returns of 2.87% on average between January and July 2022.

bolide - 1427 ngày trước

Waste Gas Is Made Available To Bitcoin Miners By An Argentinean Energy Company

Since Bitcoin (BTC) miners have long faced criticism for the energy they need to conduct their operations, some nations have attempted to mitigate as much environmental harm as they can while still allowing the practice to exist. In order to help with this effort, an unidentified multinational bitcoin mining firm has begun receiving surplus gas from YPF, the state-owned energy company in Argentina.

Finbold - 1427 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1078 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1078 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1078 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1078 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1079 ngày trước