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This Past Year, Bitcoin P2P Trading Volume Increased By 40% In The Philippines

According to Paxful data, the amount of bitcoin traded in the Philippines has significantly increased during the last 12 months. Between Q3 2021 and Q3 2022, the asset's P2P trading volume increased by about 40%. The weekly volume of Bitcoin traded on Paxful versus the Philippine Peso is currently approximately 80 million pesos. In July 2022, volumes soared and achieved record highs of around 110 million pesos. Volumes were somewhat lower in Q3 2021, averaging 85 million.

BeInCrypto - 1419 ngày trước

By Year's End, Binance May Have Spent Over $1 Billion In Investments

Binance might still have a ton of dry powder left to use before the year ends even after spending a fortune on deals and investments in 2022. Changpeng Zhao (CZ), the CEO of the biggest cryptocurrency exchange in the world, reportedly stated that his business may ultimately spend more than $1 billion on purchases and investments this year. In 2022, Binance has already committed $325 million to 63 projects, according to information provided by Bloomberg.

CryptoPotato - 1419 ngày trước

Top 10 Most-Purchased Assets Include ADA, With Whales Holding $5 Million In It

The largest wallets on BNB Chain, Ethereum, and a few other blockchains are the focus of the wallet tracker WhaleStats, which recently tweeted that Cardano's ADA has become one of the top 10 most-purchased digital currencies among the 4000 biggest BNB Chain whales in the last 24 hours. The record shows that the largest whales on BSC have ADA valued at a total of $5,255,140.

U.Today - 1419 ngày trước

Crypto ETPs Are Still Growing, According To Morgan Stanley, Despite The Bear Market

According to Wall Street behemoth Morgan Stanley, the market for cryptocurrency exchange products is still expanding, an indication that institutional interest in the field of digital assets is still strong despite worries of a crypto winter. More than 180 cryptocurrency exchange-traded funds (ETFs), exchange-traded products (ETPs), and trusts are currently in operation, despite half of these products launching during the bear market

coindesk - 1419 ngày trước

Since The Vasil Hard Fork Upgrade, Cardano Has Added 100 Smart Contracts

After the blockchain successfully completed the Vasil hard fork on September 22, the decentralized finance (DeFi) network has shown no signs of slowing down since the Cardano (ADA) network reached the milestone of 3,000 smart contracts. In the two weeks following Vasil, 100 new Plutus Scripts (a Cardano-based smart contracts platform) were created, showing a continuation of the momentum by the hard fork.

Finbold - 1419 ngày trước

FTX Targets Europe And Asia After Latin America With Its Visa Debit Card

The FTX cryptocurrency exchange said today that it is extending the availability of its Visa debit card to more than 40 additional nations worldwide. Although no specific nations were named, the company claimed that many were in Latin America. Following that, FTX intends to launch comparable campaigns in Europe and Asia. Before the end of 2022, the European rollout is expected to begin, followed by debuts in other regions, ostensibly including Asia.

Decrypt - 1419 ngày trước

Robert Kiyosaki Advises Purchasing Bitcoin, Claiming Money, Equities, And Bonds Are Toast

Robert Kiyosaki, author of the book "Rich Dad, Poor Dad," has emphasized that investors should choose Bitcoin (BTC) and precious metals, referring to cash, stocks, and bonds as "toast." With the efforts of the international central banks to stop the spiraling inflation, Robert Kiyosaki claims that confidence in traditional finance investment products has been called into question.

Finbold - 1419 ngày trước

MakerDAO Launches $500Million In US Treasuries And Business Bonds

The first step toward investing $500 million of MakerDAO's stablecoin reserves in short-term US treasury bonds and investment-grade corporate bonds has been taken. Following a vote by Maker token holders, the decentralized autonomous organization (DAO) approved a $1 million trial transaction. The decision, according to MakerDAO, was made to improve the project's financial sheet by increasing exposure to liquid, low-risk traditional assets.

theblock - 1420 ngày trước

The Government Of Norway Is Considering Ending The Discounted Power Tariff For Bitcoin Miners

The Norwegian finance minister, Trygve Slagsvold Vedum, has urged that the government end a program that permits crypto data centers to pay a discounted cost for electricity. Data centers operating in Norway may soon be subject to the same power taxes as other businesses, according to a proposal from the Norwegian government. The administration claimed that the reduced rate needed to be phased out because electricity demand was increasing in some areas.

cointelegraph - 1420 ngày trước

Grayscale Introduces A Bitcoin Mining Investment Vehicle That Distributes Dividends From Mined BTC

The largest digital currency asset management in the world, Grayscale Investments, stated it is launching an investment vehicle to help investors take advantage of the falling cost of bitcoin mining infrastructures in the midst of a protracted crypto winter. On October 6, the asset manager announced the establishment of Grayscale Digital Infrastructure Opportunities LLC ("GDIO"), a private co-investment opportunity in the Bitcoin mining technology (BTC).

Finbold - 1420 ngày trước

Binance Seeks To Expand To Turkey And The Philippines

The largest cryptocurrency exchange in the world, Binance, sees huge potential in Asian markets and is considering a number of nations for future expansion, according to Gleb Kostarev, the organization's head of Asia operations. The largest cryptocurrency exchange in the world, Binance, sees huge potential in Asian markets and is considering a number of nations for future expansion, according to Gleb Kostarev, the organization's head of Asia operations.

Forkast - 1420 ngày trước

Despite The Bear Market, The Number Of Active Ethereum Users Increased 36% In Q3

According to Dune Analytics data, nearly 4.5 million additional active users joined Ethereum during the third quarter despite the long overdue bear market. A 36% rise in the number of active users is represented by the 4.5 million new users. The network has been experiencing a steady decline in users since the fourth quarter of 2021, when ETH's price reached an all-time high of $4,890. The growth reverses this trend.

cryptoslate - 1420 ngày trước

Binance Crypto Exchange Gets Operational Approval To Function In Kazakhstan

According to a press release, cryptocurrency exchange Binance has received a license to operate in Kazakhstan. Binance will be able to operate as a regulated platform and offer custody services for digital assets at the Astana International Financial Center thanks to the license from the Astana Financial Services Authority (AFSA). Kazakhstan has been working with the exchange to draft regulations for cryptocurrency businesses as the nation aims to grow its digital asset market.

coindesk - 1420 ngày trước

Despite Without Legal Tender Status, Virtual Assets Are Still Accepted As Payment By Merchants

The Bank of Namibia recently announced that it has included providers of virtual asset services and virtual assets under its regulatory framework for fintech innovations and that it intends to alter relevant laws and regulations. BON also made it clear that, despite the fact that privately-issued digital currencies are still not legally recognized, businesses and dealers are still permitted to accept money in this way so long as the customer is prepared to engage in an exchange or transaction.

Bitcoin News - 1420 ngày trước

An ESG-focused Cryptocurrency Hedge Fund Invests In Algorand And Polkadot

In a bet that currencies with higher sustainability traits will prevail following a $2 trillion shakeout in digital assets, Modular Asset Management's crypto hedge fund has been investing in tokens like Algorand and Polkadot. According to Chief Investment Officer Daniel Liebau, the Modular Blockchain Fund, which was established in May, has increased its acquisitions of Cosmos recently.

financialpost - 1420 ngày trước

Bitcoin's Total Hashrate Reaches A Record High Of 321 Exahashes Per Second.

According to data from Coinwarz.com, the total hashrate of Bitcoin achieved a record high of 321 Exahashes Per Second at block height 757,214. (ATH). The last hashrate ATH was seen on September 11, 2022, at block height 753,647, when it hit about 301.87 EH-s, according to statistics from the BTC network's hashpower. The network's hashrate previously reached an ATH on June 8, 2022, at block height 739,928 achieving 292.02 EH-s before the climb above 300 exahash.

Bitcoin News - 1421 ngày trước

When The Economic Tide Turns, Bitcoin Will Fare Better Than Other Assets

When the economy becomes bullish again, according to Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, the top two cryptocurrencies will outperform other investments. According to the expert, Bitcoin in particular may be beginning to trade more like a safe haven asset, like Treasury bonds or gold. The fact that commodities seem to have peaked may mean that Bitcoin has reached its bottom, according to Bloomberg's crypto outlook study.

CryptoPotato - 1421 ngày trước

As MiCA Passes, The EU Advances Toward Regulating Cryptocurrency

The Markets in Crypto Assets Regulation (MiCA) framework was agreed by members of the European Council early on Wednesday, marking a significant step toward creating guidelines for how digital asset exchanges and other service providers should operate in EU member states. Before the plan is formally adopted, the European Parliament will vote on it after today's vote on October 10. If approved, it would ideally go into effect in the beginning of 2024.

Crypto Briefing - 1421 ngày trước

Over 6,000 NFT And Blockchain-related Trademarks Is Filled In US In 2022

According to information and a chart released on October 5 by trademark and patent attorney Michael Kondoudis (The Law Office of Michael E. Kondoudis), the number of NFT and blockchain-related trademarks in the US exceeded 6,000 between January 1 and September 30. It's interesting to note that the total for 2021 was 2,142, or slightly under three times the first nine months of the current year. In terms of 2022, March saw the most activity with 1,080 new NFT trademarks being registered.

Finbold - 1421 ngày trước

Fidelity Asset Manager Unveiled A $5 Million Ethereum Index Fund

According to registration documents submitted today to the U.S. Securities and Exchange Commission, Fidelity has already invested $5 million in a new Ethereum index fund. The asset manager, Galaxy Digital CEO Mike Novogratz, registered its Fidelity Ethereum Index Fund on Tuesday but stated in its SEC filing that the first sale took place on September 26. The asset manager has $4.5 trillion in assets under management.

Decrypt - 1421 ngày trước

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 - 1421 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 - 1421 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 - 1421 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 - 1421 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 - 1422 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 - 1422 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 - 1422 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 - 1422 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 - 1422 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 - 1422 ngày trước

Pro-Russian Military Forces Is Revealed To Be Utilizing Cryptocurrency To Raise Money

Blockchain company TRM Labs says pro-Russian organizations are using cryptocurrencies to raise money to support paramilitary operations and circumvent American sanctions. Chris Janczewski, the CEO of the company, estimates that by September 22 the organizations had collected at least $400,000. Blockchain company TRM Labs says pro-Russian organizations are using cryptocurrencies to raise money to support paramilitary operations and circumvent American sanctions. Chris Janczewski, the CEO of the company, estimates that by September 22 the organizations had collected at least $400,000.

Finbold - 1422 ngày trước

Despite Bear Market, The Number Of Bitcoin Owners Continues Increasing

Despite the ongoing crypto bear market, there has been a considerable rise in the number of holders of the leading digital asset, despite the fact that the price of Bitcoin (BTC) has fluctuated significantly this year. Investors continue to find comfort in BTC as a store of wealth as they HODL the digital asset. Over 4.5 million new holders have joined the Bitcoin space in the past year as of September 27.

Finbold - 1422 ngày trước

Solana NFT Sales Increased By 77% In September Despite A Weak Quarter

Despite a substantial drop in the total volume of NFT trading in the third quarter, non-fungible token (NFT) sales on Solana soared in September. Solana NFT sellers made more than US$126 million in September, a 77% rise from the previous month. The increase in Solana's September NFT sales coincides with a drop in total sales of unique assets for the sixth straight month, which marked the lowest monthly sales since July 2021.

Forkast - 1423 ngày trước

Cryptocurrency Exchange Binance Opens Two New Offices In Brazil

, a major cryptocurrency exchange, has formally launched two offices in Brazil in an effort to broaden its presence in the South American nation, where numerous businesses have recently started offering trading in digital assets. Binance, a major cryptocurrency exchange, has formally launched two offices in Brazil in an effort to broaden its presence in the South American nation, where numerous businesses have recently started offering trading in digital assets.

theblock - 1423 ngày trước

Japanese Government Digital Transformation Investments Will Include Metaverse And NFTs

The Japanese government would work to promote Web3 services, particularly those involving non-fungible tokens, or NFTs, and the Metaverse, according to Fumio Kishida, the country's prime minister since 2021. He also made reference to digitizing national identification cards. The cabinet would "support efforts to extend the usage of Web 3.0 services that leverage the metaverse and NFTs," the prime minister added.

cointelegraph - 1423 ngày trước

Bitcoin And Ethereum Whales Moves Huge Crypto Worth About $133,000,000

Several nine-figure transactions have been seen on the blockchain this week, which indicates that crypto whales are moving enormous amounts of currency around. One mysterious Bitcoin whale transmitted 6,980 BTC to an unidentified wallet in the wee hours of Monday, according to blockchain tracking firm Whale Alert. The sender only had to pay a charge of $0.07 for the transfer, which had a startling value of $133,839,478.

The Daily Hodl - 1423 ngày trước

The Capacity Of The Bitcoin Lightning Network Reaches 5,000 BTC Milestone

The Lightning Network, the layer-2 payments system for Bitcoin (BTC), is still thriving in spite of macroeconomic headwinds and sluggish price movement. The 5,000 BTC ($96 million) milestone capacity for the Bitcoin Lightning Network has been reached. In practice, as long as Bitcoiners continue to support the network's expansion, more and more Bitcoin is being introduced to Lightning Network payment channels globally.

cointelegraph - 1423 ngày trước

Citi Claims Centralized Crypto Exchanges Are Losing Market Share To Decentralized Crypto Exchanges

In a research report, Citigroup said that over the previous two years, decentralized cryptocurrency exchanges (DEXs) had developed more quickly than centralized exchanges (CEXs). Users leaving centralized systems to escape their more onerous know-your-customer procedures is expected to increase the divide. Citi stated that these exchanges have relatively lower fees after the trading rewards are taken into account.

coindesk - 1423 ngày trước

As Bitcoin Balance Reaches An All-time High, NYDIG Raises $720 Million

NYDIG's Bitcoin holdings have increased by approximately 100% year over year, while the company's revenue has increased by 130% through Q2 and will climb again when Q3's books are closed. Despite Bitcoin's continued decline throughout 2022, the business holds onto its bitcoins more than ever. The organization has raised $720 million for its institutional Bitcoin fund, according to an amended SEC filing. The financing was funded by 59 investors, who each gave an average of more than $12 million.

cointelegraph - 1423 ngày trước

Japanese Gaming Giant, Sega Will Release Its First Blockchain Game

One of the biggest Japanese gaming firms, Sega, has revealed that Double Jump Tokyo, another Japanese game production business, will help it release its first blockchain game. The project will be based on the series of Japanese arcade games known as Sangokushi Taisen. The Sangokushi Taisen series of strategy games features a number of titles that let players employ virtual cards on a virtual field.

Bitcoin News - 1423 ngày trước