Category: crypto

Singapore-based Crypto.com has partnered with Deutsche Bank to improve its corporate banking capabilities and support its global expansion efforts. The collaboration aims to streamline financial operations in key regions such as Singapore, Australia, and Hong Kong. This partnership highlights Crypto.com’s commitment to compliance, security, and innovation as it accelerates its growth.

A global survey by Consensys and YouGov shows that crypto adoption and understanding are increasing worldwide. The report reveals that 93% of people are aware of cryptocurrencies, with 42% owning or having invested in digital assets. Concerns about market volatility, scams, and a lack of clear starting points hinder broader participation. Decentralization, privacy, AI risks,…

Bitcoin experienced a 14% weekly correction after reaching $100,000, but this does not negate its potential for further upside. The correction resulted in over $1.1 billion in liquidations across centralized exchanges, with long positions being heavily impacted. Funding rates have stabilized, indicating a transition towards greater stability in the market.

Enron Corporation, now rebranded, announced Connor Gaydos as its new CEO and teased a groundbreaking technology launch at a January summit. The company, known for past scandals, is shrouded in mystery, with speculation about a potential crypto venture. Industry watchers are unsure if this revival is genuine or a parody.

The crypto market saw $1.52 billion in liquidations in the last 24 hours as Bitcoin experienced a flash crash. Altcoins like Ethereum, Dogecoin, Solana, XRP, and Cardano also faced significant losses. Over-leveraged positions, weak sentiment, and cascading stop-loss orders contributed to the intense volatility. Binance led in liquidations. Fear and Greed Index remains at Extreme…

Toni Wahrstätter, a researcher at the Ethereum Foundation, has cautioned against rushing the expansion of Ethereum’s block gas limit due to technical challenges. The proposed increase to 60 million gas per block could lead to network destabilization and propagation failures. The upcoming Pectra 2 upgrade aims to address these issues by reducing block sizes and…

The cryptocurrency market in Nigeria has grown significantly, with many mobile apps facilitating crypto trading. The Prestmit app offers a secure platform to sell crypto and achieve financial freedom. It supports multiple cryptocurrencies and offers features like user-friendly interface, security, fast payments, reasonable rates, and customer support. Download the app to start trading confidently.

A member of Russia’s State Duma has proposed the creation of a national Bitcoin reserve to counter economic sanctions and ensure financial stability. The proposal reflects growing interest in leveraging digital assets amid restricted access to global financial systems. Russia could become a pioneer in adopting cryptocurrencies for national financial strategy.

Tether reported 109 million on-chain wallets holding USDT at the start of the fourth quarter, positioning it as one of the most utilized digital assets. USDT’s integration within centralized platforms, like exchanges, has increased, with over 86 million accounts receiving on-chain deposits. USDT appeals to retail users due to its accessibility.

Jetking Infotrain, India’s first publicly traded company to adopt Bitcoin as a reserve asset, purchased 12 BTC worth $1.2 million. CEO Avinash Bharwani plans to mix equities and BTC to boost company value. Prominent lawyer Suril Desai is leading discussions with regulators. Tax reporting for Bitcoin gains in India is still being worked on.