Crypto Abra extends to 6000 manazines in the Philippines The crypto investment app Abra will allow users to buy fiat cryptocurrencies in 6,000 Philippine stores. Based on a partnership with the local ECPAY payment company, cryptocurrencies can be purchased from kiosks located in shops and supermarkets. Also included are 7-Eleven stores, which allow purchases through…
Mike Novogratz, the founder of the Galaxy Digital cryptocurrency trading bank, in an interview with The Block, shared the details of how he almost became an investor in the Telegram blockchain project. “Initially, I was very doubtful. All my guys hated them. White paper was terrible, but at some point I woke up and thought…
The U.S. Securities and Exchange Commission (SEC) has published a Bitwise presentation explaining why the market is ready to launch ETFs on bitcoin on a major exchange. The cryptocurrency index company Bitwise pays attention to three main factors, reinforcing its arguments with relevant statistics. The first is the spot market performance data. The average deviation…
Coinbase is exploring the possibility of adding 17 crypto assets to the listing, including the Telegram’s GRAM token. According to the articleOn the Coinbase blog, the following cryptocurrency projects became candidates for listing on the site: Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, Near, Nervos, Oasis, Orchid, Polkadot, Solana, Spacemesh and Telegram. Some…
Ripple filed a motion to dismiss the SEC lawsuit against the company by the court, stating that XRP is not a security. Last month, a group of investors fileda lawsuit in court demanding that XRP tokens be recognized as a security not registered with the US Securities and Exchange Commission (SEC). In response, Ripple filed…
It was a great week for altcoins such as XLM (30%), ETH (15%) and XRP (14%). The question we answer in this analysis: could we have seen this coming? We also look at the bitcoin price. Well, we could have seen it coming Altcoins such as Stellar (XLM) have been preparing for a price rise…
ETH transaction fees increase with the price of cryptocurrency –The Ethereum (ETH) network continues to operate at full capacity, and based on its rules of free competition, ETH transaction fees increase every day. Currently, fees for quick transactions have risen to $ 0.13 and even for regular transactions they have reached $ 0.09. Congestion is…
The House of Representatives Financial Services Committee has scheduled a hearing with the SEC chairman and four other commissioners to discuss cryptocurrency regulation. The House of Representatives Financial Services Committee announced that it will hold a hearing on September 24 with the chairman of the Securities and Exchange Commission (SEC), Jay Clayton, and four other…
Jay Clayton, the SEC’s chief, said better regulation around bitcoin markets is needed before they can be traded on major exchanges. The statement was made at the Delivering Alpha conference hosted by the American television station CNBC. The SEC president said investors are “very wrong.” If you consider that Bitcoin and other cryptocurrencies are subject…
Government agencies want to get a grip on cryptocurrency and privacy coins make that a lot harder. It is difficult to trace who sends what. Privacy coins broadly correspond to what cryptographically encrypted currencies are intended for, namely to send anonymous transactions. Privacy coins are excluded from exchanges But this also ensures that cryptocurrency exchanges,…
