Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis. Read More at https://cointelegraph.com/news/turkey-s-200b-crypto-boom-is-built-on-speculation-not-adoption-chainalysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Ripple co-founder keeps ‘cashing out’ at the highs: Will it hurt XRP price?
Ripple co-founder and former CEO Chris Larsen has amassed millions in realized profits from XRP since 2018, potentially putting the price recovery at risk. Read More at https://cointelegraph.com/news/ripple-co-founder-keeps-cashing-out-at-highs-will-it-hurt-xrp-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Revolut secures MiCA license in Cyprus to launch Europe-wide crypto services
Revolut also revealed its Crypto 2.0 platform, which will feature over 280 tokens, zero-fee staking up to 22% APY and 1:1 stablecoin-to-US dollar conversion. Read More at https://cointelegraph.com/news/revolut-secures-mica-license-in-cyprus?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EU sanctions Russian A7A5 stablecoin and crypto exchanges
Russian oil companies have been increasingly relying on digital assets and crypto platforms to circumvent financial sanctions, according to the European Commission. Read More at https://cointelegraph.com/news/eu-sanctions-russian-stablecoin-and-crypto-exchanges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WazirX bets on zero-fee crypto trading to drive relaunch after long hiatus
WazirX’s phased comeback begins Friday, offering 30 days of zero-fee trading as the exchange rebuilds liquidity and trust after a long hiatus. Read More at https://cointelegraph.com/news/wazirx-restart-zero-fee-trading-after-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CZ calls Peter Schiff’s tokenized gold a ‘trust me bro’ asset
Peter Schiff reiterated that Bitcoin will “go to zero” and warned that the US dollar’s era as the global reserve currency is ending, predicting a return to a gold-based system. Read More at https://cointelegraph.com/news/cz-calls-peter-schiffs-tokenized-gold-trust-me-bro-asset?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Juggernaut in making? Polymarket’s valuation may jump 10x to $15B with new funding
Polymarket continues to expand its mainstream reach with new partnerships, teaming up with DraftKings, the NHL and OpenAI’s World project. Read More at https://cointelegraph.com/news/polymarket-valuation-could-jump-to-15b-amid-new-funding-talks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bunni DEX becomes second crypto project to shut this week
Bunni has decided to re-license its v2 smart contracts from Business Source License to MIT license, allowing developers to use all the features developed by Bunni, garnering praise. Read More at https://cointelegraph.com/news/bunni-dex-becomes-second-crypto-project-shutter-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETF apathy is pressuring a key Bitcoin support level
Without Bitcoin ETF holding sustained inflows, Bitcoin could succumb to “demand side fragility,” analysts from Bitfinex warn. Read More at https://cointelegraph.com/news/bitcoin-etf-inflows-risks-btc-price-level-bitfinex-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin miner debt surges 500% as miners beef up for the hashrate fight
Bitcoin miners have taken on $12.7 billion in debt as they invest in new rigs and AI infrastructure to stay competitive in the global hashrate race. Read More at https://cointelegraph.com/news/bitcoin-miner-debt-surges-ai-hpc-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound