Day: 14 August 2024

AC Milan has announced a long-term partnership with crypto trading and custody service provider, Bitpanda. According to a recent press release from the renowned Italian football club, Bitpanda is a "Premium Partner" and its "Official Crypto Trading Partner." Also, as part of the partnership, Bitpanda will enjoy prominent visibility at ...

Venture Capital (VC) investments in the cryptocurrency sector rose significantly in early 2024 and maintained momentum through the first half of the year. According to a report from Crypto Koryo, a data analysis platform, both the total investment amounts and the number of projects receiving VC funding since Q4 2023 ...

The United Kingdom neobank Xapo Bank recently added a new financial product to its lineup: Interest-Bearing Bitcoin Accounts (IBBAs). These accounts offer up to 1% annual interest rate on Bitcoin holdings without requiring users to stake, lend, or lock up their funds. This is a very compelling alternative for those ...

The cryptocurrency market, which started 2024 with soaring prices and high enthusiasm, is now in the throes of a dramatic downturn. August has seen an unprecedented surge in liquidations. The fallout has been substantial; a total of $1.12 billion was liquidated in the first seven days of the new month, ...

On August 5, 2024, the crypto market experienced one of its toughest days in years. The sharp increase in costs for the Japanese yen-denominated loans acted as the spark that ignited the fire of volatility in the wider financial markets and crypto too. This drop caught many off guard, although ...

Coinbase may be preparing to launch a new product, specifically a wrapped Bitcoin token. Two cryptic posts from the US-based cryptocurrency exchange's official X account containing the words "cbBTC," followed by a "coming soon," have prompted this speculation. Coming soon. — Coinbase ????️ (@coinbase) August 14, 2024 cbBTC. — Coinbase ...

Dogecoin is aiming for the $1 milestone, but a lesser-known cryptocurrency, CYBRO, might reach that milestone sooner. Meanwhile, a $0.03 AI-powered coin has managed to outperform both DOGE and WIF. This article delves into these digital currencies, uncovering potential market movers and highlighting the coins poised for significant growth. CYBRO ...

Ledger hardware wallet users will soon be able to convert fiat currency into cryptocurrencies and vice versa directly on their devices. The self-custody solutions provider recently announced a new partnership with Revolut to streamline crypto purchases with its solutions. The UK fintech giant will be integrated into Ledger's products' user ...

US based Bitcoin miner Core Scientific has increased its fundraising goal to $400 million, surpassing its initial target of $350 million. The company plans to achieve this through a private offering of convertible senior notes, as announced in another press release on August 14, 2024. In a press release, the ...

Market analyst Markus Thielen of 10x Research has highlighted a significant uptick in stablecoin issuance that could signal the next major Bitcoin rally. In the latest report published by the investment research firm, Thielen pointed out that the two largest stablecoin issuers, Tether and Circle, issued nearly $2.8 billion worth ...