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Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report. The seventh-largest crypto market in the world saw the value of cryptocurrencies received by individuals rocket 40% between July 2021 to June 2022, reaching $562 billion,
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Self-regulation will be critical in governing the rapidly changing landscape of the cryptocurrency industry in order to preserve its autonomous, decentralized nature. Months after the collapse of the Terra ecosystem that propelled crypto’s market capitalization below $1 trillion, the industry is beginning the long process of rebuilding not only retail trust
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In this episode of NewsBTC’s daily technical analysis videos, we are analyzing Bitcoin dominance (BTC.D) and how the top cryptocurrency might perform in
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Celsius had sued Prime Trust in August, alleging that Prime Trust had improperly withheld the tokens when the two terminated their contract in June 2021. The assets, made up of 398 BTC, 196,268 CEL tokens, 3,740 ETH and 2.2 million USDC valued at roughly $17 million, were tied to Celsius’
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The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global market capitalization of crypto dropped below the $2 trillion mark in January 2022. Since then, the price of Bitcoin (BTC) has decreased by over 70% from its all-time high of
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Some 21.5 million tokens, almost 8% of the total supply, will be freed up when the vesting period expires Oct. 24, according to data site TokenUnlocks. Aleksander Larsen, chief operating officer of Axie developer Sky Mavis, told CoinDesk the unlock schedule is based on transaction block numbers, which he projected
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BJ Kang made a name for himself at the FBI leading probes of a number of high-profile Wall Street insider trading cases. Original Source
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"This operation came out of Turkish Cyprus and is linked to the murder of Halil Falyalı," said Turkey's Interior Minister, Süleyman Soylu, as reported in the Daily Sabah. "A transfer of approximately 2.5 billion Turkish lira ($135 million) of money occurred. Approximately $40 million of money has been confiscated at
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Institutions have begun to take crypto seriously and have entered the space in numerous ways. As noted in a previous analysis, this has resulted in banks and fintechs looking at custody products and services for their clients. However, as custodians of clients’ assets, banks must also ensure they are clean assets
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"It’s both the best time and the worst time in crypto,” said John Sarson, CEO of Sarson Funds, a crypto asset manager and education resource for financial advisors. “Adoption was going gangbusters. Everyone with speculative assets was deploying them in crypto, and then they saw them evaporate over the course
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