Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. 360 million adults in Sub-Saharan Africa don’t have access to any bank account — roughly 17% of the global unbanked population concentrated in a single continent. What’s more, Africa’s top ten banks
Prominent angel investor Jason Calacanis has recommended that investors stay as far away as possible from Michael Saylor’s Strategy (formerly MicroStrategy). Calacanis claims that investors should simply get exposure to Bitcoin instead. Vocal Strategy bear The latest bearish statement, with his earlier criticism of the biggest Bitcoin treasury firm. As reported by U.Today, Calacanis previously
Chinese sportswear brand 361 Degrees International Limited is testing new payment methods. The company announced today that it is exploring the use of stablecoin settlements in regions outside mainland China. This includes overseas retail stores, online sales, supply chain services, and its growing digital ecosystem. To start the trial, 361 Degrees opened an account with
Uruguay is in the initial stages of studying the implementation of a digital currency as part of a restructuring process. Adolfo Sarmiento, the former manager of economic policy and markets, has been reassigned to oversee the project. Uruguay Jumps on the Digital Currency Bandwagon as Part of Restructuring Process The Central Bank of Uruguay is
Bitcoin price is showing positive signs above $114,500. BTC is now consolidating and might rise further if it clears the $116,200 resistance zone. Bitcoin started a fresh increase above the $114,200 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at
Crypto protocols raised $1.9 billion in August, down 30% from July’s $2.67 billion, according to DefiLlama data. Despite the monthly drop, August numbers for raises from venture capital funds align with the numbers recorded in July, with $600 million captured from PUMP’s public sale last month. DeFi protocols dominated August funding with multiple major raises,
Key Takeaways Bitlayer, a Bitcoin layer 2 network, has migrated to Chainlink CCIP as its cross-chain standard for transfers with Ethereum. CCIP now manages secure transfers for BTR, USDC, USDT, ETH, and wstETH between Bitlayer and Ethereum. Bitlayer, a Bitcoin layer 2 network, has migrated to Chainlink CCIP as its cross-chain infrastructure for transfers between
Imagine a digital Korean Won that could be traded globally with ease and unwavering stability. This isn’t just a futuristic dream; it’s a tangible possibility, but one that hinges on crucial financial reforms. The potential for a successful won stablecoin in South Korea is immense, promising to elevate the nation’s financial standing on the international
The financial world is buzzing with news of a significant move by the Arizona state pension fund. This prominent institutional investor has recently boosted its stake in MicroStrategy (MSTR), a company known for its substantial Bitcoin holdings. This decision signals a growing trend among traditional financial entities to explore new avenues for investment growth. What’s
Scott Melker and Mike McGlone, well-known names in the financial world, evaluated the latest situation in the markets ahead of the FED’s possible interest rate cuts in the Market Mavericks program they attended. Focusing particularly on the record levels in the S&P 500 and economic indicators, the speakers also discussed Bitcoin’s strong stance at $114,000.