Bitcoin Performed better than the S&P 500 in August
Bitcoin (BTC) price has remained in a tight range of between $28K and $29K in the past few weeks.BTC outperformed the equities market S&P 500, in August. The popular analytics…
BitPay Embraces XRP: Boosting Adoption and Cross-border Payments.
The BitPay Wallet and merchant settings will be instantly updated, simplifying the connection.The effectiveness of XRP in international transfers is constantly improving.BitPay, a global leader in cryptocurrency payments, has announced…
Coinbase Secures Approval To Offer Crypto Futures Trading in US
This is a huge win for Coinbase and the cryptocurrency ecosystem as a whole. Coinbase Financial Markets is now a licensed Futures Commission Merchant (FCM). The National Futures Association of…
PayPal to Temporarily Halt Cryptocurrency Sales for UK Customers.
PayPal will temporarily ban crypto sales on October 1 and aims to restart it in early 2024. The company made the move because of new regulations passed by the U.K.…
Binance Shuts Crypto Payments Within One Year of Launch
Binance prioritizes core products and discontinues the “Binance Connect” crypto payments service.Binance Connect enabled merchants to accept 50+ cryptocurrencies for payments.Binance, a major player in the cryptocurrency exchange arena, has…
Campaign Contribution Accusations Against SBF Back on Track
According to newly published documents, SBF used other FTX C-Suite members to bypass donation limits.On the 14th of August, the prosecution in SBF’s ongoing court case produced the longest and…
Hedera (HBAR) Pumps Hard, Is FedNow The Reason Behind It?
Price of Hedera (HBAR) spiked 14% to reach its 4-month-high. The maximum price surge led HBAR to attain the 13th-largest daily trading volume.HBAR is now added as a payment option…
PayPal Appoints Intuit’s Alex Chriss as New CEO and President
Alex Chriss’s new position will benefit greatly from his extensive background.Chriss will take over as CEO on September 27, 2023, succeeding Dan Schulman.The payment processing giant PayPal has recruited a…
Singapore’s Central Bank Introduces Guidelines for Stablecoins Issuers.
The MAS has requirements for companies that want to issue a stablecoin under its watch.The framework will be available to non-bank issuers as per the Central Bank.In an effort to…
Breaking Barriers— Dilys Cheng, First Female CEO of a Crypto Exchange
Dilys Cheng’s appointment as CEO of a crypto exchange is a groundbreaking step towards gender diversity in the crypto space. In an industry traditionally dominated by men, her ascent represents…