Bolivia Boosts Crypto Adoption with Bank-Backed USDT Custody
Bolivian bank Banco Bisa has launched a stablecoin custody service that allows customers to buy, sell, and transfer USDT. Crypto adoption is advancing in Bolivia as a prominent bank, Banco Bisa, has introduced a custody service for the USDt stablecoin. Banco Bisa announced that this new service would enable its clients to buy, sell, and […]
Binance: Retail Investors Demand 80% of Bitcoin ETFs
Binance reports that retail investors, not institutions, have driven spot bitcoin ETF demand since debut. Retail investors account for the majority of demand for spot Bitcoin exchange-traded funds (ETFs), according to recent research by Binance. In an October 25 report on crypto ETFs, Binance revealed that as of October 10, nearly 80% of the total […]
US Lawmakers Claims Crypto PACs Stifles ‘Important Voices in Congress’
Representative Summer Lee criticized crypto-backed Super PACs funding media Buys that may have contributed to the loss of two Democratic lawmakers in their primaries. Pennsylvania Representative Summer Lee strongly criticized crypto-backed political action committees (PACs) for financing ads that “demonize” candidates in the 2024 primaries, often unrelated to digital assets. During an Oct. 24 virtual event […]
Binance to Delist 4 Cryptos, Raising Dip Concerns
Binance announced plans to delist four cryptocurrencies IDRT, KP3R, OOKI, and UNFI on November 6, causing their prices to drop by 0.5% to 46%. An intriguing turn of events occurred on Wednesday when the largest cryptocurrency exchange Binance revealed their intention to delist four cryptocurrencies. This announcement caused market participants all around the world to […]
Venmo Users Can Now Buy Crypto with Moonpay
Venmo has collaborated with MoonPay to enable its 60 million American users to purchase cryptocurrencies with their Venmo balances. The X account of MoonPay announced this new connection, which enables customers to buy well-known cryptocurrencies like Ethereum and Bitcoin. The function gradually expanded to other platforms and is currently available on MoonPay’s partner network. MoonPay, […]