Bitcoin Adoption as Legal Tender in El Salvador Leads to 95% Boost in Tourism, Highlighting Potential Benefits of Cryptocurrency for Developing Countries

El Salvador became the first country to adopt Bitcoin as legal tender in September 2021, and since then, it has been closely watched by the cryptocurrency industry and the wider world. One unexpected consequence of this move has been a…

Bitfinex and Tether Accused of Falsifying Documents and Covering Up Losses, Shattering Investor Trust – WSJ

Bitfinex and Tether, two of the most prominent companies in the cryptocurrency industry, have been accused of falsifying documents to access banking services, according to a report by the Wall Street Journal. The allegations come as part of a wider…

Bullish Opinion – Why Bitcoin can hit $51000 this year. Here is how and when?

This year, I am seeing Bitcoin at $51000 if, we get this confirmation. I will also share the validity of the theory I am proposing here. Bitcoin (BTC) is forming a right shoulder of the inverted Head & Shoulder. I…

Altcoins at a Glance, Important News You Might Have Missed

There are thousands of altcoins in the crypto space.  We know time is important, so we have compiled altcoin updates that you might have missed.   This is your weekly dose of Altcoins at a Glance. Audios Integrates with Tiktok Algorand…

SEC Cracks Down on Binance.US for Operating as Unregistered Securities Exchange: Will Cryptocurrency Survive Regulatory Onslaught?

The Securities and Exchange Commission (SEC) in the United States has taken action against Binance.US, accusing the cryptocurrency exchange of operating as an unregistered securities exchange. The move comes as part of a wider regulatory crackdown on the cryptocurrency industry,…

Empowering Crypto Investors: Binance Joins Forces with Law Enforcement in Powerful Anti-Scam Campaign

Binance, one of the world’s largest cryptocurrency exchanges, has announced a joint anti-scam campaign with law enforcement agencies to crack down on fraudulent activities in the cryptocurrency industry. The campaign is aimed at educating users on how to identify and…

Supercharging Cryptocurrency Services: Coinbase Acquires One River Digital Asset Management

Coinbase, one of the world’s largest cryptocurrency exchanges, has announced its acquisition of One River Digital Asset Management, a digital asset management firm with over $2.5 billion in assets under management. The acquisition marks Coinbase’s latest move to expand its…

Jack Dorsey’s TBD Launches Bitcoin Lightning Node and Decentralized Financial Services

Jack Dorsey, the co-founder of Twitter and Square, has launched a new venture called TBD, which aims to create an open platform for decentralized financial services. One of the first products offered by TBD is a Bitcoin Lightning node, which…

Banking System Unlikely to be Impacted by Silvergate Crypto Disaster

Silvergate Capital Corporation, a leading provider of innovative financial infrastructure solutions and services for the digital currency industry, saw its stock drop over 50% in a single day following the company’s announcement of its financial results for the fourth quarter…

New Survey Shows 20% of Americans Own Cryptocurrency, With Bitcoin Leading the Way

Coinbase, one of the largest cryptocurrency exchanges in the world, recently conducted a national survey of 2,000 American adults to gauge the adoption and perception of cryptocurrencies in the United States. The results of the survey suggest that cryptocurrency ownership…